California AB940 mandates the development of industry strategies for strategic sectors, focusing on quantum technology.

California AB940 requires the development of industry strategies for strategic sectors identified in the California Jobs First State Economic Blueprint. These strategies aim to build on California's comparative advantage, focusing on sectors like quantum technology. The strategies will outline necessary activities and investments to ensure growth, including access to tax incentives, grants, and workforce training programs. The office must prioritize the quantum technology strategy and submit it to the Legislature by July 1, 2026.

California AB940 mandates the development of industry strategies for strategic sectors, focusing on quantum technology.

California AB940 requires the development of industry strategies for strategic sectors identified in the California Jobs First State Economic Blueprint. These strategies aim to build on California's comparative advantage, focusing on sectors like quantum technology. The strategies will outline necessary activities and investments to ensure growth, including access to tax incentives, grants, and workforce training programs. The office must prioritize the quantum technology strategy and submit it to the Legislature by July 1, 2026.