BILL ANALYSIS Ó ACR 193 Page 1 ASSEMBLY THIRD READING ACR 193 (Calderon and Low) As Amended June 10, 2016 Majority vote ------------------------------------------------------------------ |Committee |Votes|Ayes |Noes | | | | | | | | | | | | | | | | |----------------+-----+----------------------+--------------------| |Rules |10-0 |Gordon, Chang, | | | | |Arambula, Cooley, | | | | |Gomez, Holden, Jones, | | | | |Quirk, Rodriguez, | | | | |Waldron | | | | | | | | | | | | ------------------------------------------------------------------ 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. ACR 193 Page 2 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. 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 Analysis Prepared by: Nicole Willis / RLS. / (916) 319-2800 FN: 0003469 ACR 193 Page 3