Bill > AB949

This bill establishes the Small Business Retail Theft Solutions Grant Program within the Office of the Small Business Advocate, which is part of the Governor's Office of Business and Economic Development. The program aims to help small businesses prevent and combat retail theft by providing financial assistance through grants. When funds are appropriated by the Legislature, the office will distribute grants to small businesses to expand their capacity to prevent and recover from retail theft. To ensure the program is effectively implemented, the office will consult with various local, regional, federal, and state public and private entities that share a mission of supporting small businesses in California. This initiative builds upon existing programs like the California Small Business Technical Assistance Program and continues the Office of Small Business Advocate's role of serving as a principal advocate for small businesses by addressing the critical issue of retail theft, which can significantly impact small business operations and financial stability.

Budget and Finance, Education

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB949