BILL ANALYSIS Ó ----------------------------------------------------------------- |SENATE RULES COMMITTEE | ACR 193| |Office of Senate Floor Analyses | | |(916) 651-1520 Fax: (916) | | |327-4478 | | ----------------------------------------------------------------- THIRD READING Bill No: ACR 193 Author: Calderon (D) and Low (D), et al. Amended: 6/30/16 in Assembly Vote: 21 ASSEMBLY FLOOR: Read and adopted, 6/30/16 SUBJECT: California Technology and Innovation Month SOURCE: Author DIGEST: This resolution proclaims the month of June as California Technology and Innovation Month. ANALYSIS: 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 ACR 193 Page 2 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. This resolution, in recognition of the innovation and technology economy, the month of June shall be proclaimed California Technology and Innovation Month, a special time for Californians to celebrate this ever-growing industry that is changing the way we view communication, health care, transportation, energy, travel, business, and much more. FISCAL EFFECT: Appropriation: No Fiscal Com.:NoLocal: No SUPPORT: (Verified8/3/16) None received OPPOSITION: (Verified8/3/16) None received ACR 193 Page 3 Prepared by: Jonas Austin / SFA / (916) 651-1520 8/3/16 19:51:08 **** END ****