Assemblyman Cooley Backs Bill to Reduce Delays for Business Filings
Sacramento – Assemblyman Ken Cooley (D-Rancho Cordova) today announced support for Assembly Bill 113, a bill that would immediately reduce the delays California businesses encounter when filing documents and articles of incorporation with the Secretary of State’s office. Currently, the Secretary of State’s office is faced with a 45-85 day backlog on processing important business documents and articles of incorporation. AB 113 would allocate $2 million to the overwhelmed Secretary of State's office to expedite the processing of 122,000 backlogged business filings. “A function of government is to release the energy in our economy and shouldn’t be an obstacle that causes people of industry and vision to wilt at the prospect of dealing with it," said Assemblyman Cooley. “AB 113 will speed things along and release that energy into our economy." Watch Assemblyman Cooley's comments on the Assembly Floor regarding AB 113, in this Assembly Access Video.