republic-os/legislation/us/states/ca/20112012/ab-624.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	California Organized Investment Network.	Existing laws governing the taxation of insurers, the Personal Income Tax Law, and the Corporation Tax Law, authorize, until January 1, 2012, a credit in an amount equal to 20% of a qualified investment, as defined, made into a community development financial institution, as defined, but not to exceed, in the aggregate amount under all those laws, $10,000,000 per year.	us/states/ca	California Legislature	20112012	AB 624	California AB 624 (20112012)	bill	California Organized Investment Network.	enacted	John A. Pérez	8	27	9	2011-02-16	2011-10-03	openstates	ocd-bill/019e1f80-1475-4836-a8a4-e40df2c16985	http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120AB624	58ae77732de4a1e6d873699dc041103ef296f89e57e737dde55909feedd72eec	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ca

California AB 624 (20112012) — California Organized Investment Network.

Existing laws governing the taxation of insurers, the Personal Income Tax Law, and the Corporation Tax Law, authorize, until January 1, 2012, a credit in an amount equal to 20% of a qualified investment, as defined, made into a community development financial institution, as defined, but not to exceed, in the aggregate amount under all those laws, $10,000,000 per year.

Version chain

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

1. 02/16/11 - Introduced (filed) — source
2. 03/31/11 - Amended Assembly (committee substitute) — source
3. 06/21/11 - Amended Senate (committee substitute) — source
4. 07/06/11 - Amended Senate (committee substitute) — source
5. 08/15/11 - Amended Senate (committee substitute) — source
6. 10/03/11 - Chaptered (committee substitute) — source
7. AB624 (committee substitute) — source
8. 09/12/11 - Enrolled (enrolled) — source

Votes

• Do pass as amended, and re-refer to the Committee on Appropriations. — 9–0 (pass) · upper
• Do pass and be re-referred to the Committee on Appropriations. — 7–0 (pass) · lower
• Do pass. — 9–0 (pass) · upper
• Do pass as amended and be re-referred to the Committee on Revenue and Taxation. — 10–0 (pass) · lower
• AB 624 PÉREZ, J. Concurrence in Senate Amendments — 73–2 (pass) · lower
• Placed on Appropriations Suspense file. — 8–0 (pass) · upper
• AB 624 PÉREZ, J. Assembly Third Reading — 75–2 (pass) · lower
• Do pass. — 17–0 (pass) · lower
• 3rd Reading AB624 John A. Pérez By Lieu — 37–1 (pass) · upper

Sponsors

• John A. Pérez — primary (person)
• Alejo — coauthor (person)
• Blumenfield — author (person)
• Bonnie Lowenthal — coauthor (person)
• Carter — coauthor (person)
• Chesbro — coauthor (person)
• Dickinson — coauthor (person)
• Gordon — coauthor (person)
• Ma — coauthor (person)
• Solorio — principal coauthor (person)

Timeline

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

• 2011-02-16 Read first time. To print. reading-1
• 2011-02-17 From printer. May be heard in committee March 19.
• 2011-03-10 Referred to Coms. on INS. and REV. & TAX. referral-committee
• 2011-03-30 From committee: Do pass as amended and re-refer to Com. on REV. & TAX. (Ayes 10. Noes 0.) (March 30). amendment-passage, committee-passage, committee-passage-favorable
• 2011-03-31 Read second time and amended. reading-2, reading-1, amendment-passage
• 2011-04-04 Re-referred to Com. on REV. & TAX. referral-committee
• 2011-04-25 In committee: Set, first hearing. Referred to REV. & TAX. suspense file. referral-committee
• 2011-05-03 From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (May 2). Re-referred to Com. on APPR. referral-committee, committee-passage, committee-passage-favorable
• 2011-05-18 In committee: Set, first hearing. Referred to APPR. suspense file. referral-committee
• 2011-05-27 From committee: Do pass. (Ayes 17. Noes 0.) (May 27). committee-passage, committee-passage-favorable
• 2011-05-27 Read second time. Ordered to third reading. reading-2, reading-1
• 2011-05-31 Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 2. Page 1651.) reading-3, reading-1, passage
• 2011-05-31 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
• 2011-06-08 Referred to Com. on GOV. & F. referral-committee
• 2011-06-21 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on GOV. & F. reading-2, amendment-introduction, reading-1, amendment-passage, referral-committee
• 2011-07-05 From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (June 29). amendment-passage, committee-passage, committee-passage-favorable
• 2011-07-06 Read second time and amended. Re-referred to Com. on APPR. reading-2, reading-1, amendment-passage, referral-committee
• 2011-08-15 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR. reading-2, amendment-introduction, reading-1, amendment-passage, referral-committee
• 2011-08-15 In committee: Referred to APPR. suspense file. referral-committee
• 2011-08-25 From committee: Do pass. (Ayes 9. Noes 0.) (August 25). committee-passage, committee-passage-favorable
• 2011-08-29 Read second time. Ordered to third reading. reading-2, reading-1
• 2011-08-30 Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 1. Page 2165.). reading-3, reading-1, passage
• 2011-08-31 In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 2 pursuant to Assembly Rule 77.
• 2011-09-06 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 73. Noes 2. Page 2892.). committee-passage-favorable, amendment-passage
• 2011-09-19 Enrolled and presented to the Governor at 1:30 p.m.
• 2011-10-03 Approved by the Governor. executive-signature
• 2011-10-03 Chaptered by Secretary of State - Chapter 436, Statutes of 2011.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/019e1f80-1475-4836-a8a4-e40df2c16985. Confidence: reported (aggregated from official California legislature records).