BILL ANALYSIS Ó
SENATE COMMITTEE ON APPROPRIATIONS
Senator Ricardo Lara, Chair
2015 - 2016 Regular Session
AB 2900 (Committee on Jobs, Economic Development, and the
Economy) - Small business technical assistance centers
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|Version: May 27, 2016 |Policy Vote: B., P. & E.D. 9 - |
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|Urgency: No |Mandate: No |
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|Hearing Date: August 11, 2016 |Consultant: Robert Ingenito |
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*********** ANALYSIS ADDENDUM - SUSPENSE FILE ***********
The following information is revised to reflect amendments
adopted by the committee on August 11, 2016
Bill
Summary: AB 2900 would, for contracts awarded between September
1, 2017, and December 31, 2021, require a state department that
awards state funds to a federal small business technical
assistance center to report annually on the outcomes of those
contracts.
Fiscal
Impact:
The total fiscal impact of this bill is unknown, but
could exceed $150,000 annually (General Fund and/or special
AB 2900 (Committee on Jobs, Economic Development, and the
Economy) Page 1 of
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funds). Administrative costs would likely total in the low
tens of thousands of dollars per contract for agencies to
report outcomes of state funds provided to federal small
business technical assistance centers. Actual costs would
depend on the existing ability of these federal centers to
track data.
The Governor's Office of Business and Economic
Development (GO-Biz) indicates that the reporting
requirements included in the proposed amendments would be
minor and absorbable. According to GO-Biz, information
identifying the primary location of facilities is available
in the full awardee list and small businesses are listed in
meeting agenda's which are posted online.
Author
Amendments: Narrow the bill's reporting requirements and create
three additional disclosure requirements for the California
Competes Tax Credit Program (Program) under GO-Biz.
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