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Assembly Speeds Along Money to Reduce Business Filing Backlog

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(Sacramento, CA)
Monday, March 18, 2013

It's not often you find business and manufacturing groups standing with Democratic lawmakers, as they did at a news conference after the bill's passage.  But it seems just about everyone can agree that - even with the state's tight finances - California can find a couple million dollars to ease a processing period that's six times that of most other states.

"It isn't just startup businesses here we're looking at," says Allan Zaremberg with the California Chamber of Commerce.  "People who need to file to be an LLC, to expand."

Assembly Speaker John Pérez says the goal is to reach a five-day turnaround time by November.  Senate Republican Leader Bob Huff says he applauds the speaker's efforts - but it'll take a lot more than this to get Californians back to work.

The bill now goes to the Senate.  If signed by the governor, it would take effect immediately.

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