BILL ANALYSIS �
AB 412
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Date of Hearing: May 1, 2013
ASSEMBLY COMMITTEE ON APPROPRIATIONS
Mike Gatto, Chair
AB 412 (Allen) - As Amended: April 17, 2013
Policy Committee: JEDE Vote:8-0
Urgency: No State Mandated Local Program:
No Reimbursable:
SUMMARY
This bill requires the Governor's Office of Business and
Economic Development (GO-Biz) to complete a study of the
potential roles for the state in global markets. Specifically,
this bill:
1)Requires GO-Biz to submit a study to the Legislature by
October 1, 2015 on the state's role in supporting
international trade and foreign investment including issues
related to infrastructure, workforce development, investor
incentives and business development.
2)Establishes requirements for the study and requires GO-Biz to
consult with other relevant agencies, boards, and commissions
that have statutory responsibilities related to workforce
development, infrastructure, business and international trade
and investment.
3)Requires the study be updated every five years.
FISCAL EFFECT
Estimated costs to GO-Biz of approximately $100,000 for
completion of the study.
COMMENTS
1)Purpose . The author notes a study was completed over five
years ago and recommendations were implemented to develop
international trade and further California's economic
opportunities. However, the author argues there is
insufficient follow up and review to ensure that the
AB 412
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implemented practices and recommendations are achieving their
goals and actually assisting in developing California's
economic opportunities. The author adds it is important to
take a retrospective look at the work that has been done since
the completion of the last study and a review of the policies,
practices and procedures that have been put in place to show
what is working. The author states once this information is
acquired, the Legislature and the state can better move
forward in attempts to provide more economic opportunities to
California's residents.
2)Support . The California Asian Pacific Chamber of Commerce
supports AB 412 because there has not been a review within the
last five years to ensure the state is meeting the implemented
practices and recommendations laid out in the California
International Trade and Investment Act of 2006.
3)The International Trade and Investment strategy (ITI). The
state completed an ITI Strategy in 2008 and the next strategy
is due in February of 2014. Similar to what is proposed in AB
412, the current ITI Strategy takes an industry sector
approach based on the state's core and emerging industries.
4)Related Legislation :
a) AB 337 (Allen) adds a required element to the state's
international trade and investment strategy. This bill is
in the Assembly Committee on Jobs, Economic Development and
the Economy.
b) AB 1081(Medina) integrates goods movement within the
states infrastructure planning including the Five-year
Infrastructure Plan and the state's international trade and
investment strategy. This bill is in the Assembly
Committee on Jobs, Economic Development and the Economy.
5)There is no registered opposition to this bill.
Analysis Prepared by : Roger Dunstan / APPR. / (916) 319-2081