Cal. Gov. Code § 14838.2
General Provisions
Redline — January 1, 2011 → current.View current text →
Current — January 1, 2023
As of January 1, 2011
The Legislature finds and declares all of the following:
The Legislature finds and declares all of the following:
(a) Market demand is a driving factor in determining profitability of California companies and the ability of those companies to invest in business growth.
(a) Market demand is a driving factor in determining profitability of California companies and the ability of those companies to invest in business growth.
(b) Recent unemployment figures indicate that California’s employment has declined by more than 420,000 jobs since the middle of 1990, with up to 133,000 of those jobs in the manufacturing sector.
(c) The current economic recession, coupled with losses of federal contracts by our defense and aerospace industries, is causing an economic crisis in California.
(b) The onset of COVID-19 and the subsequent economic downturn and recession has laid bare considerable social and economic inequities, and, overall, nearly one-half of all small businesses face permanent closure, with women-owned, minority-owned, and LGBTQ-owned businesses facing even higher foreclosure thresholds.
(c) The current economic recession caused by COVID-19 is hitting our minority and disadvantaged communities the hardest.
(d) California companies are often at a competitive disadvantage when responding to public contract proposals from government agencies because of factors associated with higher taxes, wages, rents, labor benefits, and insurance rates.
(d) California companies are often at a competitive disadvantage when responding to public contract proposals from government agencies because of factors associated with higher taxes, wages, rents, labor benefits, and insurance rates.
(e) The competitiveness of California companies is also impacted as a result of in-state business preference policies that exist in other states.
(e) The competitiveness of California companies is also impacted as a result of in-state business preference policies that exist in other states.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.