California Government Code

§ 12096.6.1

GOV § 12096.6.1 Effective Jun 30, 2022Div. 3 · Title 2 · Part 2 · Ch. 1.6 · Art. 4.4

Statute text

(a)Upon appropriation by the Legislature, GO-Biz shall establish the California Competes Grant Program pursuant to this article.

(b)Upon appropriation by the Legislature, GO-Biz is authorized to provide grants pursuant to this article. GO-Biz shall provide grants only to an applicant that meets at least one of the following criteria:

(1)The applicant will create at least 500 new, full-time jobs in this state, determined on the basis of an annual full-time equivalent, as defined in Section 8000 of Title 10 of the California Code of Regulations, as that section read on January 1, 2021.

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Legislative history

Amended by Stats. 2022, Ch. 68, Sec. 5. (SB 193) Effective June 30, 2022. Repealed as of January 1, 2030, pursuant to Section 12096.6.6.