California AB 2607: Charter schools: petition renewal.
Status: In committee: Set, first hearing. Hearing canceled at the request of author. (as of 2012-04-18)
State: California · Session: 20112012 · Bill: AB 2607
Subjects: Charter schools: petition renewal.
Sponsors: Roger Hernández
Bill Text
• • • • • • Bill Text - AB-2607 California Americans with Disabilities Act Small Business Capital Access Loan Program. • • skip to content • home • accessibility • FAQ • feedback • sitemap • login • x Quick Search: Bill Number Bill Keyword • • • • • • Home • Bill Information • California Law • Publications • Other Resources • My Subscriptions • My Favorites • Bill Information >> • Bill Search >> • Text Bill Text PDF2 Bill PDF |Add To My Favorites |Track Bill | Version: 03/09/26 - Amended Assembly 02/20/26 - Introduced AB-2607 California Americans with Disabilities Act Small Business Capital Access Loan Program.(2025-2026) Text >> Votes >> History >> Bill Analysis >> Today's Law As Amended >> Compare Versions >> Status >> Comments To Author >> Track Bill >> Add To My Favorites >> SHARE THIS: Date Published: 03/09/2026 09:00 PM AB2607:v98#DOCUMENTBill Start Amended IN Assembly March 09, 2026 CALIFORNIA LEGISLATURE— 2025–2026 REGULAR SESSION Assembly Bill No. 2607 Introduced by Assembly Member Nguyen February 20, 2026 An act to amend Sections 100000, 100002, 100004, 100008, 100010, 100012, 100016, 100022, 100026, 100030, 100032, 100033, and 100046 of, and to repeal Sections 100018, 100020, 100024, and 100028 of, the Government 44559.13 and 44559.14 of the Health and Safety Code, relating to retirement, economic development, and making an appropriation therefor. LEGISLATIVE COUNSEL'S DIGEST AB 2607, as amended, Nguyen. CalSavers: retirement savings. California Americans with Disabilities Act Small Business Capital Access Loan Program. Existing law establishes the California Americans with Disabilities Act Small Business Capital Access Loan Program to assist small businesses in complying with the Americans with Disabilities Act. Existing law requires the Capital Programs and Climate Financing Authority to adopt regulations to establish and regulate new loss reserve accounts for qualified loans made by participating lenders to small businesses for eligible products, as specified, including regulations limiting terms of loans and recaptures from loss reserve accounts to 5 years, as specified. Existing law caps qualified loans under the program at $50,000. Existing law establishes the California Americans with Disabilities Act Small Business Capital Access Loan Program Fund, a continuously appropriated fund to be administered by the authority for the purposes of the program. Existing law prescribes the uses for moneys in the fund, including specified program and administrative expenditures, and limits administrative expenditures to 5% of the initial appropriation plus 5% of all moneys recaptured. Existing law establishes the California Seismic Safety Capital Access Loan Program, which is similar to the California Americans with Disabilities Act Small Business Capital Access Loan Program, to assist residential property owners with and small business owners seismically retrofitting residences and small businesses, as specified. Existing law establishes the California Seismic Safety Capital Access Loan Program Fund, a continuously appropriated fund to be used for the purposes of the program, as specified. This bill would increase the cap for qualified loans under the California Americans with Disabilities Act Small Business Capital Access Loan Program to $250,000. The bill would, as of the operative date of the bill, require the authority to transfer the moneys from the California Seismic Safety Capital Access Loan Program Fund to the California Americans with Disabilities Act Small Business Capital Access Loan Program Fund. The bill would provide that moneys in the California Americans with Disabilities Act Small Business Capital Access Loan Program Fund may additionally be used for financial assistance to eligible projects, as specified. The bill would change the limit for administrative expenditures from the California Americans with Disabilities Act Small Business Capital Access Loan Program Fund to 5% of the initial appropriation plus 5% of all interest earned and moneys recaptured. The bill would require the regulations adopted for the California Americans with Disabilities Act Small Business Capital Access Loan Program to increase the 5-year term and recapture limits described above to 15 years. By transferring money into a continuously appropriated fund, expanding the purposes for which moneys in a continuously appropriated fund may be used, and increasing the amount of moneys that may be expended from a continuously appropriated fund, this bill would make an appropriation. Existing law, the CalSavers Retirement Savings Trust Act, administered by the CalSavers Retirement Savings Board (board), establishes the CalSavers Retirement Savings Program (program) and the CalSavers Retirement Savings Trust (trust). Under existing law, the trust consists of a program fund and an administrative fund
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