BILL ANALYSIS Ó AB 2600 Page 1 Date of Hearing: April 27, 2016 ASSEMBLY COMMITTEE ON APPROPRIATIONS Lorena Gonzalez, Chair AB 2600 (Lackey) - As Amended March 16, 2016 ----------------------------------------------------------------- |Policy |Higher Education |Vote:|13 - 0 | |Committee: | | | | | | | | | | | | | | |-------------+-------------------------------+-----+-------------| | | | | | | | | | | | | | | | ----------------------------------------------------------------- Urgency: No State Mandated Local Program: NoReimbursable: No SUMMARY: This bill requests that the University of California (UC) Regents establish the California Institute for Aerospace. Specifically, this bill: 1)Requests that the Regents establish the institute in order to achieve specified goals, including: a) creating new opportunities for jobs in aerospace research; and b) design AB 2600 Page 2 and using public-private partnerships to perform innovative research in aerospace technology. 2)Requests that the regents locate the institute at a satellite campus within 20 miles of Edwards Air Force Base or United States Air Force Plant 42, so that it will close to a large part of the state's current aerospace research and development. 3)Provides that this bill shall only be implemented to the extent that Regents determine adequate funding has been provided from federal, local, or private sector sources, has been appropriated in the annual Budget Act or in another statute, or has been provided from a combination of these sources. FISCAL EFFECT: Annual costs to UC of at least $1 million to $2 million. UC indicates that it is generally open to establishing research institutes to the extent it has appropriate expertise and adequate funding. COMMENTS: Purpose. The author argues "California institutes have been tremendous resources for research in various industries. They have successfully addressed critical issues facing the globe in the fields of biology, physics, chemistry, economics, and medicine." According to the author, "with a small investment, such institutes provide a substantial economic impact on their surrounding areas and the entire state by accelerating AB 2600 Page 3 research and product development. This institute would strengthen California's position as a global leader in the aerospace industry, increase public-private partnerships and fully maximize our role in designing and building the Long Range Strike Bomber." Analysis Prepared by:Chuck Nicol / APPR. / (916) 319-2081