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AB-366 Overseas trade offices: proposals.(2001-2002)



Current Version: 09/04/01 - Enrolled

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AB366:v91#DOCUMENT

Passed  IN  Senate  August 30, 2001
Passed  IN  Assembly  September 04, 2001

CALIFORNIA LEGISLATURE— 2001–2002 REGULAR SESSION

Assembly Bill
No. 366

Introduced  by  Assembly Member Oropeza, Chan, Cohn, Diaz, Florez, Reyes

February 20, 2001

An act to add Sections 15364.72 and 15364.73 to the Government Code, relating to international trade.


LEGISLATIVE COUNSEL'S DIGEST


AB 366, Oropeza. Overseas trade offices: proposals.
Existing law generally provides for the establishment of overseas trade offices under the authority of the California State World Trade Commission within the Technology, Trade, and Commerce Agency.
This bill would, instead, refer to international trade and investment offices and would require that, prior to the establishment or funding of a new office, a proposed business plan for the office, with specified information, be submitted to the agency. It would require the Secretary of Technology, Trade, and Commerce to submit to the Legislature a written recommendation on any of the trade office proposals that the agency has identified as showing merit for increased trade and investment with respect to the furtherance of the state’s export and international trade objectives.
This bill would also require any international trade and investment office that becomes operational after January 1, 2001, and on whose behalf a business plan has not been submitted that meets the requirements of these provisions, to submit a business plan to the Technology, Trade, and Commerce Agency.

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


SECTION 1.

 Section 15364.72 is added to the Government Code, to read:

15364.72.
 (a) Prior to the establishment or funding of any new international trade and investment office, a proposed business plan for the office, which details all of the following, shall be submitted to the Technology, Trade, and Commerce Agency:
(1) The clearly delineated geographical area to be served by the office, to be defined as the “region” to be served by the office.
(2) Actual and potential investment and tourism directed to the state from that region.
(3) Actual and potential export markets in the region for goods produced in the state, and type of goods categorized according to consumer sector and economic sector.
(4) Leading industries in the region.
(5) Existing federal trade offices, and municipal trade offices from the State of California, operating in the region that provide investment, tourism, and export promotion activities for the state in the region.
(6) Other states of the United States that have trade offices, or that have investment, tourism, or export promotion offices in the region.
(7) A cost-benefit analysis.
(8) Target export industry markets.
(9) Stated objectives, goals, and estimated outcome performance.
(10) A proposed budget, including a comparison to the budgets of other Technology, Trade, and Commerce Agency international trade and investment offices.
(b) The Secretary of Technology, Trade, and Commerce shall submit to the Legislature a written recommendation on any of the trade office proposals that the agency has identified from those submitted as showing merit for increased trade and investment with respect to the furtherance of the state’s export and international trade objectives.

SEC. 2.

 Section 15364.73 is added to the Government Code, to read:

15364.73.
 Any international trade and investment office that becomes operational after January 1, 2001, and on whose behalf a business plan that meets the requirements of Section 15364.72 has not been submitted, shall submit a business plan to the Technology, Trade, and Commerce Agency as described in subdivision (a) of that section.