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ACR-80 California Small Business Month.(2023-2024)

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Assembly Concurrent Resolution No. 80
CHAPTER 166

Relative to Small Business Month.

[ Filed with Secretary of State  September 14, 2023. ]

LEGISLATIVE COUNSEL'S DIGEST


ACR 80, Villapudua. California Small Business Month.
This measure would declare May as California Small Business Month and express the Legislature’s support of the Governor’s efforts in promoting small businesses.
Fiscal Committee: NO  

WHEREAS, California is home to the most innovative and competitive firms in the world, placing the state consistently among the top 10 economies; and
WHEREAS, Small businesses embody the entrepreneurial spirit that has driven the economy of our state where over one-half of our private sector workforce is employed by small businesses; and
WHEREAS, In 2022, there were over 4,000,000 small businesses in this state, representing an overwhelming share of California’s workforce by employing more than 7,000,000 people; and
WHEREAS, The 73,500 small firms that exported goods from California generated 43.2 percent of the state’s $152.1 billion in total exports; and
WHEREAS, On a national basis, the 30,000,000 small businesses are responsible for creating nearly two out of three new jobs; and
WHEREAS, Small businesses are critical to the economic well-being of this state by creating new businesses and employment opportunities and by bringing new and innovative services and products to the marketplace; and
WHEREAS, Within the small business community, a growing number of these companies are being started and owned by women, people of color, and immigrants. In 2022, it was estimated that 1,600,000 small businesses were minority owned; and
WHEREAS, The Legislature reaffirms our commitment to California’s small businesses to thrive and prosper and that supporting small-scale private sector job creators is among our most promising strategies to enhance California’s human capital, expand job opportunities, and increase our competitive advantage in the global marketplace; now, therefore, be it
Resolved by the Assembly of the State of California, the Senate thereof concurring, That the Legislature in recognition of the importance of small businesses to the economy of this state declares May as California Small Business Month; and be it further
Resolved, That the Legislature adds its support to the Governor’s efforts in promoting small businesses.