Gonzalez
Author
Existing law establishes the Office of Small Business Advocate (CalOSBA) within the Governor's Office of Business and Economic Development to advocate for causes of small business and to provide small businesses with the information they need to survive in the marketplace. Existing law prescribes the duties and functions of the Small Business Advocate, who is also the Director of CalOSBA. This bill would, upon appropriation by the Legislature for the purposes of these provisions, establish the California Techquity Innovation Program, to be administered by CalOSBA, to provide grants to advance equity in technology-based business and finance sectors in California. The bill would specify that grants would be awarded for expansion or operation of technology incubators, technical assistance, professional coaching, mentoring, workforce training initiatives, and research, as specified. The bill would establish the California Techquity Innovation Program Fund for purposes of supporting the program. The bill would require CalOSBA to establish guidelines in order to maintain oversight of the California Techquity Innovation Program, including, but not limited to, guidelines for grant approval, program operations, and reporting by grant recipients, as specified. The bill would require the office to annually report to the Legislature on programs and activities undertaken pursuant to these provisions and to post that report on its internet website.
August 11 hearing: Held in committee and under submission.
August 3 set for first hearing. Placed on suspense file.
Read second time and amended. Re-referred to Com. on APPR.
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (June 21).
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 35. Noes 0. Page 3971.) Ordered to the Assembly.
Read second time. Ordered to third reading.
From committee: Do pass as amended. (Ayes 5. Noes 0. Page 3792.) (May 19).
Read second time and amended. Ordered to second reading.
Set for hearing May 19.
April 4 hearing: Placed on APPR suspense file.
Set for hearing April 4.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0. Page 3167.) (March 21). Re-referred to Com. on APPR.
Set for hearing March 21.
From printer.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
Article IV Section 8(a) of the Constitution and Joint Rule 55 dispensed with February 7, 2022, suspending the 30 calendar day requirement.
| Bill Text Versions | Format |
|---|---|
| SB1325 | HTML |
| 02/18/22 - Introduced | |
| 05/19/22 - Amended Senate | |
| 06/28/22 - Amended Assembly |
| Document | Format |
|---|---|
| 03/17/22- Senate Business, Professions and Economic Development | |
| 03/31/22- Senate Appropriations | |
| 05/19/22- Senate Appropriations | |
| 05/23/22- Sen. Floor Analyses | |
| 06/19/22- Assembly Jobs, Economic Development, and the Economy | |
| 08/01/22- Assembly Appropriations |
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