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California Law (Last Updated: March 4, 2014) |
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Government Code - GOV |
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Title 6.7. INFRASTRUCTURE FINANCE |
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Division 1. THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT |
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Chapter 6. Small Business Financial Assistance Act of 2013 |
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ARTICLE 11. Reporting |
Section 63089.98.
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(a) Annually, not later than January 1 of each year commencing January 1, 2014, the program manager shall prepare and submit to the Governor and the Legislature, pursuant to Section 9795, a report for the preceding fiscal year ending June 30, containing the expansion fund and trust fund financial product activity of each corporation, including all of the following:
(1) Direct loans, guarantees, and other financial products awarded and outstanding balances.
(2) Default and loss statistics.
(3) Employment data.
(4) Ethnicity and gender data of participating contractors and other entities, and experience of surety insurer participants in the bond guarantee program.
(5) Significant events.
(b) The program manager shall post the report on the bank's Internet Web site.