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CA AB2972

Bill

Status

Passed

9/27/2022

Primary Sponsor

Jobs, Economic Development, and the Economy

Click for details

Origin

State Assembly

2021-2022 Session

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