California Senate Bill 25
Session 20252026
Antitrust: premerger notification.
Became Law
Became Law on Feb 10, 2026
Origin Chamber
Senate
Type
Bill
Bill Number
25
State
California
Session
20252026
Motion Text
Unfinished Business SB25 Umberg Concurrence
Senate Roll Call Votes
Yes
Yes
Other
Yes
Yes
Yes
Other
Other
Yes
Yes
Other
Other
Summary
Existing law generally prohibits restraints on competition and authorizes the Attorney General to bring an action on behalf of the state or of any of its political subdivisions or public agencies, as specified. Existing federal law, the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (15 U.S.C. Sec. 18a) , before an acquisition of voting securities or assets, requires both parties to file notification of the acquisition and additional documentary material with the Federal Trade Commission and the federal Department of Justice, if, as a result of the acquisition, the acquiring person would hold voting securities or assets in excess of a specified value, except as specified. Existing federal law prohibits disclosure of the filed information, except as relevant to an administrative or judicial action or proceeding.
This bill, the California Uniform Antitrust Premerger Notification Act, would require any person who is required to file a notification pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 to additionally file a copy of the federal form with the Attorney General if the person has its principal place of business in this state or has annual net sales in this state of the goods or services involved in the transaction of at least 20% of the above-described filing threshold. The bill would also require the person to file or provide the additional documentary material required under federal law, as specified. The bill would prohibit the Attorney General from disclosing the filed information, as specified, and would authorize the Attorney General to impose a civil penalty for a violation of the filing requirement. The bill would provide that its provisions only apply to premerger notifications filed on or after January 1, 2027.
Existing constitutional provisions require that a statute that limits the right of access to the meetings of public bodies or the writings of public officials and agencies be adopted with findings demonstrating the interest protected by the limitation and the need for protecting that interest.
This bill would make legislative findings to that effect.
12/02/24 - Introduced
December 2, 2024
03/25/25 - Amended Senate
March 25, 2025
04/10/25 - Amended Senate
April 10, 2025
05/27/25 - Amended Senate
May 27, 2025
01/14/26 - Amended Assembly
January 14, 2026
02/03/26 - Enrolled
February 3, 2026
02/10/26 - Chaptered
February 10, 2026
04/04/25- Senate Judiciary
April 4, 2025
04/25/25- Senate Appropriations
April 25, 2025
05/24/25- Sen. Floor Analyses
May 24, 2025
05/28/25- Sen. Floor Analyses
May 28, 2025
06/20/25- Assembly Judiciary
June 20, 2025
07/07/25- Assembly Appropriations
July 7, 2025
09/02/25- ASSEMBLY FLOOR ANALYSIS
September 2, 2025
01/15/26- ASSEMBLY FLOOR ANALYSIS
January 15, 2026
02/02/26- Sen. Floor Analyses
February 2, 2026
Sort by most recent
02/10/2026
California State Legislature
Chaptered by Secretary of State. Chapter 3, Statutes of 2026.
02/10/2026
California State Legislature
Approved by the Governor.
02/05/2026
California State Legislature
Enrolled and presented to the Governor at 3 p.m.
02/02/2026
Senate
Assembly amendments concurred in. (Ayes 33. Noes 0. Page 3336.) Ordered to engrossing and enrolling.
01/22/2026
Senate
In Senate. Concurrence in Assembly amendments pending.
01/22/2026
Assembly
Read third time. Passed. (Ayes 52. Noes 17. Page 3808.) Ordered to the Senate.
01/14/2026
Assembly
Ordered to third reading.
01/14/2026
Assembly
Read third time and amended.
01/13/2026
Assembly
Ordered to third reading.
01/13/2026
Assembly
From inactive file.
01/12/2026
Assembly
Notice of intention to remove from inactive file given by Assembly Member Aguiar-Curry.
09/08/2025
Assembly
Ordered to inactive file on request of Assembly Member Aguiar-Curry.
09/02/2025
Assembly
Read second time. Ordered to third reading.
08/29/2025
Assembly
From committee: Do pass. (Ayes 11. Noes 1.) (August 29).
07/09/2025
Assembly
July 9 set for first hearing. Placed on APPR. suspense file.
06/24/2025
Assembly
From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (June 24). Re-referred to Com. on APPR.
06/09/2025
Assembly
Referred to Com. on JUD.
06/03/2025
Assembly
In Assembly. Read first time. Held at Desk.
06/02/2025
Senate
Read third time. Passed. (Ayes 36. Noes 1. Page 1378.) Ordered to the Assembly.
05/28/2025
Senate
Read second time. Ordered to third reading.
05/27/2025
Senate
Ordered to second reading.
05/27/2025
Senate
Read third time and amended.
05/23/2025
Senate
Read second time. Ordered to third reading.
05/23/2025
Senate
From committee: Do pass. (Ayes 6. Noes 0. Page 1187.) (May 23).
05/16/2025
Senate
Set for hearing May 23.
04/28/2025
Senate
April 28 hearing: Placed on APPR. suspense file.
04/17/2025
Senate
Set for hearing April 28.
04/10/2025
Senate
Read second time and amended. Re-referred to Com. on APPR.
04/09/2025
Senate
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 12. Noes 0. Page 704.) (April 8).
03/25/2025
Senate
From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD.
03/20/2025
Senate
Set for hearing April 8.
01/29/2025
Senate
Referred to Com. on JUD.
12/03/2024
Senate
From printer. May be acted upon on or after January 2.
12/02/2024
Senate
Introduced. Read first time. To Com. on RLS. for assignment. To print.
Sources
Record Created
Dec 3, 2024 6:39:50 PM
Record Updated
Feb 26, 2026 8:37:28 AM