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Measure ACR 114
Authors Pacheco  
Principle Coauthors: Rubio  
Subject Women’s Small Business Month.
Relating To
Title Relative to Women’s Small Business Month.
Last Action Dt 2025-09-23
State Chaptered
Status Chaptered
Active? Y
Vote Required None
Appropriation None
Fiscal Committee No
Local Program None
Substantive Changes None
Urgency None
Tax Levy None
Leginfo Link Bill
Actions
2025-09-23     Enrolled and filed with the Secretary of State at 11 a.m.
2025-09-23     Chaptered by Secretary of State - Res. Chapter 196, Statutes of 2025.
2025-09-12     In Assembly. Ordered to Engrossing and Enrolling.
2025-09-11     Adopted and to Assembly. (Ayes 40. Noes 0. Page 2929.)
2025-09-09     Ordered to special consent calendar.
2025-08-27     From committee: Ordered to third reading.
2025-08-25     Adopted and to Senate. (Page 2730.)
2025-08-25     In Senate. To Com. on RLS.
2025-08-21     From printer.
2025-08-21     Referred to Com. on RLS.
2025-08-21     From committee: Be adopted. Ordered to Third Reading. (Ayes 11. Noes 0.) (August 21).
2025-08-20     Introduced. To print.
Keywords
Tags
Versions
Chaptered     2025-09-23
Enrolled     2025-09-15
Introduced     2025-08-20
Last Version Text
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		<ns0:AuthorText authorType="LEAD_AUTHOR">Introduced by Assembly Member Pacheco</ns0:AuthorText>
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		<ns0:Title> Relative to Women’s Small Business Month. </ns0:Title>
		<ns0:RelatingClause>Women’s Small Business Month</ns0:RelatingClause>
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			<ns0:Subject>Women’s Small Business Month.</ns0:Subject>
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			<html:p>This measure would declare October 2025 as Women’s Small Business Month and encourage all citizens to recognize the economic importance of women’s small business in California.</html:p>
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			<ns0:FiscalCommittee>NO</ns0:FiscalCommittee>
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				<html:p>WHEREAS, According to the United States Small Business Administration, as of 2022, an estimated 13,000,000 women-owned businesses in the United States employ more than 10,000,000 people and generate $1.9 trillion in revenue; and</html:p>
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				<html:p>WHEREAS, Women-owned businesses represent 42 percent of all businesses and women of color account for 50 percent of all female business owners; and</html:p>
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				<html:p>WHEREAS, Among women, women of color are the fastest growing demographic of new business owners; and</html:p>
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				<html:p>WHEREAS, Women of color make up 40 percent of all women in the United States, with 18.5 percent being Latina, 13.9 percent being African American, 6.3 percent being Asian American, 1.3 percent being Native American or Alaska Native, and 0.3 percent being Pacific Islander; and</html:p>
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				<html:p>WHEREAS, Twenty-one percent of women-owned businesses are owned by African Americans, 18 percent by Latinas, 9 percent by Asian Americans, 1.4 percent by Native Americans or Alaska Natives, and 0.3 percent by Pacific Islanders, which has the same business-owned representation as the population; and</html:p>
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				<html:p>WHEREAS, In 2023, a White House Press Release announced that in 2022, annual earnings for women-owned businesses increased by almost 30 percent, with women-owned businesses in the manufacturing sector experiencing a 35-percent increase; and</html:p>
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				<html:p>WHEREAS, Women continue to trailblaze across industries every day, starting nearly one-half of all new businesses in the United States in 2021; and</html:p>
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				<html:p>WHEREAS, Women small business owners create valuable opportunities for women workers because they are more likely to hire a more diverse workforce. In 2020, it was found by Small Business Majority that one in four women business owners employ nearly all women, with 75 percent to 100 percent, inclusive, of their workforce being women workers; and</html:p>
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				<html:p>WHEREAS, Although more women are embracing entrepreneurship, they often face challenges not typically shared by their male counterparts, including defying social expectations, limited access to social and business networks, overcoming barriers to access capital and new market expansion, owning a sense of accomplishment, building a support network and obtaining mentorship, and balancing business and family life; and</html:p>
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				<html:p>WHEREAS, Forbes Magazine reported that while 79 percent of women entrepreneurs in the United States feel more empowered now than they did five years ago, 66 percent still report difficulty in obtaining the funding they need to succeed; and</html:p>
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				<html:p>WHEREAS, Despite demanding and long hours, women become business owners to implement a new business idea or vision, enjoy the freedom of being an entrepreneur, or to solve a specific industry problem; and</html:p>
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				<html:p>WHEREAS, Women-owned businesses are key to our overall economic success, and their importance is rapidly growing; and</html:p>
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				<html:p>WHEREAS, Women in the United States were not allowed to get a business loan without the signature of a male relative to cosign for them until 1988; and</html:p>
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				<html:p>WHEREAS, October is recognized as Women’s Small Business Month because the law that allowed women to take out a loan in their own name, the Women’s Business Ownership Act of 1988 (Public Law 100-533), was signed on October 25, 1988; now, therefore, be it</html:p>
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					<html:i>Resolved by the Assembly of the State of California, the Senate thereof concurring,</html:i>
					 That the Legislature designates October 2025 as Women’s Small Business Month and encourages all citizens to recognize the economic importance of women’s small businesses in California; and be it further
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					<html:i>Resolved,</html:i>
					 That the Chief Clerk of the Assembly transmit copies of this resolution to the author for appropriate distribution.
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Last Version Text Digest This measure would declare October 2025 as Women’s Small Business Month and encourage all citizens to recognize the economic importance of women’s small business in California.