republic-os/legislation/us/states/ca/20132014/ab-2377.md

---
type: "Bill"
title: "Student loans: California Student Loan Refinancing Program."
description: "Under existing law, the California Educational Facilities Authority Act, the California Educational Facilities Authority is, among other things, authorized to borrow money and issue bonds, notes, and other obligations. The authority is also authorized to hold or invest in student loans, create pools of student loans, and sell bonds bearing interest on a taxable or tax-exempt basis or other interests backed by the pools of student loans."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20132014"
identifier: "AB 2377"
citation: "California AB 2377 (20132014)"
classification: ["bill", "appropriation"]
subjects: ["Student loans: California Student Loan Refinancing Program."]
status: "enacted"
primary_sponsors: ["John A. Pérez"]
version_count: 6
action_count: 22
vote_count: 8
first_action: "2014-02-21"
last_action: "2014-09-29"
source: "openstates"
source_identifier: "ocd-bill/52df1909-a7a1-4f30-9e3c-97599f76b418"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB2377"
source_hash: "94a1358be1b53f8b41ff059165f80d0e7b1cc6db7a5723c997bdd22e248e9272"
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 2377 (20132014) — Student loans: California Student Loan Refinancing Program.

Under existing law, the California Educational Facilities Authority Act, the California Educational Facilities Authority is, among other things, authorized to borrow money and issue bonds, notes, and other obligations. The authority is also authorized to hold or invest in student loans, create pools of student loans, and sell bonds bearing interest on a taxable or tax-exempt basis or other interests backed by the pools of student loans.

## Version chain

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

1. **02/21/14 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB2377&version=20130AB237799INT)
2. **05/23/14 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB2377&version=20130AB237798AMD)
3. **08/20/14 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB2377&version=20130AB237797AMD)
4. **09/29/14 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB2377&version=20130AB237795CHP)
5. **AB2377** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB2377)
6. **08/29/14 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB2377&version=20130AB237796ENR)

## Votes

- AB 2377 PÉREZ, J. Concurrence in Senate Amendments — **72–4** (pass) · lower
- Do pass as amended. — **5–0** (pass) · upper
- Do pass, but re-refer to the Committee on Appropriations. — **5–1** (pass) · upper
- 3rd Reading AB2377 John A. Pérez By Block — **29–5** (pass) · upper
- AB 2377 PÉREZ, J. Assembly Third Reading — **74–2** (pass) · lower
- Do pass and be re-referred to the Committee on Appropriations. — **13–0** (pass) · lower
- Do pass as amended. — **13–0** (pass) · lower
- Placed on Appropriations Suspense file. — **7–0** (pass) · upper

## Sponsors

- John A. Pérez — primary (person)

## Timeline

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

- **2014-02-21** Introduced. To print. `introduction`
- **2014-02-23** From printer. May be heard in committee March 25.
- **2014-02-24** Read first time. `reading-1`
- **2014-03-10** Referred to Com. on HIGHER ED. `referral-committee`
- **2014-04-30** From committee: Do pass and re-refer to Com. on APPR. (Ayes 13. Noes 0.) (April 29). Re-referred to Com. on APPR. `committee-passage-favorable, referral-committee, committee-passage`
- **2014-05-14** In committee: Set, first hearing. Referred to APPR. suspense file. `referral-committee`
- **2014-05-23** From committee: Do pass as amended. (Ayes 13. Noes 0.) (May 23). `committee-passage-favorable, committee-passage, amendment-passage`
- **2014-05-23** Read second time and amended. Ordered to second reading. `reading-2, reading-1, amendment-passage`
- **2014-05-27** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2014-05-28** Read third time. Passed. Ordered to the Senate. (Ayes 74. Noes 2. Page 5272.) `reading-3, reading-1, passage`
- **2014-05-28** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2014-06-11** Referred to Com. on ED. `referral-committee`
- **2014-06-25** From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 1.) (June 25). Re-referred to Com. on APPR. `committee-passage-favorable, referral-committee, committee-passage`
- **2014-08-04** In committee: Placed on APPR. suspense file.
- **2014-08-19** From committee: Do pass as amended. (Ayes 5. Noes 0.) (August 14). `committee-passage-favorable, committee-passage, amendment-passage`
- **2014-08-20** Read second time and amended. Ordered to third reading. `reading-2, reading-1, amendment-passage`
- **2014-08-25** Read third time. Passed. Ordered to the Assembly. (Ayes 29. Noes 5. Page 4819.). `reading-3, reading-1, passage`
- **2014-08-25** In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 27 pursuant to Assembly Rule 77.
- **2014-08-27** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 72. Noes 4. Page 6521.). `committee-passage-favorable, amendment-passage`
- **2014-09-08** Enrolled and presented to the Governor at 3:30 p.m.
- **2014-09-29** Approved by the Governor. `executive-signature`
- **2014-09-29** Chaptered by Secretary of State - Chapter 816, Statutes of 2014.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/52df1909-a7a1-4f30-9e3c-97599f76b418`. Confidence: reported (aggregated from official California legislature records).