CA
California Senate Bill SB635

California 2017-2018 Regular Session

California Senate Bill SB635 Compare Versions

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1-Senate Bill No. 635 CHAPTER 888An act to add Article 4.6 (commencing with Section 12097.5) to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, relating to economic development. [ Approved by Governor September 28, 2018. Filed with Secretary of State September 28, 2018. ] LEGISLATIVE COUNSEL'S DIGESTSB 635, Hueso. Governors Office of Business and Economic Development: local economic development liaison services.Existing law establishes the Governors Office of Business and Economic Development in state government. Existing law requires that the office 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. Existing state regulation defines a Federal Promise Zone as any area with a continuous boundary and a population of not more than 200,000 that is nominated by a local government or Indian tribe and designated by the United States Department of Housing and Urban Development to receive priority for federal funding on the basis of its unemployment, poverty, vacancy, and crime rates. Existing federal law allows for the designation of certain census tracts as opportunity zones, and provides that specified investments in these zones receive beneficial tax treatment.This bill would authorize the Governors Office of Business and Economic Development to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, California Promise Zones and California Opportunity Zones, as defined. The bill would require the Governors Office of Business and Economic Development to convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs, as provided.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. The Legislature hereby finds and declares the following:(a) Despite overall statewide economic improvement in recent years, there remain pockets of significant unemployment and economic distress in certain areas of the state.(b) The federal Department of Housing and Urban Development recently designated Promise Zones throughout the country, including four in California, which are intended to boost economic activity and job growth, improve educational opportunities, reduce crime, and leverage private investment to improve the quality of life in these vulnerable areas.(c) The Secretary of the United States Treasury certified 879 Opportunity Zones within California which are designed to create incentives for investments and job creation in distressed communities and is currently developing guidelines outlining how the program will work.SEC. 2. Article 4.6 (commencing with Section 12097.5) is added to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, to read: Article 4.6. Local Economic Development Liaison Services12097.5. (a) (1) The Governors Office of Business and Economic Development is hereby authorized to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, federal Promise Zones within California that are designated by the United States Department of Housing and Urban Development; and Opportunity Zones designated by the United States Treasury, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) The information and resources shall include, but not be limited to, how the local jurisdictions or census tracts were created, where locals and investors may get additional information, and updates regarding federal programs as that information becomes available.(b) The Governors Office of Business and Economic Development shall convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs. The convention topics shall include, but not be limited to, discussions on enhanced engagement opportunities and targeted outreach to assist designated areas in their efforts to access state resources and services.(c) As used in this section:(1) California Opportunity Zone means a census tract in this state that has been designated by the United States Treasury as an Opportunity Zone, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) California Promise Zone means a community in this state that has been designated by the United States Department of Housing and Urban Development as a Promise Zone.
1+Enrolled September 07, 2018 Passed IN Senate August 31, 2018 Passed IN Assembly August 31, 2018 Amended IN Assembly August 24, 2018 Amended IN Assembly June 27, 2018 Amended IN Assembly June 12, 2018 Amended IN Senate January 23, 2018 Amended IN Senate January 03, 2018 Amended IN Senate April 03, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Bill No. 635Introduced by Senator Hueso(Coauthor: Assembly Member Gonzalez Fletcher)February 17, 2017An act to add Article 4.6 (commencing with Section 12097.5) to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, relating to economic development.LEGISLATIVE COUNSEL'S DIGESTSB 635, Hueso. Governors Office of Business and Economic Development: local economic development liaison services.Existing law establishes the Governors Office of Business and Economic Development in state government. Existing law requires that the office 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. Existing state regulation defines a Federal Promise Zone as any area with a continuous boundary and a population of not more than 200,000 that is nominated by a local government or Indian tribe and designated by the United States Department of Housing and Urban Development to receive priority for federal funding on the basis of its unemployment, poverty, vacancy, and crime rates. Existing federal law allows for the designation of certain census tracts as opportunity zones, and provides that specified investments in these zones receive beneficial tax treatment.This bill would authorize the Governors Office of Business and Economic Development to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, California Promise Zones and California Opportunity Zones, as defined. The bill would require the Governors Office of Business and Economic Development to convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs, as provided.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. The Legislature hereby finds and declares the following:(a) Despite overall statewide economic improvement in recent years, there remain pockets of significant unemployment and economic distress in certain areas of the state.(b) The federal Department of Housing and Urban Development recently designated Promise Zones throughout the country, including four in California, which are intended to boost economic activity and job growth, improve educational opportunities, reduce crime, and leverage private investment to improve the quality of life in these vulnerable areas.(c) The Secretary of the United States Treasury certified 879 Opportunity Zones within California which are designed to create incentives for investments and job creation in distressed communities and is currently developing guidelines outlining how the program will work.SEC. 2. Article 4.6 (commencing with Section 12097.5) is added to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, to read: Article 4.6. Local Economic Development Liaison Services12097.5. (a) (1) The Governors Office of Business and Economic Development is hereby authorized to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, federal Promise Zones within California that are designated by the United States Department of Housing and Urban Development; and Opportunity Zones designated by the United States Treasury, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) The information and resources shall include, but not be limited to, how the local jurisdictions or census tracts were created, where locals and investors may get additional information, and updates regarding federal programs as that information becomes available.(b) The Governors Office of Business and Economic Development shall convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs. The convention topics shall include, but not be limited to, discussions on enhanced engagement opportunities and targeted outreach to assist designated areas in their efforts to access state resources and services.(c) As used in this section:(1) California Opportunity Zone means a census tract in this state that has been designated by the United States Treasury as an Opportunity Zone, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) California Promise Zone means a community in this state that has been designated by the United States Department of Housing and Urban Development as a Promise Zone.
22
3- Senate Bill No. 635 CHAPTER 888An act to add Article 4.6 (commencing with Section 12097.5) to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, relating to economic development. [ Approved by Governor September 28, 2018. Filed with Secretary of State September 28, 2018. ] LEGISLATIVE COUNSEL'S DIGESTSB 635, Hueso. Governors Office of Business and Economic Development: local economic development liaison services.Existing law establishes the Governors Office of Business and Economic Development in state government. Existing law requires that the office 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. Existing state regulation defines a Federal Promise Zone as any area with a continuous boundary and a population of not more than 200,000 that is nominated by a local government or Indian tribe and designated by the United States Department of Housing and Urban Development to receive priority for federal funding on the basis of its unemployment, poverty, vacancy, and crime rates. Existing federal law allows for the designation of certain census tracts as opportunity zones, and provides that specified investments in these zones receive beneficial tax treatment.This bill would authorize the Governors Office of Business and Economic Development to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, California Promise Zones and California Opportunity Zones, as defined. The bill would require the Governors Office of Business and Economic Development to convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs, as provided.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO
3+ Enrolled September 07, 2018 Passed IN Senate August 31, 2018 Passed IN Assembly August 31, 2018 Amended IN Assembly August 24, 2018 Amended IN Assembly June 27, 2018 Amended IN Assembly June 12, 2018 Amended IN Senate January 23, 2018 Amended IN Senate January 03, 2018 Amended IN Senate April 03, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Bill No. 635Introduced by Senator Hueso(Coauthor: Assembly Member Gonzalez Fletcher)February 17, 2017An act to add Article 4.6 (commencing with Section 12097.5) to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, relating to economic development.LEGISLATIVE COUNSEL'S DIGESTSB 635, Hueso. Governors Office of Business and Economic Development: local economic development liaison services.Existing law establishes the Governors Office of Business and Economic Development in state government. Existing law requires that the office 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. Existing state regulation defines a Federal Promise Zone as any area with a continuous boundary and a population of not more than 200,000 that is nominated by a local government or Indian tribe and designated by the United States Department of Housing and Urban Development to receive priority for federal funding on the basis of its unemployment, poverty, vacancy, and crime rates. Existing federal law allows for the designation of certain census tracts as opportunity zones, and provides that specified investments in these zones receive beneficial tax treatment.This bill would authorize the Governors Office of Business and Economic Development to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, California Promise Zones and California Opportunity Zones, as defined. The bill would require the Governors Office of Business and Economic Development to convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs, as provided.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO
4+
5+ Enrolled September 07, 2018 Passed IN Senate August 31, 2018 Passed IN Assembly August 31, 2018 Amended IN Assembly August 24, 2018 Amended IN Assembly June 27, 2018 Amended IN Assembly June 12, 2018 Amended IN Senate January 23, 2018 Amended IN Senate January 03, 2018 Amended IN Senate April 03, 2017
6+
7+Enrolled September 07, 2018
8+Passed IN Senate August 31, 2018
9+Passed IN Assembly August 31, 2018
10+Amended IN Assembly August 24, 2018
11+Amended IN Assembly June 27, 2018
12+Amended IN Assembly June 12, 2018
13+Amended IN Senate January 23, 2018
14+Amended IN Senate January 03, 2018
15+Amended IN Senate April 03, 2017
16+
17+ CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
418
519 Senate Bill No. 635
6-CHAPTER 888
20+
21+Introduced by Senator Hueso(Coauthor: Assembly Member Gonzalez Fletcher)February 17, 2017
22+
23+Introduced by Senator Hueso(Coauthor: Assembly Member Gonzalez Fletcher)
24+February 17, 2017
725
826 An act to add Article 4.6 (commencing with Section 12097.5) to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, relating to economic development.
9-
10- [ Approved by Governor September 28, 2018. Filed with Secretary of State September 28, 2018. ]
1127
1228 LEGISLATIVE COUNSEL'S DIGEST
1329
1430 ## LEGISLATIVE COUNSEL'S DIGEST
1531
1632 SB 635, Hueso. Governors Office of Business and Economic Development: local economic development liaison services.
1733
1834 Existing law establishes the Governors Office of Business and Economic Development in state government. Existing law requires that the office 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. Existing state regulation defines a Federal Promise Zone as any area with a continuous boundary and a population of not more than 200,000 that is nominated by a local government or Indian tribe and designated by the United States Department of Housing and Urban Development to receive priority for federal funding on the basis of its unemployment, poverty, vacancy, and crime rates. Existing federal law allows for the designation of certain census tracts as opportunity zones, and provides that specified investments in these zones receive beneficial tax treatment.This bill would authorize the Governors Office of Business and Economic Development to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, California Promise Zones and California Opportunity Zones, as defined. The bill would require the Governors Office of Business and Economic Development to convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs, as provided.
1935
2036 Existing law establishes the Governors Office of Business and Economic Development in state government. Existing law requires that the office 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. Existing state regulation defines a Federal Promise Zone as any area with a continuous boundary and a population of not more than 200,000 that is nominated by a local government or Indian tribe and designated by the United States Department of Housing and Urban Development to receive priority for federal funding on the basis of its unemployment, poverty, vacancy, and crime rates. Existing federal law allows for the designation of certain census tracts as opportunity zones, and provides that specified investments in these zones receive beneficial tax treatment.
2137
2238 This bill would authorize the Governors Office of Business and Economic Development to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, California Promise Zones and California Opportunity Zones, as defined. The bill would require the Governors Office of Business and Economic Development to convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs, as provided.
2339
2440 ## Digest Key
2541
2642 ## Bill Text
2743
2844 The people of the State of California do enact as follows:SECTION 1. The Legislature hereby finds and declares the following:(a) Despite overall statewide economic improvement in recent years, there remain pockets of significant unemployment and economic distress in certain areas of the state.(b) The federal Department of Housing and Urban Development recently designated Promise Zones throughout the country, including four in California, which are intended to boost economic activity and job growth, improve educational opportunities, reduce crime, and leverage private investment to improve the quality of life in these vulnerable areas.(c) The Secretary of the United States Treasury certified 879 Opportunity Zones within California which are designed to create incentives for investments and job creation in distressed communities and is currently developing guidelines outlining how the program will work.SEC. 2. Article 4.6 (commencing with Section 12097.5) is added to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, to read: Article 4.6. Local Economic Development Liaison Services12097.5. (a) (1) The Governors Office of Business and Economic Development is hereby authorized to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, federal Promise Zones within California that are designated by the United States Department of Housing and Urban Development; and Opportunity Zones designated by the United States Treasury, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) The information and resources shall include, but not be limited to, how the local jurisdictions or census tracts were created, where locals and investors may get additional information, and updates regarding federal programs as that information becomes available.(b) The Governors Office of Business and Economic Development shall convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs. The convention topics shall include, but not be limited to, discussions on enhanced engagement opportunities and targeted outreach to assist designated areas in their efforts to access state resources and services.(c) As used in this section:(1) California Opportunity Zone means a census tract in this state that has been designated by the United States Treasury as an Opportunity Zone, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) California Promise Zone means a community in this state that has been designated by the United States Department of Housing and Urban Development as a Promise Zone.
2945
3046 The people of the State of California do enact as follows:
3147
3248 ## The people of the State of California do enact as follows:
3349
3450 SECTION 1. The Legislature hereby finds and declares the following:(a) Despite overall statewide economic improvement in recent years, there remain pockets of significant unemployment and economic distress in certain areas of the state.(b) The federal Department of Housing and Urban Development recently designated Promise Zones throughout the country, including four in California, which are intended to boost economic activity and job growth, improve educational opportunities, reduce crime, and leverage private investment to improve the quality of life in these vulnerable areas.(c) The Secretary of the United States Treasury certified 879 Opportunity Zones within California which are designed to create incentives for investments and job creation in distressed communities and is currently developing guidelines outlining how the program will work.
3551
3652 SECTION 1. The Legislature hereby finds and declares the following:(a) Despite overall statewide economic improvement in recent years, there remain pockets of significant unemployment and economic distress in certain areas of the state.(b) The federal Department of Housing and Urban Development recently designated Promise Zones throughout the country, including four in California, which are intended to boost economic activity and job growth, improve educational opportunities, reduce crime, and leverage private investment to improve the quality of life in these vulnerable areas.(c) The Secretary of the United States Treasury certified 879 Opportunity Zones within California which are designed to create incentives for investments and job creation in distressed communities and is currently developing guidelines outlining how the program will work.
3753
3854 SECTION 1. The Legislature hereby finds and declares the following:
3955
4056 ### SECTION 1.
4157
4258 (a) Despite overall statewide economic improvement in recent years, there remain pockets of significant unemployment and economic distress in certain areas of the state.
4359
4460 (b) The federal Department of Housing and Urban Development recently designated Promise Zones throughout the country, including four in California, which are intended to boost economic activity and job growth, improve educational opportunities, reduce crime, and leverage private investment to improve the quality of life in these vulnerable areas.
4561
4662 (c) The Secretary of the United States Treasury certified 879 Opportunity Zones within California which are designed to create incentives for investments and job creation in distressed communities and is currently developing guidelines outlining how the program will work.
4763
4864 SEC. 2. Article 4.6 (commencing with Section 12097.5) is added to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, to read: Article 4.6. Local Economic Development Liaison Services12097.5. (a) (1) The Governors Office of Business and Economic Development is hereby authorized to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, federal Promise Zones within California that are designated by the United States Department of Housing and Urban Development; and Opportunity Zones designated by the United States Treasury, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) The information and resources shall include, but not be limited to, how the local jurisdictions or census tracts were created, where locals and investors may get additional information, and updates regarding federal programs as that information becomes available.(b) The Governors Office of Business and Economic Development shall convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs. The convention topics shall include, but not be limited to, discussions on enhanced engagement opportunities and targeted outreach to assist designated areas in their efforts to access state resources and services.(c) As used in this section:(1) California Opportunity Zone means a census tract in this state that has been designated by the United States Treasury as an Opportunity Zone, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) California Promise Zone means a community in this state that has been designated by the United States Department of Housing and Urban Development as a Promise Zone.
4965
5066 SEC. 2. Article 4.6 (commencing with Section 12097.5) is added to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, to read:
5167
5268 ### SEC. 2.
5369
5470 Article 4.6. Local Economic Development Liaison Services12097.5. (a) (1) The Governors Office of Business and Economic Development is hereby authorized to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, federal Promise Zones within California that are designated by the United States Department of Housing and Urban Development; and Opportunity Zones designated by the United States Treasury, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) The information and resources shall include, but not be limited to, how the local jurisdictions or census tracts were created, where locals and investors may get additional information, and updates regarding federal programs as that information becomes available.(b) The Governors Office of Business and Economic Development shall convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs. The convention topics shall include, but not be limited to, discussions on enhanced engagement opportunities and targeted outreach to assist designated areas in their efforts to access state resources and services.(c) As used in this section:(1) California Opportunity Zone means a census tract in this state that has been designated by the United States Treasury as an Opportunity Zone, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) California Promise Zone means a community in this state that has been designated by the United States Department of Housing and Urban Development as a Promise Zone.
5571
5672 Article 4.6. Local Economic Development Liaison Services12097.5. (a) (1) The Governors Office of Business and Economic Development is hereby authorized to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, federal Promise Zones within California that are designated by the United States Department of Housing and Urban Development; and Opportunity Zones designated by the United States Treasury, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) The information and resources shall include, but not be limited to, how the local jurisdictions or census tracts were created, where locals and investors may get additional information, and updates regarding federal programs as that information becomes available.(b) The Governors Office of Business and Economic Development shall convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs. The convention topics shall include, but not be limited to, discussions on enhanced engagement opportunities and targeted outreach to assist designated areas in their efforts to access state resources and services.(c) As used in this section:(1) California Opportunity Zone means a census tract in this state that has been designated by the United States Treasury as an Opportunity Zone, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) California Promise Zone means a community in this state that has been designated by the United States Department of Housing and Urban Development as a Promise Zone.
5773
5874 Article 4.6. Local Economic Development Liaison Services
5975
6076 Article 4.6. Local Economic Development Liaison Services
6177
6278 12097.5. (a) (1) The Governors Office of Business and Economic Development is hereby authorized to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, federal Promise Zones within California that are designated by the United States Department of Housing and Urban Development; and Opportunity Zones designated by the United States Treasury, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) The information and resources shall include, but not be limited to, how the local jurisdictions or census tracts were created, where locals and investors may get additional information, and updates regarding federal programs as that information becomes available.(b) The Governors Office of Business and Economic Development shall convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs. The convention topics shall include, but not be limited to, discussions on enhanced engagement opportunities and targeted outreach to assist designated areas in their efforts to access state resources and services.(c) As used in this section:(1) California Opportunity Zone means a census tract in this state that has been designated by the United States Treasury as an Opportunity Zone, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.(2) California Promise Zone means a community in this state that has been designated by the United States Department of Housing and Urban Development as a Promise Zone.
6379
6480
6581
6682 12097.5. (a) (1) The Governors Office of Business and Economic Development is hereby authorized to develop content on its Internet Web site or through other mediums to be used for public dissemination, through outreach activities, in order to provide information and resources to inform the general public about place-based and other geographically targeted economic development programs, including, but not limited to, federal Promise Zones within California that are designated by the United States Department of Housing and Urban Development; and Opportunity Zones designated by the United States Treasury, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.
6783
6884 (2) The information and resources shall include, but not be limited to, how the local jurisdictions or census tracts were created, where locals and investors may get additional information, and updates regarding federal programs as that information becomes available.
6985
7086 (b) The Governors Office of Business and Economic Development shall convene, at least annually, representatives from various programs and agencies across the state and from various federal programs and agencies for the purpose of discussing how California can leverage Promise Zones and Opportunity Zones to meet state and local community and economic development needs. The convention topics shall include, but not be limited to, discussions on enhanced engagement opportunities and targeted outreach to assist designated areas in their efforts to access state resources and services.
7187
7288 (c) As used in this section:
7389
7490 (1) California Opportunity Zone means a census tract in this state that has been designated by the United States Treasury as an Opportunity Zone, pursuant to Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code.
7591
7692 (2) California Promise Zone means a community in this state that has been designated by the United States Department of Housing and Urban Development as a Promise Zone.