Monday, March 31, 2014

AB 2096 (Muratsuchi) Small Business Access to Capital - Crowd funding - Need Your Support

Last week, I was in Sacramento with SB-Cal Board member Mark Hiraide and SB-Cal's Manager of Governmental Affairs Lori Kammerer.  We met with Anita Lee in Assemblyman Muratsuchi‘s office, Katie O’Malley and Les Spahnn, from the Assembly Banking and Finance Committee, Nancy Pevorini from the Consumer Attorney and Andrew McElhinney in Senator Harkey’s office. We discussed Small Business California-sponsored bill AB 2096 by Assemblyman Muratsuchi.

This bill will make it easier for start-ups and emerging small businesses to obtain crowd funding money while providing much needed protection for investors not currently in the SEC crowd funding provisions.

I am writing to you to ask for your support of this bill and if you are involved in an association to ask the support of your association. Click here to read the fact sheet on the bill.

We just started seeking association support and we currently have the National Federation of Independent Businesses,  the  California Association for Micro Enterprise Opportunity, the California Metal Coalition and the Small Manufacturers Association of California. We expect many more. If you would like to sign onto our association letter or individually support, please let me know and I will send you letters.

Thank you for your consideration and let me know if you have any questions.

Scott Hauge
Small Business California
2311 Taraval Street
San Francisco, CA  94116

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