republic-os/legislation/us/states/ca/20132014/ab-205.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	Public employees' retirement: pension fund management.	The County Employees Retirement Law of 1937 authorizes counties to establish retirement systems, as specified, in order to provide pension benefits to county, city, and district employees. The California Constitution confers upon the retirement boards of public retirement systems plenary authority and fiduciary responsibility for the investment of moneys of those systems. Existing law authorizes the Board of Administration of the Public Employees' Retirement System and the Teachers' Retirement Board of the State Teachers' Retirement System, consistent with their fiduciary duties and the standard for prudent investment, to prioritize investment in an in-state infrastructure project over a comparable out-of-state infrastructure project.	us/states/ca	California Legislature	20132014	AB 205	California AB 205 (20132014)	bill	Public employees' retirement: pension fund management.	enacted	Pan	4	15	4	2013-01-30	2013-10-12	openstates	ocd-bill/9486835d-7411-4b70-93c5-45bcd95d3266	http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB205	06ccdbee4c9c3dd8e1c061619f9a1d73ca37fd783098eae5b6bb4ee8c0a7bcb7	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ca

California AB 205 (20132014) — Public employees' retirement: pension fund management.

The County Employees Retirement Law of 1937 authorizes counties to establish retirement systems, as specified, in order to provide pension benefits to county, city, and district employees. The California Constitution confers upon the retirement boards of public retirement systems plenary authority and fiduciary responsibility for the investment of moneys of those systems. Existing law authorizes the Board of Administration of the Public Employees' Retirement System and the Teachers' Retirement Board of the State Teachers' Retirement System, consistent with their fiduciary duties and the standard for prudent investment, to prioritize investment in an in-state infrastructure project over a comparable out-of-state infrastructure project.

Version chain

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

1. 01/30/13 - Introduced (filed) — source
2. 10/12/13 - Chaptered (committee substitute) — source
3. AB205 (committee substitute) — source
4. 08/28/13 - Enrolled (enrolled) — source

Votes

• AB 205 PAN Assembly Third Reading — 55–20 (pass) · lower
• 3rd Reading AB205 Pan By Beall — 39–0 (pass) · upper
• Do pass. — 5–2 (pass) · lower
• Do pass. — 5–0 (pass) · upper

Sponsors

• Pan — primary (person)

Timeline

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

• 2013-01-30 Read first time. To print. reading-1
• 2013-01-31 From printer. May be heard in committee March 2.
• 2013-02-07 Referred to Com. on P.E.,R. & S.S. referral-committee
• 2013-05-08 From committee: Do pass. (Ayes 5. Noes 2.) (May 8). committee-passage-favorable, committee-passage
• 2013-05-09 Read second time. Ordered to third reading. reading-2, reading-1
• 2013-05-13 Read third time. Passed. Ordered to the Senate. (Ayes 55. Noes 20. Page 1384.) reading-3, reading-1, passage
• 2013-05-13 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
• 2013-05-23 Referred to Com. on P.E. & R. referral-committee
• 2013-06-11 From committee: Do pass. (Ayes 5. Noes 0.) (June 10). committee-passage-favorable, committee-passage
• 2013-06-12 Read second time. Ordered to third reading. reading-2, reading-1
• 2013-08-26 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 1988.). reading-3, reading-1, passage
• 2013-08-26 In Assembly. Ordered to Engrossing and Enrolling. committee-passage
• 2013-09-03 Enrolled and presented to the Governor at 2 p.m.
• 2013-10-12 Approved by the Governor. executive-signature
• 2013-10-12 Chaptered by Secretary of State - Chapter 766, Statutes of 2013.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/9486835d-7411-4b70-93c5-45bcd95d3266. Confidence: reported (aggregated from official California legislature records).