California 2023-2024 Regular Session

California Assembly Bill AB2612 Compare Versions

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11 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 2612Introduced by Assembly Member HooverFebruary 14, 2024 An act to amend Sections 13996.41 and 13997 of the Government Code, relating to state government.LEGISLATIVE COUNSEL'S DIGESTAB 2612, as introduced, Hoover. Governors Office of Business and Economic Development: International trade and investment.Existing law requires the Governors Office of Business and Economic Development (GO-Biz) to develop and implement an International Trade and Investment Program and authorizes the director of GO-Biz to establish international trade and investment offices, as specified. Existing law authorizes GO-Biz to accept nonstate moneys for the purposes of operating an international trade and investment office, as specified. Existing law requires GO-Biz to post a report on its internet website for each donation that it receives to fund an international trade and investment office that is funded in whole or in part by nonstate funds, as specified, or operated under a contract with a nonprofit entity, as specified, and for each donation that it receives for the purposes of promoting international trade and investment events, as specified, within 30 days of receiving those donations.This bill would instead require GO-Biz to post the above-described reports on its internet website from within 15 days of GO-Biz receiving those donations.Existing law authorizes GO-Biz to contract with a nonprofit entity to operate an international trade and investment office. Existing law requires a contract for that purpose to, among other things, require the nonprofit entity to provide GO-Biz with specified information sufficient to satisfy the internet website posting requirement described above within 30 days of the receipt by the nonprofit of each donation used to fund an international trade and investment office.This bill would instead require the contract to require the nonprofit entity to provide GO-Biz with the specified information sufficient to satisfy the internet posting requirement within 15 days of the nonprofit receiving those donations.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. Section 13996.41 of the Government Code is amended to read:13996.41. (a) The Governors Office of Business and Economic Development shall develop and implement an International Trade and Investment Program that does all of the following:(1) Attracts employment-producing direct foreign investment to the state.(2) Provides support for California businesses in accessing international markets, including assistance to increase California exports.(3) Engages in other international trade or foreign investment activities assigned by the Governor.(b) The Director of the Governors Office of Business and Economic Development may establish and terminate international trade and investment offices outside of the United States as he or she the director determines is appropriate if the requirements of Section 13996.65 are satisfied.(c) This section shall not be construed to confer powers or impose duties upon the Governors Office of Business and Economic Development that conflict with any powers conferred or duties imposed upon the Department of Food and Agriculture with respect to the promotion of California agriculture, fish, or forest exports.(d) The Governors Office of Business and Economic Development shall develop a conflict-of-interest and gift policy that applies to the Governors Office of Business and Economic Development and all international trade and investment offices established by it.(e) Any international trade and investment office established by the Governors Office of Business and Economic Development may be funded in whole or in part by nonstate funds.(f) The Governors Office of Business and Economic Development may contract with a nonprofit entity to operate an international trade and investment office. The contract shall, among other provisions, require the nonprofit entity to provide the Governors Office of Business and Economic Development information sufficient to satisfy the reporting requirements in subdivision (c) of Section 13997 within 30 15 days of receipt by the nonprofit entity of each donation used to fund an international trade and investment office.SEC. 2. Section 13997 of the Government Code is amended to read:13997. (a) With respect to international trade and investment offices funded in whole or in part by nonstate funds pursuant to subdivision (e) of Section 13996.41, all of the following shall apply:(1) The Governors Office of Business and Economic Development may accept nonstate moneys, including, but not limited to, federal and private sector funds, for the purposes of operating any international trade and investment office, subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year. The donor may specify the international trade and investment office for which the private sector moneys shall be used. The private sector moneys shall be deposited in the Economic Development and Trade Promotion Account, which is hereby established in the Special Deposit Fund (Art. 2 (commencing with Section 16370), Ch. 2, Pt. 2, Div. 4) (Article 2 (commencing with Section 16370) of Chapter 2 of Part 2 of Division 4) within the State Treasury. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account, without regard to fiscal year, for the purposes of this subdivision. Moneys in the Economic Development and Trade Promotion Account may be allocated to an international trade and investment office, and if so allocated shall be maintained by that office in an account. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.(2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain all of the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(b) The Governors Office of Business and Economic Development may accept private moneys for the purposes of promoting international trade and investment events subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). The donor may specify the international trade and investment event for which the private sector moneys shall be used.(1) The private sector moneys shall be deposited into the Economic Development and Trade Promotion Account. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account without regard to fiscal year, for purposes of this subdivision. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.(2) For each donation that it receives to fund international trade and investment events, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(c) With respect to international trade and investment offices operated under contract with a nonprofit entity pursuant to subdivision (f) of Section 13996.41:(1) A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year.(2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(d) Nothing in this section shall affect any requirement of the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)).
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33 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 2612Introduced by Assembly Member HooverFebruary 14, 2024 An act to amend Sections 13996.41 and 13997 of the Government Code, relating to state government.LEGISLATIVE COUNSEL'S DIGESTAB 2612, as introduced, Hoover. Governors Office of Business and Economic Development: International trade and investment.Existing law requires the Governors Office of Business and Economic Development (GO-Biz) to develop and implement an International Trade and Investment Program and authorizes the director of GO-Biz to establish international trade and investment offices, as specified. Existing law authorizes GO-Biz to accept nonstate moneys for the purposes of operating an international trade and investment office, as specified. Existing law requires GO-Biz to post a report on its internet website for each donation that it receives to fund an international trade and investment office that is funded in whole or in part by nonstate funds, as specified, or operated under a contract with a nonprofit entity, as specified, and for each donation that it receives for the purposes of promoting international trade and investment events, as specified, within 30 days of receiving those donations.This bill would instead require GO-Biz to post the above-described reports on its internet website from within 15 days of GO-Biz receiving those donations.Existing law authorizes GO-Biz to contract with a nonprofit entity to operate an international trade and investment office. Existing law requires a contract for that purpose to, among other things, require the nonprofit entity to provide GO-Biz with specified information sufficient to satisfy the internet website posting requirement described above within 30 days of the receipt by the nonprofit of each donation used to fund an international trade and investment office.This bill would instead require the contract to require the nonprofit entity to provide GO-Biz with the specified information sufficient to satisfy the internet posting requirement within 15 days of the nonprofit receiving those donations.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO
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99 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION
1010
1111 Assembly Bill
1212
1313 No. 2612
1414
1515 Introduced by Assembly Member HooverFebruary 14, 2024
1616
1717 Introduced by Assembly Member Hoover
1818 February 14, 2024
1919
2020 An act to amend Sections 13996.41 and 13997 of the Government Code, relating to state government.
2121
2222 LEGISLATIVE COUNSEL'S DIGEST
2323
2424 ## LEGISLATIVE COUNSEL'S DIGEST
2525
2626 AB 2612, as introduced, Hoover. Governors Office of Business and Economic Development: International trade and investment.
2727
2828 Existing law requires the Governors Office of Business and Economic Development (GO-Biz) to develop and implement an International Trade and Investment Program and authorizes the director of GO-Biz to establish international trade and investment offices, as specified. Existing law authorizes GO-Biz to accept nonstate moneys for the purposes of operating an international trade and investment office, as specified. Existing law requires GO-Biz to post a report on its internet website for each donation that it receives to fund an international trade and investment office that is funded in whole or in part by nonstate funds, as specified, or operated under a contract with a nonprofit entity, as specified, and for each donation that it receives for the purposes of promoting international trade and investment events, as specified, within 30 days of receiving those donations.This bill would instead require GO-Biz to post the above-described reports on its internet website from within 15 days of GO-Biz receiving those donations.Existing law authorizes GO-Biz to contract with a nonprofit entity to operate an international trade and investment office. Existing law requires a contract for that purpose to, among other things, require the nonprofit entity to provide GO-Biz with specified information sufficient to satisfy the internet website posting requirement described above within 30 days of the receipt by the nonprofit of each donation used to fund an international trade and investment office.This bill would instead require the contract to require the nonprofit entity to provide GO-Biz with the specified information sufficient to satisfy the internet posting requirement within 15 days of the nonprofit receiving those donations.
2929
3030 Existing law requires the Governors Office of Business and Economic Development (GO-Biz) to develop and implement an International Trade and Investment Program and authorizes the director of GO-Biz to establish international trade and investment offices, as specified. Existing law authorizes GO-Biz to accept nonstate moneys for the purposes of operating an international trade and investment office, as specified. Existing law requires GO-Biz to post a report on its internet website for each donation that it receives to fund an international trade and investment office that is funded in whole or in part by nonstate funds, as specified, or operated under a contract with a nonprofit entity, as specified, and for each donation that it receives for the purposes of promoting international trade and investment events, as specified, within 30 days of receiving those donations.
3131
3232 This bill would instead require GO-Biz to post the above-described reports on its internet website from within 15 days of GO-Biz receiving those donations.
3333
3434 Existing law authorizes GO-Biz to contract with a nonprofit entity to operate an international trade and investment office. Existing law requires a contract for that purpose to, among other things, require the nonprofit entity to provide GO-Biz with specified information sufficient to satisfy the internet website posting requirement described above within 30 days of the receipt by the nonprofit of each donation used to fund an international trade and investment office.
3535
3636 This bill would instead require the contract to require the nonprofit entity to provide GO-Biz with the specified information sufficient to satisfy the internet posting requirement within 15 days of the nonprofit receiving those donations.
3737
3838 ## Digest Key
3939
4040 ## Bill Text
4141
4242 The people of the State of California do enact as follows:SECTION 1. Section 13996.41 of the Government Code is amended to read:13996.41. (a) The Governors Office of Business and Economic Development shall develop and implement an International Trade and Investment Program that does all of the following:(1) Attracts employment-producing direct foreign investment to the state.(2) Provides support for California businesses in accessing international markets, including assistance to increase California exports.(3) Engages in other international trade or foreign investment activities assigned by the Governor.(b) The Director of the Governors Office of Business and Economic Development may establish and terminate international trade and investment offices outside of the United States as he or she the director determines is appropriate if the requirements of Section 13996.65 are satisfied.(c) This section shall not be construed to confer powers or impose duties upon the Governors Office of Business and Economic Development that conflict with any powers conferred or duties imposed upon the Department of Food and Agriculture with respect to the promotion of California agriculture, fish, or forest exports.(d) The Governors Office of Business and Economic Development shall develop a conflict-of-interest and gift policy that applies to the Governors Office of Business and Economic Development and all international trade and investment offices established by it.(e) Any international trade and investment office established by the Governors Office of Business and Economic Development may be funded in whole or in part by nonstate funds.(f) The Governors Office of Business and Economic Development may contract with a nonprofit entity to operate an international trade and investment office. The contract shall, among other provisions, require the nonprofit entity to provide the Governors Office of Business and Economic Development information sufficient to satisfy the reporting requirements in subdivision (c) of Section 13997 within 30 15 days of receipt by the nonprofit entity of each donation used to fund an international trade and investment office.SEC. 2. Section 13997 of the Government Code is amended to read:13997. (a) With respect to international trade and investment offices funded in whole or in part by nonstate funds pursuant to subdivision (e) of Section 13996.41, all of the following shall apply:(1) The Governors Office of Business and Economic Development may accept nonstate moneys, including, but not limited to, federal and private sector funds, for the purposes of operating any international trade and investment office, subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year. The donor may specify the international trade and investment office for which the private sector moneys shall be used. The private sector moneys shall be deposited in the Economic Development and Trade Promotion Account, which is hereby established in the Special Deposit Fund (Art. 2 (commencing with Section 16370), Ch. 2, Pt. 2, Div. 4) (Article 2 (commencing with Section 16370) of Chapter 2 of Part 2 of Division 4) within the State Treasury. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account, without regard to fiscal year, for the purposes of this subdivision. Moneys in the Economic Development and Trade Promotion Account may be allocated to an international trade and investment office, and if so allocated shall be maintained by that office in an account. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.(2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain all of the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(b) The Governors Office of Business and Economic Development may accept private moneys for the purposes of promoting international trade and investment events subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). The donor may specify the international trade and investment event for which the private sector moneys shall be used.(1) The private sector moneys shall be deposited into the Economic Development and Trade Promotion Account. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account without regard to fiscal year, for purposes of this subdivision. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.(2) For each donation that it receives to fund international trade and investment events, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(c) With respect to international trade and investment offices operated under contract with a nonprofit entity pursuant to subdivision (f) of Section 13996.41:(1) A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year.(2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(d) Nothing in this section shall affect any requirement of the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)).
4343
4444 The people of the State of California do enact as follows:
4545
4646 ## The people of the State of California do enact as follows:
4747
4848 SECTION 1. Section 13996.41 of the Government Code is amended to read:13996.41. (a) The Governors Office of Business and Economic Development shall develop and implement an International Trade and Investment Program that does all of the following:(1) Attracts employment-producing direct foreign investment to the state.(2) Provides support for California businesses in accessing international markets, including assistance to increase California exports.(3) Engages in other international trade or foreign investment activities assigned by the Governor.(b) The Director of the Governors Office of Business and Economic Development may establish and terminate international trade and investment offices outside of the United States as he or she the director determines is appropriate if the requirements of Section 13996.65 are satisfied.(c) This section shall not be construed to confer powers or impose duties upon the Governors Office of Business and Economic Development that conflict with any powers conferred or duties imposed upon the Department of Food and Agriculture with respect to the promotion of California agriculture, fish, or forest exports.(d) The Governors Office of Business and Economic Development shall develop a conflict-of-interest and gift policy that applies to the Governors Office of Business and Economic Development and all international trade and investment offices established by it.(e) Any international trade and investment office established by the Governors Office of Business and Economic Development may be funded in whole or in part by nonstate funds.(f) The Governors Office of Business and Economic Development may contract with a nonprofit entity to operate an international trade and investment office. The contract shall, among other provisions, require the nonprofit entity to provide the Governors Office of Business and Economic Development information sufficient to satisfy the reporting requirements in subdivision (c) of Section 13997 within 30 15 days of receipt by the nonprofit entity of each donation used to fund an international trade and investment office.
4949
5050 SECTION 1. Section 13996.41 of the Government Code is amended to read:
5151
5252 ### SECTION 1.
5353
5454 13996.41. (a) The Governors Office of Business and Economic Development shall develop and implement an International Trade and Investment Program that does all of the following:(1) Attracts employment-producing direct foreign investment to the state.(2) Provides support for California businesses in accessing international markets, including assistance to increase California exports.(3) Engages in other international trade or foreign investment activities assigned by the Governor.(b) The Director of the Governors Office of Business and Economic Development may establish and terminate international trade and investment offices outside of the United States as he or she the director determines is appropriate if the requirements of Section 13996.65 are satisfied.(c) This section shall not be construed to confer powers or impose duties upon the Governors Office of Business and Economic Development that conflict with any powers conferred or duties imposed upon the Department of Food and Agriculture with respect to the promotion of California agriculture, fish, or forest exports.(d) The Governors Office of Business and Economic Development shall develop a conflict-of-interest and gift policy that applies to the Governors Office of Business and Economic Development and all international trade and investment offices established by it.(e) Any international trade and investment office established by the Governors Office of Business and Economic Development may be funded in whole or in part by nonstate funds.(f) The Governors Office of Business and Economic Development may contract with a nonprofit entity to operate an international trade and investment office. The contract shall, among other provisions, require the nonprofit entity to provide the Governors Office of Business and Economic Development information sufficient to satisfy the reporting requirements in subdivision (c) of Section 13997 within 30 15 days of receipt by the nonprofit entity of each donation used to fund an international trade and investment office.
5555
5656 13996.41. (a) The Governors Office of Business and Economic Development shall develop and implement an International Trade and Investment Program that does all of the following:(1) Attracts employment-producing direct foreign investment to the state.(2) Provides support for California businesses in accessing international markets, including assistance to increase California exports.(3) Engages in other international trade or foreign investment activities assigned by the Governor.(b) The Director of the Governors Office of Business and Economic Development may establish and terminate international trade and investment offices outside of the United States as he or she the director determines is appropriate if the requirements of Section 13996.65 are satisfied.(c) This section shall not be construed to confer powers or impose duties upon the Governors Office of Business and Economic Development that conflict with any powers conferred or duties imposed upon the Department of Food and Agriculture with respect to the promotion of California agriculture, fish, or forest exports.(d) The Governors Office of Business and Economic Development shall develop a conflict-of-interest and gift policy that applies to the Governors Office of Business and Economic Development and all international trade and investment offices established by it.(e) Any international trade and investment office established by the Governors Office of Business and Economic Development may be funded in whole or in part by nonstate funds.(f) The Governors Office of Business and Economic Development may contract with a nonprofit entity to operate an international trade and investment office. The contract shall, among other provisions, require the nonprofit entity to provide the Governors Office of Business and Economic Development information sufficient to satisfy the reporting requirements in subdivision (c) of Section 13997 within 30 15 days of receipt by the nonprofit entity of each donation used to fund an international trade and investment office.
5757
5858 13996.41. (a) The Governors Office of Business and Economic Development shall develop and implement an International Trade and Investment Program that does all of the following:(1) Attracts employment-producing direct foreign investment to the state.(2) Provides support for California businesses in accessing international markets, including assistance to increase California exports.(3) Engages in other international trade or foreign investment activities assigned by the Governor.(b) The Director of the Governors Office of Business and Economic Development may establish and terminate international trade and investment offices outside of the United States as he or she the director determines is appropriate if the requirements of Section 13996.65 are satisfied.(c) This section shall not be construed to confer powers or impose duties upon the Governors Office of Business and Economic Development that conflict with any powers conferred or duties imposed upon the Department of Food and Agriculture with respect to the promotion of California agriculture, fish, or forest exports.(d) The Governors Office of Business and Economic Development shall develop a conflict-of-interest and gift policy that applies to the Governors Office of Business and Economic Development and all international trade and investment offices established by it.(e) Any international trade and investment office established by the Governors Office of Business and Economic Development may be funded in whole or in part by nonstate funds.(f) The Governors Office of Business and Economic Development may contract with a nonprofit entity to operate an international trade and investment office. The contract shall, among other provisions, require the nonprofit entity to provide the Governors Office of Business and Economic Development information sufficient to satisfy the reporting requirements in subdivision (c) of Section 13997 within 30 15 days of receipt by the nonprofit entity of each donation used to fund an international trade and investment office.
5959
6060
6161
6262 13996.41. (a) The Governors Office of Business and Economic Development shall develop and implement an International Trade and Investment Program that does all of the following:
6363
6464 (1) Attracts employment-producing direct foreign investment to the state.
6565
6666 (2) Provides support for California businesses in accessing international markets, including assistance to increase California exports.
6767
6868 (3) Engages in other international trade or foreign investment activities assigned by the Governor.
6969
7070 (b) The Director of the Governors Office of Business and Economic Development may establish and terminate international trade and investment offices outside of the United States as he or she the director determines is appropriate if the requirements of Section 13996.65 are satisfied.
7171
7272 (c) This section shall not be construed to confer powers or impose duties upon the Governors Office of Business and Economic Development that conflict with any powers conferred or duties imposed upon the Department of Food and Agriculture with respect to the promotion of California agriculture, fish, or forest exports.
7373
7474 (d) The Governors Office of Business and Economic Development shall develop a conflict-of-interest and gift policy that applies to the Governors Office of Business and Economic Development and all international trade and investment offices established by it.
7575
7676 (e) Any international trade and investment office established by the Governors Office of Business and Economic Development may be funded in whole or in part by nonstate funds.
7777
7878 (f) The Governors Office of Business and Economic Development may contract with a nonprofit entity to operate an international trade and investment office. The contract shall, among other provisions, require the nonprofit entity to provide the Governors Office of Business and Economic Development information sufficient to satisfy the reporting requirements in subdivision (c) of Section 13997 within 30 15 days of receipt by the nonprofit entity of each donation used to fund an international trade and investment office.
7979
8080 SEC. 2. Section 13997 of the Government Code is amended to read:13997. (a) With respect to international trade and investment offices funded in whole or in part by nonstate funds pursuant to subdivision (e) of Section 13996.41, all of the following shall apply:(1) The Governors Office of Business and Economic Development may accept nonstate moneys, including, but not limited to, federal and private sector funds, for the purposes of operating any international trade and investment office, subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year. The donor may specify the international trade and investment office for which the private sector moneys shall be used. The private sector moneys shall be deposited in the Economic Development and Trade Promotion Account, which is hereby established in the Special Deposit Fund (Art. 2 (commencing with Section 16370), Ch. 2, Pt. 2, Div. 4) (Article 2 (commencing with Section 16370) of Chapter 2 of Part 2 of Division 4) within the State Treasury. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account, without regard to fiscal year, for the purposes of this subdivision. Moneys in the Economic Development and Trade Promotion Account may be allocated to an international trade and investment office, and if so allocated shall be maintained by that office in an account. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.(2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain all of the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(b) The Governors Office of Business and Economic Development may accept private moneys for the purposes of promoting international trade and investment events subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). The donor may specify the international trade and investment event for which the private sector moneys shall be used.(1) The private sector moneys shall be deposited into the Economic Development and Trade Promotion Account. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account without regard to fiscal year, for purposes of this subdivision. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.(2) For each donation that it receives to fund international trade and investment events, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(c) With respect to international trade and investment offices operated under contract with a nonprofit entity pursuant to subdivision (f) of Section 13996.41:(1) A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year.(2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(d) Nothing in this section shall affect any requirement of the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)).
8181
8282 SEC. 2. Section 13997 of the Government Code is amended to read:
8383
8484 ### SEC. 2.
8585
8686 13997. (a) With respect to international trade and investment offices funded in whole or in part by nonstate funds pursuant to subdivision (e) of Section 13996.41, all of the following shall apply:(1) The Governors Office of Business and Economic Development may accept nonstate moneys, including, but not limited to, federal and private sector funds, for the purposes of operating any international trade and investment office, subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year. The donor may specify the international trade and investment office for which the private sector moneys shall be used. The private sector moneys shall be deposited in the Economic Development and Trade Promotion Account, which is hereby established in the Special Deposit Fund (Art. 2 (commencing with Section 16370), Ch. 2, Pt. 2, Div. 4) (Article 2 (commencing with Section 16370) of Chapter 2 of Part 2 of Division 4) within the State Treasury. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account, without regard to fiscal year, for the purposes of this subdivision. Moneys in the Economic Development and Trade Promotion Account may be allocated to an international trade and investment office, and if so allocated shall be maintained by that office in an account. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.(2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain all of the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(b) The Governors Office of Business and Economic Development may accept private moneys for the purposes of promoting international trade and investment events subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). The donor may specify the international trade and investment event for which the private sector moneys shall be used.(1) The private sector moneys shall be deposited into the Economic Development and Trade Promotion Account. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account without regard to fiscal year, for purposes of this subdivision. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.(2) For each donation that it receives to fund international trade and investment events, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(c) With respect to international trade and investment offices operated under contract with a nonprofit entity pursuant to subdivision (f) of Section 13996.41:(1) A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year.(2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(d) Nothing in this section shall affect any requirement of the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)).
8787
8888 13997. (a) With respect to international trade and investment offices funded in whole or in part by nonstate funds pursuant to subdivision (e) of Section 13996.41, all of the following shall apply:(1) The Governors Office of Business and Economic Development may accept nonstate moneys, including, but not limited to, federal and private sector funds, for the purposes of operating any international trade and investment office, subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year. The donor may specify the international trade and investment office for which the private sector moneys shall be used. The private sector moneys shall be deposited in the Economic Development and Trade Promotion Account, which is hereby established in the Special Deposit Fund (Art. 2 (commencing with Section 16370), Ch. 2, Pt. 2, Div. 4) (Article 2 (commencing with Section 16370) of Chapter 2 of Part 2 of Division 4) within the State Treasury. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account, without regard to fiscal year, for the purposes of this subdivision. Moneys in the Economic Development and Trade Promotion Account may be allocated to an international trade and investment office, and if so allocated shall be maintained by that office in an account. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.(2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain all of the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(b) The Governors Office of Business and Economic Development may accept private moneys for the purposes of promoting international trade and investment events subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). The donor may specify the international trade and investment event for which the private sector moneys shall be used.(1) The private sector moneys shall be deposited into the Economic Development and Trade Promotion Account. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account without regard to fiscal year, for purposes of this subdivision. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.(2) For each donation that it receives to fund international trade and investment events, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(c) With respect to international trade and investment offices operated under contract with a nonprofit entity pursuant to subdivision (f) of Section 13996.41:(1) A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year.(2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(d) Nothing in this section shall affect any requirement of the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)).
8989
9090 13997. (a) With respect to international trade and investment offices funded in whole or in part by nonstate funds pursuant to subdivision (e) of Section 13996.41, all of the following shall apply:(1) The Governors Office of Business and Economic Development may accept nonstate moneys, including, but not limited to, federal and private sector funds, for the purposes of operating any international trade and investment office, subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year. The donor may specify the international trade and investment office for which the private sector moneys shall be used. The private sector moneys shall be deposited in the Economic Development and Trade Promotion Account, which is hereby established in the Special Deposit Fund (Art. 2 (commencing with Section 16370), Ch. 2, Pt. 2, Div. 4) (Article 2 (commencing with Section 16370) of Chapter 2 of Part 2 of Division 4) within the State Treasury. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account, without regard to fiscal year, for the purposes of this subdivision. Moneys in the Economic Development and Trade Promotion Account may be allocated to an international trade and investment office, and if so allocated shall be maintained by that office in an account. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.(2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain all of the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(b) The Governors Office of Business and Economic Development may accept private moneys for the purposes of promoting international trade and investment events subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). The donor may specify the international trade and investment event for which the private sector moneys shall be used.(1) The private sector moneys shall be deposited into the Economic Development and Trade Promotion Account. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account without regard to fiscal year, for purposes of this subdivision. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.(2) For each donation that it receives to fund international trade and investment events, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(c) With respect to international trade and investment offices operated under contract with a nonprofit entity pursuant to subdivision (f) of Section 13996.41:(1) A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year.(2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.(d) Nothing in this section shall affect any requirement of the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)).
9191
9292
9393
9494 13997. (a) With respect to international trade and investment offices funded in whole or in part by nonstate funds pursuant to subdivision (e) of Section 13996.41, all of the following shall apply:
9595
9696 (1) The Governors Office of Business and Economic Development may accept nonstate moneys, including, but not limited to, federal and private sector funds, for the purposes of operating any international trade and investment office, subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year. The donor may specify the international trade and investment office for which the private sector moneys shall be used. The private sector moneys shall be deposited in the Economic Development and Trade Promotion Account, which is hereby established in the Special Deposit Fund (Art. 2 (commencing with Section 16370), Ch. 2, Pt. 2, Div. 4) (Article 2 (commencing with Section 16370) of Chapter 2 of Part 2 of Division 4) within the State Treasury. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account, without regard to fiscal year, for the purposes of this subdivision. Moneys in the Economic Development and Trade Promotion Account may be allocated to an international trade and investment office, and if so allocated shall be maintained by that office in an account. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.
9797
9898 (2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain all of the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.
9999
100100 (b) The Governors Office of Business and Economic Development may accept private moneys for the purposes of promoting international trade and investment events subject to Title 9 (commencing with Section 81000). the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). The donor may specify the international trade and investment event for which the private sector moneys shall be used.
101101
102102 (1) The private sector moneys shall be deposited into the Economic Development and Trade Promotion Account. Notwithstanding Section 13340, the Director of the Governors Office of Business and Economic Development may expend moneys in the Economic Development and Trade Promotion Account without regard to fiscal year, for purposes of this subdivision. Records of donations received and expenditures made pursuant to this section shall be subject to public disclosure.
103103
104104 (2) For each donation that it receives to fund international trade and investment events, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.
105105
106106 (c) With respect to international trade and investment offices operated under contract with a nonprofit entity pursuant to subdivision (f) of Section 13996.41:
107107
108108 (1) A donor shall not donate more than 25 percent of the annual budget of an international trade and investment office in a calendar year.
109109
110110 (2) For each donation that it receives to fund an international trade and investment office, the Governors Office of Business and Economic Development shall post a report on its Internet Web site internet website within 30 15 days of receiving that donation. The report shall contain the following information: name and address of the donor; amount of the donation; date the donation was made; name and address of the entity receiving or using the donation; a brief description of the goods or services provided or purchased, if any; and a description of the specific purpose or event for which the donation was made, if any.
111111
112112 (d) Nothing in this section shall affect any requirement of the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)).