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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 Licensees: fiduciary funds. Existing law requires that all funds received by any person acting as a licensed insurance producer, an administrator, a surplus line broker, or a bail licensee, as premium or return premium on or under any policy of insurance or undertaking of bail, are received and held by that person in his or her fiduciary capacity. Existing law requires a person who holds one of the above-described licenses who receives fiduciary funds to maintain those funds, as provided, including, but not limited to, maintaining those funds on California business, at all times in a trustee bank account or depository in California, separate from any other account or depository, in specified amounts. us/states/ca California Legislature 20172018 AB 1460 California AB 1460 (20172018)
bill
Licensees: fiduciary funds.
enacted
Dababneh
7 24 3 2017-02-17 2017-07-18 openstates ocd-bill/f8363123-f0b7-454a-9f85-521a9c9742cc http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB1460 1fa2fd26d7ba6a7f8e45a4ac7e08aab88801ddcbf84b1a527e0275cc999a86af 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ca

California AB 1460 (20172018) — Licensees: fiduciary funds.

Existing law requires that all funds received by any person acting as a licensed insurance producer, an administrator, a surplus line broker, or a bail licensee, as premium or return premium on or under any policy of insurance or undertaking of bail, are received and held by that person in his or her fiduciary capacity. Existing law requires a person who holds one of the above-described licenses who receives fiduciary funds to maintain those funds, as provided, including, but not limited to, maintaining those funds on California business, at all times in a trustee bank account or depository in California, separate from any other account or depository, in specified amounts.

Version chain

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

  1. 02/17/17 - Introduced (filed) — source
  2. 04/24/17 - Amended Assembly (committee substitute) — source
  3. 05/30/17 - Amended Senate (committee substitute) — source
  4. 06/12/17 - Amended Senate (committee substitute) — source
  5. 07/17/17 - Chaptered (committee substitute) — source
  6. AB1460 (committee substitute) — source
  7. 06/30/17 - Enrolled (enrolled) — source

Votes

  • Do pass as amended, but first amend, and re-refer to the Committee on [Rules] — 110 (pass) · upper
  • AB 1460 DABABNEH Concurrence in Senate Amendments — 740 (pass) · lower
  • Special Consent Calendar # AB1460 — 390 (pass) · upper

Sponsors

  • Dababneh — primary (person)

Timeline

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

  • 2017-02-17 Read first time. To print. reading-1
  • 2017-02-19 From printer. May be heard in committee March 21.
  • 2017-03-13 Referred to Com. on B. & F. referral-committee
  • 2017-03-23 In committee: Set, first hearing. Hearing canceled at the request of author.
  • 2017-04-24 From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. amendment-introduction, amendment-passage, reading-2, reading-1
  • 2017-04-25 Re-referred to Com. on B. & F. referral-committee
  • 2017-05-02 From committee: Do pass. To Consent Calendar. (Ayes 10. Noes 0.) (May 1). committee-passage-favorable, committee-passage
  • 2017-05-03 Read second time. Ordered to Consent Calendar. reading-2, reading-1
  • 2017-05-08 Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1427.) reading-3, passage, reading-1
  • 2017-05-08 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
  • 2017-05-17 Referred to Coms. on B. & F.I. and RLS. referral-committee
  • 2017-05-30 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on I., B. & F.I. amendment-passage, referral-committee, reading-2, reading-1, amendment-introduction
  • 2017-06-08 From committee: Amend, and do pass as amended and re-refer to Com. on RLS. (Ayes 11. Noes 0.) (June 7). amendment-passage, committee-passage, amendment-introduction
  • 2017-06-12 Read second time and amended. Re-referred to Com. on RLS. amendment-passage, reading-2, referral-committee, reading-1
  • 2017-06-13 Withdrawn from committee.
  • 2017-06-13 Ordered to second reading.
  • 2017-06-14 Read second time. Ordered to third reading. reading-2, reading-1
  • 2017-06-20 Ordered to special consent calendar.
  • 2017-06-26 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 1712.). reading-3, passage, reading-1
  • 2017-06-27 In Assembly. Concurrence in Senate amendments pending. May be considered on or after June 29 pursuant to Assembly Rule 77.
  • 2017-06-29 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 74. Noes 0. Page 2400.). committee-passage-favorable, amendment-passage
  • 2017-07-05 Enrolled and presented to the Governor at 2:30 p.m.
  • 2017-07-18 Approved by the Governor. executive-signature
  • 2017-07-18 Chaptered by Secretary of State - Chapter 69, Statutes of 2017.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/f8363123-f0b7-454a-9f85-521a9c9742cc. Confidence: reported (aggregated from official California legislature records).