republic-os/legislation/us/states/ca/20012002/ab-2354.md

---
type: "Bill"
title: "Incorporated insurers: derivative transactions."
description: "Incorporated insurers: derivative transactions."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20012002"
identifier: "AB 2354"
citation: "California AB 2354 (20012002)"
classification: ["bill"]
subjects: ["Incorporated insurers: derivative transactions."]
status: "enacted"
primary_sponsors: ["Dutra"]
version_count: 7
action_count: 24
vote_count: 6
first_action: "2002-02-21"
last_action: "2002-09-13"
source: "openstates"
source_identifier: "ocd-bill/23310a2c-580b-4bbf-85a9-038a8ffba8d7"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=200120020AB2354"
source_hash: "eac5919e90f1a2925c79afe621556f9d7c01b9ae572dd677dcbaf053fae364b1"
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 2354 (20012002) — Incorporated insurers: derivative transactions.

## Version chain

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

1. **02/21/02 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200120020AB2354&version=20010AB235499INT)
2. **04/18/02 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200120020AB2354&version=20010AB235498AMD)
3. **05/02/02 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200120020AB2354&version=20010AB235497AMD)
4. **08/05/02 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200120020AB2354&version=20010AB235496AMD)
5. **09/13/02 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200120020AB2354&version=20010AB235494CHP)
6. **AB2354** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=200120020AB2354)
7. **08/22/02 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200120020AB2354&version=20010AB235495ENR)

## Votes

- Do pass as amended, and re-refer to the Committee on Appropriations. — **pass** (pass) · legislature
- SPECIAL CONSENT CALE AB2354 Dutra — **pass** (pass) · upper
- Do pass, to Consent Calendar. — **pass** (pass) · lower
- AB 2354 Dutra Special Consent Calendar 2nd Day Regular Session — **pass** (pass) · lower
- Do pass and be re-referred to the Committee on Appropriations. — **pass** (pass) · lower
- AB 2354 Dutra Consent Calendar Second Day Regular Session — **pass** (pass) · lower

## Sponsors

- Dutra — primary (person)
- John Campbell — principal coauthor (person)

## Timeline

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

- **2002-09-13** Chaptered by Secretary of State - Chapter 520, Statutes of 2002.
- **2002-09-13** Approved by the Governor. `executive-signature`
- **2002-08-30** Enrolled and to the Governor at 3:30 p.m.
- **2002-08-22** Senate amendments concurred in. To enrollment. (Ayes 77. Noes 0. Page 7929.) `committee-passage-favorable, amendment-passage`
- **2002-08-19** In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 21 pursuant to Assembly Rule 77. Ordered to Special Consent Calendar.
- **2002-08-19** Read third time, passed, and to Assembly. (Ayes 39. Noes 0. Page 5529.) `passage, reading-1, reading-3`
- **2002-08-14** Read second time. To third reading. `reading-2, reading-1`
- **2002-08-13** From committee: Be placed on second reading file pursuant to Senate Rule 28.8. `committee-passage`
- **2002-08-05** From committee: Amend, and do pass as amended, and re-refer to Standing Committee on Appropriations (Ayes 7. Noes 0.) (August 5). Read second time, amended, and re-referred to Standing Committee on Appropriations. `reading-1, referral-committee, committee-passage, reading-2, amendment-introduction, amendment-passage`
- **2002-06-19** In committee: Set, first hearing. Hearing canceled at the request of author.
- **2002-06-04** In committee: Hearing postponed by committee.
- **2002-05-23** Referred to Standing Committee on Insurance. `referral-committee`
- **2002-05-16** In Senate. Read first time. To Standing Committee on Rules for assignment. `reading-1`
- **2002-05-16** Read third time, passed, and to Senate. (Ayes 72. Noes 0. Page 6169.) `passage, reading-1, reading-3`
- **2002-05-13** Read second time. To Consent Calendar. `reading-2, reading-1`
- **2002-05-09** From committee: Do pass. To Consent Calendar. (May 8). `committee-passage-favorable, committee-passage`
- **2002-05-07** Re-referred to Standing Committee on Appropriations. `referral-committee`
- **2002-05-02** From committee chair, with author's amendments: Amend, and re-refer to Standing Committee on Appropriations Read second time and amended. `reading-2, referral-committee, reading-1, amendment-introduction, amendment-passage`
- **2002-04-24** From committee: Do pass, and re-refer to Standing Committee on Appropriations Re-referred. (Ayes 19. Noes 0.) (April 24). `committee-passage-favorable, referral-committee, committee-passage`
- **2002-04-22** Re-referred to Standing Committee on Insurance. `referral-committee`
- **2002-04-18** From committee chair, with author's amendments: Amend, and re-refer to Standing Committee on Insurance Read second time and amended. `reading-2, referral-committee, reading-1, amendment-introduction, amendment-passage`
- **2002-03-07** Referred to Standing Committee on Insurance. `referral-committee`
- **2002-02-22** From printer. May be heard in committee March 24.
- **2002-02-21** Assembly Rule 49(a) suspended. 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/23310a2c-580b-4bbf-85a9-038a8ffba8d7`. Confidence: reported (aggregated from official California legislature records).