Business investments: Small Business Financial Assistance Act of 2013.
It became law on Oct 4, 2013.
- Stage
- Became law
- Started in
- Assembly
- Sponsors
- 3
- Latest action
- Oct 4, 2013
What it does
Existing law, the California Small Business Financial Development Corporation Law, creates the California Small Business Board and the California Small Business Expansion Fund, a continuously appropriated fund which includes General Fund moneys. Existing law authorizes the formation of small business financial development corporations to grant loans from, or guarantee loans made by a financial institution or financial company, as defined, against, moneys awarded to the corporation from the expansion fund for the purpose of stimulating small business development. Existing law authorizes a director designated by the Secretary of Business, Transportation and Housing, the latter office…
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- Jose Medina
- Ben Hueso
- Bocanegra
Where it goes next
Once a bill is decided, the questions are about what is done with it in California.