BILL ANALYSIS                                                                                                                                                                                                    �



                                                                      



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          |SENATE RULES COMMITTEE            |                   ACR 59|
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                                 THIRD READING


          Bill No:  ACR 59
          Author:   Atkins (D)
          Amended:  5/26/11 in Assembly
          Vote:     21

           
           ASSEMBLY FLOOR  :  Read and adopted, 5/26/11


           SUBJECT  :    Buy California Small Business First Month

           SOURCE  :     Author


           DIGEST  :    This resolution proclaims May 2011 as Buy 
          California Small Business First Month to raise awareness 
          that when California consumers, businesses, colleges, 
          universities, and governmental agencies choose California 
          small businesses when making purchases, positive economic 
          impacts occur within state and local economies. 

           ANALYSIS  :    This resolution makes the following 
          legislative findings:

          1. California's small businesses are critical to the 
             current economic health of this state because small 
             businesses produce more than one-half of California's 
             gross domestic product. 

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

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

           FISCAL EFFECT  :    Fiscal Com.:  No



          JJA:kc  5/31/11   Senate Floor Analyses 

                       SUPPORT/OPPOSITION:  NONE RECEIVED

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