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CA AB2345
Bill
Status
2/24/2012
Primary Sponsor
Fiona Ma
Click for details
AI Summary
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Establishes the California Fair Network Commission as a separate, independent nonprofit mutual benefit corporation to oversee and administer the network of 72 California fairs
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Commission authorized to assess fairs fees for services including budget administration, contract approval, pooled insurance, and construction planning
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Commission responsibilities include distributing state resources to fairs based on approved criteria, conducting fiscal and compliance audits, and monitoring solvency of the Fair and Exposition Fund
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Executive director position created, to be a fair industry professional recommended by commissioners and approved by the Governor, with salary paid from commission revenues
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Legislature finds California's fair network generates over $165 million in annual tax revenue, hosts 30 million visitors, and provides 30,000 jobs, but requires state funding support for three-year transition period away from state dependency
Legislative Description
Fairs: sustainability.
Last Action
In committee: Set, second hearing. Held under submission.
5/25/2012