--- type: "Bill" title: "Corporate conversions." description: "Existing law specifies the process by which a corporation may be converted into a domestic other business entity if specified conditions are met." jurisdiction: "us/states/ca" legislature: "California Legislature" session: "20212022" identifier: "SB 49" citation: "California SB 49 (20212022)" classification: ["bill"] subjects: ["Corporate conversions."] status: "enacted" primary_sponsors: ["Umberg"] version_count: 10 action_count: 41 vote_count: 10 first_action: "2020-12-07" last_action: "2022-09-02" source: "openstates" source_identifier: "ocd-bill/2bf17234-9fe6-4de9-a8a8-5eba81dc9790" source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220SB49" source_hash: "3c8b687705bf9f102880a6cf37f76eecac95a5965cb7405f1a41c583fd8c7021" 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 49 (20212022) — Corporate conversions. Existing law specifies the process by which a corporation may be converted into a domestic other business entity if specified conditions are met. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **12/07/20 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220SB49&version=20210SB4999INT) 2. **02/01/21 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220SB49&version=20210SB4998AMD) 3. **03/08/21 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220SB49&version=20210SB4997AMD) 4. **04/06/21 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220SB49&version=20210SB4996AMD) 5. **04/29/21 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220SB49&version=20210SB4995AMD) 6. **05/09/22 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220SB49&version=20210SB4993AMD) 7. **05/11/21 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220SB49&version=20210SB4994AMD) 8. **09/02/22 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220SB49&version=20210SB4991CHP) 9. **SB49** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220SB49) 10. **08/18/22 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220SB49&version=20210SB4992ENR) ## Votes - Do pass. To Consent Calendar. — **15–0** (pass) · lower - Do pass and be re-referred to the Committee on [Judiciary] with recommendation: To Consent Calendar — **10–0** (pass) · lower - Placed on suspense file — **7–0** (pass) · upper - 3rd Reading SB49 Umberg et al. — **36–0** (pass) · upper - Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] — **5–0** (pass) · upper - Unfinished Business SB49 Umberg et al. Concurrence — **36–0** (pass) · upper - Do pass, but first be re-referred to the Committee on [Governance and Finance] — **14–0** (pass) · upper - SB 49 Umberg Consent Calendar Second Day — **76–0** (pass) · lower - Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — **11–0** (pass) · lower - Do pass — **7–0** (pass) · upper ## Sponsors - Umberg — primary (person) - Daly — principal coauthor (person) - Min — coauthor (person) - Newman — coauthor (person) - Ochoa Bogh — coauthor (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2020-12-07** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1` - **2020-12-08** From printer. May be acted upon on or after January 7. - **2021-01-28** Referred to Com. on RLS. `referral-committee` - **2021-02-01** From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee` - **2021-02-10** Re-referred to Coms. on B., P. & E.D., GOV. & F., and G.O. `referral-committee` - **2021-02-11** Referral to Com. on G.O. rescinded because of the limitations placed on committee hearings due to ongoing health and safety risks of the COVID-19 virus. - **2021-03-02** Set for hearing March 8. - **2021-03-04** March 8 set for first hearing canceled at the request of author. - **2021-03-08** From committee with author's amendments. Read second time and amended. Re-referred to Com. on B., P. & E.D. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee` - **2021-03-11** Set for hearing March 22. - **2021-03-22** From committee: Do pass and re-refer to Com. on GOV. & F. (Ayes 14. Noes 0. Page 573.) (March 22). Re-referred to Com. on GOV. & F. `committee-passage, committee-passage-favorable, referral-committee` - **2021-04-06** From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee` - **2021-04-28** Set for hearing May 6. - **2021-04-29** From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee` - **2021-05-10** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 0. Page 1044.) (May 6). `amendment-passage, committee-passage, committee-passage-favorable` - **2021-05-11** Read second time and amended. Re-referred to Com. on APPR. `amendment-passage, reading-1, reading-2, referral-committee` - **2021-05-13** Set for hearing May 17. - **2021-05-17** May 17 hearing: Placed on APPR suspense file. - **2021-05-18** Set for hearing May 20. - **2021-05-20** From committee: Do pass. (Ayes 7. Noes 0. Page 1180.) (May 20). `committee-passage, committee-passage-favorable` - **2021-05-20** Read second time. Ordered to third reading. `reading-1, reading-2` - **2021-05-24** Ordered to special consent calendar. - **2021-05-28** Ordered to inactive file on request of Senator Umberg. - **2022-01-06** From inactive file on motion of Senator Hertzberg. - **2022-01-06** Ordered to second reading. - **2022-01-10** Read second time. Ordered to third reading. `reading-1, reading-2` - **2022-01-24** Read third time. Passed. (Ayes 36. Noes 0. Page 2801.) Ordered to the Assembly. `passage, reading-1, reading-3` - **2022-01-24** In Assembly. Read first time. Held at Desk. `reading-1` - **2022-05-05** Referred to Com. on REV. & TAX. `referral-committee` - **2022-05-09** From committee with author's amendments. Read second time and amended. Re-referred to Com. on REV. & TAX. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee` - **2022-05-19** Re-referred to Coms. on B. & F. and JUD. pursuant to Assembly Rule 96. `referral-committee` - **2022-06-21** From committee: Do pass and re-refer to Com. on JUD. with recommendation: To consent calendar. (Ayes 10. Noes 0.) (June 20). Re-referred to Com. on JUD. `committee-passage, committee-passage-favorable, referral-committee` - **2022-06-28** From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 11. Noes 0.) (June 28). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee` - **2022-08-03** From committee: Do pass. Ordered to consent calendar. (Ayes 15. Noes 0.) (August 3). `committee-passage, committee-passage-favorable` - **2022-08-04** Read second time. Ordered to consent calendar. `reading-1, reading-2` - **2022-08-11** Read third time. Passed. (Ayes 76. Noes 0. Page 5826.) Ordered to the Senate. `passage, reading-1, reading-3` - **2022-08-11** In Senate. Concurrence in Assembly amendments pending. - **2022-08-16** Assembly amendments concurred in. (Ayes 36. Noes 0. Page 4851.) Ordered to engrossing and enrolling. `amendment-passage, committee-passage-favorable` - **2022-08-23** Enrolled and presented to the Governor at 12:30 p.m. - **2022-09-02** Approved by the Governor. `executive-signature` - **2022-09-02** Chaptered by Secretary of State. Chapter 237, Statutes of 2022. `became-law` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2bf17234-9fe6-4de9-a8a8-5eba81dc9790`. Confidence: reported (aggregated from official California legislature records).