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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.
Introduced
Jan 17, 2025
Last Action
Jan 22, 2026
Session
CA 20252026
Sponsors
1 primary · 9 co
Consideration of Governor's veto stricken from file.
Consideration of Governor's veto pending.
Vetoed by Governor.
Enrolled and presented to the Governor at 3 p.m.
In Assembly. Concurrence in Senate amendments pending.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 80. Noes 0. Page 3370.).
Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2930.).
Ordered to special consent calendar.
Read second time. Ordered to third reading.
From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (August 29).
Read second time and amended. Ordered returned to second reading.
In committee: Referred to suspense file.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (July 7). Re-referred to Com. on APPR.
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.
Referred to Com. on B. P. & E.D.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 79. Noes 0. Page 1899.)
Read second time. Ordered to third reading.
Assembly Rule 63 suspended. (Ayes 51. Noes 16. Page 1644.)
Read second time and amended. Ordered returned to second reading.
From committee: Amend, and do pass as amended. (Ayes 11. Noes 0.) (May 23).
In committee: Set, first hearing. Referred to APPR. suspense file.
Re-referred to Com. on E.D., G., & H.I.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (April 22). Re-referred to Com. on APPR.
Coauthors revised.
From committee chair, with author's amendments: Amend, and re-refer to Com. on E.D., G., & H.I. Read second time and amended.
Referred to Com. on E.D., G., & H.I.
From printer. May be heard in committee February 17.
Read first time. To print.