University of California: Office of the Chief Investment Officer.
Existing law establishes the University of California, under the administration of the Regents of the University of California, as one of the segments of public postsecondary education in this state. Under existing law, the University of California provides instruction at 10 campuses, which are located in Berkeley, Davis, Irvine, Los Angeles, Merced, Riverside, San Diego, San Francisco, Santa Barbara, and Santa Cruz. The regents have established the Office of the Chief Investment Officer (OCIO) and have assigned to that office the task of responsibly investing various funds of the university, including, but not limited to, endowment and pension funds.
us/states/ca
California Legislature
20172018
AB 2041
California AB 2041 (20172018)
bill
University of California: Office of the Chief Investment Officer.
California AB 2041 (20172018) — University of California: Office of the Chief Investment Officer.
Existing law establishes the University of California, under the administration of the Regents of the University of California, as one of the segments of public postsecondary education in this state. Under existing law, the University of California provides instruction at 10 campuses, which are located in Berkeley, Davis, Irvine, Los Angeles, Merced, Riverside, San Diego, San Francisco, Santa Barbara, and Santa Cruz. The regents have established the Office of the Chief Investment Officer (OCIO) and have assigned to that office the task of responsibly investing various funds of the university, including, but not limited to, endowment and pension funds.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
AB 2041 CABALLERO Concurrence in Senate Amendments — 56–23 (pass) · lower
Do pass, but first be re-referred to the Committee on [Appropriations] — 6–1 (pass) · upper
AB 2041 CABALLERO Assembly Third Reading — 53–23 (pass) · lower
Do pass as amended. — 12–4 (pass) · lower
Do pass and be re-referred to the Committee on [Appropriations] — 9–4 (pass) · lower
3rd Reading AB2041 Caballero et al. By Mitchell — 27–8 (pass) · upper
Sponsors
Caballero — primary (person)
Holden — coauthor (person)
Reyes — coauthor (person)
Timeline
The legislative action history — every referral, reading, and vote.
2018-02-06 Read first time. To print. reading-1
2018-02-07 From printer. May be heard in committee March 9.
2018-02-16 Referred to Com. on HIGHER ED. referral-committee
2018-03-22 From committee chair, with author's amendments: Amend, and re-refer to Com. on HIGHER ED. Read second time and amended. amendment-introduction, amendment-passage, reading-2, reading-1
2018-04-02 Re-referred to Com. on HIGHER ED. referral-committee
2018-04-04 From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 4.) (April 3). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
2018-04-18 In committee: Set, first hearing. Referred to APPR. suspense file. referral-committee
2018-05-25 From committee: Amend, and do pass as amended. (Ayes 12. Noes 4.) (May 25). amendment-passage, committee-passage, amendment-introduction
2018-05-25 Read second time and amended. Ordered returned to second reading. reading-1, amendment-passage, reading-2
2018-05-29 Read second time. Ordered to third reading. reading-2, reading-1
2018-05-30 Read third time. Passed. Ordered to the Senate. (Ayes 53. Noes 23. Page 5528.) reading-3, passage, reading-1
2018-05-31 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2018-06-07 Referred to Com. on ED. referral-committee
2018-06-18 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on ED. amendment-passage, referral-committee, reading-2, reading-1, amendment-introduction
2018-06-28 From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 1.) (June 27). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
2018-08-06 From committee: Be ordered to second reading pursuant to Senate Rule 28.8. committee-passage, reading-2
2018-08-07 Read second time. Ordered to third reading. reading-2, reading-1
2018-08-13 Read third time. Passed. Ordered to the Assembly. (Ayes 27. Noes 8. Page 5269.). reading-3, passage, reading-1
2018-08-14 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 16 pursuant to Assembly Rule 77.
2018-08-20 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 56. Noes 23. Page 6369.). committee-passage-favorable, amendment-passage
2018-08-24 Enrolled and presented to the Governor at 4:30 p.m.
2018-09-29 Approved by the Governor. executive-signature
2018-09-29 Chaptered by Secretary of State - Chapter 912, Statutes of 2018.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/1602ac9f-f993-4705-9fb0-ebfcb402148b. Confidence: reported (aggregated from official California legislature records).