AB 412, as amended, Allen. International trade.
The Economic Revitalization Act establishes the Governor's Office of Business and Economic Development, also known as “GO-Biz,” to, among other duties, serve the Governor as the lead entity for economic strategy and the marketing of California on issues relating to business development, private sector investment, and economic growth.begin insert Existing law requires the director of GO-Biz to develop and implement certain programs promoting international trade and investment, and to update every 5 years a strategy for international trade and investment.end insert
This bill would require the director of GO-Bizbegin delete, on or before October 1, 2015,end delete to submitbegin insert
to the legislature, on or before October 1, 2015end insertbegin insert,end insert a study on the potential roles of the state in global marketsbegin delete to the Legislatureend delete, as specified. This bill would require the study to include, among other information, recommendations for priorities of state activities and funding related to international trade and investment, and an analysis of recommendations made in a similar study published in 2007.begin insert This bill would require the director to update the study on or before October 1, 2018, and every 5 years thereafter.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 begin delete12096.4.5 end deletebegin insert13996.66end insert is added to the 2Government Code, to read:
(a) On or before October 1, 2015, the director shall complete a study on the potential roles of the state in global markets.begin insert The study shall be used to inform and guide the office in undertaking its activities pursuant to this chapter, including, but not limited to, the development and implementation of the strategy and its updates required by Section 13995.55.end insert
(b) The study shall include, but not be limited to, all of the following:
(1) A discussion of California’s economy and its relationship to global markets, including, but not limited to, identification of current and emerging trends, industries, services, and areas of comparative advantage.
(2) An inventory and gap analysis of existing programs and services provided by local, state, federal, and private entities, that serve, or could serve, businesses in opening new foreign markets for their products, attracting foreign investment to their businesses, or generally assisting California businesses in global markets.
(3) An assessment and gap analysis of the current and future physical and human infrastructure related to foreign trade and investment markets, and the appropriate role for state government to improve the infrastructure needs.
(4) The results of a survey of businesses on their needs and priorities related to foreign trade and investment. The study may rely on current surveys prepared by trade organizations or academic centers dedicated to economic development, or other surveys, as appropriate.
(5) An examination of how best to coordinate and leverage existing local, state, and federal organizations, programs, and services related to international trade and investment.
(6) An assessment of unique opportunities and challenges in developing businesses and attracting investment along the border and in historically underserved urban and rural areas.
(c) (1) The study shall include recommendations on policies, programs, and funding needs for the next three years, seven years, and over the long term.
(2) Recommendations may include infrastructure improvements, workforce training needs, incentives for business or investors, andbegin insert the end insert need for international trade and investment offices in relation to the international trade and investment needs of the state.
(3) To the extent international trade and investment offices are found to be appropriate, the study may make general recommendations on the administration, oversight, and mission or missions of those kinds of offices.
(4)
end deletebegin insert(end insertbegin insert3)end insert The study shall recommend priorities for state activities and funding related to international trade and investment. The priorities shall be based on the assessment of current and emerging market trends, the inventory and gap analysis of programs and services, the assessment of current and future infrastructure and workforce needs, and input by the business community.
(5) The study shall recommend an organizational structure for the state administration of international trade and investment policies, programs, and services.
end delete(6)
end deletebegin insert(end insertbegin insert4)end insert The study shall include a review of a report entitled, “Toward a California Trade and Investment Strategy, Potential Roles for the State in Global Market Development” published by the Business, Transportation and Housing Agency on October 1, 2007, pursuant to the California International Trade and Investment Act of 2006 (Chapter 663 of the Statutes of 2006), and analyze whether the recommendations in that report proposed successful policies, programs, funding, priorities, and structure for state government to promote California businesses in global markets.
(d) During the course of the study, the director shall 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 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.
(e) On or before October 1, 2015, the director shall submit the study to the Legislature in compliance with Section 9795. The director shall alsobegin insert post the study on the Internet Web site of the office andend insert deliver abegin delete copy ofend deletebegin insert
written notice thatend insert the studybegin insert was postedend insert to 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.
(f) (1) The director shall update the study on or before October 1, 2018, and every five years after that date.
end insertbegin insert(2) To maintain consistency with the requirements of this section and Section 13996.55, regardless of the deadlines in paragraph (1), the director shall prepare the updates to the study or its updates required by this section before he or she completes the study or its updates required by Section 13996.55.
end insertbegin insert(g)end insertbegin insert end insertbegin insertFor purposes of this section, the following definitions shall apply:end insert
begin insert(1) “Director” means the Director of the Governor’s Office of Business and Economic Development.
end insertbegin insert(2) “Office” means the Governor’s Office of Business and Economic Development.
end insertO
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