Part 12. State Economic Policy of California Government Code >> Division 3. >> Title 2. >> Part 12.

The Legislature declares that it is the continuing policy and responsibility of the state to foster and promote growth in employment, productivity, income, and purchasing power. The Legislature further declares that in attaining these goals, the state shall:
  (1) Use all practical means within its power consistent with its needs and obligations and other essential considerations of state policy;
  (2) Seek the assistance and cooperation of industry, labor, the federal government and local government; for the purpose of creating and maintaining the general conditions under which there will be afforded useful employment opportunities, including self-employment, for all those qualified persons, willing and seeking work.

(a) The Governor, utilizing his staff and the resources of state agencies, shall transmit to the Legislature, not later than April 15 of each year, an economic report to be designated as the "Economic Report of the Governor" setting forth all of the following:
  (1) A review of economic developments during the preceding calendar year, including trends in employment, unemployment, income, construction, and major economic sectors providing a measure of economic growth.
  (2) Forecasts of trends in employment, income, and investment for the coming year and trends in such major economic sectors as it is feasible to project.
  (3) Additional material on the California economy that is pertinent and of general interest, with historical analysis and projections of use in economic planning whenever possible.
  (4) Insofar as possible, summaries of state policies and actions that relate to the economic development of the state pursuant to Section 15900.
  (b) In conjunction with the economic report, the Governor shall present an economic message reviewing significant economic achievements of the past year, outlining problem areas, and defining economic policy, and shall make recommendations as may be appropriate for programs to further economic development to increase employment, income, and investment in the state.
  (c) The Governor may transmit from time to time to the Legislature, reports supplementary to the economic report, providing information on the current status of the California economy and any new or revised recommendations as he deems necessary or desirable to achieve the policy declared in Section 15900.

The Governor may utilize all or part of other programs prepared in furtherance of the State's economic development as he deems advisable, but all such programs shall be designed and prepared so as to be consistent and in conformity with the intent of this chapter and with the policy and program established pursuant to the provisions of this chapter.