The California Chamber of Commerce, or CalChamber, announced this week that Senate Bill 601, by Sen. Mike Morrell, R-Rancho Cucamonga, is one of its top priority 2019 “Job Creator” bills.
SB 601 would help local economies recover after a federal or state-declared disaster by allowing state agencies anzqd departments to waive or reduce fees for businesses or entrepreneurs having to replace licenses within one year following their displacement.
“It is critical to get businesses up and running as soon as possible after a disaster,” said Morrell. “Rebuilding lives includes both homes and livelihoods. As those costs increase, SB 601 aims to provide financial relief from government fees that business owners have already paid. It would be one less hurdle they have to overcome as they work toward once again becoming economic engines in their communities.”
According to the nonpartisan Institute for Justice, California is among the most onerously regulated economies in the nation. The average amount spent on licensing fees in California is $486 and many occupations require a physically displayed license in the workplace.
SB 601 is sponsored by the R Street Institute, a nonpartisan policy research nonprofit.
In addition to CalChamber, the bill is also supported by the Rebuild Paradise Foundation, the California Board of Accountancy, and the Southwest California Legislative Council.
The bill has unanimously passed the Senate Committee on Governmental Organization as well as the Senate Committee on Business, Professions, and Economic Development. It is currently awaiting consideration by the Senate Committee on Appropriations.