republic-os/legislation/us/states/ca/20152016/sb-1029.md

---
type: "Bill"
title: "California Debt and Investment Advisory Commission: accountability reports."
description: "Existing law establishes the California Debt and Investment Advisory Commission to, among other things, maintain contact with state and municipal bond issuers, underwriters, investors, and credit rating agencies to improve the market for state and local government debt issues and to assist state and local governments to prepare, market, and sell their debt issues. Existing law requires the commission to collect, maintain, and provide comprehensive information on all state and all local debt authorization and issuance and to serve as a statistical clearinghouse for all state and local debt issuance."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20152016"
identifier: "SB 1029"
citation: "California SB 1029 (20152016)"
classification: ["bill"]
subjects: ["California Debt and Investment Advisory Commission: accountability reports."]
status: "enacted"
primary_sponsors: ["Hertzberg"]
version_count: 9
action_count: 29
vote_count: 8
first_action: "2016-02-12"
last_action: "2016-09-12"
source: "openstates"
source_identifier: "ocd-bill/c75c1c26-21e1-4a77-ba25-efb4083d4c85"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160SB1029"
source_hash: "353d30923b09cb17e51b96b9bc5df2fd2b9b7571eb448bec5c77c37cef70d566"
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 SB 1029 (20152016) — California Debt and Investment Advisory Commission: accountability reports.

Existing law establishes the California Debt and Investment Advisory Commission to, among other things, maintain contact with state and municipal bond issuers, underwriters, investors, and credit rating agencies to improve the market for state and local government debt issues and to assist state and local governments to prepare, market, and sell their debt issues. Existing law requires the commission to collect, maintain, and provide comprehensive information on all state and all local debt authorization and issuance and to serve as a statistical clearinghouse for all state and local debt issuance.

## Version chain

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

1. **02/12/16 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1029&version=20150SB102999INT)
2. **03/17/16 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1029&version=20150SB102998AMD)
3. **04/27/16 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1029&version=20150SB102997AMD)
4. **05/31/16 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1029&version=20150SB102996AMD)
5. **06/15/16 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1029&version=20150SB102995AMD)
6. **08/15/16 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1029&version=20150SB102994AMD)
7. **09/12/16 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1029&version=20150SB102992CHP)
8. **SB1029** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160SB1029)
9. **08/26/16 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB1029&version=20150SB102993ENR)

## Votes

- Do pass, but first be re-referred to the Committee on [Appropriations] — **7–0** (pass) · upper
- 3rd Reading — **39–0** (pass) · upper
- Unfinished Business SB1029 Hertzberg Concurrence — **39–0** (pass) · upper
- Do pass and be re-referred to the Committee on [Appropriations] — **9–0** (pass) · lower
- Do pass as amended. — **20–0** (pass) · lower
- Placed on suspense file — **6–0** (pass) · upper
- SB 1029 Hertzberg Senate Third Reading By EGGMAN — **78–0** (pass) · lower
- Do pass as amended — **7–0** (pass) · upper

## Sponsors

- Hertzberg — primary (person)
- Dodd — coauthor (person)
- Gallagher — coauthor (person)
- Gatto — coauthor (person)
- Wieckowski — coauthor (person)

## Timeline

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

- **2016-02-12** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
- **2016-02-16** From printer. May be acted upon on or after March 17.
- **2016-02-25** Referred to Com. on GOV. & F. `referral-committee`
- **2016-03-10** Set for hearing March 30.
- **2016-03-17** From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F. `referral-committee, reading-2, amendment-passage, committee-passage, reading-1`
- **2016-03-30** From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0. Page 3335.) (March 30). Re-referred to Com. on APPR. `referral-committee, committee-passage-favorable, committee-passage`
- **2016-04-01** Set for hearing April 11.
- **2016-04-07** April 11 hearing postponed by committee.
- **2016-04-27** From committee with author's amendments. Read second time and amended. Re-referred to Com. on APPR. `referral-committee, reading-2, amendment-passage, committee-passage, reading-1`
- **2016-04-29** Set for hearing May 9.
- **2016-05-09** May 9 hearing: Placed on APPR. suspense file.
- **2016-05-20** Set for hearing May 27.
- **2016-05-27** From committee: Do pass as amended. (Ayes 7. Noes 0. Page 4002.) (May 27). `committee-passage-favorable, committee-passage, amendment-passage`
- **2016-05-31** Read second time and amended. Ordered to third reading. `amendment-passage, reading-2, reading-1`
- **2016-06-01** Read third time. Passed. (Ayes 39. Noes 0. Page 4102.) Ordered to the Assembly. `reading-3, passage, reading-1`
- **2016-06-02** In Assembly. Read first time. Held at Desk. `reading-1`
- **2016-06-09** Referred to Com. on L. GOV. `referral-committee`
- **2016-06-15** From committee with author's amendments. Read second time and amended. Re-referred to Com. on L. GOV. `referral-committee, reading-2, amendment-passage, committee-passage, reading-1`
- **2016-06-30** From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (June 29). Re-referred to Com. on APPR. `referral-committee, committee-passage-favorable, committee-passage`
- **2016-08-03** August 3 set for first hearing. Placed on APPR. suspense file.
- **2016-08-12** From committee: Do pass as amended. (Ayes 20. Noes 0.) (August 11). `committee-passage-favorable, committee-passage, amendment-passage`
- **2016-08-15** Read second time and amended. Ordered to second reading. `amendment-passage, reading-2, reading-1`
- **2016-08-16** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2016-08-18** Read third time. Passed. (Ayes 78. Noes 0. Page 5920.) Ordered to the Senate. `reading-3, passage, reading-1`
- **2016-08-19** In Senate. Concurrence in Assembly amendments pending.
- **2016-08-24** Assembly amendments concurred in. (Ayes 39. Noes 0.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
- **2016-08-30** Enrolled and presented to the Governor at 1:30 p.m.
- **2016-09-12** Approved by the Governor. `executive-signature`
- **2016-09-12** Chaptered by Secretary of State. Chapter 307, Statutes of 2016.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/c75c1c26-21e1-4a77-ba25-efb4083d4c85`. Confidence: reported (aggregated from official California legislature records).