Existing law establishes the California Earthquake Authority (CEA) , administered under the authority of the Insurance Commissioner and governed by a 3-member board. Under existing law, the CEA is authorized to transact insurance in this state as necessary to sell policies of basic residential earthquake insurance. Existing law establishes a capital structure for the CEA, with several sources of financing. Existing law generally makes all moneys and invested assets held in the California Earthquake Authority Fund, subject to specified restrictions, "available capital," which is the first source of financing used to pay earthquake claims and claim expenses. Under existing law, the California Earthquake Authority Fund is a continuously appropriated fund.
California AB 2927 (20172018) — California Earthquake Authority.
Existing law establishes the California Earthquake Authority (CEA) , administered under the authority of the Insurance Commissioner and governed by a 3-member board. Under existing law, the CEA is authorized to transact insurance in this state as necessary to sell policies of basic residential earthquake insurance. Existing law establishes a capital structure for the CEA, with several sources of financing. Existing law generally makes all moneys and invested assets held in the California Earthquake Authority Fund, subject to specified restrictions, "available capital," which is the first source of financing used to pay earthquake claims and claim expenses. Under existing law, the California Earthquake Authority Fund is a continuously appropriated fund.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass and be re-referred to the Committee on [Appropriations] — 13–0 (pass) · lower
Consent Calendar AB2927 — 37–0 (pass) · upper
AB 2927 NAZARIAN Concurrence in Senate Amendments — 79–0 (pass) · lower
Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar — 12–0 (pass) · upper
AB 2927 NAZARIAN Consent Calendar Second Day — 70–0 (pass) · lower
Do pass. To Consent Calendar. — 17–0 (pass) · lower
Sponsors
Nazarian — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2018-02-16 Read first time. To print. reading-1
2018-02-17 From printer. May be heard in committee March 19.
2018-03-22 Referred to Com. on INS. referral-committee
2018-03-22 From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended. amendment-introduction, amendment-passage, reading-2, reading-1
2018-04-02 Re-referred to Com. on INS. referral-committee
2018-04-12 From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended. amendment-introduction, amendment-passage, reading-2, reading-1
2018-04-16 Re-referred to Com. on INS. referral-committee
2018-04-18 From committee: Do pass and re-refer to Com. on APPR. (Ayes 13. Noes 0.) (April 18). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
2018-05-09 From committee chair, with author's amendments: Amend, and re-refer to Com. on APPR. Read second time and amended. amendment-introduction, amendment-passage, reading-2, reading-1
2018-05-10 Re-referred to Com. on APPR. referral-committee
2018-05-16 From committee: Do pass. To Consent Calendar. (Ayes 17. Noes 0.) (May 16). committee-passage-favorable, committee-passage
2018-05-17 Read second time. Ordered to Consent Calendar. reading-2, reading-1
2018-05-25 Read third time. Passed. Ordered to the Senate. (Ayes 70. Noes 0. Page 5306.) reading-3, passage, reading-1
2018-05-25 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2018-06-07 Referred to Com. on INS. 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 INS. amendment-passage, referral-committee, reading-2, reading-1, amendment-introduction
2018-06-28 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 12. Noes 0.) (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 file pursuant to Senate Rule 28.8 and ordered to Consent Calendar. committee-passage, reading-2
2018-08-07 Read second time. Ordered to Consent Calendar. reading-2, reading-1
2018-08-13 Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 5282.). 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 79. Noes 0. Page 6359.). committee-passage-favorable, amendment-passage
2018-08-27 Enrolled and presented to the Governor at 3 p.m.
2018-09-27 Approved by the Governor. executive-signature
2018-09-27 Chaptered by Secretary of State - Chapter 828, Statutes of 2018.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/235da35e-d5fe-4f66-9c8a-0c00aaedc3e4. Confidence: reported (aggregated from official California legislature records).