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CA AB2972
Bill
Status
Passed
9/27/2022
Primary Sponsor
Jobs, Economic Development, and the Economy
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AI Summary
- Adds "attracting public and private investors" as a key business development situation that the Director of the Governor's Office of Business and Economic Development must convene teams to address
- Expands the program's purpose to serve investors in addition to employers, corporate executives, business owners, and site location consultants
- Requires the director to work with economic developers and workforce training partners with the dual goal of helping businesses and investments grow and be successful in California
- Mandates the Governor's Office of Business and Economic Development to work with partners to moderate gentrification impacts that may displace residents and small businesses
- Requires the office to track program activities and report to the Legislature upon request, including data on business and investor inquiries, assistance requests, types of assistance, and information requests by region
Legislative Description
California Business Investment Services Program.
Last Action
Chaptered by Secretary of State - Chapter 599, Statutes of 2022.
9/27/2022
Committee Referrals
Appropriations6/14/2022
Business, Professions and Economic Development6/1/2022
Rules5/26/2022
Appropriations4/26/2022
Jobs, Economic Development, and the Economy3/31/2022
Full Bill Text
No bill text available