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---
type: "Bill"
title: "State teachers' retirement: executive positions."
description: "The Teachers' Retirement Law creates the State Teachers' Retirement System and State Teachers' Retirement Plan for the purpose of providing teachers and other specified employees with financially sound retirement plans. The law provides for the administration of the system and the plan by the Teachers' Retirement Board and authorizes the board to appoint employees as necessary for those purposes. The law requires the board to fix the compensation of specified executive and managerial positions, including chief executive officer, chief investment officer, and general counsel."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20152016"
identifier: "AB 736"
citation: "California AB 736 (20152016)"
classification: ["bill"]
subjects: ["State teachers' retirement: executive positions."]
status: "enacted"
primary_sponsors: ["Cooley"]
version_count: 6
action_count: 24
vote_count: 8
first_action: "2015-02-25"
last_action: "2016-09-24"
source: "openstates"
source_identifier: "ocd-bill/a75b2138-80b0-48a3-8289-02f3d480dd70"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB736"
source_hash: "55ac37ca5b3782228e9059b244fdce3c311c02f54ecff62e5f2ef4165ac8e111"
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 736 (20152016) — State teachers' retirement: executive positions.
The Teachers' Retirement Law creates the State Teachers' Retirement System and State Teachers' Retirement Plan for the purpose of providing teachers and other specified employees with financially sound retirement plans. The law provides for the administration of the system and the plan by the Teachers' Retirement Board and authorizes the board to appoint employees as necessary for those purposes. The law requires the board to fix the compensation of specified executive and managerial positions, including chief executive officer, chief investment officer, and general counsel.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **02/25/15 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB736&version=20150AB73699INT)
2. **05/10/16 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB736&version=20150AB73698AMD)
3. **08/19/16 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB736&version=20150AB73697AMD)
4. **09/24/16 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB736&version=20150AB73695CHP)
5. **AB736** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB736)
6. **08/31/16 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB736&version=20150AB73696ENR)
## Votes
- Do pass. — **170** (pass) · lower
- Do pass, but first be re-referred to the Committee on [Appropriations] — **50** (pass) · upper
- AB 736 COOLEY Concurrence in Senate Amendments — **800** (pass) · lower
- AB 736 COOLEY Assembly Third Reading — **800** (pass) · lower
- Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — **60** (pass) · lower
- Do pass — **61** (pass) · upper
- Placed on suspense file — **60** (pass) · upper
- 3rd Reading AB736 Cooley By Morrell — **390** (pass) · upper
## Sponsors
- Cooley — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2015-02-25** Read first time. To print. `reading-1`
- **2015-02-26** From printer. May be heard in committee March 28.
- **2015-03-12** Referred to Com. on P.E., R., & S.S. `referral-committee`
- **2015-04-08** From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 6. Noes 0.) (April 8). Re-referred to Com. on APPR. `referral-committee, committee-passage-favorable, committee-passage`
- **2015-04-15** In committee: Set, first hearing. Referred to suspense file. `referral-committee`
- **2015-05-28** From committee: Do pass. (Ayes 17. Noes 0.) (May 28). `committee-passage-favorable, committee-passage`
- **2015-05-28** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2015-06-01** Read third time. Passed. Ordered to the Senate. (Ayes 80. Noes 0. Page 1716.) `reading-3, passage, reading-1`
- **2015-06-01** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2015-06-11** Referred to Com. on P.E. & R. `referral-committee`
- **2015-07-08** In committee: Hearing postponed by committee.
- **2016-05-10** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on P.E. & R. `referral-committee, reading-2, amendment-introduction, amendment-passage, reading-1`
- **2016-06-13** From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (June 13). Re-referred to Com. on APPR. `referral-committee, committee-passage-favorable, committee-passage`
- **2016-06-27** In committee: Referred to APPR. suspense file. `referral-committee`
- **2016-08-11** From committee: Do pass. (Ayes 6. Noes 1.) (August 11). `committee-passage-favorable, committee-passage`
- **2016-08-15** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2016-08-19** Read third time and amended. Ordered to second reading. `reading-3, amendment-passage, reading-1`
- **2016-08-22** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2016-08-24** Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 5369.). `reading-3, passage, reading-1`
- **2016-08-29** In Assembly. Concurrence in Senate amendments pending.
- **2016-08-30** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 80. Noes 0. Page 6464.). `committee-passage-favorable, amendment-passage`
- **2016-09-08** Enrolled and presented to the Governor at 4 p.m.
- **2016-09-24** Approved by the Governor. `executive-signature`
- **2016-09-24** Chaptered by Secretary of State - Chapter 553, Statutes of 2016.
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a75b2138-80b0-48a3-8289-02f3d480dd70`. Confidence: reported (aggregated from official California legislature records).