California 2013-2014 Regular Session Status: Passed Assembly

AB 780 — Small business financial development corporations.

Last action — From Senate committee without further action.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2013-2014 Regular Session. It reached “Passed Assembly” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

The California Small Business Financial Development Corporation Law authorizes the formation of small business financial development corporations to grant loans or loan guarantees for the purpose of stimulating small business development. These provisions, including the small Business Loan Guarantee Programs are administered by an executive director, who is appointed by the Secretary of the Business, Transportation and Housing Agency. Commencing July 1, 2013, the duties of the agency with respect to these provisions became vested in the Governor's Office of Business and Economic Development. This bill would appropriate $2,000,000 from the General Fund to the Governor's Office of Business and Economic Development, and would require the Executive Director of the Small Business Loan Guarantee Program to distribute these funds to the financial development corporations, as specified, for their ongoing administrative operations.

Bill Text

Action History

  1. From Senate committee without further action.

  2. In committee: Held under submission.

  3. In committee: Placed on APPR. suspense file.

  4. From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR.

  5. In committee: Set, first hearing. Hearing canceled at the request of author.

  6. Read second time and amended. Re-referred to Com. on APPR.

  7. From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (July 1).

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

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

  10. Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 1842.)

  11. Read second time. Ordered to third reading.

  12. From committee: Do pass. (Ayes 16. Noes 0.) (May 24).

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

  14. From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (April 23). Re-referred to Com. on APPR.

  15. Referred to Com. on J., E.D., & E.

  16. From printer. May be heard in committee March 24.

  17. Read first time. To print.

Sponsors

  • Bocanegra · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

  • Bocanegra

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

AB 780 BOCANEGRA Assembly Third Reading

Passed 76 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 65003
Democratic 7000
Republican 4000
Total 76003
% of votes cast 96%0%0%4%
How each member voted (79)
Member Party Vote
Achadjian — Yea
Alejo — Yea
Bloom — Yea
Blumenfield — Yea
Bradford — Yea
Brown — Yea
Buchanan — Yea
Maienschein — Yea
Mansoor — Yea
Olsen — Yea
Perea — Yea
Skinner — Yea
Ting — Yea
Weber — Yea
Williams — Yea
Campos — Yea
Frazier — Yea
Gatto — Yea
Stone — Yea
Gonzalez — Yea
Lowenthal — Yea
Gordon — Yea
Gray — Yea
Atkins — Yea
Hagman — Yea
Mitchell — Yea
Chávez — Yea
Bonilla — Yea
Harkey — Yea
Jones-Sawyer — Yea
Linder — Yea
Logue — Yea
Medina — Yea
Melendez — Yea
Bocanegra — Yea
Morrell — Yea
John A. Pérez — Yea
Mullin — Yea
Ammiano — Yea
Bigelow — Yea
Cooley — Yea
Daly — Yea
Dickinson — Yea
Eggman — Yea
Nazarian — Yea
Pan — Yea
Quirk — Yea
Rendon — Yea
Wagner — Yea
Waldron — Yea
Wieckowski — Yea
Wilk — Yea
Salas — Yea
Chau — Yea
Chesbro — Yea
Holden — Not Voting
Conway — Yea
Donnelly — Not Voting
Levine — Not Voting
Nestande — Yea
Fox — Yea
Yamada — Yea
Gomez — Yea
Gorell — Yea
Hall — Yea
Beth Gaines — Yea
Roger Hernández — Yea
V. Manuel Pérez — Yea
Allen, Benjamin Democratic Yea
Bonta, Mia Democratic Yea
Calderon, Lisa Democratic Yea
Fong, Mike Democratic Yea
Garcia, Robert Democratic Yea
Muratsuchi, Al Democratic Yea
Quirk-Silva, Sharon Democratic Yea
Dahle, Megan Republican Yea
Grove, Shannon Republican Yea
Jones, Brian W. Republican Yea
Patterson, Joe Republican Yea

Official roll call →

Do pass.

Passed 16 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 15001
Democratic 1000
Total 16001
% of votes cast 94%0%0%6%
How each member voted (17)
Member Party Vote
Ammiano — Yea
Bigelow — Yea
Bradford — Yea
Linder — Yea
Weber — Yea
Gomez — Yea
Hall — Yea
Harkey — Yea
Bocanegra — Yea
Campos — Yea
Pan — Yea
Donnelly — Not Voting
Eggman — Yea
Quirk — Yea
Wagner — Yea
Gatto — Yea
Calderon, Lisa Democratic Yea

Official roll call →

Subjects

finance labor
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Frequently asked questions

What does AB 780 do?
The California Small Business Financial Development Corporation Law authorizes the formation of small business financial development corporations to grant loans or loan guarantees for the purpose of stimulating small business development. These provisions, including the small Business Loan Guarantee Programs are administered by an executive director, who is appointed by the Secretary of the Business, Transportation and Housing Agency. Commencing July 1, 2013, the duties of the agency with respect to these provisions became vested in the Governor's Office of Business and Economic Development. This bill would appropriate $2,000,000 from the General Fund to the Governor's Office of Business and Economic Development, and would require the Executive Director of the Small Business Loan Guarantee Program to distribute these funds to the financial development corporations, as specified, for their ongoing administrative operations.
Who sponsors AB 780?
AB 780 is sponsored by Bocanegra.
What is the current status of AB 780?
This bill died with 2013-2014 Regular Session. It reached “Passed Assembly” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 780?
Track AB 780 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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