Bill Text: CA ACR42 | 2013-2014 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Family Business Day.

Sponsorship: Partisan Bill (Democrat 8)

Status: (Passed) 2013-05-07 - Chaptered by Secretary of State - Res. Chapter 25, Statutes of 2013. [ACR42 Detail]

Download: California-2013-ACR42-Introduced.html

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BILL NUMBER: ACR 42	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Daly
   (Coauthors: Assembly Members Bonilla, Ian Calderon, Perea, V.
Manuel P�rez, Quirk-Silva, Salas, and Williams)

                        APRIL 1, 2013

   Relative to Family Business Day.


	LEGISLATIVE COUNSEL'S DIGEST


   ACR 42, as introduced, Daly. Family Business Day.
   This measure would declare April 10, 2013, as Family Business Day
in California and call upon the State of California to adopt policies
to encourage the growth and prosperity of family owned businesses
within the state.
   Fiscal committee: no.



   WHEREAS, Family businesses are the backbone of our local, state,
and national economies; and
   WHEREAS, Family businesses generate 57 percent of the nation's
GDP, employ 63 percent of the workforce, and create 75 percent of all
new jobs; and
   WHEREAS, California's 1.4 million family businesses employ 7
million Californians of the 17 million civilian employees in the
state; and
   WHEREAS, Studies show that family businesses generate higher
returns for their shareholders; and
   WHEREAS, Family businesses invest more in their employees'
training and benefits and are more likely to promote women to
executive management; and
   WHEREAS, Family businesses are less likely to lay off workers in
tough economic times; and
   WHEREAS, Family businesses engage in higher levels of
philanthropic giving and donate more to local causes; and
   WHEREAS, Family businesses are strong stewards of the environment
by virtue of their long-term perspective and sense of duty to the
past, present, and future of the state; now, therefore, be it
   Resolved by the Assembly of the State of California, the Senate
thereof concurring, That the Legislature declares April 10, 2013, as
Family Business Day in California; and be it further
   Resolved, That the State of California adopt policies to encourage
the growth and prosperity of family owned businesses within the
state; and be it further
   Resolved, That the Chief Clerk of the Assembly transmit a copy of
this resolution to the author for appropriate distribution.