ACR76 - California Small Business Month.

Assembly Concurrent Resolution No. 76 CHAPTER 101 Relative to California Small Business Month. [ Filed with Secretary of State June 25, 2025. ] LEGISLATIVE COUNSEL'S DIGEST ACR 76, Solache. California Small Business Month. This measure would declare May as California Small Business Month. Digest Key Fiscal Committee: NO Bill Text WHEREAS, California is home to more than 4,100,000 small businesses, representing over 99 percent of all businesses in the state, and serving as the foundation of the world’s fourth largest economy; and WHEREAS, Small businesses in California employ approximately 7,500,000 workers, nearly one-half of the state’s private workforce, driving innovation, creating jobs, and serving as vital pillars of local communities; and WHEREAS, California’s dynamic and competitive economic environment, coupled with a robust regulatory framework focused on sustainability, equity, and consumer protection, positions small businesses to thrive in a forward-looking, innovation-led economy; and WHEREAS, Small businesses in California have demonstrated exceptional resilience and adaptability, successfully navigating one of the most competitive landscapes in the nation, while continuing to lead in sectors such as clean energy, biotechnology, food innovation, and digital commerce; and WHEREAS, The resilience and adaptability of small businesses have been demonstrated through their recovery efforts following the COVID-19 pandemic, natural disasters, and recent devastating wildfires, with many pivoting to meet new consumer needs and contributing to the state’s economic rebound; and WHEREAS, Minority-owned small businesses contribute more than $414 billion annually to the state’s economy, supporting over 3,600,000 jobs and generating over $50 billion in tax revenue, including $24.5 billion for state and local tax receipts, providing revenue that helps fund essential services such as education, infrastructure, and housing; and WHEREAS, Small businesses play a crucial role in addressing affordability issues in California by creating local jobs, offering community-based services, reducing commute times, and contributing to more equitable economic development; and WHEREAS, Forty-seven percent of California’s small businesses are owned by individuals from diverse racial and ethnic backgrounds, reinforcing the state’s commitment to inclusive economic opportunity; now, therefore, be it Resolved by the Assembly of the State of California, the Senate thereof concurring, That the Legislature declares May as California Small Business Month, in celebration of the contributions small businesses make to our economy, culture, and communities; and be it further Resolved, That the Chief Clerk of the Assembly transmit copies of this resolution to the author for appropriate distribution.