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.