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California · 2025–26 Regular Session · Assembly Bill

AB 940: Economic development: industry strategies.

Enacted Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

AB 940 is a assembly bill introduced in the California Assembly on February 19, 2025. According to its official title, it concerns: Economic development: industry strategies. Primary sponsor: Buffy Wicks (D), Stan Ellis (R), Josh Hoover (R). It lists 3 additional sponsors. Most recent recorded action (October 3, 2025): Chaptered by Secretary of State - Chapter 333, Statutes of 2025.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Legislative Counsel’s Digest (official, as of the latest version). Written by nonpartisan legislative staff; reproduced verbatim.

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.

Sponsors

Sponsors by party (alphabetical): Democratic 4 · Republican 2

NameRolePartyChamberDistrict
Buffy WicksPrimary sponsorDemocraticAssembly14
Stan EllisPrimary sponsorRepublicanAssembly32
Josh HooverPrimary sponsorRepublicanAssembly7
Jesse ArreguínCo-sponsorDemocraticSenate7
Timothy GraysonCo-sponsorDemocraticSenate9
Darshana R. PatelCo-sponsorDemocraticAssembly76

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Chaptered by Secretary of State - Chapter 333, Statutes of 2025.
  2. Approved by the Governor.
  3. Enrolled and presented to the Governor at 3 p.m.
  4. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 0. Page 3501.).
  5. Assembly Rule 63 suspended. (Page 3484.)
  6. Joint Rules 61(a)(14) and 51(a)(4) suspended. (Ayes 59. Noes 20. Page 3413.)
  7. In Assembly. Concurrence in Senate amendments pending.
  8. Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 3003.).
  9. Senate Rule 29 suspended. (Page 2961.)
  10. Read second time. Ordered to third reading.
  11. From committee: Do pass. (Ayes 5. Noes 0.) (September 11).
  12. From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (September 10). Re-referred to Com. on APPR.

Sources

  1. California Legislative Information — pubinfo database export
  2. Official bill page