BILL ANALYSIS                                                                                                                                                                                                    



                                                                       



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                                 THIRD READING


          Bill No:  ACR 101
          Author:   Furutani (D), et al
          Amended:  4/29/10 in Assembly
          Vote:     21

           
           ASSEMBLY FLOOR  :  Read and adopted, 4/29/10


           SUBJECT  :    Buy California Small Business First Month

           SOURCE  :     Author


           DIGEST  :    This resolution proclaims May 2010 as Buy  
          California Small Business First Month to raise awareness  
          that when California consumer, businesses, colleges,  
          universities, and governmental agencies choose to first  
          support California small businesses when making purchasing  
          decisions, a wave of positive economic impacts occurs  
          within the state and local economies.  

           ANALYSIS  :    

          This resolution makes the following Legislative findings:

          1. California's small businesses are integral to a sound  
             economic foundation of this state because small  
             businesses provide a majority of all private sector jobs  
             and constantly create new employment opportunities for  
             Californians. 

          2. A 2009 study conducted at California State University,  
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             Sacramento, concluded that state contracting with small  
             businesses in California resulted in more money being  
             distributed within the state economy than contracting  
             with larger businesses. 

          3. When consumers, businesses, colleges, universities, and  
             governmental agencies buy from California small  
             businesses, a wave of positive economic impacts occurs,  
             from supporting the employment of people in the  
             immediate community, to encouraging local entrepreneurs,  
             to generating tax revenues from local sales and personal  
             incomes. 

          This resolution proclaims May 2010 as Buy California Small  
          Business First Month to raise awareness that when  
          California consumer, businesses, colleges, universities,  
          and governmental agencies choose to first support  
          California small businesses when making purchasing  
          decisions, a wave of positive economic impacts occurs  
          within the state and local economies.

           FISCAL EFFECT  :    Fiscal Com.:  No

           SUPPORT  :   (Verified  5/11/10)

          Carson Chamber of Commerce
          CLASIAN Chamber of Commerce
          Long Beach Area Chamber of Commerce
          Small Business Association
          South Bay Association of Chamber of Commerce
          Wilmington Chamber of Commerce


          JJA:do  5/11/10   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

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