Tuesday, May 20, 2014

Crowdfunding Bill Clears the Assembly Floor

As you all know Small Business California has put forth a crowd funding bill that will help small businesses and start-up businesses obtain equity capital. Yesterday, the Assembly passed our bill 75 to 0.

We had no nay votes previously in Banking and Financing and Appropriations. See below from our government affairs manager.

"It now goes to the Senate where it will be harder because AARP will be coming out opposed."

We are however very optimistic. Thank you to all that sent support letters.

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

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