| 1 | 1 | | CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION Assembly Bill No. 2374Introduced by Assembly Member ArambulaFebruary 18, 2020 An act to add Chapter 5 (commencing with Section 13999) to Part 4.7 of Division 3 of Title 2 of the Government Code, relating to state government. LEGISLATIVE COUNSEL'S DIGESTAB 2374, as introduced, Arambula. California Bioscience Economic Opportunity Authority.The California Constitution establishes the Office of the Treasurer. Existing law requires the Treasurer to serve on various commissions, including the California Healthy Food Financing Initiative Council, the California Alternative Energy and Advanced Transportation Financing Authority, and the California Passenger Rail Financing Commission.This bill would establish the California Bioscience Economic Opportunity Authority within the Office of the Treasurer with the purpose of administering grants from the state, and engaging in other activities to promote innovation, research, and education in the bioscience industry. The bill would provide that the authority consists of the Director of Finance, the Controller, and the Treasurer. The bill would establish the Bioscience Grant Program, to be administered by the authority and would require the authority to award grants on a competitive basis to applicants that can demonstrate that grants will be used to promote innovation, research, and education in the bioscience industry.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. Chapter 5 (commencing with Section 13999) is added to Part 4.7 of Division 3 of Title 2 of the Government Code, to read: CHAPTER 5. California Bioscience Economic Opportunity Authority Act13999. This chapter shall be known, and may be cited, as the California Bioscience Economic Opportunity Authority Act.13999.1. The purpose of the authority is to administer grants from the state, and engage in other activities to promote innovation, research, and education in the bioscience industry in the state.13999.2. For purposes of this chapter:(a) Authority means the California Bioscience Economic Opportunity Authority established pursuant to Section 13999.3.(b) Program means the Bioscience Grant Program established pursuant to Section 13999.4.13999.3. (a) There is hereby created the California Bioscience Economic Opportunity Authority within the Office of the Treasurer that shall consist of the following members:(1) The Director of Finance.(2) The Controller.(3) The Treasurer, who shall serve as the chairperson of the authority.(b) The members listed in paragraphs (1) to (3), inclusive, of subdivision (a) may each assign a designee to act for and represent the member at all meetings of the authority. Moneys for the grant program shall be made available upon appropriation by the Legislature in the Budget Act.13999.4. (a) There is within the Office of the Treasurer the Bioscience Grant Program, which shall be administered by the authority.(b) Program grants shall be awarded on a competitive basis to applicants that can demonstrate that grants will be used to promote innovation, research, and education in the bioscience industry.(c) The authority shall establish a process to apply for program grants and establish a criteria for evaluating applications. |
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| 3 | 3 | | CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION Assembly Bill No. 2374Introduced by Assembly Member ArambulaFebruary 18, 2020 An act to add Chapter 5 (commencing with Section 13999) to Part 4.7 of Division 3 of Title 2 of the Government Code, relating to state government. LEGISLATIVE COUNSEL'S DIGESTAB 2374, as introduced, Arambula. California Bioscience Economic Opportunity Authority.The California Constitution establishes the Office of the Treasurer. Existing law requires the Treasurer to serve on various commissions, including the California Healthy Food Financing Initiative Council, the California Alternative Energy and Advanced Transportation Financing Authority, and the California Passenger Rail Financing Commission.This bill would establish the California Bioscience Economic Opportunity Authority within the Office of the Treasurer with the purpose of administering grants from the state, and engaging in other activities to promote innovation, research, and education in the bioscience industry. The bill would provide that the authority consists of the Director of Finance, the Controller, and the Treasurer. The bill would establish the Bioscience Grant Program, to be administered by the authority and would require the authority to award grants on a competitive basis to applicants that can demonstrate that grants will be used to promote innovation, research, and education in the bioscience industry.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO |
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| 9 | 9 | | CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION |
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| 11 | 11 | | Assembly Bill |
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| 13 | 13 | | No. 2374 |
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| 15 | 15 | | Introduced by Assembly Member ArambulaFebruary 18, 2020 |
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| 17 | 17 | | Introduced by Assembly Member Arambula |
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| 18 | 18 | | February 18, 2020 |
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| 19 | 19 | | |
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| 20 | 20 | | An act to add Chapter 5 (commencing with Section 13999) to Part 4.7 of Division 3 of Title 2 of the Government Code, relating to state government. |
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| 21 | 21 | | |
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| 22 | 22 | | LEGISLATIVE COUNSEL'S DIGEST |
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| 24 | 24 | | ## LEGISLATIVE COUNSEL'S DIGEST |
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| 25 | 25 | | |
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| 26 | 26 | | AB 2374, as introduced, Arambula. California Bioscience Economic Opportunity Authority. |
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| 27 | 27 | | |
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| 28 | 28 | | The California Constitution establishes the Office of the Treasurer. Existing law requires the Treasurer to serve on various commissions, including the California Healthy Food Financing Initiative Council, the California Alternative Energy and Advanced Transportation Financing Authority, and the California Passenger Rail Financing Commission.This bill would establish the California Bioscience Economic Opportunity Authority within the Office of the Treasurer with the purpose of administering grants from the state, and engaging in other activities to promote innovation, research, and education in the bioscience industry. The bill would provide that the authority consists of the Director of Finance, the Controller, and the Treasurer. The bill would establish the Bioscience Grant Program, to be administered by the authority and would require the authority to award grants on a competitive basis to applicants that can demonstrate that grants will be used to promote innovation, research, and education in the bioscience industry. |
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| 30 | 30 | | The California Constitution establishes the Office of the Treasurer. Existing law requires the Treasurer to serve on various commissions, including the California Healthy Food Financing Initiative Council, the California Alternative Energy and Advanced Transportation Financing Authority, and the California Passenger Rail Financing Commission. |
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| 32 | 32 | | This bill would establish the California Bioscience Economic Opportunity Authority within the Office of the Treasurer with the purpose of administering grants from the state, and engaging in other activities to promote innovation, research, and education in the bioscience industry. The bill would provide that the authority consists of the Director of Finance, the Controller, and the Treasurer. The bill would establish the Bioscience Grant Program, to be administered by the authority and would require the authority to award grants on a competitive basis to applicants that can demonstrate that grants will be used to promote innovation, research, and education in the bioscience industry. |
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| 34 | 34 | | ## Digest Key |
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| 36 | 36 | | ## Bill Text |
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| 38 | 38 | | The people of the State of California do enact as follows:SECTION 1. Chapter 5 (commencing with Section 13999) is added to Part 4.7 of Division 3 of Title 2 of the Government Code, to read: CHAPTER 5. California Bioscience Economic Opportunity Authority Act13999. This chapter shall be known, and may be cited, as the California Bioscience Economic Opportunity Authority Act.13999.1. The purpose of the authority is to administer grants from the state, and engage in other activities to promote innovation, research, and education in the bioscience industry in the state.13999.2. For purposes of this chapter:(a) Authority means the California Bioscience Economic Opportunity Authority established pursuant to Section 13999.3.(b) Program means the Bioscience Grant Program established pursuant to Section 13999.4.13999.3. (a) There is hereby created the California Bioscience Economic Opportunity Authority within the Office of the Treasurer that shall consist of the following members:(1) The Director of Finance.(2) The Controller.(3) The Treasurer, who shall serve as the chairperson of the authority.(b) The members listed in paragraphs (1) to (3), inclusive, of subdivision (a) may each assign a designee to act for and represent the member at all meetings of the authority. Moneys for the grant program shall be made available upon appropriation by the Legislature in the Budget Act.13999.4. (a) There is within the Office of the Treasurer the Bioscience Grant Program, which shall be administered by the authority.(b) Program grants shall be awarded on a competitive basis to applicants that can demonstrate that grants will be used to promote innovation, research, and education in the bioscience industry.(c) The authority shall establish a process to apply for program grants and establish a criteria for evaluating applications. |
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| 40 | 40 | | The people of the State of California do enact as follows: |
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| 42 | 42 | | ## The people of the State of California do enact as follows: |
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| 44 | 44 | | SECTION 1. Chapter 5 (commencing with Section 13999) is added to Part 4.7 of Division 3 of Title 2 of the Government Code, to read: CHAPTER 5. California Bioscience Economic Opportunity Authority Act13999. This chapter shall be known, and may be cited, as the California Bioscience Economic Opportunity Authority Act.13999.1. The purpose of the authority is to administer grants from the state, and engage in other activities to promote innovation, research, and education in the bioscience industry in the state.13999.2. For purposes of this chapter:(a) Authority means the California Bioscience Economic Opportunity Authority established pursuant to Section 13999.3.(b) Program means the Bioscience Grant Program established pursuant to Section 13999.4.13999.3. (a) There is hereby created the California Bioscience Economic Opportunity Authority within the Office of the Treasurer that shall consist of the following members:(1) The Director of Finance.(2) The Controller.(3) The Treasurer, who shall serve as the chairperson of the authority.(b) The members listed in paragraphs (1) to (3), inclusive, of subdivision (a) may each assign a designee to act for and represent the member at all meetings of the authority. Moneys for the grant program shall be made available upon appropriation by the Legislature in the Budget Act.13999.4. (a) There is within the Office of the Treasurer the Bioscience Grant Program, which shall be administered by the authority.(b) Program grants shall be awarded on a competitive basis to applicants that can demonstrate that grants will be used to promote innovation, research, and education in the bioscience industry.(c) The authority shall establish a process to apply for program grants and establish a criteria for evaluating applications. |
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| 46 | 46 | | SECTION 1. Chapter 5 (commencing with Section 13999) is added to Part 4.7 of Division 3 of Title 2 of the Government Code, to read: |
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| 47 | 47 | | |
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| 48 | 48 | | ### SECTION 1. |
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| 50 | 50 | | CHAPTER 5. California Bioscience Economic Opportunity Authority Act13999. This chapter shall be known, and may be cited, as the California Bioscience Economic Opportunity Authority Act.13999.1. The purpose of the authority is to administer grants from the state, and engage in other activities to promote innovation, research, and education in the bioscience industry in the state.13999.2. For purposes of this chapter:(a) Authority means the California Bioscience Economic Opportunity Authority established pursuant to Section 13999.3.(b) Program means the Bioscience Grant Program established pursuant to Section 13999.4.13999.3. (a) There is hereby created the California Bioscience Economic Opportunity Authority within the Office of the Treasurer that shall consist of the following members:(1) The Director of Finance.(2) The Controller.(3) The Treasurer, who shall serve as the chairperson of the authority.(b) The members listed in paragraphs (1) to (3), inclusive, of subdivision (a) may each assign a designee to act for and represent the member at all meetings of the authority. Moneys for the grant program shall be made available upon appropriation by the Legislature in the Budget Act.13999.4. (a) There is within the Office of the Treasurer the Bioscience Grant Program, which shall be administered by the authority.(b) Program grants shall be awarded on a competitive basis to applicants that can demonstrate that grants will be used to promote innovation, research, and education in the bioscience industry.(c) The authority shall establish a process to apply for program grants and establish a criteria for evaluating applications. |
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| 52 | 52 | | CHAPTER 5. California Bioscience Economic Opportunity Authority Act13999. This chapter shall be known, and may be cited, as the California Bioscience Economic Opportunity Authority Act.13999.1. The purpose of the authority is to administer grants from the state, and engage in other activities to promote innovation, research, and education in the bioscience industry in the state.13999.2. For purposes of this chapter:(a) Authority means the California Bioscience Economic Opportunity Authority established pursuant to Section 13999.3.(b) Program means the Bioscience Grant Program established pursuant to Section 13999.4.13999.3. (a) There is hereby created the California Bioscience Economic Opportunity Authority within the Office of the Treasurer that shall consist of the following members:(1) The Director of Finance.(2) The Controller.(3) The Treasurer, who shall serve as the chairperson of the authority.(b) The members listed in paragraphs (1) to (3), inclusive, of subdivision (a) may each assign a designee to act for and represent the member at all meetings of the authority. Moneys for the grant program shall be made available upon appropriation by the Legislature in the Budget Act.13999.4. (a) There is within the Office of the Treasurer the Bioscience Grant Program, which shall be administered by the authority.(b) Program grants shall be awarded on a competitive basis to applicants that can demonstrate that grants will be used to promote innovation, research, and education in the bioscience industry.(c) The authority shall establish a process to apply for program grants and establish a criteria for evaluating applications. |
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| 54 | 54 | | CHAPTER 5. California Bioscience Economic Opportunity Authority Act |
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| 56 | 56 | | CHAPTER 5. California Bioscience Economic Opportunity Authority Act |
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| 58 | 58 | | 13999. This chapter shall be known, and may be cited, as the California Bioscience Economic Opportunity Authority Act. |
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| 62 | 62 | | 13999. This chapter shall be known, and may be cited, as the California Bioscience Economic Opportunity Authority Act. |
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| 64 | 64 | | 13999.1. The purpose of the authority is to administer grants from the state, and engage in other activities to promote innovation, research, and education in the bioscience industry in the state. |
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| 68 | 68 | | 13999.1. The purpose of the authority is to administer grants from the state, and engage in other activities to promote innovation, research, and education in the bioscience industry in the state. |
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| 70 | 70 | | 13999.2. For purposes of this chapter:(a) Authority means the California Bioscience Economic Opportunity Authority established pursuant to Section 13999.3.(b) Program means the Bioscience Grant Program established pursuant to Section 13999.4. |
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| 74 | 74 | | 13999.2. For purposes of this chapter: |
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| 76 | 76 | | (a) Authority means the California Bioscience Economic Opportunity Authority established pursuant to Section 13999.3. |
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| 78 | 78 | | (b) Program means the Bioscience Grant Program established pursuant to Section 13999.4. |
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| 80 | 80 | | 13999.3. (a) There is hereby created the California Bioscience Economic Opportunity Authority within the Office of the Treasurer that shall consist of the following members:(1) The Director of Finance.(2) The Controller.(3) The Treasurer, who shall serve as the chairperson of the authority.(b) The members listed in paragraphs (1) to (3), inclusive, of subdivision (a) may each assign a designee to act for and represent the member at all meetings of the authority. Moneys for the grant program shall be made available upon appropriation by the Legislature in the Budget Act. |
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| 84 | 84 | | 13999.3. (a) There is hereby created the California Bioscience Economic Opportunity Authority within the Office of the Treasurer that shall consist of the following members: |
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| 86 | 86 | | (1) The Director of Finance. |
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| 88 | 88 | | (2) The Controller. |
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| 90 | 90 | | (3) The Treasurer, who shall serve as the chairperson of the authority. |
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| 92 | 92 | | (b) The members listed in paragraphs (1) to (3), inclusive, of subdivision (a) may each assign a designee to act for and represent the member at all meetings of the authority. Moneys for the grant program shall be made available upon appropriation by the Legislature in the Budget Act. |
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| 94 | 94 | | 13999.4. (a) There is within the Office of the Treasurer the Bioscience Grant Program, which shall be administered by the authority.(b) Program grants shall be awarded on a competitive basis to applicants that can demonstrate that grants will be used to promote innovation, research, and education in the bioscience industry.(c) The authority shall establish a process to apply for program grants and establish a criteria for evaluating applications. |
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| 98 | 98 | | 13999.4. (a) There is within the Office of the Treasurer the Bioscience Grant Program, which shall be administered by the authority. |
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| 100 | 100 | | (b) Program grants shall be awarded on a competitive basis to applicants that can demonstrate that grants will be used to promote innovation, research, and education in the bioscience industry. |
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| 102 | 102 | | (c) The authority shall establish a process to apply for program grants and establish a criteria for evaluating applications. |
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