Photo: Marcin Wichary (CC-BY)
Cat Johnson of Shareable writes about the Local Economies Securities Act (AB2751) and what it could do for investors and entrepreneurs in California.Read more
CA Local Economies Securities Act Passes Through the Banking and Finance Committee -- Will Open Doors for Small Enterprises to Raise Capital
Contact: Christina Oatfield, (415) 8285627, Christina@theselc.org
OAKLAND, CA.— Sponsored by the Sustainable Economies Law Center (SELC), the California Local Economies Securities Act (AB2751) passed through the CA Assembly Banking and Finance Committee. LESA will exempt certain securities offerings from California permit requirements, and therefore open doors to raising capital for a variety of enterprises necessary to the economic and ecological health of California, including small farms, agricultural land trusts, cooperatives, nonprofit organizations with business income, and renewable energy systems. It was introduced by Assemblymember Cheryl Brown.Read more
April’s always an exciting time for me! The legislative session is in full gear, which means that I’m engaging with partners and legislators and speaking up for policies to support stronger local food and agricultural economies. Earth Day is right around the corner and the spring rain reminds me that the seeds I’ve planted are ready to sprout.
Speaking of seeds, we recently had a hearing for our bill to protect seed sharing, the California Seed Exchange Democracy Act (AB 1810). It passed out of the Assembly Agriculture Committee, in part due to the work of these excellent advocates and official sponsors of the bill!Read more
Photo Credit Gabrielle Lurie, Special To The Chronicle
Carloyn Said of the San Francisco Chronicle writes about regulations around selling home-cooking in California, and the movement to change regulations to allow platforms like Josephine to operate legally. SELC Policy Director, Christina Oatfield, is quoted in the article.Read more
In late February of this year California State Assemblymember Cheryl Brown introduced AB 2593, a bill to legalize the sales of homemade food, including hot meals, within certain limits. The bill would provide a dramatic expansion of California citizens’ ability to legally sell homemade food. Sustainable Economies Law Center (SELC) was heavily involved in advocating for the California Homemade Food Act of 2012, a.k.a the cottage food law, authored by Assemblymember Mike Gatto. So we wanted to post about this new bill, although SELC is not sponsoring or supporting it at this time.Read more
In anticipation of the Community Capital Conference coming up in Portland, Oregon, movers and shakers in the local economy and community investing realms are being interviewed about what they are looking forward to discussing and learning.
SELC's Policy Director Christina Oatfield spoke with Hatch Oregon's Hatch the Future podcast about our Grassroots Finance and Farmland programs, our Local Economies Securities Act legislation, the early development of SELC, and her own path to becoming a lawyer without going to law school.Read more