Governor’s Office of Business and Economic Development

Frequently Asked Questions about California’s Statutory Role in International Relations

March 23, 2024 12:00 pmMarch 23, 2024 12:01 pm

Do California statutes contemplate an international relations role for the state? Yes, in California’s Government Code, there is Title 20, which is titled, “International Relations,” and it contains Sections 99500 through 99524. What is covered by Title 20 on International...

Two AI Bills Introduced In California Senate

January 5, 2024 2:45 amJanuary 5, 2024 2:46 am

Two bills designed to both expand AI research in California as well as a new framework for the state in dealing with AI companies were introduced in the state Senate on Wednesday. The first bill, Senate Bill 892, would specifically...

McKinsey & Company and Governor’s GO-Biz Ties

August 9, 2023 2:58 amAugust 9, 2023 2:59 am

According to an August 3, 2023 article in The Fresno Bee, “House Speaker Kevin McCarthy joined other local politicians in sounding alarms about the ties between China and a secret lab that was shut down earlier this year in Reedley,...

AB 1182: Energy Incentives

March 22, 2023 3:45 pmMarch 22, 2023 3:46 pm

Assembly Bill 1182 by Assemblywoman Cottie Petrie-Norris (D-Los Angeles) was amended to have the Governor’s Office of Business and Economic Development (GO-Biz) to also pursue federal energy incentives. AB 1182 would add and repeal Article 10.5 (Section 12100.115) to Chapter 1.6...

Gov. Newsom Signs Executive Order on Cryptocurrency and Blockchain Technology

May 4, 2022 12:30 pm

Governor Gavin Newsom signed an Executive Order on Wednesday around cryptocurrency and blockchain technology by both creating a more transparent environment for companies employing blockchain technology and creating a path for more a regulatory and consumer protection-focused environment for those...

California GO-Biz Regulations

April 26, 2022 5:42 pmApril 26, 2022 5:47 pm

There are 27 Titles that comprise the California Code of Regulations, which contain all of the adopted regulations in the State of California. In Title 10, “Investment,” Division 13, there are regulations for the “Governor’s Office of Business and Economic...

More Businesses Leaving California In 2021 Than In Any Other Year Prior According To New Analysis

August 30, 2021 3:26 pmSeptember 1, 2021 11:40 am

A new analysis recently released by the Hoover Institution of Stanford University found that the number of businesses leaving California in 2021 has significantly picked up compared to the previous three years. According to the analysis, California has seen 265...