Jose Medina
- Democratic
Author
The Governor's Office of Business and Economic Development serves as the Governor's lead entity for economic strategy and the marketing of California on issues relating to business development, private sector investment, and economic growth. The office, among others, makes recommendations to the Governor and the Legislature regarding policies, programs, and actions to advance statewide economic goals. This bill would establish the California Foreign Investment Program. The bill would require the Governor's Office of Business and Economic Development to serve as the lead state entity for overseeing the state's participation with the United States Citizenship and Immigration Services' EB-5 Investment Program. The bill would require the director of the office to set the terms and conditions for issuing a state designation letter for targeted employment areas within the structure and scope of the EB-5 Investment Program and to post on the office's Internet Web site a list with the contact information for each regional center, as specified. The bill would require a regional center with one or more offices in the state to provide the office with, among other things, information on the number of clients served, the location of investments, and the number of direct and indirect jobs created. The bill would authorize specified public and private corporations to establish, operate, and maintain a regional center subject to specified conditions and restrictions. The bill would apply only to EB-5 activities of the state relating to the EB-5 Investment Program occurring on or after January 1, 2014.
Approved by the Governor.
Chaptered by Secretary of State - Chapter 535, Statutes of 2013.
Enrolled and presented to the Governor at 3 p.m.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 77. Noes 0. Page 2926.).
In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 6 pursuant to Assembly Rule 77.
Read third time. Passed. Ordered to the Assembly. (Ayes 38. Noes 0. Page 2103.).
Read second time. Ordered to third reading.
Read third time and amended. Ordered to second reading.
Measure version as amended on June 19 corrected.
Read second time. Ordered to third reading.
From committee: Be placed on second reading file pursuant to Senate Rule 28.8.
Read second time and amended. Re-referred to Com. on APPR.
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (June 17).
Read third time. Passed. Ordered to the Senate. (Ayes 73. Noes 0. Page 1327.)
In Senate. Read first time. To Com. on RLS. for assignment.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 17. Noes 0.) (May 1).
From committee chair, with author's amendments: Amend, and re-refer to Com. on APPR. Read second time and amended.
Read second time and amended.
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (April 9).
Read first time.
From printer. May be heard in committee March 26.
Introduced. To print.
| Bill Text Versions | Format |
|---|---|
| AB1067 | HTML |
| 02/22/13 - Introduced | |
| 04/16/13 - Amended Assembly | |
| 04/18/13 - Amended Assembly | |
| 06/19/13 - Amended Senate | |
| 08/20/13 - Amended Senate | |
| 09/12/13 - Enrolled | |
| 10/04/13 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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