AB 2073, as introduced, Mansoor. Microenterprise.
Existing law encourages every city, county, and city and county to access microenterprise development in order to create new jobs and income opportunities for individuals of low and moderate income. Existing law encourages every city, county, and city and county to include microenterprise development as a part of their economic development strategy. Existing law encourages California communities and public agencies that serve them to promote local partnerships that invest in microenterprise development.
This bill would make technical, nonsubstantive changes to definitions related to those provisions.
Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.
The people of the State of California do enact as follows:
Section 18000 of the Business and Professions
2Code is amended to read:
(a) (1) Forbegin insert theend insert purposes of this part, “microenterprise”
4means a sole proprietorship, partnership, or corporation that meets
5all of the following requirements:
P2 1(A) Has fewer than five employees, including the owner.
2(B) Is part time or full time
end delete3begin insert(B)end insertbegin insert end insertbegin insertHas employees who are part-time or full-timeend insert.
4(C) Generally lacks access to conventional loans, equity, or
5other banking services.
6(2) Microenterprises are distinct from small businesses or
7microbusinesses and include, but are not limited to, businesses
8that provide child development services, businesses that provide
9landscaping services, businesses that provide building maintenance,
10businesses that provide personal and business services, businesses
11that provide specialty food products, and home-based businesses.
12(b) Forbegin insert theend insert purposes of this part, “microenterprise development
13provider” means a nonprofit or public agency that provides
14self-employment training, technical
assistance, and access to
15microloans to individuals seeking to become self-employed or to
16expand their current business.
O
99