BILL ANALYSIS                                                                                                                                                                                                    

                                                                    AB 2664

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          Date of Hearing:  May 11, 2016


                               Lorena Gonzalez, Chair

          2664 (Irwin) - As Amended April 26, 2016

          |Policy       |Higher Education               |Vote:|12 - 1       |
          |Committee:   |                               |     |             |
          |             |                               |     |             |
          |             |                               |     |             |
          |             |Jobs, Economic Development,    |     |9 - 0        |
          |             |and the Economy                |     |             |
          |             |                               |     |             |
          |             |                               |     |             |

          Urgency:  No  State Mandated Local Program:  NoReimbursable:  No


          This bill requires the University of California (UC), subject to  
          appropriation by the Legislature, to fund innovation and  
          entrepreneurship programs at each UC campus and at the Lawrence  
          Berkeley National Laboratory (LBNL), and in other areas of the  
          state that may benefit from these programs.


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          FISCAL EFFECT:

          General Fund cost pressure, at least in the low tens of millions  
          of dollars to fund activities at 10 UC campuses and the LBNL,  
          and potentially other areas of the state. A prior version of  
          this bill included at $66 million General Fund appropriation, to  
          be available in equal increments over three fiscal years,  
          equivalent to $2 million per year to each of the 11 UC sites.


          Purpose. As the research arm of the state, the UC has driven  
          innovation and economic growth.  According to the UC, it is now  
          the world's academic leader in the number or research  
          inventions, with 1,700 reported in 2014.  The UC continues to be  
          the launching platform for a numerous startup companies that  
          stimulate the economic and job growth in California.

          According to the UC, specific investments are needed so that the  
          pace can be maintained to keep up with the demand for innovation  
          and entrepreneurial infrastructure, resources, and support  
          programs.  The UC contends that the investments will leverage UC  
          research in two ways: by providing researchers with the  
          necessary tools to turn their ideas into job-providing  
          companies; and by organizing research systemwide in order to  
          address the various challenges facing California.

          Analysis Prepared by:Chuck Nicol / APPR. / (916)  


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