The Silicon Valley Leadership Group

“The organization has 56 members.”

“Decisions made by the governing body are subject to approval by members.”

“The organization's cpa prepares and provides a draft of the form 990 to the organization's management. Management approves the draft and disseminates to the board of directors prior to filing the form 990.”

“The organization has an annual process for the board of directors to disclose all interests in other companies and organizations to ensure compliance with the conflict of interest policy.”

“The advisory committee of the board reviews the ceo's annual salary.”

“Documents are available upon request.”

“Energy: 100% clean energy by 2045 sb 100 (de leon) the leadership group supported sb 100 the bill increases the state's renewable portfolio standard for clean energy to 60% by 2030 and has the state set a goal of zero carbon generation of energy by 2045. Sb 100 was signed by governor brown. Environment: ab 1668 (friedman) and sb 606 (hertzberg) water conservation & drought preparedness: ab 1668 (friedman) and sb 606 (hertzberg) the leadership group worked with a coalition and lobbied for passage of these bills. Ab 1668 and sb 606 set permanent water efficiency standards and implement drought preparedness measures through a collaborative process between the state and local water agencies. These conjoined bills will help ensure our region and the state is well prepared for the next drought. The governor has signed these bills. Health policy: ab 2517 (wood & arambula) the establishment of an advisory panel was introduced as a bill and was ultimately funded in the state budget. The leadership group advocated for a package of health reform bills to increase access to care and sought a compromise that would identify alternatives to a costly single payer health care proposal. The advisory panel is a critical step in crafting effective, sustainable policy that can stabilize the health care market and provide universal access to quality care. Tech & innovation: sb 1121 sb 1121 clarified various sections of the recently-passed california consumer privacy act. Further, it capped violation penalties and delayed enforcement of the privacy act until the attorney general had sufficient time to weigh in on enforcement matters. This benefits member companies by, among other things, providing much needed clarity to the new privacy act, and limits their financial exposure in the event of an unintentional violation of the act.”

“The organization's board of directors oversee the compilation of the financial statements and the selection of an independent accountant. There have been no changes from prior year.”