SB 697 California Senate · 2023-2024 Regular Session

Conspiracy against trade: punishment.

Summary
Existing law, known as the Cartwright Act, generally regulates trusts, which the act defines as a combination of capital, skill, or acts by 2 or more persons for certain purposes, including to create or carry out restrictions in trade or commerce. If a violator of the act is a corporation, the act punishes the violator by a fine of the greater of an amount not more than $1,000,000 and an amount related to the pecuniary gain from the violation or the pecuniary loss to another by the violation, as prescribed. If a violator of the act is an individual, the act punishes the violator by imprisonment of one, 2, or 3 years in a state prison or county jail, as specified, imprisonment of not more than one year in a county jail, by a fine of not more than the greater of $250,000 and an amount related to the pecuniary gain from the violation or the pecuniary loss to another by the violation, or by both a fine and imprisonment. This bill would, on or after January 1, 2026, increase the fine described above with respect to corporate violators to $100,000,000. The bill would also increase the term of imprisonment in a state prison or county jail described above to not more than 10 years and would increase the fine described above with respect to an individual violator to $1,000,000. By increasing the maximum term an individual violator could serve in a county prison, this bill would impose a state-mandated local program. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that, if the Commission on State Mandates determines that the bill contains costs mandated by the state, reimbursement for those costs shall be made pursuant to the statutory provisions noted above.
Bill status passed 3 of 5 stages cleared
Introduction
Feb 2023
Committee Review
Aug 2024
Senate Passage
May 2023
Assembly Passage
Governor
Introduced Feb 16, 2023 Last action Aug 15, 2024
Floor votes · Senate May 26, 2023

How they voted

32–2
Passed · 6 other
Total votes 40
May 26, 2023
D Democratic31
28 Yea 3
90% Yea
R Republican9
4 Yea 2 Nay 3
44% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
21
Key actions
1
Committee
6
Amendments
4
Aug 15, 2024
Assembly · Reported by committee
August 15 hearing: Held in committee and under submission.
Jul 3, 2024
Assembly · Amendment adopted
Read second time and amended. Re-referred to Com. on APPR.
Jul 2, 2024
Assembly · Amendment adopted
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 2.) (July 2).
Jun 10, 2024
Assembly · Referred to committee
Re-referred to Com. on JUD. pursuant to Assembly Rule 96.
May 20, 2024
Assembly · Amendment adopted
From committee with author's amendments. Read second time and amended. Re-referred to Com. on INS.
Jun 21, 2023
Assembly · Amendment adopted
From committee with author's amendments. Read second time and amended. Re-referred to Com. on INS.
Jun 8, 2023
Assembly · Referred to committee
Referred to Com. on INS.
May 26, 2023
Senate · Passed
Read third time. Passed. (Ayes 32. Noes 2. Page 1328.) Ordered to the Assembly.
May 18, 2023
Senate · Reported by committee
From committee: Do pass. (Ayes 6. Noes 1. Page 1180.) (May 18).
Apr 20, 2023
Senate · Reported by committee
From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 0. Page 833.) (April 19). Re-referred to Com. on APPR.
Mar 1, 2023
Senate · Referred to committee
Referred to Com. on L., P.E. & R.
Feb 16, 2023
Senate · Introduced
Introduced. Read first time. To Com. on RLS. for assignment. To print.
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Melissa Hurtado
Melissa Hurtado
DDemocratic
CA
16