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 Bill Text - AB-1477 Governor’s Office of Business and Economic Development: California Competes Grant Program.

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 |Add To My Favorites |Track Bill | Version: 03/24/25 - Amended Assembly
 02/21/25 - Introduced

 AB-1477 Governor’s Office of Business and Economic Development: California Competes Grant Program.(2025-2026)

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 Date Published: 03/24/2025 09:00 PM

AB1477:v98#DOCUMENTBill Start

 Amended
 IN 
 Assembly
 March 24, 2025

 CALIFORNIA LEGISLATURE—
 2025–2026 REGULAR SESSION

 Assembly Bill

No. 1477

Introduced by Assembly Member Sharp-Collins

February 21, 2025

An act to amend Section 12096.2 12096.6.6 of the Government Code, relating to state government. 

LEGISLATIVE COUNSEL'S DIGEST

AB 1477, as amended, Sharp-Collins.
 Governor’s Office of Business and Economic Development Development: California Competes Grant Program.

Existing law 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.

This bill would make a nonsubstantive change to the provision establishing the office.

Existing law, until January 1, 2030, and upon appropriation by the Legislature, creates the California Competes Grant Program, which, among other things, authorizes the Governor’s Office of Business and Economic Development to provide
 grants to an applicant that meets specified criteria relating to the creation of jobs or investments in the state.

This bill would extend the operation of these provisions until January 1, 2031.

Digest Key

 Vote:
 MAJORITY 
 Appropriation:
 NO 
 Fiscal Committee:
 NOYES 
 Local Program:
 NO 

Bill Text

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

SECTION 1.

 Section 12096.6.6 of the Government Code is amended to read:

12096.6.6.

 This article shall be repealed on January 1, 2030. 2031.

SECTION 1.Section 12096.2 of the Government Code is amended to read:

12096.2.(a)The Governor’s Office of Business and Economic Development, also known as “GO-Biz,” is established in state government within the Governor’s office. The office shall be under the direct control of a director, who shall be responsible to the Governor.

(b)The Governor shall appoint the Director of the Governor’s Office of Business and Economic Development who shall perform all duties, exercise all powers, assume and discharge all responsibilities, and carry out and effect all purposes vested by law in the office, including contracting for professional or consultant services in connection with the work of the office.

(c)The salary of the Director of the Governor’s Office of Business and Economic Development shall be fixed pursuant to Section 12001.