The California International Trade and Investment Office Act of 2019.

Existing law requires the Governor's Office of Business and Economic Development (GO-Biz) to develop and implement an International Trade and Investment Program that serves specified purposes. Existing law authorizes the Director of GO-Biz to establish and terminate international trade and investment offices outside of the United States if certain conditions are met. Existing law also authorizes GO-Biz to designate a nonprofit entity to operate international trade and investment offices outside of the United States. This bill would require the Director of GO-Biz to establish a process for specified public and nonprofit organizations to submit proposals on the establishment or operation of an international trade and investment office in a foreign country. The bill would require the director to accept a letter of interest that includes specified information. The bill would require the office to review a letter of interest and determine whether it is complete within 30 days of submittal. The bill would also require the director to make a determination, within 90 days of receipt of a complete letter of interest, as to whether to request a full proposal, as specified, for the operation of the office. Existing law authorizes GO-Biz to accept nonstate moneys for the purposes of operating an international trade and investment office. Existing law requires private sector moneys for these purposes to be deposited in the Economic Development and Trade Promotion Account, which is continuously appropriated to the Director of GO-Biz for these purposes. This bill would authorize GO-Biz to accept in-kind services for the purposes of operating an international trade and investment office and additionally authorize those services and the moneys in the account to be used for the support of the operation of an international trade and investment office. By expanding the purposes of a continuously appropriated fund, this bill would make an appropriation.