AB 337, as amended, Allen. Economic development: international trade and investment strategy.
Existing law requires the Director of the Governor’s Office of Business and Economic Development to provide to the Legislature, no later than February 1, 2014, a strategy for international trade and investment that includes, among other things, policy goals, objectives, and recommendations for a comprehensive international trade and investment program for the state, and an identified organizational structure for the state administration of international trade and investment policies, programs, and services, as specified.
This bill would change that date to February 1, 2019, and additionally require the strategy to be based on current and emerging market conditions and the needs of investors, businesses, and workers to be competitive in global markets, as specified.begin insert This bill would authorize the strategy, to the extent relevant and feasible, to be based on existing studies and reports.end insert
Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no.
The people of the State of California do enact as follows:
Section 13996.55 of the Government Code is
2amended to read:
(a) The Director of the Governor’s Office of
4Business and Economic Development shall provide to the
5Legislature, not later than February 1, 2019, a strategy for
6international trade and investment that, at a minimum, includes
7all of the following:
8(1) Policy goals, objectives, and recommendations necessary
9to implement a comprehensive international trade and investment
10program for the state. This information shall be provided in a
11fashion that clearly indicates priority within the overall strategy.
12(2) Measurable outcomes and timelines for the goals, objectives,
13and actions for the international trade and investment
program.
14(3) Identification of impediments for achieving goals and
15objectives.
16(4) Identification of key stakeholder partnerships that will be
17used in implementing the strategy.
18(5) Identification of options for funding recommended actions.
19(6) Identification of an international trade and investment
20organizational structure for the state administration of international
21trade and investment policies, programs, and services.
22(b)begin insert end insertbegin insert(1)end insert The strategy shall be based on current and emerging
23market conditions
and the needs of investors, businesses, and
24workers to be competitive in globalbegin delete markets. In identifying and begin insert markets, as reflected
25evaluating these needs and conditions, the Governor’s Office of
26Business and Economic Development shallend delete
27in a framework that enables the Governor’s Office of Business
28and Economic Development toend insert evaluate current workforce, capital,
29marketing, infrastructure, research and development, and other
30needs of small and large firms, including, but not limited to,
31highways, airports, and rail that link businesses with the state’s
32ports of entry and foreign and domestic markets.begin delete This analysis
33shall, to the greatest extent possible, beend delete
P3 1begin insert(2)end insertbegin insert end insertbegin insertThe strategy may, to the extent relevant and feasible, beend insert
2 based on existing studies and reports, including, but not limited
3to, the Goods Movement Action Plan, the California Strategic
4Workforce Development Plan, the California Export of Recycled
5Materials Report, the California Five-Year Infrastructure Plan,
6and the Environmental Goals and Policy Report.
7(c) The strategy shall be submitted to the Chief Clerk of the
8Assembly and the Secretary of the Senate. A copy of the strategy
9shall be provided to the Speaker of the Assembly, the President
10pro Tempore of the Senate, and the chairs of the Assembly
11Committee
on Jobs, Economic Development, and the Economy
12and the Senate Committee on Business, Professions and Economic
13Development, or the successor committees with jurisdiction over
14international trade and economic development programs.
15(d) The strategy shall be updated pursuant to the procedures of
16this section at least once every five years.
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