---
type: "Bill"
title: "Local government: securitized limited obligation notes."
description: "Existing law, until December 31, 2019, authorizes a special district to issue, as specified, securitized limited obligation notes for the acquisition or improvement of land, facilities, or equipment."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20192020"
identifier: "AB 2107"
citation: "California AB 2107 (20192020)"
classification: ["bill"]
subjects: ["Local government: securitized limited obligation notes."]
status: "enacted"
primary_sponsors: ["Rodriguez"]
version_count: 4
action_count: 16
vote_count: 4
first_action: "2020-02-06"
last_action: "2020-09-28"
source: "openstates"
source_identifier: "ocd-bill/600a95d8-f8b9-42b1-bda2-add7f078b18f"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200AB2107"
source_hash: "ff19b532f3fd9209b49d45be03c33daeed22831f742a3332b7700326c5cc67ce"
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 2107 (20192020) — Local government: securitized limited obligation notes.

Existing law, until December 31, 2019, authorizes a special district to issue, as specified, securitized limited obligation notes for the acquisition or improvement of land, facilities, or equipment.

## Version chain

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

1. **02/06/20 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201920200AB2107&version=20190AB210799INT)
2. **09/28/20 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201920200AB2107&version=20190AB210797CHP)
3. **AB2107** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200AB2107)
4. **08/31/20 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201920200AB2107&version=20190AB210798ENR)

## Votes

- AB 2107 Rodriguez Consent Calendar Second Day — **75–0** (pass) · lower
- Do pass. To Consent Calendar. — **8–0** (pass) · lower
- Do pass and be ordered to the Consent Calendar — **7–0** (pass) · upper
- Consent Calendar AB2107 Rodriguez et al. By Hurtado — **39–0** (pass) · upper

## Sponsors

- Rodriguez — primary (person)
- Gray — author (person)

## Timeline

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

- **2020-02-06** Read first time. To print. `reading-1`
- **2020-02-07** From printer. May be heard in committee March 8.
- **2020-02-20** Referred to Com. on L. GOV. `referral-committee`
- **2020-03-16** In committee: Hearing postponed by committee.
- **2020-05-12** From committee: Do pass. To Consent Calendar. (Ayes 8. Noes 0.) (May 12). `committee-passage-favorable, committee-passage`
- **2020-05-13** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
- **2020-05-26** Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 0. Page 4602.) `passage, reading-3, reading-1`
- **2020-05-27** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2020-06-23** Referred to Com. on GOV. & F. `referral-committee`
- **2020-07-30** From committee: Do pass. To Consent Calendar. (Ayes 7. Noes 0.) (July 29). `committee-passage-favorable, committee-passage`
- **2020-07-31** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
- **2020-08-28** Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 4372.). `passage, reading-3, reading-1`
- **2020-08-28** In Assembly. Ordered to Engrossing and Enrolling. `committee-passage`
- **2020-09-04** Enrolled and presented to the Governor at 2 p.m.
- **2020-09-28** Approved by the Governor. `executive-signature`
- **2020-09-28** Chaptered by Secretary of State - Chapter 213, Statutes of 2020.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/600a95d8-f8b9-42b1-bda2-add7f078b18f`. Confidence: reported (aggregated from official California legislature records).