AB 2176, as introduced, John A. Pérez. Governor’s Office of Business and Economic Development.
The Economic Revitalization Act establishes the Governor's Office of Business and Economic Development, also known as “GO-Biz,” to, among other things, 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 GO-Biz to, among other things, make recommendations to the Governor and Legislature on new state policies, programs, and actions, or amendments to existing programs.
This bill would instead require GO-Biz to perform the above-described activities and to develop recommendations for an economic development strategic plan for the state.
Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no.
The people of the State of California do enact as follows:
Section 12096.3 of the Government Code is
2amended to read:
The office shall serve the Governor as the lead entity
2for economic strategy and the marketing of California on issues
3relating to business development, private sector investment, and
4economic growth. In this capacity, the officebegin delete mayend deletebegin insert shall do all of
5the followingend insert:
6(a) Recommend to the Governor and the Legislature new state
7policies, programs, and actions, or amendments to existing
8programs, advance statewide economic goals and respond to
9emerging economic problems and opportunities, and ensure that
10all state policies and programs conform to the adopted state
11economic and business development
goals.
12(b) Coordinate the development of policies and criteria to ensure
13that federal grants administered or directly expended by state
14government advance statewide economic goals and objectives.
15(c) Market the business and investment opportunities available
16in California by working in partnership with local, regional, federal,
17and other state public and private institutions to encourage business
18development and investment in the state.
19(d) Provide, including, but not limited to, all of the following:
20(1) Economic and demographic data.
21(2) Financial information to help link businesses with state and
22local public and private programs.
23(3) Workforce information, including, but not limited to, labor
24availability, training, and education programs.
25(4) Transportation and infrastructure information.
26(5) Assistance in obtaining state and local permits.
27(6) Information on tax credits and other incentives.
28(7) Permitting, siting, and other regulatory information pertinent
29to business operations in the state.
30(e) Establish a well-advertised telephone number, an interactive
31Internet Web site, and an administrative structure that effectively
32supports the facilitation of business development and investment
33in the state.
34(f) Encourage collaboration among
research institutions, startup
35companies, local governments, venture capitalists, and economic
36development agencies to promote innovation.
37(g) In cooperation with the federal government, foster
38relationships with overseas entities to improve the state’s image
39as a destination for business investment and expansion.
P3 1(h) Conduct research on the state’s business climate, including,
2but not limited to, research on how the state can remain on the
3leading edge of innovation and emerging sectors.
4(i) Support small businesses by providing information about
5accessing capital, complying with regulations, and supporting state
6initiatives that support small business.
7(j) Develop
recommendations for an economic development
8strategic plan for the state.
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