Yesterday I noted that Monrovia's new Assembly Member, Chris Holden, had introduced a bill on his first day in office ( http://goo.gl/q06gQ ), but from the press release I wasn't quite sure what Assembly Bill 9 does, so today I looked it up and basically it says the legislature wants to pass laws to promote jobs and the economy. Here it is in its entirety:
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:Source: http://goo.gl/WgVaa
SECTION 1. The Legislature finds and declares all of the following:
(a) California workers and businesses are currently facing some of the harshest economic conditions since the Great Depression.
(b) Unemployment in California remains in the double digits after the mortgage crisis and the subsequent economic collapse.
(c) It is estimated that over 2.5 million Californians have lost jobs during this recession and bankruptcies among small businesses have been nearly double the national average.
SEC. 2. It is the intent of the Legislature to enact legislation that promotes job and business growth and encourages economic development.
- Brad Haugaard
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