Legislation authored by Assemblymember Chris Holden, who represents Monrovia, has been approved by the legislature and now goes to the governor for his signature.
Assembly Bill 201 requires the State Office of Small Business Advocate to include on its website information on the Small Business Loan Guarantee program's loan guarantees, direct lending, surety bond guarantees, and disaster loans.
Comment: Well, good, but REALLY? It requires an act of the State Assembly and of the State Senate and the signature of the governor just to get a state agency to post relevant consumer information on its website??! This does not inspire confidence.
Source: Holden press release
- Brad Haugaard
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