BILL ANALYSIS ------------------------------------------------------------ |SENATE RULES COMMITTEE | SCR 41| |Office of Senate Floor Analyses | | |1020 N Street, Suite 524 | | |(916) 651-1520 Fax: (916) | | |327-4478 | | ------------------------------------------------------------ THIRD READING Bill No: SCR 41 Author: Yee (D) Amended: As introduced Vote: 21 WITHOUT REFERENCE TO COMMITTEE OR FILE SUBJECT : California Microenterprise Development Month SOURCE : California Association for Microenterprise Opportunity DIGEST : This resolution designates July 2009, and July of every year thereafter as Microenterprise Development Month. ANALYSIS : This resolution states the following: 1. Microenterprises are small business with fewer than five employees, and comprise over 19 percent of California's employment, providing jobs for 3,305,272 people Microenterprises produce jobs through all economic cycles, accounting for 77 percent of all new employment growth in the state from 2000 to 2003, inclusive, while larger employers lost 444,000 jobs. 2. Women entrepreneurs make up 78 percent of those benefiting from microenterprise development. CONTINUED SCR 41 Page 2 3. Microenterprise development is an essential component of every community hoping to inspire and promote entrepreneurship. California communities can stimulate the growth and successful entrepreneurship by fostering microenterprise development and by working together to promote outreach, advocacy, and education encouraging the growth of microenterprise and microentrepreneurship opportunities for California. This resolution designates July 2009, and July of every year thereafter as Microenterprise Development Month. FISCAL EFFECT : Fiscal Com.: No SUPPORT : (Verified 5/8/09) California Association for Microenterprise Opportunity (source) Women's Initiative For Self Employment JJA:do 5/11/09 Senate Floor Analyses SUPPORT/OPPOSITION: SEE ABOVE **** END ****