(a) The California Business Investment Services Program is hereby created within the Governor’s Office of Business and Economic Development.

(b) The program shall be under the direct authority of the director.

Terms Used In California Government Code 12096.5

(c) The purpose of the program is to serve employers, corporate executives, business owners, and site location consultants who are considering California for business investment and expansion.

(d) In implementing the program, the director shall establish and implement a process for convening teams on key business development situations, including, but not limited to, attracting new businesses, relocation of large manufacturers, or the closure of a large business employer.

(e) In implementing the program, the director shall work cooperatively with local, regional, federal, and other state public and private marketing institutions and trade organizations in attracting, retaining, and helping businesses grow and be successful in California.

(Added by Stats. 2011, Ch. 475, Sec. 2. (AB 29) Effective January 1, 2012.)