BILL NUMBER: AB 1460	CHAPTERED
	BILL TEXT

	CHAPTER  164
	FILED WITH SECRETARY OF STATE  JULY 24, 2012
	APPROVED BY GOVERNOR  JULY 24, 2012
	PASSED THE SENATE  JULY 6, 2012
	PASSED THE ASSEMBLY  MAY 3, 2012

INTRODUCED BY   Assembly Member Huber

                        JANUARY 9, 2012

   An act to amend Section 13996.55 of, and to repeal Chapter 1.5
(commencing with Section 12095) of Part 2 of Division 3 of Title 2
of, the Government Code, relating to state government.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1460, Huber. California Commission on Industrial Innovation.
   Existing law establishes the California Commission on Industrial
Innovation within the office of the Governor in order to encourage
industrial innovation, and to develop policies that maintain
California's leadership in the national economy and retain its
international competitive position, as specified. The commission is
required to, among other things, identify the means of financing
innovative industry, including, but not limited to, public and
private pension funds and industrial development bonds, hold hearings
on its findings, and carry out other specified duties.
   This bill would repeal those provisions, and make a conforming
change.



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

  SECTION 1.  Chapter 1.5 (commencing with Section 12095) of Part 2
of Division 3 of Title 2 of the Government Code is repealed.
  SEC. 2.  Section 13996.55 of the Government Code, as amended by
Section 9 of Chapter 31 of the Statutes of 2011, is amended to read:
   13996.55.  (a) The Secretary of Business, Transportation and
Housing shall provide to the Legislature, not later than February 1,
2008, a strategy for international trade and investment that, at a
minimum, includes all of the following:
   (1) Policy goals, objectives, and recommendations necessary to
implement a comprehensive international trade and investment program
for the State of California. This information shall be provided in a
fashion that clearly indicates priority within the overall strategy.
   (2) Measurable outcomes and timelines for the goals, objectives,
and actions for the international trade and investment program.
   (3) Identification of impediments for achieving goals and
objectives.
   (4) Identification of key stakeholder partnerships that will be
used in implementing the strategy.
   (5) Identification of options for funding recommended actions.
   (6) Identification of an international trade and investment
organizational structure for the state administration of
international trade and investment policies, programs, and services.
   (b) In the course of developing the strategy, the secretary shall
also consult with other agencies, boards, and commissions that have
statutory responsibilities related to workforce development,
infrastructure, business, and international trade and investment
including, but not limited to, the Office of the Small Business
Advocate, the California Transportation Commission, the California
Community Colleges, the University of California, the California
State University, the Workforce Investment Board, the Employment
Training Panel, and the California Energy Commission.
   (c) The strategy shall be submitted to the Chief Clerk of the
Assembly and the Secretary of the Senate. A copy of the strategy
shall be provided to the Speaker of the Assembly, the President pro
Tempore of the Senate, and the chairs of the Assembly Committee on
Jobs, Economic Development, and the Economy and the Senate Committee
on Business, Professions and Economic Development, or the successor
committees with jurisdiction over international trade and economic
development programs.
   (d) (1) The strategy shall be reviewed in at least one public
hearing by the relevant policy and fiscal committees of each house of
the Legislature. The hearings shall be held within 60 days of the
strategy being submitted to the Legislature. If the strategy is
submitted when the Legislature is in recess, the hearings shall occur
within 60 days of the members convening.
   (2) The legislative committees may make recommendations to the
secretary on the strategy, and the secretary may modify the strategy
accordingly.
   (e) The secretary shall report to the fiscal committees of the
Legislature on or before February 1, 2009, and by that date each year
thereafter, on how the Governor's proposed budget relates to the
strategy.
   (f) The strategy shall be updated pursuant to the procedures of
this section at least once every five years.