BILL NUMBER: SB 897	CHAPTERED  10/06/05

	CHAPTER  604
	FILED WITH SECRETARY OF STATE  OCTOBER 6, 2005
	APPROVED BY GOVERNOR  OCTOBER 6, 2005
	PASSED THE SENATE  SEPTEMBER 6, 2005
	PASSED THE ASSEMBLY  AUGUST 30, 2005
	AMENDED IN ASSEMBLY  AUGUST 18, 2005
	AMENDED IN SENATE  APRIL 7, 2005

INTRODUCED BY   Senator Scott
   (Principal coauthors: Senators Poochigian and Speier)
   (Principal coauthors: Assembly Members Arambula and Frommer)
   (Coauthor: Senator Simitian)
   (Coauthors: Assembly Members Aghazarian and Liu)

                        FEBRUARY 22, 2005

   An act to amend Section 13997.1 of the Government Code, relating
to international trade.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 897, Scott  International trade and investment office: Yerevan.

   Existing law requires the Governor to instruct the Secretary of
Business, Transportation and Housing to establish, on a contract
basis, an international trade and investment office in Yerevan, in
the Republic of Armenia, subject to the availability of funds for
that purpose. The secretary is required to report to the Legislature
on the success of the international trade and investment office no
later than March 1, 2005. These provisions are repealed as of January
1, 2006.
   This bill would extend the reporting date to June 1, 2007, and the
repeal date to January 1, 2008.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:


  SECTION 1.  Section 13997.1 of the Government Code is amended to
read:
   13997.1.  (a) The Governor shall instruct the Secretary of
Business, Transportation and Housing to establish, on a contract
basis, an international trade and investment office in Yerevan, in
the Republic of Armenia, to serve the region of Eastern Europe and
Western Asia.
   (b) The secretary shall report to the Legislature on the success
of the international trade and investment office in Yerevan no later
than June 1, 2007. The report shall include, but not be limited to,
all of the following:
   (1) The level of investment and tourism directed to California as
a direct result of the international trade and investment office.
   (2) The level of imports sent to California as a direct result of
the international trade and investment office.
   (3) The level of California exports sent to the region of Eastern
Europe and Western Asia as a direct result of the international trade
and investment office.
   (4) A cost-benefit analysis of the international trade and
investment office.
   (5) An analysis of the costs and outcomes of the international
trade and investment office compared with those of the other
international trade and investment offices.
   (c) This section shall be implemented only to the extent that
funds are available to the Business, Transportation and Housing
Agency for this purpose from any source, including, but not limited
to, federal funding and private donations authorized pursuant to
Section 13997. Private donations made pursuant to Section 13997 and
specified for the international trade and investment office in
Yerevan shall be deposited in a separate subaccount within the
Economic Development and Trade Promotion Account and may be used only
for the operation of this office.
   (d) This section shall remain in effect only until January 1,
2008, and as of that date is repealed, unless a later enacted
statute, that is enacted before January 1, 2008, deletes or extends
that date.