Michelle Rodriguez — Welcomed to the committee as a new member and thanked for joining quorum.
Michelle Rodriguez — Votes aye on AB 2366.
Michelle Rodriguez — Votes aye on the consent calendar item.
Lisa Calderon — Named as the author of AB 20488.
Josh Hoover — Named as the author of AB 2583.
Mark Gonzalez — Named as the author of ACR 129.
Mark Gonzalez — The transcript likely intended 'Assemblymember Haney'; the exact member is uncertain from the text provided, so this reference is left as questionable and not mapped to an ID.
Mark Gonzalez — The transcript likely intended a committee member asking for clarification; exact identity is uncertain, so no ID is assigned to the garbled speaker reference.
Mark Gonzalez — A committee member references comments similar to those made by Assemblymember Petri-Norris and says they will support the measure today.
Mark Gonzalez — A speaker appears to address 'Rodriguez' and then asks Mr. Haney to close; the transcript is unclear on the exact speaker identity.
Mike Fong — Assembly Member Mike Fong is introduced for AB 2745 and presents the bill, explaining that it modernizes California’s international trade and investment strategy and strengthens the state’s global economic leadership. He continues by introducing witnesses in support, thanking supporters, and asking whether there are additional witnesses. The chair then returns the matter to committee and invites Fong to close, and Fong concludes by thanking the chair and members and asking for an aye vote on the bill.
AB2745 — AB 2745 is introduced as the committee moves forward with the item, and the author accepts amendments while explaining that the bill modernizes California’s international trade and investment strategy. The discussion emphasizes California’s economic dependence on international trade, then outlines the bill’s policy changes, including updating the five-year strategic planning process, adding consultation with a global partnership advisory body, requiring public hearing review, and authorizing regional trade hubs across California. Witnesses are then introduced to testify in support, describing the bill as an essential upgrade to the state’s current trade plan and asking for an aye vote. Additional supporters, including California Forward, endorse the bill for its regional focus, technical assistance hubs, stakeholder advisory boards, and potential to bring trade services and investment support to the regional level. The author closes by reiterating that the bill modernizes California’s international trade and investment strategy.
AB2745 — The committee takes up AB 2745 (Fong) and moves do pass as amended to Appropriations. The measure is then approved 7-0 as amended and sent to Appropriations.
Pat Fong Shita — Pat Fong Shita, President and CEO of the California Asian Pacific Chamber of Commerce, testifies in support of the bill. She explains the chamber’s role and membership base, references its international trade missions including a recent trip to Japan, and argues that the bill would help strengthen supply chains and innovation. She concludes by urging an aye vote on AB 2745.
Kate Gordon — Kate Gordon, CEO of California Forward, testifies in support of the bill. She explains that California Forward’s regional focus aligns with the bill’s goals, highlights her prior role helping drive the California Jobs First Program, and says the bill would support regional trade-focused technical assistance hubs across the state. She argues it would help regionalize Go-Biz trade and international services and bring real-world stakeholder input into trade and international investment opportunities.
California Business Roundtable representative — States strong support on behalf of California's Business Roundtable.
Craig Scholar — States support on behalf of the Port of Long Beach.
David Alvarez — Possibly misrecognized as 'Ms. Soria'; the transcript indicates the committee is waiting for quorum and will entertain the motion soon.
David Alvarez — A speaker addressed Ms. Rodriguez and supported the bill while reserving judgment until amendments are seen in Banking.
David Alvarez — A motion is made by Mr. Rodriguez and seconded by Ms. Soria; the exact identities are uncertain from the transcript, but these are likely committee members.
AB2366 — AB 2366 is presented as a bill to require state agencies to evaluate cost-of-living and broader economic impacts when adopting regulations. Speakers describe it as improving the existing regulatory impact analysis process by adding cost-of-living considerations, using a consistent statewide methodology, requiring independent review, and identifying less costly alternatives or tracking regulatory burdens. Supporters argue the bill will improve transparency, accountability, affordability, and help avoid unintended consequences for residents and businesses. The chair asks for opposition, none is offered, and the committee then brings the bill up for a roll call vote with a do pass and re-refer motion to Judiciary.
AB2366 — AB 2366 (Avila Farias) is taken up for a do pass and re-refer motion to the Judiciary Committee, and the motion passes 7-0, resulting in the bill being re-referred to Judiciary.
Brenda Bass, KP Public Affairs / New California Coalition — Brenda Bass is introduced as a supporting witness for the New California Coalition, then begins her testimony in support of AB 2366 on behalf of the coalition through KP Public Affairs.
Sarah Bridges, California Manufacturers and Technology Association — Introduced as a witness testifying in support.
Brenda Bass — Brenda Bass, speaking on behalf of the New California Coalition and KP Public Affairs, testifies in support of AB 2366. She explains that California’s affordability crisis is worsened by the regulatory process and closes by urging an aye vote on the bill.
Sarah Bridges — Sarah Bridges is introduced as a witness with the California Manufacturers and Technology Association (CMTA), and then begins her testimony representing CMTA and its 45,000 companies and 1.2 million employees.
Jose Solache — José Solache was called during roll call, marked present, and later recorded as voting aye during the roll call vote.
Blanca Pacheco — Called during roll call; transcript is unclear on response.
Blanca Pacheco — The speaker thanked Ms. Soria for her comments and referenced her support for legislative review.
Blanca Pacheco — The speaker indicates support if the bill is amended to remove public bank licensing language.
Blanca Pacheco — The roll call includes votes from members, including Soria and Wallace voting no; the transcript is partially garbled.
Blanca Pacheco — The speaker asks whether Ms. Petri-Norris is coming back before closing the meeting.
Blanca Pacheco — The meeting is about to close, but the speaker asks whether Ms. Petri-Norris is returning.
Blanca Pacheco — Petri-Norris is recorded voting aye on the listed items.
Sharon Quirk-Silva — Sharon Quirk-Silva is called during roll call and marked present, later recorded as voting aye, then identified as making the motion on the consent calendar with Mr. Wallace seconding, and finally recorded as voting aye on the consent calendar item.
AB2048 — Consent calendar item; motion is do pass to Appropriations with recommendation to consent calendar.
AB2583 — AB 2583 (Hoover) was taken up as a consent calendar item, with a motion to do pass and re-refer it to the Privacy and Consumer Protection Committee with a recommendation for the consent calendar.
ACR129 — Consent calendar item being voted on.
AB2243 — AB 2243 is presented and discussed as a bill to create a commission that would study whether and how California could establish a state-owned public bank. Supporters describe it as a needed financing tool for California’s clean-energy transition and broader fiscal needs, arguing it would provide evidence-based answers about capitalization, timelines, return on investment, and costs and benefits. They also respond to criticism by clarifying that the bill does not itself create a bank, does not bypass regulatory review, and does not take deposits away from existing banks or credit unions. The discussion concludes with multiple witnesses urging support and an aye vote on AB 2243.
AB2243 — AB 2243 is discussed as a study-oriented measure aimed at helping Californians save money and prompting a thoughtful reexamination of the role of state banks, including concerns about public bank licensing timelines. The committee then takes up the bill for a do-pass recommendation and referral, and later returns to it for final action, where AB 2243 passes 7-0 and is referred to the Committee on Finance.
Sylvia Chi — Sylvia Chi of the California Public Banking Alliance is introduced as a witness in support of the bill and then provides testimony. She identifies herself and her organization, then responds to criticism from the California Bankers Association by clarifying that the bill creates a commission rather than a bank.
Will Breger / Will Brigger — Will Breger/Will Brigger is identified as a witness in support from Climate Action California and 350 Sacramento, then testifies in favor of the bill, describing it as a pragmatic step toward a public bank and framing it as part of broader climate solutions.
California Public Banking Alliance representative — Closes by requesting support for AB 2243 on behalf of the alliance.
Goli Saba — States support for AB 2243 on behalf of the California Public Banking Alliance and more than 110 organizations.
Doug McPherson — Begins testimony on behalf of Indivisible.
Dr. McPherson — Testified in support on behalf of Indivisible California, State Strong, and 86 Indivisible groups.
Glenn Garfunkel — Testified in support on behalf of Climate Reality, Silicon Valley Chapter.
Nancy Price — Testified in strong support as co-chair of the Alliance for Democracy, co-convener of the Massachusetts Public Bank Alliance, and representative of the Women's International League for Peace and Freedom.
Megan Shumway — Megan Shumway, representing Sacramento 350 and the Climate Coalition in Sacramento, testified in strong support.
Brett Garrett — Brett Garrett testified in strong support of AB 2243 on behalf of the California Alliance for Community Energy, Santa Cruz Climate Action Network, and the Climate Alliance of Santa Cruz County.