---
type: "Bill"
title: "Victims of Corporate Fraud Compensation Fund."
description: "Existing law establishes the Victims of Corporate Fraud Compensation Fund, a continuously appropriated fund, within the State Treasury administered by the Secretary of State, the sole purpose of which is to provide restitution to victims of corporate fraud."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20112012"
identifier: "SB 1058"
citation: "California SB 1058 (20112012)"
classification: ["bill"]
subjects: ["Victims of Corporate Fraud Compensation Fund."]
status: "enacted"
primary_sponsors: ["Lieu"]
version_count: 9
action_count: 31
vote_count: 9
first_action: "2012-02-13"
last_action: "2012-09-25"
source: "openstates"
source_identifier: "ocd-bill/a3b16b93-0419-4269-ab93-6ec6911f9128"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB1058"
source_hash: "1f295180a2cf939524f8f9a5d272a8d33d18a1b5229b6c66fcd8677e2efb1bf1"
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 SB 1058 (20112012) — Victims of Corporate Fraud Compensation Fund.

Existing law establishes the Victims of Corporate Fraud Compensation Fund, a continuously appropriated fund, within the State Treasury administered by the Secretary of State, the sole purpose of which is to provide restitution to victims of corporate fraud.

## Version chain

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

1. **02/13/12 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1058&version=20110SB105899INT)
2. **03/26/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1058&version=20110SB105898AMD)
3. **04/16/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1058&version=20110SB105897AMD)
4. **04/17/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1058&version=20110SB105896AMD)
5. **05/01/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1058&version=20110SB105895AMD)
6. **08/22/12 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1058&version=20110SB105894AMD)
7. **09/25/12 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1058&version=20110SB105892CHP)
8. **SB1058** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB1058)
9. **09/05/12 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1058&version=20110SB105893ENR)

## Votes

- Do pass as amended, and re-refer to the Committee on Appropriations. — **5–0** (pass) · upper
- Unfinished Business SB1058 Lieu Concurrence — **25–6** (pass) · upper
- Do pass and be re-referred to the Committee on Judiciary. — **8–2** (pass) · lower
- Do pass and be re-referred to the Committee on Appropriations. — **8–2** (pass) · lower
- SB 1058 Lieu Senate Third Reading By ACHADJIAN — **60–19** (pass) · lower
- Do pass. — **5–2** (pass) · upper
- 3rd Reading — **31–5** (pass) · upper
- Do pass. — **12–5** (pass) · lower
- Do pass, but re-refer to the Committee on Judiciary. — **6–0** (pass) · upper

## Sponsors

- Lieu — primary (person)

## Timeline

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

- **2012-02-13** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
- **2012-02-14** From printer. May be acted upon on or after March 15.
- **2012-03-01** Referred to Com. on RLS. `referral-committee`
- **2012-03-26** From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
- **2012-03-29** Re-referred to Coms. on B. & F.I. and JUD. `referral-committee`
- **2012-04-05** Set for hearing April 11.
- **2012-04-11** From committee: Do pass and re-refer to Com. on JUD. (Ayes 6. Noes 0. Page 3119.) (April 11). Re-referred to Com. on JUD. `referral-committee, committee-passage, committee-passage-favorable`
- **2012-04-16** From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
- **2012-04-17** From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
- **2012-04-18** Set for hearing April 24.
- **2012-04-30** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 0. Page 3309.) (April 24). `amendment-passage, committee-passage, committee-passage-favorable`
- **2012-05-01** Read second time and amended. Re-referred to Com. on APPR. `reading-2, reading-1, amendment-passage, referral-committee`
- **2012-05-04** Set for hearing May 14.
- **2012-05-15** From committee: Do pass. (Ayes 5. Noes 2. Page 3513.) (May 14). `committee-passage, committee-passage-favorable`
- **2012-05-16** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2012-05-21** Read third time. Passed. (Ayes 31. Noes 5. Page 3551.) Ordered to the Assembly. `reading-3, reading-1, passage`
- **2012-05-21** In Assembly. Read first time. Held at Desk. `reading-1`
- **2012-06-11** Referred to Coms. on B. & F. and JUD. `referral-committee`
- **2012-06-26** From committee: Do pass and re-refer to Com. on JUD. (Ayes 8. Noes 2.) (June 25). Re-referred to Com. on JUD. `referral-committee, committee-passage, committee-passage-favorable`
- **2012-07-03** From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 2.) (July 3). Re-referred to Com. on APPR. `referral-committee, committee-passage, committee-passage-favorable`
- **2012-08-08** Set, first hearing. Referred to APPR. suspense file. `referral-committee`
- **2012-08-16** From committee: Do pass. (Ayes 12. Noes 5.) (August 16). `committee-passage, committee-passage-favorable`
- **2012-08-20** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2012-08-22** Read third time and amended. (Page 6088.) `reading-3, reading-1, amendment-passage`
- **2012-08-22** Ordered to third reading.
- **2012-08-27** Read third time. Passed. (Ayes 60. Noes 19. Page 6345.) Ordered to the Senate. `reading-3, reading-1, passage`
- **2012-08-28** In Senate. Concurrence in Assembly amendments pending.
- **2012-08-30** Assembly amendments concurred in. (Ayes 25. Noes 6. Page 5020.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
- **2012-09-10** Enrolled and presented to the Governor at 9:45 a.m.
- **2012-09-25** Approved by the Governor. `executive-signature`
- **2012-09-25** Chaptered by Secretary of State. Chapter 564, Statutes of 2012.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a3b16b93-0419-4269-ab93-6ec6911f9128`. Confidence: reported (aggregated from official California legislature records).