republic-os/legislation/us/states/ca/20152016/sb-1412.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 State University: investments.	Existing law authorizes the Treasurer or chief fiscal officer of a campus of the California State University to invest certain money received by the California State University in eligible securities and in investment certificates or withdrawal shares in federal or state credit unions doing business in this state as long as any money invested in this manner is fully insured by the National Credit Union Administration.	us/states/ca	California Legislature	20152016	SB 1412	California SB 1412 (20152016)	bill appropriation	California State University: investments.	enacted	Block	5	26	7	2016-02-19	2016-09-09	openstates	ocd-bill/97d79aac-ad6c-4821-9715-c5518a030986	http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160SB1412	100760ca08cf70eb6f00ae88b31c26f8650e12a27b97c80d24c0a5caccd6bb96	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ca

California SB 1412 (20152016) — California State University: investments.

Existing law authorizes the Treasurer or chief fiscal officer of a campus of the California State University to invest certain money received by the California State University in eligible securities and in investment certificates or withdrawal shares in federal or state credit unions doing business in this state as long as any money invested in this manner is fully insured by the National Credit Union Administration.

Version chain

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

1. 02/19/16 - Introduced (filed) — source
2. 04/12/16 - Amended Senate (committee substitute) — source
3. 09/09/16 - Chaptered (committee substitute) — source
4. SB1412 (committee substitute) — source
5. 08/22/16 - Enrolled (enrolled) — source

Votes

• Do pass. — 20–0 (pass) · lower
• SB 1412 Block Senate Third Reading By MEDINA — 76–0 (pass) · lower
• Placed on suspense file — 7–0 (pass) · upper
• Do pass — 7–0 (pass) · upper
• 3rd Reading — 39–0 (pass) · upper
• Do pass and be re-referred to the Committee on [Appropriations] — 13–0 (pass) · lower
• Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] — 9–0 (pass) · upper

Sponsors

• Block — primary (person)

Timeline

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

• 2016-02-19 Introduced. To Com. on RLS. for assignment. To print. introduction
• 2016-02-22 From printer. May be acted upon on or after March 23.
• 2016-02-22 Read first time. reading-1
• 2016-03-10 Referred to Com. on ED. referral-committee
• 2016-03-11 Set for hearing March 30.
• 2016-03-23 March 30 set for first hearing canceled at the request of author.
• 2016-03-24 Set for hearing April 6.
• 2016-04-11 From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0. Page 3418.) (April 6). committee-passage-favorable, committee-passage, amendment-passage
• 2016-04-12 Read second time and amended. Re-referred to Com. on APPR. referral-committee, reading-2, amendment-passage, reading-1
• 2016-04-15 Set for hearing April 25.
• 2016-04-25 April 25 hearing: Placed on APPR. suspense file.
• 2016-05-20 Set for hearing May 27.
• 2016-05-27 From committee: Do pass. (Ayes 7. Noes 0. Page 4010.) (May 27). committee-passage-favorable, committee-passage
• 2016-05-27 Read second time. Ordered to third reading. reading-2, reading-1
• 2016-05-31 Read third time. Passed. (Ayes 39. Noes 0. Page 4056.) Ordered to the Assembly. reading-3, passage, reading-1
• 2016-06-01 In Assembly. Read first time. Held at Desk. reading-1
• 2016-06-06 Referred to Com. on HIGHER ED. referral-committee
• 2016-06-22 From committee: Do pass and re-refer to Com. on APPR. (Ayes 13. Noes 0.) (June 21). 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. (Ayes 20. Noes 0.) (August 11). committee-passage-favorable, committee-passage
• 2016-08-15 Read second time. Ordered to third reading. reading-2, reading-1
• 2016-08-18 Read third time. Passed. (Ayes 76. Noes 0. Page 5912.) Ordered to the Senate. reading-3, passage, reading-1
• 2016-08-19 In Senate. Ordered to engrossing and enrolling.
• 2016-08-24 Enrolled and presented to the Governor at 5 p.m.
• 2016-09-09 Approved by the Governor. executive-signature
• 2016-09-09 Chaptered by Secretary of State. Chapter 282, Statutes of 2016.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/97d79aac-ad6c-4821-9715-c5518a030986. Confidence: reported (aggregated from official California legislature records).