CAMEO 2015 California Legislative Priorities for Micro-business
- CAMEO is proud and excited to co-sponsor (with Opportunity Fund) SB 197 (Block) – Referral Fees Bill. The bill will increase capital access to underserved communities. It is crucial to California small and microbusinesses, especially underbanked ones, as they may not be learning about and receiving the most appropriate financing available. In essence, the bill would allow CAMEO’s microlenders to pay referral fees to consultants, non-profits (e.g. TA providers) and others who refer successful loans.
- AB-184 (E. Garcia) Small Business Technical Assistance Act of 2015 will establish GoBiz’s Infrastructure and Economic Development Bank as the state liaison with the ‘federal business technical assistance centers’, which include SBDCs, WBCs, VBOCs, SCORE and PTACs. The bill would recognize these federal programs and authorize any state agency to contract with them! The bill would also make it possibly for the California legislature to make appropriations for the centers. Note that appropriations is not the subject of this bill.
- Maintain and reinforce legislative support for programs and services that impact micro-business development organizations, self-employment programs under the California Economic Development Department and within the Workforce system.
- Facilitate partnerships with the California Senate Office of Research to collect information necessary to demonstrate the impact of micro-business development on the California economy.
- Facilitate relationships with state agencies and departments such as California Department of Housing and Community Development to ensure that CDBG funding is administered so that it serves the needs of the micro-business development field and that Microbusiness is recognized as an integral part of local economic development in California.
California Legislative Resources
Read an overview of the California legislative process.
Find out which state agencies fund micro-business development.
CFED released a report – With a Stroke of a Pen: Two Dozen Low-cost, Politically Viable State Policy Ideas to Increase Financial Security and Opportunity in Tough Fiscal Times, which presents 24 low-cost, politically-viable policy ideas to increase financial security and opportunity in fiscal times. Supporting Micro-business development is one of those ideas.