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TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 3. EXECUTIVE DEPARTMENT 11000-15986›PART 2. CONSTITUTIONAL OFFICERS 12001-12790›CHAPTER 1.6. Governor’s Office of Business and Economic Development 12096-12100.69›ARTICLE 6.2. California Innovation Initiatives 12099-12099.7

§ 12099.7

California Government Code · 2018-11 edition · updated 2026-10-04 · California

The 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 Governor’s Office of Business and Economic Development for California Innovation Initiatives from gifts, bequests, or donations shall be deposited in the Innovation Accelerator Account. Notwithstanding Section 13340, the moneys in the account are continuously appropriated to the office to be used for California Innovation Initiatives pursuant to the terms of the gift, bequest, or donation.

(Added by Stats. 2013, Ch. 530, Sec. 1. (AB 250) Effective January 1, 2014.)

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