Section 5418 - Impact on State Economy(a) The application shall discuss the positive impacts on California's economy if the project is successfully completed.(b) The application shall estimate, within annual time frames extending no longer than 10 years from the expected completion of the project, how commercialization of the specified product[s], service[s] or process[es] would result in one or more of the following benefits to California's economy:(1) creation of new jobs (direct and indirect);(2) retention of jobs at existing industries;(4) utilization of raw materials from or products manufactured in California;(5) new construction of facilities and equipment;(6) increased productivity within an industry or sector of California's economy;(7) increased exports; or(8) other positive impacts on California's economy.(c) Projects indicating greater impact on California's economy within the shortest period of time shall be deemed more likely to further the program goal in subsection (a) above, in connection with the agency staff review pursuant to Section 5425(d)(1) and (2).Cal. Code Regs. Tit. 10, § 5418
1. Repealer by operation of Government Code section 11346.1(g) and new section filed 8-20-89; operative 8-20-89 (Register 89, No. 31). For prior history, see Register 89, No. 2.
2. Change without regulatory effect amending subsection (c) filed 2-7-94 pursuant to title 1, section 100, California Code of Regulations (Register 94, No. 6). Note: Authority cited: Section 15379.9, Government Code. Reference: Sections 15333.5, 15379.3 and 15379.5, Government Code.
1. Repealer by operation of Government Code section 11346.1(g) and new section filed 8-20-89; operative 8-20-89 (Register 89, No. 31). For prior history, see Register 89, No. 2.
2. Change without regulatory effect amending subsection (c) filed 2-7-94 pursuant to title 1, section 100, California Code of Regulations (Register 94, No. 6).