Joseph Simitian
- Democratic
Author
(1) The California Pollution Control Financing Authority Act establishes the Capital Access Loan Program for small businesses, administered by the California Pollution Control Financing Authority, which provides loans through participating financial institutions to qualifying small businesses. The authority is required to create a loss reserve account for each financial institution. The act authorizes the authority to enact regulations for the distribution of specified funds paid to the authority. This bill would authorize the authority to establish loss reserve accounts for the purposes of financing terminal rental adjustment clause leasing, if funds are available for contribution into the loss reserve account from any source other than the authority. The bill would prohibit, for purposes of the loss reserve accounts for terminal rental adjustment clause leasing, the use of funds provided by the federal government for the purposes of providing a loan loss reserve program. (2) This bill would declare that it is to take effect immediately as an urgency statute.
Chaptered by Secretary of State. Chapter 492, Statutes of 2011.
Approved by the Governor.
Enrolled and presented to the Governor at 4:30 p.m.
Urgency clause adopted.
Assembly amendments concurred in. (Ayes 37. Noes 0. Page 2147.) Ordered to engrossing and enrolling.
Read third time. Urgency clause adopted. Passed. (Ayes 78. Noes 0. Page 2598.) Ordered to the Senate.
In Senate. Concurrence in Assembly amendments pending.
Read second time. Ordered to consent calendar.
Read second time and amended. Ordered to second reading.
From committee: Do pass as amended. Ordered to consent calendar. (Ayes 17. Noes 0.) (August 17).
Read second time and amended. Re-referred to Com. on APPR.
From committee: Do pass as amended and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 6. Noes 0.) (July 6).
Read second time and amended. Re-referred to Com. on J., E.D. & E.
From committee: Do pass as amended and re-refer to Com. on J., E.D. & E. (Ayes 11. Noes 0.) (June 27).
Referred to Coms. on B. & F. and J., E.D. & E.
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 40. Noes 0. Page 708.) Ordered to the Assembly.
Read second time. Ordered to third reading.
From committee: Be placed on second reading file pursuant to Senate Rule 28.8.
Set for hearing April 11.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 0. Page 414.) (March 21). Re-referred to Com. on APPR.
Set for hearing March 21.
From printer. May be acted upon on or after March 12.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB225 | HTML |
| 02/09/11 - Introduced | |
| 06/29/11 - Amended Assembly | |
| 07/13/11 - Amended Assembly | |
| 08/22/11 - Amended Assembly | |
| 09/01/11 - Enrolled | |
| 10/06/11 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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