Sharon Quirk-Silva
- Democratic
- Assemblymember
- District 67
Author
Existing law defines microenterprise as a sole proprietorship, partnership, or corporation that has fewer than 5 employees, including the owner, and generally lacks access to conventional loans, equity, or other banking services, as provided. Existing law distinguishes a microenterprise from a small business or microbusiness. Existing law encourages specified local agencies to access, include, and promote local partnerships that invest in microenterprise development, as provided. Existing law defines a "microenterprise development provider" to mean a nonprofit or public agency that provides self-employment training, technical assistance, and access to microloans to individuals seeking to become self-employed or to expand their current business. This bill would modify the definition of microenterprise to also include a limited liability company, increase the number of employees to 5 or fewer, and require that the entity generally lack sufficient access to loans, equity, or other financial capital. The bill would delete those provisions expressly distinguishing a microenterprise from a small business or microbusiness. The bill would modify the definition of microenterprise development provider to also include a nonprofit organization or public agency that provides self-employment training, technical assistance, and access to microloans to a microenterprise seeking to expand its current business.
Approved by the Governor.
Chaptered by Secretary of State - Chapter 101, Statutes of 2014.
Enrolled and presented to the Governor at 2:15 p.m.
In Assembly. Ordered to Engrossing and Enrolling.
Read third time. Passed. Ordered to the Assembly. (Ayes 32. Noes 0. Page 4141.).
Read second time. Ordered to consent calendar.
From committee: Do pass. To consent calendar. (Ayes 9. Noes 0.) (June 16).
In committee: Hearing postponed by committee.
Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 0. Page 3636.)
In Senate. Read first time. To Com. on RLS. for assignment.
Read second time. Ordered to third reading.
Read second time and amended. Ordered to second reading.
From committee: Do pass as amended. (Ayes 8. Noes 0.) (January 7).
From committee chair, with author's amendments: Amend, and re-refer to Com. on J., E.D., & E. Read second time and amended.
In committee: Set, first hearing. Hearing canceled at the request of author.
From committee chair, with author's amendments: Amend, and re-refer to Com. on J., E.D., & E. Read second time and amended.
From printer. May be heard in committee March 24.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB674 | HTML |
| 02/21/13 - Introduced | |
| 03/19/13 - Amended Assembly | |
| 01/06/14 - Amended Assembly | |
| 01/14/14 - Amended Assembly | |
| 06/30/14 - Enrolled | |
| 07/09/14 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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