California Assembly Bill 940
Session 20252026
Economic development: industry strategies.
Became Law
Became Law on Oct 3, 2025
Origin Chamber
Assembly
Type
Bill
Bill Number
940
State
California
Session
20252026
Motion Text
AB 940 WICKS Concurrence in Senate Amendments
Assembly Roll Call Votes
Yes
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Ávila Farías
Yes
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Johnson
Yes
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Other
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Other
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Other
Summary
Existing law establishes the Governor's Office of Business and Economic Development, also known as "GO-Biz," to, among other duties, serve the Governor as the lead entity for economic strategy and the marketing of California on issues relating to business development, private sector investment, and economic growth.
This bill would require GO-Biz to develop industry strategies for the strategic sectors identified in the California Jobs First State Economic Blueprint to ensure an industry-specific approach that builds on the strategies outlined in the blueprint and outlines the activities and investments necessary to ensure that these sectors continue to grow in California. The bill would require each industry strategy to include specified elements, including an industry overview outlining the current state of the industry, why it is critical to California, and the specific strategies that would lead to increased jobs and capital investments.
This bill would also require GO-Biz to develop an industry strategy for the quantum technology subsector identified in the blueprint and would authorize the department to develop industry strategies for the other subsectors identified in the blueprint. The bill would require GO-Biz to prioritize the industry strategy for quantum technology and submit a copy of the completed industry strategy to the Legislature on or before July 1, 2026, as provided.
02/19/25 - Introduced
February 19, 2025
03/24/25 - Amended Assembly
March 24, 2025
09/09/25 - Amended Senate
September 9, 2025
09/16/25 - Enrolled
September 16, 2025
10/03/25 - Chaptered
October 3, 2025
04/21/25- Assembly Economic Development, Growth, and Household Impact
April 21, 2025
05/12/25- Assembly Appropriations
May 12, 2025
05/15/25- ASSEMBLY FLOOR ANALYSIS
May 15, 2025
06/19/25- Senate Business, Professions and Economic Development
June 19, 2025
09/10/25- Senate Business, Professions and Economic Development
September 10, 2025
09/11/25- Senate Appropriations
September 11, 2025
09/12/25- Sen. Floor Analyses
September 12, 2025
09/13/25- ASSEMBLY FLOOR ANALYSIS
September 13, 2025
Sort by most recent
10/03/2025
California State Legislature
Chaptered by Secretary of State - Chapter 333, Statutes of 2025.
10/03/2025
California State Legislature
Approved by the Governor.
09/24/2025
California State Legislature
Enrolled and presented to the Governor at 3 p.m.
09/13/2025
Assembly
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 0. Page 3501.).
09/13/2025
Assembly
Assembly Rule 63 suspended. (Page 3484.)
09/13/2025
Assembly
Joint Rules 61(a)(14) and 51(a)(4) suspended. (Ayes 59. Noes 20. Page 3413.)
09/13/2025
Assembly
In Assembly. Concurrence in Senate amendments pending.
09/12/2025
Senate
Read third time. Passed. Ordered to the Assembly. (Ayes 36. Noes 0.).
09/12/2025
Senate
Senate Rule 29 suspended.
09/12/2025
Senate
Read second time. Ordered to third reading.
09/11/2025
Senate
From committee: Do pass. (Ayes 5. Noes 0.) (September 11).
09/10/2025
Senate
From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (September 10). Re-referred to Com. on APPR.
09/09/2025
Senate
Joint Rules 61 and 62(a) suspended. (Ayes 29. Noes 9.)
09/09/2025
Senate
Re-referred to Com. on B. P. & E.D.
09/09/2025
Senate
Re-referred to Com. on RLS.
09/09/2025
Senate
Withdrawn from committee.
09/09/2025
Senate
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on L. GOV.
09/09/2025
Senate
Senate Rule 29.3(b) suspended. (Ayes 27. Noes 8.)
06/23/2025
Senate
From committee: Do pass and re-refer to Com. on L. GOV. (Ayes 10. Noes 0.) (June 23). Re-referred to Com. on L. GOV.
06/11/2025
Senate
In committee: Hearing postponed by committee.
06/04/2025
Senate
Referred to Coms. on B. P. & E.D. and L. GOV.
05/28/2025
Senate
In Senate. Read first time. To Com. on RLS. for assignment.
05/27/2025
Assembly
Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1730.)
05/15/2025
Assembly
Read second time. Ordered to third reading.
05/14/2025
Assembly
From committee: Do pass. (Ayes 15. Noes 0.) (May 14).
04/22/2025
Assembly
From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (April 22). Re-referred to Com. on APPR.
04/22/2025
Assembly
Coauthors revised.
03/25/2025
Assembly
Re-referred to Com. on E.D., G., & H.I.
03/24/2025
Assembly
From committee chair, with author's amendments: Amend, and re-refer to Com. on E.D., G., & H.I. Read second time and amended.
03/24/2025
Assembly
Referred to Com. on E.D., G., & H.I.
02/20/2025
Assembly
From printer. May be heard in committee March 22.
02/19/2025
Assembly
Read first time. To print.
Sources
Record Created
Feb 20, 2025 5:59:24 AM
Record Updated
Oct 7, 2025 7:34:27 AM