California 2021-2022 Regular Session

California Senate Bill SB690

Introduced
2/19/21  
Introduced
2/19/21  
Refer
3/3/21  
Failed
2/1/22  

Caption

The California aerospace industry.

Summary

Senate Bill 690, introduced by Senator Wilk, seeks to establish the California Aerospace Commission focused on enhancing the state's aerospace sector. The legislation aims to create a strategic space plan, addressing existing challenges to California's position as a leader in the aerospace industry, including competition from other states and declining in-state business. The bill underscores the importance of aerospace to California's economy, noting the significant employment and economic output generated by this high-technology manufacturing sector. The bill notes that the aerospace industry is a key contributor to California's economy, directly employing approximately 230,000 workers and supporting over half a million jobs in related sectors. Furthermore, the state ranks first in defense spending and is home to a substantial portion of the United States' aerospace engineering capabilities, indicating the critical role this industry plays. Another major aspect of SB 690 is the establishment of a special district within the Governor's Office of Business and Economic Development (GO-Biz). This district would promote sustainable growth and development of the aerospace industry through various means, including facilitating business financing, spaceport operations, and innovative educational programs designed to build a skilled workforce. While supporters argue that the creation of the Commission and associated initiatives could cement California's leadership in aerospace and stimulate economic growth, there may be concerns regarding funding, oversight, and the balance between state and local interests in aerospace development. The past dissolution of California's space authority adds a layer of complexity and implies a cautious approach may be necessary to ensure effective implementation without overlapping jurisdiction or resources.

Companion Bills

No companion bills found.

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