BILL ANALYSIS                                                                                                                                                                                                    �




                   Senate Appropriations Committee Fiscal Summary
                           Senator Christine Kehoe, Chair

                                          SB 460 (Price)
          
          Hearing Date: 5/2/2011          Amended: As Introduced
          Consultant: Bob Franzoia        Policy Vote:  G O 9-0
          
















































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          BILL SUMMARY: SB 460 would authorize the Secretary of Business, 
          Transportation and Housing to convene a statewide business 
          partnership for international trade marketing and promotion no 
          later than March 1, 2012, to advise the secretary on what role 
          the state should play in international trade marketing and 
          promotion.
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                            Fiscal Impact (in thousands)

           Major Provisions         2011-12      2012-13       2013-14     Fund
           Study                  $120 to $140 one time            General
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          ____

          STAFF COMMENTS: This bill meets the criteria for referral to the 
          Suspense File.
          
          This bill would require the secretary to convene a statewide 
          business partnership for international trade marketing and 
          promotion no later than March 1, 2012.

          The business partnership shall include, but is not limited to, 
          representatives of public airports, land ports of entry, and 
          seaports, ocean carriers, marine terminal operators, air 
          carriers, warehouse operators, railroads, trucking companies, 
          foreign trade zones, and shippers, specifically including 
          agricultural exporters, manufacturers, post-consumer secondary 
          material handlers, and retailers.

          The business partnership shall advise the secretary on what role 
          the state should play in international trade marketing and 
          promotion in the context of growing the utilization of 
          California's airport, seaport, and land ports of entry 
          infrastructure by importers and exporters, and to increase the 
          opportunity for growth and trade activity.

          This bill is similar to Chapter 663/2006 which required the 
          secretary to complete a study on the potential roles of the 
          state in global markets.  The cost to develop the policy and 
          complete the study and strategy was estimated at $140,000 in 
          General Funds.  The secretary was completing portions of that 
          study at the time SB 1513 (Romero) was chaptered.  The 2007 
          Budget Act appropriated $120,000 from the General Fund for the 







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          study.