Bill Commons

CA SB 25

enacted

Antitrust: premerger notification.

California · 2025-2026 Regular Session · upper

Quick answers

Did CA SB 25 pass?

Yes. CA SB 25 has been enacted into law as of 2026-02-10. Latest recorded action (2026-02-10): Chaptered by Secretary of State. Chapter 3, Statutes of 2026.

What is CA SB 25 about?

Existing law generally prohibits restraints on competition and authorizes the Attorney General to bring an action on behalf of the state or of any of its political subdivisions or public agencies, as specified. Existing federal law, the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (15 U.S.C. Sec. 18a) , before an acquisition of voting securities or assets, requires both parties to file notification of the acquisition and additional documentary material with the Federal Trade Commission and the federal Department of Justice, if, as a result of the acquisition, the acquiring person would hold voting securities or assets in excess of a specified value, except as specified. Existing federal law prohibits disclosure of the filed information, except as relevant to an administrative or judicial action or proceeding. This bill, the California Uniform Antitrust Premerger Notification Act, would require any person who is required to file a notification pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 to additionally file a copy of the federal form with the Attorney General if the person has its principal place of business in this state or has annual net sales in this state of the goods or services involved in the transaction of at least 20% of the above-described filing threshold. The bill would also require the person to file or provide the additional documentary material required under federal law, as specified. The bill would prohibit the Attorney General from disclosing the filed information, as specified, and would authorize the Attorney General to impose a civil penalty for a violation of the filing requirement. The bill would provide that its provisions only apply to premerger notifications filed on or after January 1, 2027. Existing constitutional provisions require that a statute that limits the right of access to the meetings of public bodies or the writings of public officials and agencies be adopted with findings demonstrating the interest protected by the limitation and the need for protecting that interest. This bill would make legislative findings to that effect.

Who sponsors CA SB 25?

Umberg is the primary sponsor of CA SB 25.

Description

Existing law generally prohibits restraints on competition and authorizes the Attorney General to bring an action on behalf of the state or of any of its political subdivisions or public agencies, as specified. Existing federal law, the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (15 U.S.C. Sec. 18a) , before an acquisition of voting securities or assets, requires both parties to file notification of the acquisition and additional documentary material with the Federal Trade Commission and the federal Department of Justice, if, as a result of the acquisition, the acquiring person would hold voting securities or assets in excess of a specified value, except as specified. Existing federal law prohibits disclosure of the filed information, except as relevant to an administrative or judicial action or proceeding. This bill, the California Uniform Antitrust Premerger Notification Act, would require any person who is required to file a notification pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 to additionally file a copy of the federal form with the Attorney General if the person has its principal place of business in this state or has annual net sales in this state of the goods or services involved in the transaction of at least 20% of the above-described filing threshold. The bill would also require the person to file or provide the additional documentary material required under federal law, as specified. The bill would prohibit the Attorney General from disclosing the filed information, as specified, and would authorize the Attorney General to impose a civil penalty for a violation of the filing requirement. The bill would provide that its provisions only apply to premerger notifications filed on or after January 1, 2027. Existing constitutional provisions require that a statute that limits the right of access to the meetings of public bodies or the writings of public officials and agencies be adopted with findings demonstrating the interest protected by the limitation and the need for protecting that interest. This bill would make legislative findings to that effect.

Introduced
2024-12-02
Latest action
2026-02-10 — Chaptered by Secretary of State. Chapter 3, Statutes of 2026.
Bill type
bill
Last updated

Subjects

Sponsors

  • Umbergauthor

Committees

Not provided by source.

Action timeline

  1. 2024-12-02

    Introduced. Read first time. To Com. on RLS. for assignment. To print.

    introduction,reading-1,referral-committee

  2. 2024-12-03

    From printer. May be acted upon on or after January 2.

  3. 2025-01-29

    Referred to Com. on JUD.

    referral-committee

  4. 2025-03-20

    Set for hearing April 8.

  5. 2025-03-25

    From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD.

    amendment-passage,committee-passage,reading-1,reading-2,referral-committee

  6. 2025-04-09

    From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 12. Noes 0. Page 704.) (April 8).

    amendment-passage,committee-passage,committee-passage-favorable,referral-committee

  7. 2025-04-10

    Read second time and amended. Re-referred to Com. on APPR.

    amendment-passage,reading-1,reading-2,referral-committee

  8. 2025-04-17

    Set for hearing April 28.

  9. 2025-04-28

    April 28 hearing: Placed on APPR. suspense file.

  10. 2025-05-16

    Set for hearing May 23.

  11. 2025-05-23

    Read second time. Ordered to third reading.

    reading-1,reading-2,reading-3

  12. 2025-05-23

    From committee: Do pass. (Ayes 6. Noes 0. Page 1187.) (May 23).

    committee-passage,committee-passage-favorable

  13. 2025-05-27

    Ordered to second reading.

    reading-1,reading-2

  14. 2025-05-27

    Read third time and amended.

    amendment-passage,reading-1,reading-3

  15. 2025-05-28

    Read second time. Ordered to third reading.

    reading-1,reading-2,reading-3

  16. 2025-06-02

    Read third time. Passed. (Ayes 36. Noes 1. Page 1378.) Ordered to the Assembly.

    passage,reading-1,reading-3

  17. 2025-06-03

    In Assembly. Read first time. Held at Desk.

    reading-1

  18. 2025-06-09

    Referred to Com. on JUD.

    referral-committee

  19. 2025-06-24

    From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (June 24). Re-referred to Com. on APPR.

    committee-passage,committee-passage-favorable,referral-committee

  20. 2025-07-09

    July 9 set for first hearing. Placed on APPR. suspense file.

  21. 2025-08-29

    From committee: Do pass. (Ayes 11. Noes 1.) (August 29).

    committee-passage,committee-passage-favorable

  22. 2025-09-02

    Read second time. Ordered to third reading.

    reading-1,reading-2,reading-3

  23. 2025-09-08

    Ordered to inactive file on request of Assembly Member Aguiar-Curry.

  24. 2026-01-12

    Notice of intention to remove from inactive file given by Assembly Member Aguiar-Curry.

  25. 2026-01-13

    From inactive file.

  26. 2026-01-13

    Ordered to third reading.

    reading-1,reading-3

  27. 2026-01-14

    Ordered to third reading.

    reading-1,reading-3

  28. 2026-01-14

    Read third time and amended.

    amendment-passage,reading-1,reading-3

  29. 2026-01-22

    Read third time. Passed. (Ayes 52. Noes 17. Page 3808.) Ordered to the Senate.

    passage,reading-1,reading-3

  30. 2026-01-22

    In Senate. Concurrence in Assembly amendments pending.

  31. 2026-02-02

    Assembly amendments concurred in. (Ayes 33. Noes 0. Page 3336.) Ordered to engrossing and enrolling.

    amendment-passage,committee-passage,committee-passage-favorable

  32. 2026-02-05

    Enrolled and presented to the Governor at 3 p.m.

    executive-receipt

  33. 2026-02-10

    Approved by the Governor.

    executive-signature

  34. 2026-02-10

    Chaptered by Secretary of State. Chapter 3, Statutes of 2026.

    became-law

Versions

  • 12/02/24 - Introduced — 2024-12-02Compare
  • 03/25/25 - Amended Senate — 2025-03-25Compare
  • 04/10/25 - Amended Senate — 2025-04-10Compare
  • 05/27/25 - Amended Senate — 2025-05-27Compare
  • 01/14/26 - Amended Assembly — 2026-01-14Compare
  • 02/03/26 - Enrolled — 2026-02-03Compare
  • 02/10/26 - Chaptered — 2026-02-10Compare
  • SB25Compare
  • (document, no version)Compare

Documents

Votes

  • Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations]

    2025-04-08 · pass · 12-0

    Member-level votes (13)
    • Weber Pierson: yes
    • Ashby: yes
    • Durazo: yes
    • Wahab: yes
    • Wiener: yes
    • Arreguín: yes
    • Laird: yes
    • Umberg: yes
    • Allen: yes
    • Stern: yes
    • Niello: yes
    • Caballero: yes
    • Valladares: other
  • Placed on suspense file

    2025-04-28 · pass · 7-0

    Member-level votes (7)
    • Seyarto: yes
    • Grayson: yes
    • Caballero: yes
    • Cabaldon: yes
    • Wahab: yes
    • Richardson: yes
    • Dahle: yes
  • Do pass

    2025-05-23 · pass · 6-0

    Member-level votes (7)
    • Caballero: yes
    • Seyarto: yes
    • Wahab: yes
    • Cabaldon: yes
    • Richardson: yes
    • Grayson: yes
    • Dahle: other
  • 3rd Reading

    2025-06-02 · pass · 36-1

    Member-level votes (40)
    • Menjivar: yes
    • Niello: yes
    • Pérez: yes
    • Rubio: yes
    • Padilla: yes
    • Alvarado-Gil: yes
    • Cervantes: yes
    • Wahab: yes
    • Choi: yes
    • Smallwood-Cuevas: yes
    • Wiener: yes
    • Jones: yes
    • Grayson: yes
    • Cortese: yes
    • Seyarto: yes
    • Ashby: yes
    • Gonzalez: yes
    • Arreguín: yes
    • Archuleta: yes
    • Umberg: yes
    • Becker: yes
    • Laird: yes
    • Durazo: yes
    • McGuire: yes
    • Ochoa Bogh: yes
    • Dahle: yes
    • Blakespear: yes
    • McNerney: yes
    • Allen: yes
    • Limón: yes
    • Caballero: yes
    • Grove: yes
    • Stern: yes
    • Weber Pierson: yes
    • Cabaldon: yes
    • Richardson: yes
    • Strickland: no
    • Valladares: other
    • Hurtado: other
    • Reyes: other
  • Do pass and be re-referred to the Committee on [Appropriations]

    2025-06-24 · pass · 10-0

    Member-level votes (12)
    • Bryan: yes
    • Pacheco: yes
    • Papan: yes
    • Garcia: yes
    • Zbur: yes
    • Dixon: yes
    • Kalra: yes
    • Harabedian: yes
    • Lee: yes
    • Connolly: yes
    • Tangipa: other
    • Sanchez: other
  • Do pass.

    2025-08-29 · pass · 11-1

    Member-level votes (15)
    • Elhawary: yes
    • Pellerin: yes
    • Fong: yes
    • Pacheco: yes
    • Calderon: yes
    • Arambula: yes
    • Mark González: yes
    • Wicks: yes
    • Caloza: yes
    • Ahrens: yes
    • Solache: yes
    • Dixon: no
    • Sanchez: other
    • Ta: other
    • Tangipa: other
  • SB 25 Umberg Senate Third Reading By Aguiar-Curry

    2026-01-22 · pass · 52-17

    Member-level votes (80)
    • Ahrens: yes
    • Mark González: yes
    • Gipson: yes
    • Rogers: yes
    • Ward: yes
    • Haney: yes
    • Hart: yes
    • Fong: yes
    • Elhawary: yes
    • Calderon: yes
    • Wilson: yes
    • Carrillo: yes
    • Bains: yes
    • Ransom: yes
    • Soria: yes
    • Michelle Rodriguez: yes
    • Berman: yes
    • Valencia: yes
    • Wicks: yes
    • Connolly: yes
    • Schultz: yes
    • Bauer-Kahan: yes
    • Bennett: yes
    • Papan: yes
    • Ávila Farías: yes
    • Aguiar-Curry: yes
    • Pacheco: yes
    • Boerner: yes
    • Alvarez: yes
    • Lee: yes
    • Stefani: yes
    • Caloza: yes
    • Sharp-Collins: yes
    • Ortega: yes
    • Solache: yes
    • Lowenthal: yes
    • Blanca Rubio: yes
    • Jackson: yes
    • Bryan: yes
    • Petrie-Norris: yes
    • Harabedian: yes
    • Gabriel: yes
    • Zbur: yes
    • McKinnor: yes
    • Pellerin: yes
    • Krell: yes
    • Irwin: yes
    • Ramos: yes
    • Patel: yes
    • Kalra: yes
    • Rivas: yes
    • Garcia: yes
    • Johnson: no
    • Dixon: no
    • Hoover: no
    • Hadwick: no
    • Tangipa: no
    • Macedo: no
    • Alanis: no
    • Gallagher: no
    • Jeff Gonzalez: no
    • Ta: no
    • Chen: no
    • Castillo: no
    • Ellis: no
    • Davies: no
    • Wallis: no
    • Patterson: no
    • DeMaio: no
    • Quirk-Silva: other
    • Celeste Rodriguez: other
    • Arambula: other
    • Muratsuchi: other
    • Nguyen: other
    • Lackey: other
    • Schiavo: other
    • Bonta: other
    • Addis: other
    • Sanchez: other
    • Flora: other
  • Unfinished Business SB25 Umberg Concurrence

    2026-02-02 · pass · 33-0

    Member-level votes (40)
    • McNerney: yes
    • Cabaldon: yes
    • Archuleta: yes
    • Limón: yes
    • Strickland: yes
    • Alvarado-Gil: yes
    • Ashby: yes
    • Wiener: yes
    • Grayson: yes
    • Becker: yes
    • Hurtado: yes
    • Allen: yes
    • Smallwood-Cuevas: yes
    • Cortese: yes
    • Arreguín: yes
    • Stern: yes
    • Durazo: yes
    • Blakespear: yes
    • Richardson: yes
    • Wahab: yes
    • Gonzalez: yes
    • Caballero: yes
    • Reyes: yes
    • Ochoa Bogh: yes
    • Cervantes: yes
    • Laird: yes
    • McGuire: yes
    • Weber Pierson: yes
    • Padilla: yes
    • Niello: yes
    • Pérez: yes
    • Umberg: yes
    • Menjivar: yes
    • Dahle: other
    • Valladares: other
    • Grove: other
    • Choi: other
    • Jones: other
    • Rubio: other
    • Seyarto: other

Related bills

No related bills recorded for this bill.

Official source

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T01:34:27.960412Z

Inspect retained evidence for changes recorded after evidence tracking began:

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