SACRAMENTO - Assemblymember Cheryl R. Brown (D-San Bernardino) introduced her first bill of the legislative session last week, AB 285, which will expand the definition of a microenterprise. This bill is necessary to enhance the technical services available to small businesses in California.
Microenterprises are business that are started for less than $35,000 and lack access to traditional loans and capital. California has three million microenterprises that employ over four million people. AB 285 will provide microenterprises with increased resources to help them grow.
“I’m pleased to introduce my first bill, AB 285, a bill to support small business growth and job creation in our state. AB 285 will improve the quality of life for residents in the 47th District by promoting small business growth, which will translate to job creation within some of our district’s highest unemployment areas,” said Assemblymember Brown, “Small businesses are so important because they provide a majority of jobs and it is vital for our economy that we continue to push policies that assist in their growth. Passing this legislation will be my top priority.”
Under current law, a microenterprise is classified as a business with four or fewer employees including the business owner. AB 285 will allow for a firm to employ five employees including the business owner. Additionally, this bill will allow local workforce investment boards to provide entrepreneurial training programs and specialized assistance to microenterprises.
The bill was introduced and has been moved to the Assembly Rules Committee for assignment to the appropriate policy committee.
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