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CA SB697
Bill
Status
Engrossed
5/26/2023
Primary Sponsor
Melissa Hurtado
Click for details
AI Summary
- Increases maximum fine for corporate violators of the Cartwright Act from $1,000,000 to $100,000,000, effective January 1, 2026
- Increases maximum prison sentence for individual violators from 3 years to 10 years in state prison or county jail, effective January 1, 2026
- Increases maximum fine for individual violators from $250,000 to $1,000,000, effective January 1, 2026
- Allows violators to be fined up to twice the amount of pecuniary gain or loss derived from violations
- Requires state reimbursement to local agencies and school districts for any state-mandated costs resulting from increased county jail imprisonment terms
Legislative Description
Conspiracy against trade: punishment.
Last Action
August 15 hearing: Held in committee and under submission.
8/15/2024
Committee Referrals
Appropriations7/2/2024
Judiciary6/10/2024
Insurance6/8/2023
Appropriations4/20/2023
Labor, Public Employment and Retirement3/1/2023
Rules2/16/2023
Full Bill Text
No bill text available