BILL ANALYSIS Ó ACR 58 Page 1 Date of Hearing: July 1, 2013 ASSEMBLY COMMITTEE ON RULES Nancy Skinner, Chair ACR 58 (Gaines) - As Introduced: May 2, 2013 SUBJECT : California Business Women's Day. SUMMARY : Designates September 22, 2013, and September 22, 2014, as "California Business Women's Day" and, encourages Californians to celebrate the occasion with appropriate activities. Specifically, this resolution makes the following legislative findings: 1)There are approximately 1 million women-owned businesses in California constituting 48.6 percent of all privately held business in California; and, women-owned businesses in California employ approximately 2.9 million people and generate approximately $406 billion in revenue. 2)Minority women-owned businesses comprise 35 percent of all women-owned businesses in California; and, California ranks first in the nation with the greatest number of Hispanic, Asian, and Pacific Islander women-owned businesses, and fourth for the greatest number of African American women-owned businesses. 3)September 22 marks the founding date in 1949 of the American Business Women's Association (ABWA); and, ABWA's mission is "to bring together businesswomen of diverse occupations and to provide opportunities for them to help themselves and others grow personally and professionally through leadership, education, networking support and national recognition". FISCAL EFFECT : None REGISTERED SUPPORT / OPPOSITION : Support None on file Opposition None on file ACR 58 Page 2 Analysis Prepared by : Nicole Willis / RLS. / (916) 319-2800