California Assembly Bill AB419 Introduced / Bill

 BILL NUMBER: AB 419INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Kim FEBRUARY 19, 2015 An act to amend Section 6303 of the Government Code, relating to foreign trade zones. LEGISLATIVE COUNSEL'S DIGEST AB 419, as introduced, Kim. Foreign trade zones. Existing law authorizes any public corporation and specified private corporations to apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with specified provisions of federal law, and specifically authorizes a private corporation whose application is granted pursuant to those provisions of federal law to establish, operate, and maintain the foreign-trade zone, subject to specified conditions and restrictions. This bill would make a nonsubstantive change to this provision. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 6303 of the Government Code is amended to read: 6303.  Any   A  private corporation organized under the laws of the  State   state  subsequent to September 15, 1935, for the purpose of establishing, operating and maintaining a foreign-trade zone in accordance with the act of Congress may make application for the privilege of establishing, operating  ,  and maintaining a foreign-trade zone in accordance with the act of Congress.