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It became law on Sep 19, 2025.

CA SB 254 · Senate Bill · 2025–2026

Stage
Became law
Started in
Senate
Sponsors
3
Latest action
Sep 19, 2025

What it does

(1) Existing law establishes the Governor's Office of Business and Economic Development (GO-Biz) within the Governor's office and requires the office to serve the Governor as the lead entity for economic strategy and the marketing of California on issues relating to business development, private sector investment, and economic growth, as provided. Existing law, the Bergeson-Peace Infrastructure and Economic Development Bank Act (bank act) , establishes the California Infrastructure and Economic Development Bank (I-Bank) within GO-Biz, under the direction of an executive director and governed by, and its corporate power exercised by, a board of directors (bank board) . Existing law, among…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 19, 2025

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

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