BILL ANALYSIS Ó ACR 193 Page 1 Date of Hearing: June 16, 2016 ASSEMBLY COMMITTEE ON RULES Richard S. Gordon, Chair ACR 193 (Calderon) - As Amended June 10, 2016 SUBJECT: California Technology and Innovation Month SUMMARY: Proclaims the month of June as California Technology and Innovation Month. Specifically, this resolution makes the following legislative findings: 1)Technology, innovation, and an entrepreneurial spirit are woven into our identity as Americans. We are pioneers that always look beyond to the next frontier. From sending a man to the moon, to leading the Internet revolution, the world has always looked to America to lead into the future. 2)Innovation and technology are essential to achieving and maintaining economic prosperity in this increasingly competitive world, and our place as the most innovative nation on Earth cannot be taken for granted; we must stay focused on promoting growth and expanding opportunities for the next great idea. 3)The next great medicine, energy source, or communication platform is waiting to be discovered by the people of California. Our greatest asset, and the biggest driver of California innovation, is California's people, and we need laws that support and enable the people of California. ACR 193 Page 2 4)California leads the nation with nearly 1.1 million tech industry jobs and for each job created in the tech sector, approximately 4.3 jobs are created in other local goods and services sectors across all income groups, including lawyers, dentists, schoolteachers, cooks, and retail clerks, among many others. In California, industry and communication technology related businesses produce $172 billion in revenue. FISCAL EFFECT: None REGISTERED SUPPORT / OPPOSITION: Support California Life Sciences Association (CLSA) Opposition None on file Analysis Prepared by:Nicole Willis / RLS. / (916) 319-2800