SB 763: Conspiracy against trade: punishment.

Official summary

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

Existing law, known as the Cartwright Act, generally regulates trusts, which the act defines as a combination of capital, skill, or acts by 2 or more persons for certain purposes, including to create or carry out restrictions in trade or commerce. If a violator of the act is a corporation, the act punishes the violator by a fine of the greater of an amount not more than $1,000,000 and an amount related to the pecuniary gain from the violation or the pecuniary loss to another by the violation, as prescribed. If a violator of the act is an individual, the act punishes the violator by imprisonment of one, 2, or 3 years in a state prison or county jail, as specified, imprisonment of not more than one year in a county jail, by a fine of not more than the greater of $250,000 and an amount related to the pecuniary gain from the violation or the pecuniary loss to another by the violation, or by both a fine and imprisonment.

This bill would increase the fine described above with respect to corporate violators to $6,000,000. The bill would also increase the fine described above with respect to an individual violator to $1,000,000. The bill would impose an additional civil penalty of $1,000,000 on a person, corporation, or business entity for violating the act, as prescribed. The bill would also make a technical change.

Sponsors

Sponsors by party (alphabetical): Democratic 1

“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. October 6, 2025Chaptered by Secretary of State. Chapter 426, Statutes of 2025.
2. October 6, 2025Approved by the Governor.
3. September 23, 2025Enrolled and presented to the Governor at 2 p.m.
4. September 13, 2025Assembly amendments concurred in. (Ayes 29. Noes 8. Page 3020.) Ordered to engrossing and enrolling.
5. September 12, 2025In Senate. Concurrence in Assembly amendments pending.
6. September 12, 2025Read third time. Passed. (Ayes 53. Noes 20. Page 3400.) Ordered to the Senate.
7. September 3, 2025Read second time. Ordered to third reading.
8. September 2, 2025Read second time and amended. Ordered to second reading.
9. August 29, 2025From committee: Do pass as amended. (Ayes 10. Noes 4.) (August 29).
10. August 20, 2025August 20 set for first hearing. Placed on APPR. suspense file.
11. July 16, 2025From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 2.) (July 15). Re-referred to Com. on APPR.
12. July 2, 2025From committee: Do pass and re-refer to Com. on PUB. S. (Ayes 8. Noes 3.) (July 1). Re-referred to Com. on PUB. S.