SB 431, as introduced, Price. Local government: economic development.
Existing law provides for various economic development programs that foster community sustainability and community and economic development initiatives throughout the state.
This bill would express the intent of the Legislature to enact legislation that would implement a regional pilot program or programs in low income regions of the state that would encourage the growth of a unique industry not common to that region, and retrain the community through social innovative financing to meet the industry’s workforce needs.
Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.
The people of the State of California do enact as follows:
It is the intent of the Legislature to enact
2legislation that would implement a regional pilot program or
3programs in low income regions of the state that would encourage
4the growth of a unique industry not common to that region, and
5retrain the community through social innovative financing to meet
6the industry’s workforce needs.
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