Office of Small Business Advocate: one-stop capital shop online platform.
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AB 2376 — Office of Small Business Advocate: one-stop capital shop online platform.
Last action — In committee: Held under submission.
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 Assembly
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 2021-2022 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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, the Economic Revitalization Act, establishes the Governor's Office of Business and Economic Development, also known as "GO-Biz," in state government within the Governor's office under the control of a director. The act requires GO-Biz to serve as the Governor's lead entity for economic strategy and the marketing of California on issues relating to business development, private sector investment, and economic growth. Existing law creates the Office of Small Business Advocate (the office) within GO-Biz to be led by the Small Business Advocate, who is appointed by, and serves at the pleasure of, the Governor. Existing law requires the Small Business Advocate to, among other things, counsel small businesses on how to resolve questions and problems concerning the relationship of small business to state government. Existing law requires the Small Business Advocate to prepare and submit a written annual report to the Governor and to the Legislature that describes the activities and recommendations of the office regarding small business development, as prescribed. This bill would enact the One-Stop Capital Shop Act of 2022, to require the office to serve as the lead state government entity for helping California small businesses become finance-ready relative to state programs utilizing certain federal funds. The bill would also require the office, on or before July 1, 2023, to launch a "one-stop capital shop" online platform to assist small businesses in accessing safe funding opportunities and to reduce barriers in access to affordable capital. The bill would require the one-stop capital shop platform to include certain elements, including a small business loan marketplace that allows small businesses and technical and financial assistance providers to access information on public and private loan products and credit enhancement opportunities. The bill would also require the office to include a summary of the activities it has undertaken pursuant to the bill in the report to the Legislature and the Governor described above.
Bill Text
- Amended 05/02/22 - Amended Assembly Current pdf May 02, 2022
- Amended 03/17/22 - Amended Assembly pdf March 17, 2022
- Introduced 02/17/22 - Introduced pdf February 17, 2022
- AB2376 View text html
Action History
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In committee: Held under submission.
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Joint Rule 62(a), file notice suspended. (Page 4736.)
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In committee: Set, first hearing. Referred to suspense file.
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In committee: Hearing postponed by committee.
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Re-referred to Com. on APPR.
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Read second time and amended.
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From committee: Amend, and do pass as amended and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 6. Noes 0.) (April 26).
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Re-referred to Com. on J.,E.D., & E.
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From committee chair, with author's amendments: Amend, and re-refer to Com. on J.,E.D., & E. Read second time and amended.
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Referred to Com. on J.,E.D., & E.
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From printer. May be heard in committee March 20.
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Read first time. To print.
Sponsors
- Cottie Petrie-Norris · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on
Sponsors (1)
- Petrie-Norris, Cottie Democratic
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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 2 | 0 | 0 | 0 |
| Democratic | 3 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 6 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (6)
| Member | Party | Vote |
|---|---|---|
| Smith | — | Yea |
| Villapudua | — | Yea |
| Cervantes, Sabrina | Democratic | Yea |
| Petrie-Norris, Cottie | Democratic | Yea |
| Ramos, James C. | Democratic | Yea |
| Choi, Steven S. | Republican | Yea |
Subjects
Frequently asked questions
- What does AB 2376 do?
- Existing law, the Economic Revitalization Act, establishes the Governor's Office of Business and Economic Development, also known as "GO-Biz," in state government within the Governor's office under the control of a director. The act requires GO-Biz to serve as the Governor's lead entity for economic strategy and the marketing of California on issues relating to business development, private sector investment, and economic growth. Existing law creates the Office of Small Business Advocate (the office) within GO-Biz to be led by the Small Business Advocate, who is appointed by, and serves at the pleasure of, the Governor. Existing law requires the Small Business Advocate to, among other things, counsel small businesses on how to resolve questions and problems concerning the relationship of small business to state government. Existing law requires the Small Business Advocate to prepare and submit a written annual report to the Governor and to the Legislature that describes the activities and recommendations of the office regarding small business development, as prescribed. This bill would enact the One-Stop Capital Shop Act of 2022, to require the office to serve as the lead state government entity for helping California small businesses become finance-ready relative to state programs utilizing certain federal funds. The bill would also require the office, on or before July 1, 2023, to launch a "one-stop capital shop" online platform to assist small businesses in accessing safe funding opportunities and to reduce barriers in access to affordable capital. The bill would require the one-stop capital shop platform to include certain elements, including a small business loan marketplace that allows small businesses and technical and financial assistance providers to access information on public and private loan products and credit enhancement opportunities. The bill would also require the office to include a summary of the activities it has undertaken pursuant to the bill in the report to the Legislature and the Governor described above.
- Who sponsors AB 2376?
- AB 2376 is sponsored by Petrie-Norris, Cottie (Democratic).
- What is the current status of AB 2376?
- This bill died with 2021-2022 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 AB 2376?
- Track AB 2376 free on One Click Politics — get push/email alerts when it moves.
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