Fabio
6.8 KiB
6.8 KiB
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 | ||||||
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| Bill | Public employees' retirement: investments: security loans. | The Public Employees' Retirement Law (PERL) creates the Public Employees' Retirement System (PERS) for the provision of pension benefits to members. PERL grants the Board of Administration of PERS exclusive control of and fiduciary responsibility for the investment of the Public Employees' Retirement Fund, and authorizes the board to enter into specific types of security loan agreements, whereby a legal owner (the lender) agrees to lend specific marketable corporate or government securities for no more than one year, and the lender retains the right to collect from the borrower all dividends, interest, premiums, rights, and other distributions. Existing law grants the board the authority to enter into these agreements pursuant to specific provisions covering security loan agreements by state agencies. | us/states/ca | California Legislature | 20172018 | AB 679 | California AB 679 (20172018) |
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6 | 22 | 2 | 2017-02-15 | 2017-09-01 | openstates | ocd-bill/7f3be4b9-bb7d-437a-83a4-8098b35ee04f | http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB679 | ce8172186bcfc9bde03892ffe0aef2efca5fbc998c5ed4fc7b2b29598941952f | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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California AB 679 (20172018) — Public employees' retirement: investments: security loans.
The Public Employees' Retirement Law (PERL) creates the Public Employees' Retirement System (PERS) for the provision of pension benefits to members. PERL grants the Board of Administration of PERS exclusive control of and fiduciary responsibility for the investment of the Public Employees' Retirement Fund, and authorizes the board to enter into specific types of security loan agreements, whereby a legal owner (the lender) agrees to lend specific marketable corporate or government securities for no more than one year, and the lender retains the right to collect from the borrower all dividends, interest, premiums, rights, and other distributions. Existing law grants the board the authority to enter into these agreements pursuant to specific provisions covering security loan agreements by state agencies.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- 02/15/17 - Introduced (filed) — source
- 04/17/17 - Amended Assembly (committee substitute) — source
- 06/08/17 - Amended Senate (committee substitute) — source
- 09/01/17 - Chaptered (committee substitute) — source
- AB679 (committee substitute) — source
- 08/22/17 - Enrolled (enrolled) — source
Votes
- AB 679 COOLEY Concurrence in Senate Amendments — 76–0 (pass) · lower
- Consent Calendar 2nd AB679 — 39–0 (pass) · upper
Sponsors
- Cooley — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2017-02-15 Read first time. To print.
reading-1 - 2017-02-16 From printer. May be heard in committee March 18.
- 2017-03-02 Referred to Com. on P.E., R., & S.S.
referral-committee - 2017-03-22 In committee: Set, first hearing. Hearing canceled at the request of author.
- 2017-04-17 From committee chair, with author's amendments: Amend, and re-refer to Com. on P.E., R., & S.S. Read second time and amended.
amendment-introduction, amendment-passage, reading-2, reading-1 - 2017-04-18 Re-referred to Com. on P.E., R., & S.S.
referral-committee - 2017-04-20 From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (April 19). Re-referred to Com. on APPR.
committee-passage-favorable, committee-passage, referral-committee - 2017-05-03 From committee: Do pass. To Consent Calendar. (Ayes 16. Noes 0.) (May 3).
committee-passage-favorable, committee-passage - 2017-05-04 Read second time. Ordered to Consent Calendar.
reading-2, reading-1 - 2017-05-11 Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1488.)
reading-3, passage, reading-1 - 2017-05-11 In Senate. Read first time. To Com. on RLS. for assignment.
reading-1 - 2017-05-24 Referred to Com. on P.E. & R.
referral-committee - 2017-06-08 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on P.E. & R.
amendment-passage, referral-committee, reading-2, reading-1, amendment-introduction - 2017-06-27 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 5. Noes 0.) (June 26). Re-referred to Com. on APPR.
committee-passage-favorable, committee-passage, referral-committee - 2017-07-10 From committee: Be placed on second reading file pursuant to Senate Rule 28.8 and ordered to consent calendar.
committee-passage - 2017-07-11 Read second time. Ordered to Consent Calendar.
reading-2, reading-1 - 2017-07-13 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 2023.).
reading-3, passage, reading-1 - 2017-07-13 In Assembly. Concurrence in Senate amendments pending. May be considered on or after July 15 pursuant to Assembly Rule 77.
- 2017-08-21 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 0. Page 2674.).
committee-passage-favorable, amendment-passage - 2017-08-25 Enrolled and presented to the Governor at 3 p.m.
- 2017-09-01 Approved by the Governor.
executive-signature - 2017-09-01 Chaptered by Secretary of State - Chapter 198, Statutes of 2017.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/7f3be4b9-bb7d-437a-83a4-8098b35ee04f. Confidence: reported (aggregated from official California legislature records).