Sacramento, CA — The tech industry makes up more than 10 percent of California’s economy and state officials want to foster that relationship.
In a historic move, Assemblymembers Ian Calderon (D-Whittier) and Evan Low (D-Silicon Valley) have created a California Legislative Technology and Innovation Caucus, which will discuss policy priorities aimed at strengthening the state’s innovation economy. Caucus Co-Chair Assemblymember Low shares who makes up the caucus, “This is a bi-cameral, bi-partisan caucus. It crosses generations. It crosses geography. It crosses many different aspects, as members have indicated a particular interest in this area or they represent a region that focuses on innovation and tech.”
The caucus touted that the growth of the technology industry in the state was as major contributor to California’s economic recovery, creating over five million jobs, directly and indirectly annually. Caucus Co-Chair Assemblymember Calderon explains, “The tech caucus will provide a platform for discussion on the hardest hitting policy proposals…A forum in which we use to protect consumers as much as we use to foster creativity and innovation.”
Caldron cited that California is home to over 46,300 tech companies and last year created 33,000 new tech jobs, the highest in the nation.