---
type: "Bill"
title: "Life insurance: corporate-owned policies."
description: "Life insurance: corporate-owned policies."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20032004"
identifier: "AB 226"
citation: "California AB 226 (20032004)"
classification: ["bill"]
subjects: ["Life insurance: corporate-owned policies."]
status: "enacted"
primary_sponsors: ["Vargas"]
version_count: 8
action_count: 23
vote_count: 5
first_action: "2003-01-29"
last_action: "2003-09-08"
source: "openstates"
source_identifier: "ocd-bill/eaa61f1f-825b-49e4-8d69-62d80c23f01c"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=200320040AB226"
source_hash: "c30d5af379e40ffc8b1d50d2bba6a2b030b9d63d116f023d692ab27b4d257be5"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---

# California AB 226 (20032004) — Life insurance: corporate-owned policies.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **01/29/03 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200320040AB226&version=20030AB22699INT)
2. **05/01/03 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200320040AB226&version=20030AB22698AMD)
3. **05/12/03 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200320040AB226&version=20030AB22697AMD)
4. **06/30/03 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200320040AB226&version=20030AB22696AMD)
5. **07/16/03 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200320040AB226&version=20030AB22695AMD)
6. **09/08/03 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200320040AB226&version=20030AB22693CHP)
7. **AB226** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=200320040AB226)
8. **08/21/03 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200320040AB226&version=20030AB22694ENR)

## Votes

- ab 226 vargas assembly third reading — **pass** (pass) · lower
- do pass as amended. — **pass** (pass) · upper
- ab 226 vargas concurrence in senate amendments — **pass** (pass) · lower
- do pass as amended. — **pass** (pass) · lower
- assembly 3rd reading ab226 vargas by burton — **pass** (pass) · upper

## Sponsors

- Vargas — primary (person)
- Koretz — author (person)
- Lieber — author (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2003-09-08** Chaptered by Secretary of State - Chapter 328, Statutes of 2003.
- **2003-09-06** Approved by the Governor. `executive-signature`
- **2003-08-25** Enrolled and to the Governor at 2:30 p.m.
- **2003-08-21** Senate amendments concurred in. To enrollment. (Ayes 48. Noes 30. Page 3064.) `committee-passage-favorable, amendment-passage`
- **2003-07-28** In Assembly. Concurrence in Senate amendments pending. May be considered on or after July 30 pursuant to Assembly Rule 77.
- **2003-07-24** Read third time, passed, and to Assembly. (Ayes 24. Noes 10. Page 1955.) `reading-3, passage, reading-1`
- **2003-07-16** Read second time, amended, and to third reading. `reading-2, amendment-passage, reading-1`
- **2003-07-15** From committee: Amend, and do pass as amended. (Ayes 6. Noes 2.). `amendment-introduction, amendment-passage, committee-passage`
- **2003-07-03** In committee: Set, second hearing. Hearing canceled at the request of author.
- **2003-06-30** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Standing Committee on Insurance. `referral-committee, amendment-passage, amendment-introduction, reading-2, reading-1`
- **2003-06-27** In committee: Set, first hearing. Hearing canceled at the request of author.
- **2003-06-18** In committee: Hearing postponed by committee.
- **2003-05-29** Referred to Standing Committee on Insurance. `referral-committee`
- **2003-05-20** In Senate. Read first time. To Standing Committee on Rules for assignment. `reading-1`
- **2003-05-19** Read third time, passed, and to Senate. (Ayes 48. Noes 28. Page 1764.) `reading-3, passage, reading-1`
- **2003-05-13** Read second time. To third reading. `reading-2, reading-1`
- **2003-05-12** Read second time and amended. Ordered returned to second reading. `reading-2, amendment-passage, reading-1`
- **2003-05-08** From committee: Amend, and do pass as amended. (Ayes 12. Noes 7.) (May 7). `amendment-introduction, amendment-passage, committee-passage`
- **2003-05-05** Re-referred to Standing Committee on Insurance. `referral-committee`
- **2003-05-01** From committee chair, with author's amendments: Amend, and re-refer to Standing Committee on Insurance Read second time and amended. `referral-committee, amendment-passage, amendment-introduction, reading-2, reading-1`
- **2003-02-07** Referred to Standing Committee on Insurance. `referral-committee`
- **2003-01-30** From printer. May be heard in committee March 1.
- **2003-01-29** Read first time. To print. `reading-1`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/eaa61f1f-825b-49e4-8d69-62d80c23f01c`. Confidence: reported (aggregated from official California legislature records).