Cal. Gov. Code § 12099.7

Current through the 2024 Legislative Session.
Section 12099.7 - Innovation Accelerator Account

The Inclusive Innovation Accelerator Account is hereby created within the California Economic Development Fund in the State Treasury. Subject to the approval of the Department of Finance, all moneys collected and received by the office or the Governor's Office of Business and Economic Development on the office's behalf for California Inclusive Innovation Initiatives from gifts, bequests, or donations shall be deposited in the Inclusive Innovation Accelerator Account. Notwithstanding Section 13340, the moneys in the account are continuously appropriated to the office to be used for Accelerate California: Inclusive Innovation Initiatives pursuant to the terms of the gift, bequest, or donation.

Ca. Gov. Code § 12099.7

Amended by Stats 2022 ch 68 (SB 193),s 12, eff. 6/30/2022.
Amended by Stats 2021 ch 74 (SB 151),s 9, eff. 7/12/2021.
Added by Stats 2013 ch 530 (AB 250),s 1, eff. 1/1/2014.