AB 265

  • California Assembly Bill
  • 2025-2026 Regular Session
  • Introduced in Assembly
  • Passed Assembly Jun 02, 2025
  • Passed Senate Sep 11, 2025
  • Governor

Small Business Recovery Fund Act.

Abstract

Existing law establishes the Office of Small Business Advocate (OSBA) within the Governor's Office of Business and Economic Development, also known as GO-Biz, to advocate for causes of small business and to provide small businesses with the information they need to survive in the marketplace. This bill, upon appropriation by the Legislature, would require OSBA to allocate 90% of the moneys appropriated to the Small Business Recovery Fund, which would be created within the State Treasury, for purposes of a small business recovery grant program to provide competitive grants to small businesses, as defined, that are directly impacted by a state of emergency proclaimed by the Governor or other specified emergencies. The bill would require the funds to be used for, among other things, to support recovery and rebuilding efforts, and would require a grantee to match the amount of the grant awarded. The bill would require OSBA to award grants in amounts that range from $2,500 to $100,000, inclusive. This bill would require OSBA to allocate 5% of the moneys appropriated to the fund to the Small Business Technical Assistance Program administered by GO-Biz, for grants to small business technical assistance centers that provide direct service to disaster-affected areas, and 5% to the Capital Infusion Program administered by GO-Biz, to support increased demand for capital-related technical assistance in disaster areas. This bill would require the Director of the Office of Small Business Advocate to prepare and submit a report to the Legislature on the results of grant funds awarded for each state of emergency proclaimed by the Governor, as provided. This bill would repeal the Small Business Recovery Fund Act on January 1, 2032.

Bill Sponsors (10)

Votes


Actions


Oct 11, 2025

Assembly

Consideration of Governor's veto pending.

Assembly

Vetoed by Governor.

Sep 24, 2025

California State Legislature

Enrolled and presented to the Governor at 3 p.m.

Sep 12, 2025

Assembly

Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 80. Noes 0. Page 3370.).

Assembly

In Assembly. Concurrence in Senate amendments pending.

Sep 11, 2025

Senate

Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2930.).

Sep 09, 2025

Senate

Ordered to special consent calendar.

Sep 02, 2025

Senate

Read second time. Ordered to third reading.

Aug 29, 2025

Senate

From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (August 29).

Senate

Read second time and amended. Ordered returned to second reading.

Aug 18, 2025

Senate

In committee: Referred to suspense file.

  • Referral-Committee
suspense file.

Jul 07, 2025

Senate

From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (July 7). Re-referred to Com. on APPR.

  • Committee-Passage
  • Committee-Passage-Favorable
  • Referral-Committee
Com. on APPR.

Jun 26, 2025

Senate

From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. P. & E.D.

  • Amendment-Introduction
  • Amendment-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on B. P. & E.D.

Jun 11, 2025

Senate

Referred to Com. on B. P. & E.D.

  • Referral-Committee
Com. on B. P. & E.D.

Jun 03, 2025

Senate

In Senate. Read first time. To Com. on RLS. for assignment.

Jun 02, 2025

Assembly

Read third time. Passed. Ordered to the Senate. (Ayes 79. Noes 0. Page 1899.)

May 27, 2025

Assembly

Read second time. Ordered to third reading.

May 23, 2025

Assembly

Read second time and amended. Ordered returned to second reading.

Assembly

From committee: Amend, and do pass as amended. (Ayes 11. Noes 0.) (May 23).

Assembly

Assembly Rule 63 suspended. (Ayes 51. Noes 16. Page 1644.)

May 07, 2025

Assembly

In committee: Set, first hearing. Referred to APPR. suspense file.

  • Referral-Committee
APPR. suspense file. APPR

Apr 22, 2025

Assembly

Coauthors revised.

Assembly

From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (April 22). Re-referred to Com. on APPR.

  • Committee-Passage
  • Committee-Passage-Favorable
  • Referral-Committee
Com. on APPR.

Assembly

Re-referred to Com. on E.D., G., & H.I.

  • Referral-Committee
Com. on E.D., G., & H.I.

Apr 21, 2025

Assembly

From committee chair, with author's amendments: Amend, and re-refer to Com. on E.D., G., & H.I. Read second time and amended.

Feb 10, 2025

Assembly

Referred to Com. on E.D., G., & H.I.

  • Referral-Committee
Com. on E.D., G., & H.I.

Jan 18, 2025

Assembly

From printer. May be heard in committee February 17.

Jan 17, 2025

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB265 HTML
01/17/25 - Introduced PDF
04/21/25 - Amended Assembly PDF
05/23/25 - Amended Assembly PDF
06/26/25 - Amended Senate PDF
08/29/25 - Amended Senate PDF
09/16/25 - Enrolled PDF

Related Documents

Document Format
04/21/25- Assembly Economic Development, Growth, and Household Impact PDF
05/05/25- Assembly Appropriations PDF
05/28/25- ASSEMBLY FLOOR ANALYSIS PDF
07/03/25- Senate Business, Professions and Economic Development PDF
08/15/25- Senate Appropriations PDF
08/29/25- Senate Appropriations PDF
09/09/25- Sen. Floor Analyses PDF
09/12/25- ASSEMBLY FLOOR ANALYSIS PDF
10/23/25- ASSEMBLY FLOOR ANALYSIS PDF

Sources

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