SB 506

Bill Subjects

Abstract

Existing law establishes the Governor's Office of Business and Economic Development, which is administered by a director appointed by the Governor. The office serves 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. Existing law, the Military Base Reuse Authority Act, authorizes the creation of a military base reuse authority to plan, finance, and manage the transition of a military base from military to civilian use, as specified. This bill would establish the Military and Aerospace Program in the Governor's Office of Business and Economic Development, and set forth the program's duties and authority with respect to state and local defense retention, conversion, and base reuse activities, including developing and recommending to the Governor and the Legislature a strategic plan for state and local defense retention and conversion efforts. The bill would authorize the office to establish a Military Advisory Council with a specified membership to provide input, information, technical advice, or other comments to the program on military related matters. This bill also would authorize the office to apply for grants and seek private funds for the operations of the office. The bill would establish the Military and Aerospace Account in the Special Deposit Fund in the State Treasury and require that any private funds the office accepts be deposited into that account. The bill would authorize the office to expend moneys in the account, upon appropriation by the Legislature, for specified purposes of the office. The bill would require the Governor's Office of Business and Economic Development to implement a space enterprise development program to foster activities that increase the competitiveness of space enterprise in California. The bill would authorize the director of the office to select a California nonprofit corporation to assist the office in its administration of space enterprise economic development activities, and would authorize the corporation to perform specified activities, including developing and implementing a state strategy for applying and commercializing technology to create jobs, respond to industry changes, and foster innovation and competitiveness in space enterprise. The bill would also establish the California Space Enterprise Competitive Grant Program within the office to provide funding, upon appropriation by the Legislature, for the development of space enterprise in California. Existing law creates the Office of Planning and Research in the Governor's office to provide the Governor and his or her cabinet with long-range, land use planning and research and to serve as the comprehensive state planning agency. This bill would require a local retention authority to be recognized for each active military installation, as defined, in the state, and would require the office to maintain a list of retention authorities or their successors, including, but not limited to, separate airport or port authorities recognized as the local retention authority for military installations.