---
type: "Bill"
title: "Corporate Flexibility Act of 2011: Social Purpose Corporations Act."
description: "The Corporate Flexibility Act of 2011 authorizes and regulates the formation and operation of flexible purpose corporations."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20132014"
identifier: "SB 1301"
citation: "California SB 1301 (20132014)"
classification: ["bill"]
subjects: ["Corporate Flexibility Act of 2011: Social Purpose Corporations Act."]
status: "enacted"
primary_sponsors: ["DeSaulnier"]
version_count: 9
action_count: 24
vote_count: 6
first_action: "2014-02-21"
last_action: "2014-09-27"
source: "openstates"
source_identifier: "ocd-bill/29c8c5d7-0e93-419f-9055-f13a17f3de10"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB1301"
source_hash: "fba3c044942b573cd3fb0068e5f8d5db496e0526e3d1376e31365ae192ab039b"
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 1301 (20132014) — Corporate Flexibility Act of 2011: Social Purpose Corporations Act.

The Corporate Flexibility Act of 2011 authorizes and regulates the formation and operation of flexible purpose corporations.

## Version chain

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

1. **02/21/14 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB1301&version=20130SB130199INT)
2. **04/22/14 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB1301&version=20130SB130198AMD)
3. **05/29/14 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB1301&version=20130SB130197AMD)
4. **06/11/14 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB1301&version=20130SB130196AMD)
5. **06/30/14 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB1301&version=20130SB130195AMD)
6. **08/14/14 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB1301&version=20130SB130194AMD)
7. **09/27/14 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB1301&version=20130SB130192CHP)
8. **SB1301** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB1301)
9. **08/20/14 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB1301&version=20130SB130193ENR)

## Votes

- Do pass as amended and be re-referred to the Committee on Judiciary. — **10–2** (pass) · lower
- Do pass as amended. — **9–0** (pass) · lower
- Unfinished Business SB1301 DeSaulnier Concurrence — **34–0** (pass) · upper
- 3rd Reading — **36–0** (pass) · upper
- Do pass as amended. — **9–0** (pass) · upper
- SB 1301 DeSaulnier Senate Third Reading By ACHADJIAN — **64–14** (pass) · lower

## Sponsors

- DeSaulnier — primary (person)

## Timeline

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

- **2014-02-21** Introduced. To Com. on RLS. for assignment. To print. `introduction`
- **2014-02-22** From printer. May be acted upon on or after March 24.
- **2014-02-24** Read first time. `reading-1`
- **2014-03-06** Referred to Com. on B. & F.I. `referral-committee`
- **2014-03-18** Set for hearing April 9.
- **2014-04-21** From committee: Do pass as amended. (Ayes 9. Noes 0. Page 3161.) (April 9). `committee-passage-favorable, committee-passage, amendment-passage`
- **2014-04-22** Read second time and amended. Ordered to third reading. `reading-2, reading-1, amendment-passage`
- **2014-05-01** Read third time. Passed. (Ayes 36. Noes 0. Page 3320.) Ordered to the Assembly. `reading-3, reading-1, passage`
- **2014-05-01** In Assembly. Read first time. Held at Desk. `reading-1`
- **2014-05-15** Referred to Coms. on B. & F. and JUD. `referral-committee`
- **2014-05-29** From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F. `committee-passage, amendment-passage, reading-2, reading-1, referral-committee`
- **2014-06-10** From committee: Do pass as amended and re-refer to Com. on JUD. (Ayes 10. Noes 2.) (June 9). `committee-passage-favorable, committee-passage, amendment-passage`
- **2014-06-11** Read second time and amended. Re-referred to Com. on JUD. `amendment-passage, reading-2, reading-1, referral-committee`
- **2014-06-26** From committee: Do pass as amended. (Ayes 9. Noes 0.) (June 24). `committee-passage-favorable, committee-passage, amendment-passage`
- **2014-06-30** Read second time and amended. Ordered to second reading. `reading-2, reading-1, amendment-passage`
- **2014-07-01** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2014-08-14** Read third time and amended. (Page 6016.) `reading-3, reading-1, amendment-passage`
- **2014-08-14** Ordered to third reading.
- **2014-08-18** Read third time. Passed. (Ayes 64. Noes 14. Page 6120.) Ordered to the Senate. `reading-3, reading-1, passage`
- **2014-08-18** In Senate. Concurrence in Assembly amendments pending.
- **2014-08-19** Assembly amendments concurred in. (Ayes 34. Noes 0. Page 4605.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
- **2014-08-25** Enrolled and presented to the Governor at 11 a.m.
- **2014-09-27** Approved by the Governor. `executive-signature`
- **2014-09-27** Chaptered by Secretary of State. Chapter 694, Statutes of 2014.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/29c8c5d7-0e93-419f-9055-f13a17f3de10`. Confidence: reported (aggregated from official California legislature records).