Mokelumne Hill

Or are concerned about a current one, you might want to consider the findings of a recent study report commissioned by the State Legislature.

The following is an excerpt from the Study:

The study finds that the total cost of regulation to the State of California is $492.994 billion which is almost five times the State’s general fund budget, and almost a third of the State’s gross product. The cost of regulation results in an employment loss of 3.8 million jobs which is a tenth of the State’s population. Since small business constitute 99.2% of all employer businesses in California, and all of non-employer business, the regulatory cost is borne almost completely by small business. The total cost of regulation was $134,122.48 per small business in California in 2007, labor income not created or lost was $4,359.55 per small business, indirect business taxes not generated or lost were $57,260.15 per small business, and finally roughly one job lost per small business. This study provides the most comprehensive and complete analysis of the total regulatory burden in California.

The significance of the study derives from the fact that over 90% of the firms in the USA employ fewer than 20 employees, and large firms (500 or more employees) constitute only 0.3% of all firms.

The study originated from AB 2330 (Arambula), which passed with bi-partisan support in 2006.
The complete report may be found on the Governor’s Small Bussiness Advocate web site: http://www.sba.ca.gov/ - click on the red text on the left: Cost of State Regulations on Small Business Study

This informational announcement paid for by your Calaveras County Chamber of Commerce