This measure would declare May as California Small Business Month and express the Legislatures support of the Governors efforts in promoting small businesses.

This measure would declare May as California Small Business Month and express the Legislatures support of the Governors efforts in promoting small businesses.

This measure would declare May as California Small Business Month and express the Legislatures support of the Governors efforts in promoting small businesses.

WHEREAS, California is home to the most innovative and competitive businesses, placing the state consistently among the top 10 economies worldwide, boasting a multitude of cutting-edge and globally competitive companies; and

WHEREAS, Small businesses embody the entrepreneurial spirit that drives our states economy, with over one-half of our private sector workforce finding employment within their ranks with 4,000,000 small businesses contributing to over 7,000,000 jobs as of 2023; and

WHEREAS, On a national basis, the 30,000,000 small businesses are responsible for creating nearly two out of three new jobs; and

WHEREAS, Within this diverse landscape of enterprises, 1,600,000 are owned by women and minorities, and over 2,000,000 are under veteran ownership. These businesses play a pivotal role, contributing to 43.2 percent of the states $186 billion in exports and supporting 583,000 jobs; and

WHEREAS, Small businesses are critical to the economic well-being of this state by creating new businesses and employment opportunities and by bringing new and innovative services and products to the marketplace; and

WHEREAS, The Legislature reaffirms our commitment to Californias small businesses to thrive and prosper and that supporting small-scale private sector job creators is among our most promising strategies to enhance Californias economic success and human capital, expand job opportunities, and increase our competitive advantage in the global marketplace; and

WHEREAS, Recognizing May as Small Business Month highlights the resilience and economic significance of mom-and-pop shops and innovative start-ups across the state, serving as vital pillars in our communities. Such acknowledgment reaffirms the Legislatures dedication to supporting small businesses in California; now, therefore, be it

Resolved by the Assembly of the State of California, the Senate thereof concurring, That the Legislature in recognition of the importance of small businesses to the economy of this state declares May as California Small Business Month; and be it further

Resolved, That the Legislature adds its support to the Governors efforts in promoting small businesses.

WHEREAS, California is home to the most innovative and competitive businesses, placing the state consistently among the top 10 economies worldwide, boasting a multitude of cutting-edge and globally competitive companies; and

WHEREAS, Small businesses embody the entrepreneurial spirit that drives our states economy, with over one-half of our private sector workforce finding employment within their ranks with 4,000,000 small businesses contributing to over 7,000,000 jobs as of 2023; and

WHEREAS, On a national basis, the 30,000,000 small businesses are responsible for creating nearly two out of three new jobs; and

WHEREAS, Within this diverse landscape of enterprises, 1,600,000 are owned by women and minorities, and over 2,000,000 are under veteran ownership. These businesses play a pivotal role, contributing to 43.2 percent of the states $186 billion in exports and supporting 583,000 jobs; and

WHEREAS, Small businesses are critical to the economic well-being of this state by creating new businesses and employment opportunities and by bringing new and innovative services and products to the marketplace; and

WHEREAS, The Legislature reaffirms our commitment to Californias small businesses to thrive and prosper and that supporting small-scale private sector job creators is among our most promising strategies to enhance Californias economic success and human capital, expand job opportunities, and increase our competitive advantage in the global marketplace; and

WHEREAS, Recognizing May as Small Business Month highlights the resilience and economic significance of mom-and-pop shops and innovative start-ups across the state, serving as vital pillars in our communities. Such acknowledgment reaffirms the Legislatures dedication to supporting small businesses in California; now, therefore, be it

Resolved by the Assembly of the State of California, the Senate thereof concurring, That the Legislature in recognition of the importance of small businesses to the economy of this state declares May as California Small Business Month; and be it further

Resolved, That the Legislature adds its support to the Governors efforts in promoting small businesses.

WHEREAS, California is home to the most innovative and competitive businesses, placing the state consistently among the top 10 economies worldwide, boasting a multitude of cutting-edge and globally competitive companies; and

WHEREAS, Small businesses embody the entrepreneurial spirit that drives our states economy, with over one-half of our private sector workforce finding employment within their ranks with 4,000,000 small businesses contributing to over 7,000,000 jobs as of 2023; and

WHEREAS, On a national basis, the 30,000,000 small businesses are responsible for creating nearly two out of three new jobs; and

WHEREAS, Within this diverse landscape of enterprises, 1,600,000 are owned by women and minorities, and over 2,000,000 are under veteran ownership. These businesses play a pivotal role, contributing to 43.2 percent of the states $186 billion in exports and supporting 583,000 jobs; and

WHEREAS, Small businesses are critical to the economic well-being of this state by creating new businesses and employment opportunities and by bringing new and innovative services and products to the marketplace; and

WHEREAS, The Legislature reaffirms our commitment to Californias small businesses to thrive and prosper and that supporting small-scale private sector job creators is among our most promising strategies to enhance Californias economic success and human capital, expand job opportunities, and increase our competitive advantage in the global marketplace; and

WHEREAS, Recognizing May as Small Business Month highlights the resilience and economic significance of mom-and-pop shops and innovative start-ups across the state, serving as vital pillars in our communities. Such acknowledgment reaffirms the Legislatures dedication to supporting small businesses in California; now, therefore, be it

Resolved by the Assembly of the State of California, the Senate thereof concurring, That the Legislature in recognition of the importance of small businesses to the economy of this state declares May as California Small Business Month; and be it further

Resolved, That the Legislature adds its support to the Governors efforts in promoting small businesses.

 THIRD READING 

Bill No: ACR 198

Author: Villapudua (D), et al.

Introduced: 5/7/24

Vote: 21

ASSEMBLY FLOOR: Read and adopted, 5/24/24

SUBJECT: California Small Business Month

SOURCE: Author

DIGEST:

This resolution declares May as California Small Business Month and expresses the Legislature’s support of the Governor’s efforts in promoting small businesses.

ANALYSIS: This resolution makes the following legislative findings:

1. Small businesses embody the entrepreneurial spirit that drives our state’s economy, with over one-half of our private sector workforce finding employment within their ranks with 4,000,000 small businesses contributing to over 7,000,000 jobs as of 2023.
2. On a national basis, the 30,000,000 small businesses are responsible for creating nearly two out of three new jobs.
3. Small businesses are critical to the economic well-being of this state by creating new businesses and employment opportunities and by bringing new and innovative services and products to the marketplace.
4. Recognizing May as Small Business Month highlights the resilience and economic significance of mom-and-pop shops and innovative start-ups across the state, serving as vital pillars in our communities. Such acknowledgment reaffirms the Legislature’s dedication to supporting small businesses in California.

This resolution recognizes the importance of small businesses to the economy of this state declares May as California Small Business Month.

Background

Small Business Month has its origins in 1963 when President John F. Kennedy proclaimed the first week of May as Small Business Week. Over time, this celebration expanded into Small Business Month, a dedicated period in May to honor and recognize the significant contributions of small businesses to the U.S. economy. According to a 2020 study by the U.S. Small Business Administration (SBA), there are 31.7 million small businesses in the United States, making them a crucial component of the nation's economic framework. These businesses are often referred to as the backbone of the American economy and symbolize the American Dream through their perseverance and community impact.

This month-long celebration is intended to recognize and honor the entrepreneurial spirit within the community and acknowledge the vital role of small businesses and entrepreneurs in economic growth. Throughout Small Business Month, various events such as award ceremonies, seminars, networking gatherings, trade shows, and more are organized to celebrate and support small business owners. These events help foster a supportive entrepreneurial ecosystem by bringing together current and prospective entrepreneurs for learning and networking opportunities.

Small businesses face increasing competition from larger companies, making this celebration a vital morale booster. It emphasizes the importance of supporting small businesses to strengthen the overall economy. California stands out with over 4.1 million small businesses, the highest number of any state. These businesses create two-thirds of net new jobs in the state and employ over 7 million people, nearly half of the state’s private-sector workforce. California leads the nation in business startups, receives a substantial portion of the nation’s venture capital, and excels in patent production and research and development. The state's small businesses are pivotal in various industries, including aerospace, computers, electronics, and zero-emission vehicles. The state of California supports small businesses through federal funding initiatives such as the State Small Business Credit Initiative (SSBCI) and the Technical Assistance for Capital Readiness Program. These programs help businesses access necessary capital for growth and sustainability.

Overall, Small Business Month highlights the immense contributions of small businesses to economic innovation and competitiveness. It serves as a reminder of the ongoing efforts needed to support these businesses and ensure that all individuals have the opportunity to pursue their entrepreneurial dreams in the United States.

Comments

According to the author:

California is a top 10 global economy, thriving on its vibrant small business community. As of 2023, the state is home to over 4 million small businesses, employing more than 7 million people. This includes 1.6 million businesses owned by women and minorities and over 2 million by veterans. Small businesses contribute 43.2% of California's $186 billion exports, supporting 583,000 jobs. During Small Business Month, this diversity and economic impact highlight the crucial role of small enterprises in the state's economy and communities. Acknowledging May as Small Business Month reaffirms the Legislature's dedication to supporting small businesses in California.

Related/Prior Legislation

SCR 47 (Rubio, Resolution Chapter 110, Statutes of 2019) declared May of 2019 as California Small Business Month.

FISCAL EFFECT: Appropriation: No Fiscal Com.: No Local: No

SUPPORT: (Verified 6/4/24)

None received

OPPOSITION: (Verified 6/4/24)

None received

Prepared by: Holly Hummelt / SFA / (916) 651-1520

6/5/24 13:52:43

**** END ****

ASSEMBLY THIRD READING

ATR Bill Id:ACR 198

Author:(Villapudua)

As Introduced Ver:May 7, 2024

Majority vote

SUMMARY

Declares May as California Small Business Month in recognition of the importance of small businesses to the economy of this state.

Major Provisions

1. California is home to the most innovative and competitive businesses, placing the state consistently among the top 10 economies worldwide, boasting a multitude of cutting-edge and globally competitive companies.
2. Small businesses embody the entrepreneurial spirit that drives our state's economy, with over one-half of our private sector workforce finding employment within their ranks with 4 million small businesses contributing to over 7 million jobs as of 2023.
3. Within this diverse landscape of enterprises, 1.6 million are owned by women and minorities, and over 2 million are under veteran ownership. These businesses play a pivotal role, contributing to 43.2% of the state's $186 billion in exports and supporting 583,000 jobs.
4. Small businesses are critical to the economic well-being of this state by creating new businesses and employment opportunities and by bringing new and innovative services and products to the marketplace.
5. Recognizing May as Small Business Month highlights the resilience and economic significance of mom-and-pop shops and innovative start-ups across the state, serving as vital pillars in our communities. Such acknowledgment reaffirms the Legislature's dedication to supporting small businesses in California.

COMMENTS

According to the Author

Acknowledging May as Small Business Month reaffirms the Legislature's dedication to supporting small businesses in California. As of 2023, California has a thriving community of over 4 million small businesses, contributing to a workforce of over 7 million.

Arguments in Support

None on file.

Arguments in Opposition

None on file.

FISCAL COMMENTS

No fiscal impact. This resolution is keyed non-fiscal by Legislative Counsel.

VOTES

ASM RULES: 10-0-1

YES: Pacheco, Cervantes, Flora, Friedman, Holden, Jones-Sawyer, Maienschein, Dixon, Ting, Waldron

ABS, ABST OR NV: Low

UPDATED

VERSION: May 7, 2024

CONSULTANT: Michael Erke / RLS. / (916) 319-2800 FN: 0002943

Date of Hearing: May 13, 2024

ASSEMBLY COMMITTEE ON RULES

Blanca Pacheco, Chair

ABPCA Bill Id:ACR 198 (

Author:Villapudua) – As Introduced Ver:May 7, 2024

SUBJECT: California Small Business Month.

SUMMARY: Declares May as California Small Business Month in recognition of the importance of small businesses to the economy of this state. Specifically, this resolution makes the following legislative findings:

1. California is home to the most innovative and competitive businesses, placing the state consistently among the top 10 economies worldwide, boasting a multitude of cutting-edge and globally competitive companies.
2. Small businesses embody the entrepreneurial spirit that drives our state’s economy, with over one-half of our private sector workforce finding employment within their ranks with 4 million small businesses contributing to over 7 million jobs as of 2023.
3. Within this diverse landscape of enterprises, 1.6 million are owned by women and minorities, and over 2 million are under veteran ownership. These businesses play a pivotal role, contributing to 43.2 percent of the state’s $186 billion in exports and supporting 583,000 jobs.
4. Small businesses are critical to the economic well-being of this state by creating new businesses and employment opportunities and by bringing new and innovative services and products to the marketplace.
5. Recognizing May as Small Business Month highlights the resilience and economic significance of mom-and-pop shops and innovative start-ups across the state, serving as vital pillars in our communities. Such acknowledgment reaffirms the Legislature’s dedication to supporting small businesses in California.

FISCAL EFFECT: This resolution is keyed non-fiscal by Legislative Counsel.

REGISTERED SUPPORT / OPPOSITION:

Support

None on file

Opposition

None on file

Analysis Prepared by: Michael Erke / RLS. / (916) 319-2800