Enrolled June 08, 2017 Passed IN Senate June 08, 2017 Passed IN Assembly May 01, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 1727Introduced by Committee on Jobs, Economic Development, and the Economy (Assembly Members Quirk-Silva (Chair), Travis Allen (Vice Chair), Berman, Cervantes, Grayson, Rodriguez, and Steinorth)March 21, 2017 An act to amend Sections 6300, 6302, and 6304 of, to amend and renumber Sections 6315, 6315.1, 6315.2, and 6315.3 of, to add the heading of Article 6.7 (commencing with Section 12100.50) to Chapter 1.6 of Part 2 of Division 3 of Title 2 of, and to repeal Sections 6301, 6303, and 6305 of, and to repeal the heading of Chapter 4.2 (commencing with Section 6315) of Division 7 of Title 1 of, the Government Code, relating to economic development. LEGISLATIVE COUNSEL'S DIGESTAB 1727, Committee on Jobs, Economic Development, and the Economy. Foreign trade and investment.Existing law authorizes a public corporation, as defined, or any private corporation, to apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with federal law and to exercise specified powers related thereto, as specified.The bill would make clarifying and nonsubstantive changes to these provisions.Existing law establishes the California Foreign Investment Program, which requires the Governors Office of Business and Economic Development to serve as the lead state entity for overseeing the states participation with the United States Citizenship and Immigration Services EB-5 Investment Program.This bill would renumber these provisions and make nonsubstantive conforming changes.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 6300 of the Government Code is amended to read:6300. As used in this chapter:(a) Act of Congress means the act of Congress approved June 18, 1934, titled An act to provide for the establishment, operation, and maintenance of foreign-trade zones in ports of entry of the United States, to expedite and encourage foreign commerce, and for other purposes (48 U. S. Stats. at L. Ch. 590.).(b) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state, or of this state and one or more other states.SEC. 2. Section 6301 of the Government Code is repealed.SEC. 3. Section 6302 of the Government Code is amended to read:6302. (a) A public corporation may apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.(b) Any private corporation organized under the laws of the 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 apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.SEC. 4. Section 6303 of the Government Code is repealed.SEC. 5. Section 6304 of the Government Code is amended to read:6304. Any public or private corporation authorized by this chapter to apply and whose application is granted pursuant to the terms of the act of Congress may establish, operate, and maintain the foreign-trade zone:(a) Subject to the conditions and restrictions of the act of Congress, and any amendments thereto.(b) Under such rules and regulations and for the period of time that may be prescribed by the board established by the act of Congress to carry out the act.SEC. 6. Section 6305 of the Government Code is repealed.SEC. 7. The heading of Chapter 4.2 (commencing with Section 6315) of Division 7 of Title 1 of the Government Code is repealed.SEC. 8. Section 6315 of the Government Code is amended and renumbered to read:12100.50. (a) This article shall be known and may be cited as the California Foreign Investment Program.(b) For purposes of this chapter:(1) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state or of this state and one or more other states.(2) EB-5 Investment Program and the Foreign Investment Program means Section 203(b)(5) of the Immigration and Nationality Act (8 U.S.C. Sec. 1153(b)(5)).SEC. 9. Section 6315.1 of the Government Code is amended and renumbered to read:12100.51. (a) The office shall serve as the lead state entity for overseeing the states participation with the United States Citizenship and Immigration Services EB-5 Investment Program.(b) The director shall 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.(c) (1) A regional center with one or more offices in the state shall provide the office with contact information for the center and the geographic region, if applicable, and industry sector or subsectors recognized by the United States Citizenship and Immigration Services (USCIS) for that center.(2) A regional center with one or more offices within this state shall annually provide information to the office on the number of clients served, location of investments, and number of direct and indirect jobs created. The regional center may satisfy this requirement by submitting a copy of Form I-924A of the USCIS to the office.(d) (1) The director shall post on the offices Internet Web site a list with contact information for each regional center where information is readily available to the office. The list shall be updated when new information is made available on at least an annual basis. The director may also include other relevant information obtained by the office pursuant to subdivision (c).(2) The office shall annually report on the number of state designation letters issued pursuant to subdivision (b) and on the information provided to the office pursuant to subdivision (c) in either the offices annual report under Section 13996.65 or in a separate report to the Legislature submitted pursuant to Section 9795. The information on regional centers and designation letters shall, to the extent practicable, be provided in the aggregate, by county, and by legislative district.SEC. 10. Section 6315.2 of the Government Code is amended and renumbered to read:12100.52. Any public or private corporation authorized to establish, operate, and maintain a regional center whose application is granted pursuant to the terms of the Immigration and Nationality Act may establish, operate, and maintain the regional center subject to the conditions and restrictions of the EB-5 Investment Program, and any amendments thereto, and any conditions and restrictions established by the director pursuant to this article.SEC. 11. Section 6315.3 of the Government Code is amended and renumbered to read:12100.53. This article shall apply only to EB-5 activities of the state relating to the EB-5 Investment Program occurring on or after January 1, 2014.SEC. 12. The heading of Article 6.7 (commencing with Section 12100.50) is added to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, to read: Article 6.7. California Foreign Investment Program
Enrolled June 08, 2017 Passed IN Senate June 08, 2017 Passed IN Assembly May 01, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 1727Introduced by Committee on Jobs, Economic Development, and the Economy (Assembly Members Quirk-Silva (Chair), Travis Allen (Vice Chair), Berman, Cervantes, Grayson, Rodriguez, and Steinorth)March 21, 2017 An act to amend Sections 6300, 6302, and 6304 of, to amend and renumber Sections 6315, 6315.1, 6315.2, and 6315.3 of, to add the heading of Article 6.7 (commencing with Section 12100.50) to Chapter 1.6 of Part 2 of Division 3 of Title 2 of, and to repeal Sections 6301, 6303, and 6305 of, and to repeal the heading of Chapter 4.2 (commencing with Section 6315) of Division 7 of Title 1 of, the Government Code, relating to economic development. LEGISLATIVE COUNSEL'S DIGESTAB 1727, Committee on Jobs, Economic Development, and the Economy. Foreign trade and investment.Existing law authorizes a public corporation, as defined, or any private corporation, to apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with federal law and to exercise specified powers related thereto, as specified.The bill would make clarifying and nonsubstantive changes to these provisions.Existing law establishes the California Foreign Investment Program, which requires the Governors Office of Business and Economic Development to serve as the lead state entity for overseeing the states participation with the United States Citizenship and Immigration Services EB-5 Investment Program.This bill would renumber these provisions and make nonsubstantive conforming changes.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
Enrolled June 08, 2017 Passed IN Senate June 08, 2017 Passed IN Assembly May 01, 2017
Enrolled June 08, 2017
Passed IN Senate June 08, 2017
Passed IN Assembly May 01, 2017
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
Assembly Bill No. 1727
Introduced by Committee on Jobs, Economic Development, and the Economy (Assembly Members Quirk-Silva (Chair), Travis Allen (Vice Chair), Berman, Cervantes, Grayson, Rodriguez, and Steinorth)March 21, 2017
Introduced by Committee on Jobs, Economic Development, and the Economy (Assembly Members Quirk-Silva (Chair), Travis Allen (Vice Chair), Berman, Cervantes, Grayson, Rodriguez, and Steinorth)
March 21, 2017
An act to amend Sections 6300, 6302, and 6304 of, to amend and renumber Sections 6315, 6315.1, 6315.2, and 6315.3 of, to add the heading of Article 6.7 (commencing with Section 12100.50) to Chapter 1.6 of Part 2 of Division 3 of Title 2 of, and to repeal Sections 6301, 6303, and 6305 of, and to repeal the heading of Chapter 4.2 (commencing with Section 6315) of Division 7 of Title 1 of, the Government Code, relating to economic development.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 1727, Committee on Jobs, Economic Development, and the Economy. Foreign trade and investment.
Existing law authorizes a public corporation, as defined, or any private corporation, to apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with federal law and to exercise specified powers related thereto, as specified.The bill would make clarifying and nonsubstantive changes to these provisions.Existing law establishes the California Foreign Investment Program, which requires the Governors Office of Business and Economic Development to serve as the lead state entity for overseeing the states participation with the United States Citizenship and Immigration Services EB-5 Investment Program.This bill would renumber these provisions and make nonsubstantive conforming changes.
Existing law authorizes a public corporation, as defined, or any private corporation, to apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with federal law and to exercise specified powers related thereto, as specified.
The bill would make clarifying and nonsubstantive changes to these provisions.
Existing law establishes the California Foreign Investment Program, which requires the Governors Office of Business and Economic Development to serve as the lead state entity for overseeing the states participation with the United States Citizenship and Immigration Services EB-5 Investment Program.
This bill would renumber these provisions and make nonsubstantive conforming changes.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 6300 of the Government Code is amended to read:6300. As used in this chapter:(a) Act of Congress means the act of Congress approved June 18, 1934, titled An act to provide for the establishment, operation, and maintenance of foreign-trade zones in ports of entry of the United States, to expedite and encourage foreign commerce, and for other purposes (48 U. S. Stats. at L. Ch. 590.).(b) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state, or of this state and one or more other states.SEC. 2. Section 6301 of the Government Code is repealed.SEC. 3. Section 6302 of the Government Code is amended to read:6302. (a) A public corporation may apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.(b) Any private corporation organized under the laws of the 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 apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.SEC. 4. Section 6303 of the Government Code is repealed.SEC. 5. Section 6304 of the Government Code is amended to read:6304. Any public or private corporation authorized by this chapter to apply and whose application is granted pursuant to the terms of the act of Congress may establish, operate, and maintain the foreign-trade zone:(a) Subject to the conditions and restrictions of the act of Congress, and any amendments thereto.(b) Under such rules and regulations and for the period of time that may be prescribed by the board established by the act of Congress to carry out the act.SEC. 6. Section 6305 of the Government Code is repealed.SEC. 7. The heading of Chapter 4.2 (commencing with Section 6315) of Division 7 of Title 1 of the Government Code is repealed.SEC. 8. Section 6315 of the Government Code is amended and renumbered to read:12100.50. (a) This article shall be known and may be cited as the California Foreign Investment Program.(b) For purposes of this chapter:(1) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state or of this state and one or more other states.(2) EB-5 Investment Program and the Foreign Investment Program means Section 203(b)(5) of the Immigration and Nationality Act (8 U.S.C. Sec. 1153(b)(5)).SEC. 9. Section 6315.1 of the Government Code is amended and renumbered to read:12100.51. (a) The office shall serve as the lead state entity for overseeing the states participation with the United States Citizenship and Immigration Services EB-5 Investment Program.(b) The director shall 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.(c) (1) A regional center with one or more offices in the state shall provide the office with contact information for the center and the geographic region, if applicable, and industry sector or subsectors recognized by the United States Citizenship and Immigration Services (USCIS) for that center.(2) A regional center with one or more offices within this state shall annually provide information to the office on the number of clients served, location of investments, and number of direct and indirect jobs created. The regional center may satisfy this requirement by submitting a copy of Form I-924A of the USCIS to the office.(d) (1) The director shall post on the offices Internet Web site a list with contact information for each regional center where information is readily available to the office. The list shall be updated when new information is made available on at least an annual basis. The director may also include other relevant information obtained by the office pursuant to subdivision (c).(2) The office shall annually report on the number of state designation letters issued pursuant to subdivision (b) and on the information provided to the office pursuant to subdivision (c) in either the offices annual report under Section 13996.65 or in a separate report to the Legislature submitted pursuant to Section 9795. The information on regional centers and designation letters shall, to the extent practicable, be provided in the aggregate, by county, and by legislative district.SEC. 10. Section 6315.2 of the Government Code is amended and renumbered to read:12100.52. Any public or private corporation authorized to establish, operate, and maintain a regional center whose application is granted pursuant to the terms of the Immigration and Nationality Act may establish, operate, and maintain the regional center subject to the conditions and restrictions of the EB-5 Investment Program, and any amendments thereto, and any conditions and restrictions established by the director pursuant to this article.SEC. 11. Section 6315.3 of the Government Code is amended and renumbered to read:12100.53. This article shall apply only to EB-5 activities of the state relating to the EB-5 Investment Program occurring on or after January 1, 2014.SEC. 12. The heading of Article 6.7 (commencing with Section 12100.50) is added to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, to read: Article 6.7. California Foreign Investment Program
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 6300 of the Government Code is amended to read:6300. As used in this chapter:(a) Act of Congress means the act of Congress approved June 18, 1934, titled An act to provide for the establishment, operation, and maintenance of foreign-trade zones in ports of entry of the United States, to expedite and encourage foreign commerce, and for other purposes (48 U. S. Stats. at L. Ch. 590.).(b) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state, or of this state and one or more other states.
SECTION 1. Section 6300 of the Government Code is amended to read:
### SECTION 1.
6300. As used in this chapter:(a) Act of Congress means the act of Congress approved June 18, 1934, titled An act to provide for the establishment, operation, and maintenance of foreign-trade zones in ports of entry of the United States, to expedite and encourage foreign commerce, and for other purposes (48 U. S. Stats. at L. Ch. 590.).(b) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state, or of this state and one or more other states.
6300. As used in this chapter:(a) Act of Congress means the act of Congress approved June 18, 1934, titled An act to provide for the establishment, operation, and maintenance of foreign-trade zones in ports of entry of the United States, to expedite and encourage foreign commerce, and for other purposes (48 U. S. Stats. at L. Ch. 590.).(b) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state, or of this state and one or more other states.
6300. As used in this chapter:(a) Act of Congress means the act of Congress approved June 18, 1934, titled An act to provide for the establishment, operation, and maintenance of foreign-trade zones in ports of entry of the United States, to expedite and encourage foreign commerce, and for other purposes (48 U. S. Stats. at L. Ch. 590.).(b) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state, or of this state and one or more other states.
6300. As used in this chapter:
(a) Act of Congress means the act of Congress approved June 18, 1934, titled An act to provide for the establishment, operation, and maintenance of foreign-trade zones in ports of entry of the United States, to expedite and encourage foreign commerce, and for other purposes (48 U. S. Stats. at L. Ch. 590.).
(b) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state, or of this state and one or more other states.
SEC. 2. Section 6301 of the Government Code is repealed.
SEC. 2. Section 6301 of the Government Code is repealed.
### SEC. 2.
SEC. 3. Section 6302 of the Government Code is amended to read:6302. (a) A public corporation may apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.(b) Any private corporation organized under the laws of the 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 apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.
SEC. 3. Section 6302 of the Government Code is amended to read:
### SEC. 3.
6302. (a) A public corporation may apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.(b) Any private corporation organized under the laws of the 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 apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.
6302. (a) A public corporation may apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.(b) Any private corporation organized under the laws of the 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 apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.
6302. (a) A public corporation may apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.(b) Any private corporation organized under the laws of the 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 apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.
6302. (a) A public corporation may apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.
(b) Any private corporation organized under the laws of the 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 apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.
SEC. 4. Section 6303 of the Government Code is repealed.
SEC. 4. Section 6303 of the Government Code is repealed.
### SEC. 4.
SEC. 5. Section 6304 of the Government Code is amended to read:6304. Any public or private corporation authorized by this chapter to apply and whose application is granted pursuant to the terms of the act of Congress may establish, operate, and maintain the foreign-trade zone:(a) Subject to the conditions and restrictions of the act of Congress, and any amendments thereto.(b) Under such rules and regulations and for the period of time that may be prescribed by the board established by the act of Congress to carry out the act.
SEC. 5. Section 6304 of the Government Code is amended to read:
### SEC. 5.
6304. Any public or private corporation authorized by this chapter to apply and whose application is granted pursuant to the terms of the act of Congress may establish, operate, and maintain the foreign-trade zone:(a) Subject to the conditions and restrictions of the act of Congress, and any amendments thereto.(b) Under such rules and regulations and for the period of time that may be prescribed by the board established by the act of Congress to carry out the act.
6304. Any public or private corporation authorized by this chapter to apply and whose application is granted pursuant to the terms of the act of Congress may establish, operate, and maintain the foreign-trade zone:(a) Subject to the conditions and restrictions of the act of Congress, and any amendments thereto.(b) Under such rules and regulations and for the period of time that may be prescribed by the board established by the act of Congress to carry out the act.
6304. Any public or private corporation authorized by this chapter to apply and whose application is granted pursuant to the terms of the act of Congress may establish, operate, and maintain the foreign-trade zone:(a) Subject to the conditions and restrictions of the act of Congress, and any amendments thereto.(b) Under such rules and regulations and for the period of time that may be prescribed by the board established by the act of Congress to carry out the act.
6304. Any public or private corporation authorized by this chapter to apply and whose application is granted pursuant to the terms of the act of Congress may establish, operate, and maintain the foreign-trade zone:
(a) Subject to the conditions and restrictions of the act of Congress, and any amendments thereto.
(b) Under such rules and regulations and for the period of time that may be prescribed by the board established by the act of Congress to carry out the act.
SEC. 6. Section 6305 of the Government Code is repealed.
SEC. 6. Section 6305 of the Government Code is repealed.
### SEC. 6.
SEC. 7. The heading of Chapter 4.2 (commencing with Section 6315) of Division 7 of Title 1 of the Government Code is repealed.
SEC. 7. The heading of Chapter 4.2 (commencing with Section 6315) of Division 7 of Title 1 of the Government Code is repealed.
### SEC. 7.
SEC. 8. Section 6315 of the Government Code is amended and renumbered to read:12100.50. (a) This article shall be known and may be cited as the California Foreign Investment Program.(b) For purposes of this chapter:(1) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state or of this state and one or more other states.(2) EB-5 Investment Program and the Foreign Investment Program means Section 203(b)(5) of the Immigration and Nationality Act (8 U.S.C. Sec. 1153(b)(5)).
SEC. 8. Section 6315 of the Government Code is amended and renumbered to read:
### SEC. 8.
12100.50. (a) This article shall be known and may be cited as the California Foreign Investment Program.(b) For purposes of this chapter:(1) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state or of this state and one or more other states.(2) EB-5 Investment Program and the Foreign Investment Program means Section 203(b)(5) of the Immigration and Nationality Act (8 U.S.C. Sec. 1153(b)(5)).
12100.50. (a) This article shall be known and may be cited as the California Foreign Investment Program.(b) For purposes of this chapter:(1) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state or of this state and one or more other states.(2) EB-5 Investment Program and the Foreign Investment Program means Section 203(b)(5) of the Immigration and Nationality Act (8 U.S.C. Sec. 1153(b)(5)).
12100.50. (a) This article shall be known and may be cited as the California Foreign Investment Program.(b) For purposes of this chapter:(1) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state or of this state and one or more other states.(2) EB-5 Investment Program and the Foreign Investment Program means Section 203(b)(5) of the Immigration and Nationality Act (8 U.S.C. Sec. 1153(b)(5)).
12100.50. (a) This article shall be known and may be cited as the California Foreign Investment Program.
(b) For purposes of this chapter:
(1) Public corporation means the state, any political subdivision thereof, any incorporated municipality therein, any public agency of the state, of any political subdivision thereof, or of any municipality therein, or any corporate municipal instrumentality of this state or of this state and one or more other states.
(2) EB-5 Investment Program and the Foreign Investment Program means Section 203(b)(5) of the Immigration and Nationality Act (8 U.S.C. Sec. 1153(b)(5)).
SEC. 9. Section 6315.1 of the Government Code is amended and renumbered to read:12100.51. (a) The office shall serve as the lead state entity for overseeing the states participation with the United States Citizenship and Immigration Services EB-5 Investment Program.(b) The director shall 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.(c) (1) A regional center with one or more offices in the state shall provide the office with contact information for the center and the geographic region, if applicable, and industry sector or subsectors recognized by the United States Citizenship and Immigration Services (USCIS) for that center.(2) A regional center with one or more offices within this state shall annually provide information to the office on the number of clients served, location of investments, and number of direct and indirect jobs created. The regional center may satisfy this requirement by submitting a copy of Form I-924A of the USCIS to the office.(d) (1) The director shall post on the offices Internet Web site a list with contact information for each regional center where information is readily available to the office. The list shall be updated when new information is made available on at least an annual basis. The director may also include other relevant information obtained by the office pursuant to subdivision (c).(2) The office shall annually report on the number of state designation letters issued pursuant to subdivision (b) and on the information provided to the office pursuant to subdivision (c) in either the offices annual report under Section 13996.65 or in a separate report to the Legislature submitted pursuant to Section 9795. The information on regional centers and designation letters shall, to the extent practicable, be provided in the aggregate, by county, and by legislative district.
SEC. 9. Section 6315.1 of the Government Code is amended and renumbered to read:
### SEC. 9.
12100.51. (a) The office shall serve as the lead state entity for overseeing the states participation with the United States Citizenship and Immigration Services EB-5 Investment Program.(b) The director shall 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.(c) (1) A regional center with one or more offices in the state shall provide the office with contact information for the center and the geographic region, if applicable, and industry sector or subsectors recognized by the United States Citizenship and Immigration Services (USCIS) for that center.(2) A regional center with one or more offices within this state shall annually provide information to the office on the number of clients served, location of investments, and number of direct and indirect jobs created. The regional center may satisfy this requirement by submitting a copy of Form I-924A of the USCIS to the office.(d) (1) The director shall post on the offices Internet Web site a list with contact information for each regional center where information is readily available to the office. The list shall be updated when new information is made available on at least an annual basis. The director may also include other relevant information obtained by the office pursuant to subdivision (c).(2) The office shall annually report on the number of state designation letters issued pursuant to subdivision (b) and on the information provided to the office pursuant to subdivision (c) in either the offices annual report under Section 13996.65 or in a separate report to the Legislature submitted pursuant to Section 9795. The information on regional centers and designation letters shall, to the extent practicable, be provided in the aggregate, by county, and by legislative district.
12100.51. (a) The office shall serve as the lead state entity for overseeing the states participation with the United States Citizenship and Immigration Services EB-5 Investment Program.(b) The director shall 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.(c) (1) A regional center with one or more offices in the state shall provide the office with contact information for the center and the geographic region, if applicable, and industry sector or subsectors recognized by the United States Citizenship and Immigration Services (USCIS) for that center.(2) A regional center with one or more offices within this state shall annually provide information to the office on the number of clients served, location of investments, and number of direct and indirect jobs created. The regional center may satisfy this requirement by submitting a copy of Form I-924A of the USCIS to the office.(d) (1) The director shall post on the offices Internet Web site a list with contact information for each regional center where information is readily available to the office. The list shall be updated when new information is made available on at least an annual basis. The director may also include other relevant information obtained by the office pursuant to subdivision (c).(2) The office shall annually report on the number of state designation letters issued pursuant to subdivision (b) and on the information provided to the office pursuant to subdivision (c) in either the offices annual report under Section 13996.65 or in a separate report to the Legislature submitted pursuant to Section 9795. The information on regional centers and designation letters shall, to the extent practicable, be provided in the aggregate, by county, and by legislative district.
12100.51. (a) The office shall serve as the lead state entity for overseeing the states participation with the United States Citizenship and Immigration Services EB-5 Investment Program.(b) The director shall 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.(c) (1) A regional center with one or more offices in the state shall provide the office with contact information for the center and the geographic region, if applicable, and industry sector or subsectors recognized by the United States Citizenship and Immigration Services (USCIS) for that center.(2) A regional center with one or more offices within this state shall annually provide information to the office on the number of clients served, location of investments, and number of direct and indirect jobs created. The regional center may satisfy this requirement by submitting a copy of Form I-924A of the USCIS to the office.(d) (1) The director shall post on the offices Internet Web site a list with contact information for each regional center where information is readily available to the office. The list shall be updated when new information is made available on at least an annual basis. The director may also include other relevant information obtained by the office pursuant to subdivision (c).(2) The office shall annually report on the number of state designation letters issued pursuant to subdivision (b) and on the information provided to the office pursuant to subdivision (c) in either the offices annual report under Section 13996.65 or in a separate report to the Legislature submitted pursuant to Section 9795. The information on regional centers and designation letters shall, to the extent practicable, be provided in the aggregate, by county, and by legislative district.
12100.51. (a) The office shall serve as the lead state entity for overseeing the states participation with the United States Citizenship and Immigration Services EB-5 Investment Program.
(b) The director shall 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.
(c) (1) A regional center with one or more offices in the state shall provide the office with contact information for the center and the geographic region, if applicable, and industry sector or subsectors recognized by the United States Citizenship and Immigration Services (USCIS) for that center.
(2) A regional center with one or more offices within this state shall annually provide information to the office on the number of clients served, location of investments, and number of direct and indirect jobs created. The regional center may satisfy this requirement by submitting a copy of Form I-924A of the USCIS to the office.
(d) (1) The director shall post on the offices Internet Web site a list with contact information for each regional center where information is readily available to the office. The list shall be updated when new information is made available on at least an annual basis. The director may also include other relevant information obtained by the office pursuant to subdivision (c).
(2) The office shall annually report on the number of state designation letters issued pursuant to subdivision (b) and on the information provided to the office pursuant to subdivision (c) in either the offices annual report under Section 13996.65 or in a separate report to the Legislature submitted pursuant to Section 9795. The information on regional centers and designation letters shall, to the extent practicable, be provided in the aggregate, by county, and by legislative district.
SEC. 10. Section 6315.2 of the Government Code is amended and renumbered to read:12100.52. Any public or private corporation authorized to establish, operate, and maintain a regional center whose application is granted pursuant to the terms of the Immigration and Nationality Act may establish, operate, and maintain the regional center subject to the conditions and restrictions of the EB-5 Investment Program, and any amendments thereto, and any conditions and restrictions established by the director pursuant to this article.
SEC. 10. Section 6315.2 of the Government Code is amended and renumbered to read:
### SEC. 10.
12100.52. Any public or private corporation authorized to establish, operate, and maintain a regional center whose application is granted pursuant to the terms of the Immigration and Nationality Act may establish, operate, and maintain the regional center subject to the conditions and restrictions of the EB-5 Investment Program, and any amendments thereto, and any conditions and restrictions established by the director pursuant to this article.
12100.52. Any public or private corporation authorized to establish, operate, and maintain a regional center whose application is granted pursuant to the terms of the Immigration and Nationality Act may establish, operate, and maintain the regional center subject to the conditions and restrictions of the EB-5 Investment Program, and any amendments thereto, and any conditions and restrictions established by the director pursuant to this article.
12100.52. Any public or private corporation authorized to establish, operate, and maintain a regional center whose application is granted pursuant to the terms of the Immigration and Nationality Act may establish, operate, and maintain the regional center subject to the conditions and restrictions of the EB-5 Investment Program, and any amendments thereto, and any conditions and restrictions established by the director pursuant to this article.
12100.52. Any public or private corporation authorized to establish, operate, and maintain a regional center whose application is granted pursuant to the terms of the Immigration and Nationality Act may establish, operate, and maintain the regional center subject to the conditions and restrictions of the EB-5 Investment Program, and any amendments thereto, and any conditions and restrictions established by the director pursuant to this article.
SEC. 11. Section 6315.3 of the Government Code is amended and renumbered to read:12100.53. This article shall apply only to EB-5 activities of the state relating to the EB-5 Investment Program occurring on or after January 1, 2014.
SEC. 11. Section 6315.3 of the Government Code is amended and renumbered to read:
### SEC. 11.
12100.53. This article shall apply only to EB-5 activities of the state relating to the EB-5 Investment Program occurring on or after January 1, 2014.
12100.53. This article shall apply only to EB-5 activities of the state relating to the EB-5 Investment Program occurring on or after January 1, 2014.
12100.53. This article shall apply only to EB-5 activities of the state relating to the EB-5 Investment Program occurring on or after January 1, 2014.
12100.53. This article shall apply only to EB-5 activities of the state relating to the EB-5 Investment Program occurring on or after January 1, 2014.
SEC. 12. The heading of Article 6.7 (commencing with Section 12100.50) is added to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, to read: Article 6.7. California Foreign Investment Program
SEC. 12. The heading of Article 6.7 (commencing with Section 12100.50) is added to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, to read:
### SEC. 12.
Article 6.7. California Foreign Investment Program
Article 6.7. California Foreign Investment Program
Article 6.7. California Foreign Investment Program
Article 6.7. California Foreign Investment Program