Amended in Assembly April 10, 2014

Amended in Assembly March 28, 2014

California Legislature—2013–14 Regular Session

Assembly BillNo. 2713


Introduced by Assembly Member Quirk-Silva

February 21, 2014


An act to add Section 12096.35 to the Government Code, relating tobegin delete the California Office of Business and Economic Development.end deletebegin insert state government.end insert

LEGISLATIVE COUNSEL’S DIGEST

AB 2713, as amended, Quirk-Silva. Governor’s Office of Business and Economic Development:begin delete trade office:end delete South Korea.

begin delete

Existing law

end delete

begin insertThe Economic Revitalization Actend insert establishes the Governor’s Office of Business and Economic Development,begin delete which is administered by a director appointed by the Governor. The office serves 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. The office exercises powers related to economic development, including, among others, making recommendations to the Governor and the Legislature regarding policies, programs, and actions to advance statewide economic goals.end deletebegin insert 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.end insert

This bill would require thebegin delete office, no later than January 1, 2016, to establish under its jurisdiction an overseas trade office in Seoul, South Korea, as specified.end deletebegin insert office to establish a public-private partnership to help guide state activities related to the export of California products to South Korea and the attraction of employment-producing direct foreign investment by South Korean investors.end insert

Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no.

The people of the State of California do enact as follows:

P2    1

SECTION 1.  

Section 12096.35 is added to the Government
2Code
, to read:

3

12096.35.  

begin deleteNo later than January 1, 2016, upon appropriation
4of sufficient funds for this purpose, the end delete
begin insertThe end insertoffice shall establish
5begin delete under its jurisdiction an overseas trade office in Seoul, South
6Korea. The trade office shall have those powers and duties
7prescribed by the director, to promote and facilitate the state’s
8international trade activities.end delete
begin insert a public-private partnership to help
9guide state activities related to the export of California products
10to South Korea and the attraction of employment-producing direct
11foreign investment by South Korean investors.end insert



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