Final Status Report on Major Business Bills
The following list summarizes the final status of California Chamber of Commerce priority bills that were sent to the Governor this year.
The CalChamber will publish a record of legislators’ votes on key bills affecting the California business climate on November 5. Generally, the bills selected for the vote record have appeared in one of the status reports.
Bills signed by the Governor will become law on January 1, 2022. Urgency, tax and budget-related measures go into effect immediately upon being signed. In those cases, the date the Governor signed the bill is noted.
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New Mandate. AB 1177 (Santiago; D-Los Angeles) Burdens businesses with another unnecessary regulation that requires them to provide direct payroll deposit to the BankCal in addition to any other direct payroll program with commercial institutions or even if they do not provide direct deposit at all. Also exposes employers to steep penalties and Private Attorneys General Act litigation for any mistake. Opposition removed after August 26, 2021 amendments turned bill into a feasibility study. Neutral.
Signed—Chapter 451
Crowdfunding. AB 511 (Muratsuchi; D-Torrance) Allows start-up and emerging small businesses to help find investors to help capitalize them while providing greater protections for investors participating in crowdfunding. Support.
Signed—Chapter 617