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SB 225: Small Trucking Companies Leasing (2011)


Senate Bill 225 helps small trucking businesses access lending to purchase trucks with cleaner engines.  The bill would authorize the Treasurer’s Office to include a common form of truck lease in the California Capital Access Program.  The Capital Access Program provides incentives to banks for lending to qualified small businesses.  With these leases included in the program the transition to cleaner diesel truck engines will accelerate.

After the bill passed the Legislature, Senator Simitian sent a letter to the Governor urging his signature.

For more information, you can read the SB 225 "Fact Sheet" prepared by a member of Senator Simitian's staff.

Final Status and Text

SB 225 is no longer active. Its final status was:
Signed into Law

You can read its final text on the Legislature's Bill Information site.

News & Press Releases about SB 225

12/27/2011 - Simitian Bills Become Law on January 1

10/06/2011 - Simitian Bill to Expand Small Business Loan Program Becomes Law