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.
California SB 25 (20252026) — Antitrust: premerger notification.
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.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
SB 25 Umberg Senate Third Reading By Aguiar-Curry — 52–17 (pass) · lower
Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] — 12–0 (pass) · upper
Do pass — 6–0 (pass) · upper
Placed on suspense file — 7–0 (pass) · upper
Unfinished Business SB25 Umberg Concurrence — 33–0 (pass) · upper
Do pass and be re-referred to the Committee on [Appropriations] — 10–0 (pass) · lower
3rd Reading — 36–1 (pass) · upper
Sponsors
Umberg — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2024-12-02 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
2024-12-03 From printer. May be acted upon on or after January 2.
2025-01-29 Referred to Com. on JUD. referral-committee
2025-03-20 Set for hearing April 8.
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
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
2025-04-10 Read second time and amended. Re-referred to Com. on APPR. amendment-passage, reading-1, reading-2, referral-committee
2025-04-17 Set for hearing April 28.
2025-04-28 April 28 hearing: Placed on APPR. suspense file.
2025-05-16 Set for hearing May 23.
2025-05-23 From committee: Do pass. (Ayes 6. Noes 0. Page 1187.) (May 23). committee-passage, committee-passage-favorable
2025-05-23 Read second time. Ordered to third reading. reading-1, reading-2
2025-05-27 Read third time and amended. amendment-passage, reading-1, reading-3
2025-05-27 Ordered to second reading.
2025-05-28 Read second time. Ordered to third reading. reading-1, reading-2
2025-06-02 Read third time. Passed. (Ayes 36. Noes 1. Page 1378.) Ordered to the Assembly. passage, reading-1, reading-3
2025-06-03 In Assembly. Read first time. Held at Desk. reading-1
2025-06-09 Referred to Com. on JUD. referral-committee
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
2025-07-09 July 9 set for first hearing. Placed on APPR. suspense file.
2025-08-29 From committee: Do pass. (Ayes 11. Noes 1.) (August 29). committee-passage, committee-passage-favorable
2025-09-02 Read second time. Ordered to third reading. reading-1, reading-2
2025-09-08 Ordered to inactive file on request of Assembly Member Aguiar-Curry.
2026-01-12 Notice of intention to remove from inactive file given by Assembly Member Aguiar-Curry.
2026-01-13 From inactive file.
2026-01-13 Ordered to third reading.
2026-01-14 Read third time and amended. amendment-passage, reading-1, reading-3
2026-01-14 Ordered to third reading.
2026-01-22 Read third time. Passed. (Ayes 52. Noes 17. Page 3808.) Ordered to the Senate. passage, reading-1, reading-3
2026-01-22 In Senate. Concurrence in Assembly amendments pending.
2026-02-02 Assembly amendments concurred in. (Ayes 33. Noes 0. Page 3336.) Ordered to engrossing and enrolling. amendment-passage, committee-passage-favorable
2026-02-05 Enrolled and presented to the Governor at 3 p.m.
2026-02-10 Approved by the Governor. executive-signature
2026-02-10 Chaptered by Secretary of State. Chapter 3, Statutes of 2026. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/64ae97c0-edda-459d-af36-81f94d6e1377. Confidence: reported (aggregated from official California legislature records).