2SSB 6667 -
By Representative Kenney
ADOPTED AND ENGROSSED 03/05/2010
Strike everything after the enacting clause and insert the following:
"NEW SECTION. Sec. 1 The legislature finds that small businesses
and entrepreneurs are a fundamental source of economic and community
vitality for our state. They employ state residents, pay state taxes,
purchase goods and services from local and regional companies, and
contribute to our communities in many other ways. The legislature
finds that small businesses and entrepreneurs need increased access to
capital and technical assistance in order to maximize their potential.
The legislature intends that the department of commerce and the small
business development center each build upon their existing relevant
statutory missions and authorities by collaborating on a specific plan
to expand services to small businesses and entrepreneurs beginning in
the 2011-2013 biennium.
Sec. 2 RCW 43.330.060 and 2005 c 136 s 13 are each amended to
read as follows:
(1) The department shall (a) assist in expanding the state's role
as an international center of trade, culture, and finance; (b) promote
and market the state's products and services both nationally and
internationally; (c) work in close cooperation with other private and
public international trade efforts; (d) act as a centralized location
for the assimilation and distribution of trade information; and (e)
establish and operate foreign offices promoting overseas trade and
commerce.
(2) The department shall identify and work with Washington
businesses that can use local, state, and federal assistance to
increase domestic and foreign exports of goods and services.
(3) The department shall work generally with small businesses and
other employers to facilitate resolution of siting, regulatory,
expansion, and retention problems. This assistance shall include but
not be limited to assisting in workforce training and infrastructure
needs, identifying and locating suitable business sites, and resolving
problems with government licensing and regulatory requirements. The
department shall identify gaps in needed services and develop steps to
address them including private sector support and purchase of these
services.
(4) The department shall work to increase the availability of
capital to small businesses by developing new and flexible investment
tools; by assisting in targeting and improving the efficiency of
existing investment mechanisms; and by assisting in the procurement of
managerial and technical assistance necessary to attract potential
investors.
(5) The department shall assist women and minority-owned businesses
in overcoming barriers to entrepreneurial success. The department
shall contract with public and private agencies, institutions, and
organizations to conduct entrepreneurial training courses for minority
and women-owned businesses. The instruction shall be intensive,
practical training courses in financing, marketing, managing,
accounting, and recordkeeping for a small business, with an emphasis on
federal, state, local, or private programs available to assist small
businesses. Instruction shall be offered in major population centers
throughout the state at times and locations that are convenient for
minority and women small business owners.
(6)(a) Subject to the availability of amounts appropriated for this
specific purpose, by December 1, 2010, the department, in conjunction
with the small business development center, must prepare and present to
the governor and appropriate legislative committees a specific,
actionable plan to increase access to capital and technical assistance
to small businesses and entrepreneurs beginning with the 2011-2013
biennium. In developing the plan, the department and the center may
consult with the Washington state microenterprise association, and with
other government, nonprofit, and private organizations as necessary.
The plan must identify:
(i) Existing sources of capital and technical assistance for small
businesses and entrepreneurs;
(ii) Critical gaps and barriers to availability of capital and
delivery of technical assistance to small businesses and entrepreneurs;
(iii) Workable solutions to filling the gaps and removing barriers
identified in (a)(ii) of this subsection; and
(iv) The financial resources and statutory changes necessary to put
the plan into effect beginning with the 2011-2013 biennium.
(b) With respect to increasing access to capital, the plan must
identify specific, feasible sources of capital and practical mechanisms
for expanding access to it.
(c) The department and the center must include, within the analysis
and recommendations in (a) of this subsection, any specific gaps,
barriers, and solutions related to rural and low-income communities and
small manufacturers interested in exporting.
Sec. 3 RCW 28B.30.530 and 2009 c 486 s 1 are each amended to read
as follows:
(1) The board of regents of Washington State University shall
establish the Washington State University small business development
center.
(2) The center shall provide management and technical assistance
including but not limited to training, counseling, and research
services to small businesses throughout the state. The center shall
work with the department of ((community, trade, and economic
development)) commerce, the state board for community and technical
colleges, the higher education coordinating board, the workforce
training and education coordinating board, the employment security
department, the Washington state economic development commission,
associate development organizations, and workforce development councils
to:
(a) Integrate small business development centers with other state
and local economic development and workforce development programs;
(b) Target the centers' services to small businesses;
(c) Tailor outreach and services at each center to the needs and
demographics of entrepreneurs and small businesses located within the
service area;
(d) Establish and expand small business development center
satellite offices when financially feasible; and
(e) Coordinate delivery of services to avoid duplication.
(3) The administrator of the center may contract with other public
or private entities for the provision of specialized services.
(4) The small business development center may accept and disburse
federal grants or federal matching funds or other funds or donations
from any source when made, granted, or donated to carry out the
center's purposes. When drawing on funds from the business assistance
account created in RCW ((30.60.010)) 28B.30.531, the center must first
use the funds to make increased management and technical assistance
available to existing small businesses and start-up businesses at
satellite offices. The funds may also be used to develop and expand
assistance programs such as small business planning workshops and small
business counseling.
(5) ((The legislature directs the small business development center
to request United States small business administration approval of a
special emphasis initiative, as permitted under 13 C.F.R. 130.340(c) as
of April 1, 2009, to target assistance to Washington state's smaller
businesses. This initiative would be negotiated and included in the
first cooperative agreement application process that occurs after July
26, 2009.)) By ((
(6)December 1, 2009, and)) December 1, 2010,
((respectively,)) the center shall provide a written progress report
and a final report to the appropriate committees of the legislature
with respect to the requirements in subsection((s)) (2) ((and (5))) of
this section and the amount and use of funding received through the
business assistance account. The reports must also include data on the
number, location, staffing, and budget levels of satellite offices;
affiliations with community colleges, associate development
organizations or other local organizations; the number, size, and type
of small businesses assisted; and the types of services provided. The
reports must also include information on the outcomes achieved, such as
jobs created or retained, private capital invested, and return on the
investment of state and federal dollars.
(6)(a) Subject to the availability of amounts appropriated for this
specific purpose, by December 1, 2010, the center, in conjunction with
the department of commerce, must prepare and present to the governor
and appropriate legislative committees a specific, actionable plan to
increase access to capital and technical assistance to small businesses
and entrepreneurs beginning with the 2011-2013 biennium. In developing
the plan, the center and the department may consult with the Washington
state microenterprise association, and with other government,
nonprofit, and private organizations as necessary. The plan must
identify:
(i) Existing sources of capital and technical assistance for small
businesses and entrepreneurs;
(ii) Critical gaps and barriers to availability of capital and
delivery of technical assistance to small businesses and entrepreneurs;
(iii) Workable solutions to filling the gaps and removing barriers
identified in (a)(ii) of this subsection; and
(iv) The financial resources and statutory changes necessary to put
the plan into effect beginning with the 2011-2013 biennium.
(b) With respect to increasing access to capital, the plan must
identify specific, feasible sources of capital and practical mechanisms
for expanding access to it.
(c) The center and the department must include, within the analysis
and recommendations in (a) of this subsection, any specific gaps,
barriers, and solutions related to rural and low-income communities and
small manufacturers interested in exporting."
Correct the title.