Economic development: Capital Access Loan Program.
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SB 815 — Economic development: Capital Access Loan Program.
Last action — Returned to Secretary of Senate pursuant to Joint Rule 56.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed Assembly
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5To Executive
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6Enacted
This bill died with 2017-2018 Regular Session. It reached “In Committee” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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
Existing law establishes the Capital Access Loan Program to assist small businesses in financing the costs of complying with environmental mandates and the remediation of contamination on their properties, as specified. Existing law establishes within the program the California Americans with Disabilities Act Small Business Capital Access Loan Program (ADA program) to assist small businesses in financing the costs of projects that alter or retrofit existing small business facilities to comply with the federal Americans with Disabilities Act. Existing law, for the purposes of the ADA program, defines a small business as a business that has less than $1,000,000 in total gross annual income and meets other requirements. Existing law establishes the California Americans with Disabilities Act Small Business Capital Access Program Fund within the State Treasury, and continuously appropriates all money in that fund to the California Pollution Control Financing Authority for purposes of administering the ADA program, as specified. This bill would expand the definition of small business for the purposes of the ADA program to include businesses with less than $5,000,000 in total gross annual income, thereby expanding the types of businesses that qualify for funding under the ADA program. By expanding the authorized uses of moneys in a continuously appropriated fund, the bill would make an appropriation. This bill would declare that it is to take effect immediately as an urgency statute.
Bill Text
What changed in the latest version
1 added · 1 removed1 line(s) added, 1 removed.
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- Introduced 04/06/17 - Introduced Current pdf April 06, 2017
- SB815 View text html
Action History
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Returned to Secretary of Senate pursuant to Joint Rule 56.
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Referred to Com. on B., P. & E.D.
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From printer. May be acted upon on or after May 7.
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Introduced. Read first time. To Com. on RLS. for assignment. To print.
Sponsors
- Professions and Economic Development Committee on Business · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on
Sponsors (1)
- Committee on Business, Professions and Economic Development
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.
Subjects
Frequently asked questions
- What does SB 815 do?
- Existing law establishes the Capital Access Loan Program to assist small businesses in financing the costs of complying with environmental mandates and the remediation of contamination on their properties, as specified. Existing law establishes within the program the California Americans with Disabilities Act Small Business Capital Access Loan Program (ADA program) to assist small businesses in financing the costs of projects that alter or retrofit existing small business facilities to comply with the federal Americans with Disabilities Act. Existing law, for the purposes of the ADA program, defines a small business as a business that has less than $1,000,000 in total gross annual income and meets other requirements. Existing law establishes the California Americans with Disabilities Act Small Business Capital Access Program Fund within the State Treasury, and continuously appropriates all money in that fund to the California Pollution Control Financing Authority for purposes of administering the ADA program, as specified. This bill would expand the definition of small business for the purposes of the ADA program to include businesses with less than $5,000,000 in total gross annual income, thereby expanding the types of businesses that qualify for funding under the ADA program. By expanding the authorized uses of moneys in a continuously appropriated fund, the bill would make an appropriation. This bill would declare that it is to take effect immediately as an urgency statute.
- Who sponsors SB 815?
- SB 815 is sponsored by Committee on Business, Professions and Economic Development.
- What is the current status of SB 815?
- This bill died with 2017-2018 Regular Session. It reached “In Committee” 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 SB 815?
- Track SB 815 free on One Click Politics — get push/email alerts when it moves.
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