CA AB 940

Title: Quantum Innovation Zones.
Author: Timothy S. Grayson

Summary
AB 940, as amended, Wicks. Quantum Innovation Zones. Existing law establishes procedures for the formation of infrastructure financing districts, enhanced infrastructure financing districts, infrastructure and revitalization financing districts, and community revitalization and investment authorities, as specified, to undertake various economic development projects, including financing public facilities and infrastructure, affordable housing, and economic revitalization.This bill would authorize the establishment of a Quantum Innovation Zone by two or more cities and counties upon the adoption of a resolution by the legislative body of each city and county that states the intent of the city or county to participate in the Quantum Innovation Zone. The bill would require a Quantum Innovation Zone to be governed by a board of directors with a specified membership. The bill would task a Quantum Innovation Zone with various duties, including, among other things, identification of projects and programs that will best utilize public dollars and improve the economic vitality of the Quantum Innovation Zone in a coordinated effort to support the development of the quantum computing economy.The bill would require a Quantum Innovation Zone to create and maintain an internet website that is managed and updated by an entity designated by the board of directors, would require the board of directors to appoint a steering committee to produce a report each year gauging the progress of the zone, and would require the report to be posted on the zone’s internet website, as specified.Existing law requires an operator of an internet website, online service, online application, or mobile application (website) directed to minors or an operator of a website that has actual knowledge that a minor is using its website to take certain actions, including permitting a minor who is a registered user of the operator’s website to remove or, if the operator prefers, to request and obtain removal of, content or information posted on the operator’s website by the user.This bill would make nonsubstantive changes to those provisions.

Status
In Senate. Read first time. To Com. on RLS. for assignment.

Bill Documents
CA AB 940 - 03/24/25 - Amended Assembly
03/24/25 - CA AB 940 (03/24/25 - Amended Assembly)