BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2717
                                                                  Page  1

          Date of Hearing:   May 7, 2014

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                  Mike Gatto, Chair

              AB 2717 (Bonta and Skinner) - As Amended:  April 23, 2014 

          Policy Committee:                              JEDE Vote:6-0

          Urgency:     Yes                  State Mandated Local Program:  
          No     Reimbursable:              No

           SUMMARY  

          This bill appropriates $6 million from the General Fund to the  
          California Economic Development Fund for the purpose of  
          providing a cash match for the administrative lead centers that  
          have contracts with the U.S. Small Business Administration (SBA)  
          to administer the regional networks of Small Business  
          Development Centers (SBDCs).  An administrative lead center is  
          required to provide written confirmation that state funds will  
          be matched by the federal SBA.  Implementation of this measure  
          is contingent upon enactment of AB 2670 (Medina), which sets  
          forth reporting and other requirements related to operation of  
          SBDCs in California.

           FISCAL EFFECT  

          Appropriates $6 million GF to the California Economic  
          Development Fund to provide a cash match for SBDCs. 

           COMMENTS  

           1)Purpose.   This bill appropriates funds to assist  
            administrative lead centers in California with matching funds  
            required under the federal SBDC program.  According to the  
            author, without such assistance, it is unlikely that  
            California SBDCs will have the necessary match to draw down  
            all available federal funds.  Unused moneys from one state are  
            reallocated to other states.



           2)Background  .  The SBDC program is administered by the federal  
            SBA.  The SBDCs assist small businesses with financing,  








                                                                  AB 2717
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            government contracting, business planning and management,  
            marketing, international trade, energy efficiency and  
            sustainability, disaster preparedness, and other business  
            issues.  In California, SBDCs are administered through a  
            partnership between the California State Universities at  
            Chico, Humboldt, and Fullerton; the University of California  
            at Merced; Long Beach City College; and Southwestern Community  
            College.  



            Historically, California provided matching funds for the SBDC  
            program, from the mid-1980s through 2003.  Since the demise of  
            the Technology, Trade and Commerce Agency in 2003, California  
            has not consistently provided matching funds.  In 2010, the  
            budget included $6 million for this purpose.  

             

            This bill appropriates funding to the California Economic  
            Development Fund.  This fund was created by AB 2012 (John A.  
            Perez), Chapter 294, Statutes of 2012 as part of the larger  
            reorganization that shifted a number of programs and services  
            from the Business, Transportation and Housing (BTH) Agency to  
            the Governor's Office of Business and Economic Development  
            (GO-Biz), including the California Economic Development Fund. 



            The California Economic Development Fund receives federal,  
            state, local and private economic development funds, and  
            repayment of loans or grant proceeds and interest on those  
            loans and grants.  Existing law provides that upon  
            appropriation by the Legislature, moneys in the Fund may be  
            expended by the GO-Biz to provide matching funds for loans or  
            grants to public agencies, nonprofit organizations, and  
            private entities, and for other economic development purposes,  
            consistent with the purposes for which moneys were received. 



           3)Related legislation  . AB 2670 (Medina), pending in this  
            committee, designates GO-Biz as the lead state entity for  
            facilitating relationships with the SBDCs in California and  
            codifies the existence and role of the SBDCs in providing  








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            technical assistance to small businesses throughout the state.  
             


           Analysis Prepared by  :    Misty Feusahrens / APPR. / (916)  
          319-2081