Bill Text: CA SB928 | 2013-2014 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: International trade and investment office: Mexico.

Spectrum: Slight Partisan Bill (Democrat 11-5)

Status: (Vetoed) 2014-09-28 - In Senate. Consideration of Governor's veto pending. [SB928 Detail]

Download: California-2013-SB928-Amended.html
BILL NUMBER: SB 928	AMENDED
	BILL TEXT

	AMENDED IN ASSEMBLY  JUNE 30, 2014
	AMENDED IN ASSEMBLY  JUNE 17, 2014
	AMENDED IN SENATE  APRIL 10, 2014

INTRODUCED BY   Senators Correa and Huff
    (   Coauthor:   Senator  
Berryhill   ) 
    (   Coauthors:   Assembly Members 
 Conway,   Daly,   Fox,   Grove, 
 and Medina   ) 

                        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 
    (1)     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 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 
    (2)     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 subdivision (b) of Section 
13996.41,   13996.41 and Section 13996.42,  the
director shall, on or before January 1, 2016, 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) The director shall include information regarding the Mexico
City trade and investment office in the reports prepared and
transmitted pursuant to Section 13996.65.
   (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.
   (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, 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.
                          
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