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This California Bill Would Make Is Easier To Invest in Local Farms, Energy and Business

This California Bill Would Make Is Easier To Invest in Local Farms, Energy and Business
Tue, 5/10/2016 - by Cat Johnson
This article originally appeared on Shareable

If you want to invest in a publicly traded company, you simply purchase securities in the company. But if you want to invest in the organic farm down the road, or a new renewable energy startup in your town, it’s not that easy.

Small businesses and entrepreneurs face a costly permitting process or can only pursue private investments from wealthy investors – not small investments from a larger number of people. And would-be investors find few opportunities to invest locally, in part, because of the lengthy and costly securities regulation process and a lack of awareness about local companies seeking investment.

The new California Local Economies Securities Act (AB2751), authored by the Sustainable Economies Law Center (SELC), aims to make it possible for small farms, agricultural land trusts, cooperatives, nonprofit organizations with business income, and renewable energy systems in California to raise capital without going through a costly permitting process.

The bill, which recently passed through the State Assembly Banking and Finance Committee, exempts certain securities offerings from California permit requirements, which opens the doors to raising capital for a variety of enterprises focused on the economic and ecological health of the state.

The bill proposes allowing enterprises to conduct small public offerings through the following exemptions from permitting requirements, as detailed by SELC:

Small Investments: This bill would exempt from permitting requirements any offer or sale of a security if the business provides basic offering and business information to the public, and the total amount raised during the offering period (one year) does not exceed $500,000. Additionally, each individual investor would be limited as follows:

  • Non-accredited investors would be limited to investing no more than $1000 each in one offering.

  • Accredited investors would be limited to 5% of their net worth in an offering.

Farms and Agricultural Land Trusts: This bill would allow a farm enterprise or agricultural land trust to raise up to $2,000,000 per year for the purchase, long-term leasing, purchase of an easement, construction, or improvement of real property to be used for agriculture purposes. The issuers using this exemption must be farmers who will actively farm the land or issuers must be an agricultural land trust or other nonprofit organization. For land purchases, all funds raised for the purpose must be held in an escrow account until the issuer has entered into a contract to purchase the land. Under this exemption, the limits on each individual's investment amount would be as follows:

  • Each individual investor could invest up to $2,000 at least.

  • An investor could invest up to $5,000 IF the investor has an annual gross income of at least $100,000 or a total net worth of at least $200,000.

  • Accredited investors would be limited to investing no more than 5% of their net worth.

Renewable Energy Projects: Similar to the farm and land trust exemption in the previous paragraph, the bill would allow nonprofits, cooperatives, and groups of tenants to raise up to $2,000,000 to purchase solar panels or wind turbines, and equipment necessary for the storage or transmission of the energy produced by the panels or turbines. The same limits per investor as in the farmland exemption above would apply to these renewable energy projects.

Nonprofit Organizations: This bill would expand an existing exemption for nonprofit organizations in California Corporations Code Section 25100(j) to include debt securities, not just equity securities, which would make this exemption mirror similar exemptions in federal law and the laws of many other states. The existing California statute is not suitable for nonprofit organizations organized for charitable or educational purposes and exempt from income tax under Internal Revenue Code Section 501(c)(3) because such organizations cannot have equity shareholders.

When such nonprofit organizations accept investments the investments must be in the form of debt securities in order to comply with state corporate law and the terms of their tax-exempt status. Therefore, this bill would open up new capital raising opportunities for nonprofit organizations such as Community Development Financial Institutions and other similar organizations that provide investment and technical assistance to small businesses.

Investor Protections: The proposed bill and existing law provide numerous investor protections in addition to the limits on investment amounts described in each exemption above, including:

  • The exemptions could not be used to fund enterprises whose success depends on any unproven technology or enterprises which are developing new products that have not yet been prototyped (small investments and energy exemptions).

  • The enterprise's directors, officers, other individuals holding similar positions, and major shareholders are subject to a "bad actor disqualification" meaning that someone with a history of securities fraud is prohibited from using the proposed exemptions (small investments, farmland and energy exemptions).

  • The offering documents must contain financial statements, tax returns, and a list of risk factors, among other information typically found in a business plan (small investments, farmland and energy exemptions).

  • The offering documents would include a cover page with a stern warning to prospective investors cautioning that they are taking a risk and advising that they only invest if they can afford to lose their entire investment (small investments, farmland and energy exemptions).

  • Existing securities laws that prohibit the use of false or misleading information or the intentional omission of material facts in offering documents would still apply to all offerings under this bill.

  • Escrow accounts would be required to hold investment funds until a sufficient amount was raised to proceed with the land purchase or project implementation (farm and energy exemptions).

  • Investors are limited to investing no more than $1,000, $5,000, or 5% of net worth depending on the exemption and the investor's wealth (small investments, farmland, and energy exemptions).

AB2751 is currently being considered in the 2016 legislative session. For more information and to get involved, visit here.

 

 

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Email: BRETTHAWKSLOANS@GMAIL.COM
Bretthawks loans.
author Brett Hawks Loans

Welcome To Dr. Powell Garcia Loan Service…
Are you a business man or woman? Are you in any financial mess or do you need funds to start up your own business? Do you need a loan to start a nice Small Scale and medium business? Do you have a low credit score and you are finding it hard to obtain capital loan from local banks and other financial institutes?.

Our loans Are well insured for maximum security is our priority, Our leading goal is to help you get the service you deserve, Our program is the quickest way to get what you need in a snap. Reduce your payments to ease the strain on your monthly expenses. Gain flexibility with which you can use for any purpose – from vacations, to education, to unique purchases

We offer a wide range of financial services which includes: Business Planning, Commercial and Development Finance, Properties and Mortgages, Debt Consolidation Loans, Business Loans, Private loans,car loans, hotel loans, student loans, personal loans Home Refinancing Loans with low interest rate @2% per annul for individuals, companies and corporate bodies. Get the best for your family and own your dream home as well with our General Loan scheme.

Interested applicants should Contact us via email: (dr.powellgarcialoans@gmail.com)

Welcome To Dr. Powell Garcia Loan Service…
Are you a business man or woman? Are you in any financial mess or do you need funds to start up your own business? Do you need a loan to start a nice Small Scale and medium business? Do you have a low credit score and you are finding it hard to obtain capital loan from local banks and other financial institutes?.

Our loans Are well insured for maximum security is our priority, Our leading goal is to help you get the service you deserve, Our program is the quickest way to get what you need in a snap. Reduce your payments to ease the strain on your monthly expenses. Gain flexibility with which you can use for any purpose – from vacations, to education, to unique purchases

We offer a wide range of financial services which includes: Business Planning, Commercial and Development Finance, Properties and Mortgages, Debt Consolidation Loans, Business Loans, Private loans,car loans, hotel loans, student loans, personal loans Home Refinancing Loans with low interest rate @2% per annul for individuals, companies and corporate bodies. Get the best for your family and own your dream home as well with our General Loan scheme.

Interested applicants should Contact us via email: (dr.powellgarcialoans@gmail.com)

Attention Everyone: Do You Need An Urgent Loan Of Any Kind? We Offer Worldwide Loans And Our Loans Are Easy, Cheap, And Quick. And We Can Arrange Any Loan to Suit Your Budget for Only 2% Interest Rate, Contact Us Today For That Loan That You Desire, With The Following E-Mail For A Quick Responds: {ec.finance@aol.com}

BORROWERS INFORMATION

(1) Full Names:
(2) State/Country:
(3) Amount needed as loan:
(4) Loan duration:
(5) Cell-Phone number:
(6) Occupation:
(7) Monthly Income:
(8) Sex:
(9) Age:
(10) Have you applied before?
(11) Next Of King:……………….

Best Regard,
Mr. James Harry

NO UPFRONT PAYMENTS INVOLVED

Hello everyone,

My name is Mr Mike Robert, I am a loan lenders and I give out loans without any upfront payments.

Are you in need of commercial or business loan to either expand your business, or pay up your bills? If yes here is an offer from a Registered, Government approved and Licensed private lender,we offer loan at 3% rate and we give out loans in the range of $5,000 to $10,000,000.00.

Contact us today at Mikerobertloans1@gmail.com and get your loan to start up business and other needs.
Mikerobertloans1@gmail.com.

I hope to hear from you soon.

Mr Mike

loans for all kind of purpose

We offer from a minimum amount of 10,000.00 Euro/Dollars to 20 million Euro/Dollars

And at a low interest rate of 2%

Loan Term: 25 years maximum depending on the loan amount you need.

customers should be above the age of 18

This loan transaction is 100% guarantee for serious customers

For more information about the loan please contact us through email:

kirkleonfinances@gmail.com

Here comes an Affordable loan that will change your life for ever, I am Dr.Hawkins Robert a certified loan lender, I offer loan to individual and public sector that are in need of financial Assistance in a low interest rate of 2%. Bad credit acceptable,The Terms and Conditions are very simple and considerate.You will never regret anything in this loan transaction because i will make you smile. Our company has recorded a lot of breakthroughs in the provision of first class financial services to our clients, especially in the area of Loan syndication and capital provision for individuals and companies.

We have brought ailing industries back to life and we back good business ideas by providing funds for their up start. We have a network of Investors that are willing to provide funds of whatever amount to individuals and organizations to start business and operations.i want you to understand the fact that i Dr.Hawkins Robert is out to help the less financial privilege get back on track by providing all type of loans to them (E.G) mortgages, home loans business loans and bad credit loans commercial loans, start-up- working capital loans, construction loans ,car loans, hotel loans,and student loans, personal loans, Debts Consolidation Loans, what are you waiting for asap why don't you try Dr.Hawkins Robert Loan home and be free from debts any interested client should contact me asap (dr.hawkinsrobert342@gmail.com)

Regards,
Dr. Hawkins Robert.

Attention,

If you need a loan to buy any house of your choice, consolidate your debt, or to set up a business of your own, contact us today on our email address for more information on how to proceed.

NOTE: We give out the various types of loans short-listed below at a 3% interest rate annually.

* Home Loans
* Vehicle Loans
* Real Estate Loans
* Business Loans

Other Loans:-
1. Line of Credit
2. Master Card

EMAIL(s):-
1. dannykentloancenters@gmail.com
2. dannykentloancompany@gmail.com

Thanks,
Mr Danny Kent.
CEO

Attention Please,

This is to announce to the General public about a genuine lender online that helped me when i was in financial difficulties. I am Mrs Anni Marian living in Manassas, USA. I was stuck in a financial situation and i needed to refinance my business and also to buy a home. I tried seeking loans from various loan firms both private and corporate but never with success, and most banks declined my credit. But as God would have it, i was introduced to a private loan lender by names Mr.Moris Fred who gave me a loan of $1,500,000USD and today my business has improved and I’m now a owner of a home. So, I’m here to let you know that if you must contact any firm with reference in getting a loan with low interest rate of 2% and better repayment plans and schedule, please contact Mr.Moris Fred. He doesn’t know that I’m doing this but i will like others to know that there are still some good persons out there who is still willing to assist those in financial difficulties so i decided to let people know more about him. You can contact him through his email at {Morisloancompany6@gmail.com}
(Website: http://morisloancompany6.wix.com/morisloancompany)
(https://moris569.wordpress.com
(Phone Number: +17472338177 to get a genuine loan offer today.

Greetings to you by ADIA.

We are a France-Paris based investment company known as Avit
Development Investment Authority working on expanding its portfolio
globally and financing projects.

We would be happy to fund and invest with you in any profitable
project if you have any viable project we can finance by making mutual
investment with you. If you are interested, kindly contact us
on:avitinvestmentauthority2@gmail.com for more details.

Looking forward hearing from you soonest.

Yours truly,
Mrs Kristina Anderson
(Personal Assistant)
Avit Development Investment Authority(ADIA)
501 Avenue Montaigne,75008 Paris-France
Paris-France.Avit Development Investment Authority (ADIA)

WELCOME TO ANGEL INVESTMENT UK

Are you a business man or woman? Are you in any financial mess or do you need funds to start up your own business? Do you need a loan to start a nice Small Scale and medium business? Do you have a low credit score and you are finding it hard to obtain capital loan from local banks and other financial institutes? Our loans are well insured for maximum security is our priority, Our leading goal is to help you get the services you deserve.
Our loans Are well insured for maximum security is our priority, Our leading goal is to help you get the service you deserve, Our program is the quickest way to get what you need in a snap. Reduce your payments to ease the strain on your monthly expenses. Gain flexibility with which you can use for any purpose – from vacations, to education, to unique purchases
We offer a wide range of financial services which includes: Business Planning, Commercial and Development Finance, Properties and Mortgages, Debt Consolidation Loans, Business Loans, Private loans,car loans, hotel loans, student loans, personal loans Home Refinancing Loans with low interest rate at 3% for individuals, companies and corporate bodies. Get the best for your family and own your dream home as well with our General Loan scheme.
Interested applicants should Contact us

email: Angel.investment.uk@gmail.com
contact:+1 (540) 300-4234
website:http://angelinvestmentuk.wix.com/angelinvestors

WELCOME TO ANGEL INVESTMENT ,,

Are you a business man or woman? Are you in any financial mess or do you need funds to start up your own business? Do you need a loan to start a nice Small Scale and medium business? Do you have a low credit score and you are finding it hard to obtain capital loan from local banks and other financial institutes? Our loans are well insured for maximum security is our priority, Our leading goal is to help you get the services you deserve.
Our loans Are well insured for maximum security is our priority, Our leading goal is to help you get the service you deserve, Our program is the quickest way to get what you need in a snap. Reduce your payments to ease the strain on your monthly expenses. Gain flexibility with which you can use for any purpose – from vacations, to education, to unique purchases
We offer a wide range of financial services which includes: Business Planning, Commercial and Development Finance, Properties and Mortgages, Debt Consolidation Loans, Business Loans, Private loans,car loans, hotel loans, student loans, personal loans Home Refinancing Loans with low interest rate at 3% for individuals, companies and corporate bodies. Get the best for your family and own your dream home as well with our General Loan scheme.
Interested applicants should Contact us

email: Angel.investment.uk@gmail.com
contact:+1 (540) 300-4234
website:http://angelinvestmentuk.wix.com/angelinvestors

Welcome To Dr. Powell Garcia Loan Service…
Are you a business man or woman? Are you in any financial mess or do you need funds to start up your own business? Do you need a loan to start a nice Small Scale and medium business? Do you have a low credit score and you are finding it hard to obtain capital loan from local banks and other financial institutes? Our loans are well insured for maximum security is our priority, Our leading goal is to help you get the services you deserve.

Our loans Are well insured for maximum security is our priority, Our leading goal is to help you get the service you deserve, Our program is the quickest way to get what you need in a snap. Reduce your payments to ease the strain on your monthly expenses. Gain flexibility with which you can use for any purpose – from vacations, to education, to unique purchases

We offer a wide range of financial services which includes: Business Planning, Commercial and Development Finance, Properties and Mortgages, Debt Consolidation Loans, Business Loans, Private loans,car loans, hotel loans, student loans, personal loans Home Refinancing Loans with low interest rate @2% per annul for individuals, companies and corporate bodies. Get the best for your family and own your dream home as well with our General Loan scheme.

Interested applicants should Contact us via email: (dr.powellgarcialoans@gmail.com)

Here comes an Affordable loan that will change your life for ever, I am Mr.Newell Peters a certified loan lender, I offer loan to individual and public sector that are in need of financial Assistance in a low interest rate of 3%. Bad credit acceptable,The Terms and Conditions are very simple and considerable.You will never regret anything in this loan transaction because i will make you smile. Our company has recorded a lot of breakthroughs in the provision of first class financial services to our clients, especially in the area of Loan syndication and capital provision for individuals and companies. We have brought ailing industries back to life and we back good business ideas by providing funds for their up start. We have a network of Investors that are willing to provide funds of whatever amount to individuals and organizations to start business and operations.i want you to understand the fact that i Mr. Newell Peters is out to help the less financial privilege get back on track by providing all type of loans to them (E.G) mortgages, home loans business loans and bad credit loans commercial loans, start-up- working capital loans, construction loans ,car loans, hotel loans,and student loans, personal loans, Debts Consolidation Loans, what are you waiting for asap why don't you try Mr.Newell Peters Loan Firm and be free from debts any interested Applicant should contact me via (newellpetersloanfirmplcltd@gmail.com) only Okay.

How I got a God sent lender after being frustrated by hoodlums here on the internet

Hello Everyone,

My name is Mrs Patricia Ann, from Eastman, Georgia, I am a single mother blessed with 2 sons, For a while, I have been searching for a genuine loan lender who could help me with a loan as I no longer have a job, all I got were hoodlums who made me trust them and at the end they took my money without giving me any loan, my hope was lost, I got confused and frustrated, it became difficult for my family to feed with a good meal, I never wanted to have anything to do with any loan lending companies on the internet again. Not until I met a God sent loan lender that changed my life and that of my family Through the help of a fellowship member a lender with the fear of God in him, Mr Christopher Kendrick of KENDRICK INVESTMENTS LIMITED, he was the man God sent to elevate my family from suffering. At first I thought it wasn’t going to be possible due to my previous experience until I received my loan amount of $45,000USD about a couple of day ago on the 6th/July/2016. My advise to anyone out there in genuine need of a loan is to contact Mr Christopher Kendrick through his official email:- KENDRICKINVESTMENTSLIMITED@OUTLOOK.COM All thanks to him and to GOD for leading me into meeting him. God bless you.

How I got a God sent lender after being frustrated by hoodlums here on the internet

Hello Everyone,

My name is Mrs Patricia Ann, from Eastman, Georgia, I am a single mother blessed with 2 sons, For a while, I have been searching for a genuine loan lender who could help me with a loan as I no longer have a job, all I got were hoodlums who made me trust them and at the end they took my money without giving me any loan, my hope was lost, I got confused and frustrated, it became difficult for my family to feed with a good meal, I never wanted to have anything to do with any loan lending companies on the internet again. Not until I met a God sent loan lender that changed my life and that of my family Through the help of a fellowship member a lender with the fear of God in him, Mr Christopher Kendrick of KENDRICK INVESTMENTS LIMITED, he was the man God sent to elevate my family from suffering. At first I thought it wasn’t going to be possible due to my previous experience until I received my loan amount of $45,000USD about a couple of day ago on the 6th/July/2016. My advise to anyone out there in genuine need of a loan is to contact Mr Christopher Kendrick through his official email:- KENDRICKINVESTMENTSLIMITED@OUTLOOK.COM All thanks to him and to GOD for leading me into meeting him. God bless you.

How I got a God sent lender after being frustrated by hoodlums here on the internet

Hello Everyone,

My name is Mrs Patricia Ann, from Eastman, Georgia, I am a single mother blessed with 2 sons, For a while, I have been searching for a genuine loan lender who could help me with a loan as I no longer have a job, all I got were hoodlums who made me trust them and at the end they took my money without giving me any loan, my hope was lost, I got confused and frustrated, it became difficult for my family to feed with a good meal, I never wanted to have anything to do with any loan lending companies on the internet again. Not until I met a God sent loan lender that changed my life and that of my family Through the help of a fellowship member a lender with the fear of God in him, Mr Christopher Kendrick of KENDRICK INVESTMENTS LIMITED, he was the man God sent to elevate my family from suffering. At first I thought it wasn’t going to be possible due to my previous experience until I received my loan amount of $45,000USD about a couple of day ago on the 6th/July/2016. My advise to anyone out there in genuine need of a loan is to contact Mr Christopher Kendrick through his official email:- KENDRICKINVESTMENTSLIMITED@OUTLOOK.COM All thanks to him and to GOD for leading me into meeting him. God bless you.

Welcome To Dr. Powell Garcia Loan Service…
Are you a business man or woman? Are you in any financial mess or do you need funds to start up your own business? Do you need a loan to start a nice Small Scale and medium business? Do you have a low credit score and you are finding it hard to obtain capital loan from local banks and other financial institutes? Our loans are well insured for maximum security is our priority, Our leading goal is to help you get the services you deserve.

Our loans Are well insured for maximum security is our priority, Our leading goal is to help you get the service you deserve, Our program is the quickest way to get what you need in a snap. Reduce your payments to ease the strain on your monthly expenses. Gain flexibility with which you can use for any purpose – from vacations, to education, to unique purchases

We offer a wide range of financial services which includes: Business Planning, Commercial and Development Finance, Properties and Mortgages, Debt Consolidation Loans, Business Loans, Private loans,car loans, hotel loans, student loans, personal loans Home Refinancing Loans with low interest rate @2% per annul for individuals, companies and corporate bodies. Get the best for your family and own your dream home as well with our General Loan scheme.

Interested applicants should Contact us via email: (dr.powellgarcialoans@gmail.com)

NO UPFRONT PAYMENTS INVOLVED
Hello everyone,
Are you in need of an urgent loan to start up a business or to pay your bills?

My name is Mr Mike Robert and i give out loans at a very reduced interest rate
of 3% without any upfront payments, with comfortable loan duration that ranges
from 1 to 30 years with a Minimum of $5,000.00 and a maximum of $10,000,000.00.
If interested hurry and contact me now via my email address:
(mikerobertloans1@gmail.com).

Mr Mike

Hello,

Are you tired of seeking loans and Mortgages,have you been turned down
constantly By your banks and other financial institutions,We offer any form
of loan to individuals and corporate bodies at low interest rate of 2%.If you are interested in taking a loan,feel free to contact us today,we promise to offer you the best services ever.Just give us a try, because a trial will convince you. What are your Financial needs?

Do you need a business loan?
Do you need a personal loan?
Do you want to buy a car?
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Do you need a mortgage loan?

Do you need a huge capital to start off your business proposal or expansion? Have you lost hope and you think there is no way out, and your financial burdens still persists?

Please do not hesitate to contact us for possible business co-operation

Contact us via email: creditoffer2468@gmail.com or call +447031941969

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The recent decisions by two of the most influential national newspapers of record to not publish their endorsements of Vice President Kamala Harris says a lot about how seriously they take Trump’s threats to democracy and his promises of vengeance against his enemies.

On the eve of the historic November vote, it seems important to ask: What's wrong with men, how did we get here, and can we change this?

As Trump’s campaign grows increasingly bizarre, his team appears to be more tightly controlling his movements and carefully scripting his public appearances to minimize the negative impact his erratic behavior may have on undecided voters in swing states.

Throughout history, fascist governments have had a similar reliance on the use of lies as a weapon to take and retain power.

Former President Donald Trump is now openly fantasizing about deputizing death squads against Americans.

The recent decisions by two of the most influential national newspapers of record to not publish their endorsements of Vice President Kamala Harris says a lot about how seriously they take Trump’s threats to democracy and his promises of vengeance against his enemies.

On the eve of the historic November vote, it seems important to ask: What's wrong with men, how did we get here, and can we change this?

As Trump’s campaign grows increasingly bizarre, his team appears to be more tightly controlling his movements and carefully scripting his public appearances to minimize the negative impact his erratic behavior may have on undecided voters in swing states.

Throughout history, fascist governments have had a similar reliance on the use of lies as a weapon to take and retain power.

Former President Donald Trump is now openly fantasizing about deputizing death squads against Americans.

On the eve of the historic November vote, it seems important to ask: What's wrong with men, how did we get here, and can we change this?

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Former President Donald Trump is growing increasingly deranged, yet the media is asleep at the wheel.

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Right wing organizations, tech bros, alt finance and big oil are all helping to promote a surge in far right politics that are destabilizing the global order, and could end democracies on both sides of the Atlantic.

Former President Donald Trump is now openly fantasizing about deputizing death squads against Americans.

Throughout history, fascist governments have had a similar reliance on the use of lies as a weapon to take and retain power.