BILL NUMBER: SB 928	AMENDED
	BILL TEXT

	AMENDED IN ASSEMBLY  JUNE 17, 2014
	AMENDED IN SENATE  APRIL 10, 2014

INTRODUCED BY   Senators Correa and Huff

                        JANUARY 29, 2014

   An act to  amend Section 13996.65 of, and to  add Section
13996.43 to ,  the Government Code, relating to economic
development, and making an appropriation therefor.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 928, as amended, Correa. International trade and investment
office: Mexico.
   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. Existing law authorizes the director of GO-Biz to establish
and terminate international trade and investment offices outside of
the United States as he or she determines is appropriate, if specific
requirements are met. Existing law establishes the Economic
Development and Trade Promotion Account, a continuously appropriated
account, to accept private moneys to fund international trade and
investment offices.
   This bill would, notwithstanding  any other law 
 provisions authorizing the director of GO-Biz to establish and
terminate international trade and investment offices outside of the
United States if specified conditions are satisfied,  and to the
extent private moneys are available, require the director of GO-Biz,
on or before January 1, 2016, to establish and operate  , or to
create a public-private partnership to establish and operate, 
an international trade and investment office in Mexico City, Mexico.
This bill would require the director of GO-Biz to include information
regarding the Mexico City trade and investment office in existing
reporting requirements relating to an International Trade and
Investment Program, as specified. This bill would require GO-Biz to
accept and administer private moneys through the Economic Development
and Trade Promotion Account. By expanding the use of a continuously
appropriated account, this bill would make an appropriation.
    This bill would require the Mexico City trade and investment
office to, among other things, promote the export of California goods
and services into Mexico and facilitate access to educational
exchange programs between California and Mexico. 
   Existing law requires the director of GO-Biz to develop an
International Trade and Investment Program for the state and to
submit the strategy and business plan for the International Trade and
Investment Program to the Chief Clerk of the Assembly, the Secretary
of the Senate, the Speaker of the Assembly, the President pro
Tempore of the Senate, the chair of the Assembly Committee on Jobs,
Economic Development, and the Economy and the chair of the Senate
Committee on Business, Professions and Economic Development, or
respective successor committees, with jurisdiction over the
international trade and economic development programs.  
   This bill would also require the director of GO-Biz to submit the
strategy and business plan to the Senate Select Committee on
California-Mexico Cooperation. 
   Vote: majority. Appropriation: yes. Fiscal committee: yes.
State-mandated local program: no.


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

  SECTION 1.  Section 13996.43 is added to the Government Code, to
read:
   13996.43.  (a) Notwithstanding  any other law, 
 subdivision (b) of Section 13996.41, the director shall, 
on or before January 1, 2016,  the director shall 
establish  and operate, or create a public-private partnership to
establish and operate,  an international trade and investment
office in Mexico City, Mexico.
   (b) The Mexico City trade and investment office shall do all of
the following:
   (1) Facilitate access to educational exchange programs between
California and Mexico.
   (2) Promote the export of California goods and services into
Mexico.
   (3) Encourage and facilitate capital investment from Mexico into
California. 
   (c) Notwithstanding subdivision (f) of Section 13996.41, only the
office shall operate the Mexico City trade and investment office.
 
   (d) 
    (c)  The director shall include information regarding
the Mexico City trade and investment office in the reports prepared
and transmitted pursuant to Section 13996.65. 
   (e) 
    (d)  The office and the director shall perform the
duties required by this section only to the extent private moneys are
available for these purposes. The office shall accept and administer
private moneys pursuant to subdivision (a) of Section 13997.

   (f) 
    (e)  For purposes of this section, the following
definitions shall apply:
   (1) "Director" means the Director of the Governor's Office of
Business and Economic Development.
   (2) "Office" means the Governor's Office of Business and Economic
Development.
   SEC. 2.    Section 13996.65 of the  
Government Code   is amended to read: 
   13996.65.  (a) The director shall prepare the following:
   (1) A budget for the International Trade and Investment Program
that includes a separately stated budget for each international trade
and investment office. The budget shall provide all the following:
   (A) A description of how the International Trade and Investment
Program and each individual international trade and investment office
will be funded.
   (B) A description of staffing levels and the positions needed to
operate each international trade and investment office.
   (2) A strategy and business plan for the International Trade and
Investment Program, developed with input from California businesses
that shall include, but not be limited to, measurable goals,
objectives, and outcomes and timelines necessary to attract
employment-producing direct foreign investment to the state and
increase California exports. The strategy and business plan shall
include, but not be limited to, all of the following:
   (A) A description of the staffing levels and staff expertise
needed to operate each international trade and investment office.
   (B) A description of monitoring and oversight procedures
implemented for the International Trade and Investment Program.
   (C) A description of how a newly proposed international trade and
investment office will facilitate an increase of direct foreign
investment in California or an increase in California exports, or
both.
   (3) A written review of the implementation of the prior year's
strategy and business plan for the International Trade and Investment
Program that addresses the performance of the program and each
international trade and investment office.
   (b) The annual budget, the strategy and business plan for the
International Trade and Investment Program, and the prior year's
review drafted pursuant to subdivision (a) shall be transmitted to
the Chief Clerk of the Assembly, the Secretary of the Senate, the
Speaker of the Assembly, the President pro Tempore of the Senate, the
chair of the Assembly Committee on Jobs, Economic Development, and
the Economy  and   ,  the chair of the
Senate Committee on Business, Professions and Economic Development,
 and the Senate Select Committee on California-Mexico
Cooperation,  or respective successor committees, with
jurisdiction over the international trade and economic development
programs.