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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 Public Employees' Retirement Fund and Teachers' Retirement Fund: investments: climate-related financial risk. The California Constitution requires members of the retirement board of a public pension or retirement system to discharge their duties with respect to the system solely in the interest of, and for the exclusive purposes of providing benefits to, participants and their beneficiaries, minimizing employer contributions thereto, and defraying reasonable expenses of administering the system. Existing statutory law establishes various public employee retirement systems and provides for the administration of the State Teachers' Retirement System by the Teachers' Retirement Board and for the administration of the Public Employees' Retirement System, among other public employee retirement systems, by the Board of Administration of the Public Employees' Retirement System. us/states/ca California Legislature 20172018 SB 964 California SB 964 (20172018)
bill
Public Employees' Retirement Fund and Teachers' Retirement Fund: investments: climate-related financial risk.
enacted
Allen
5 26 7 2018-01-31 2018-09-23 openstates ocd-bill/265deb48-75df-45e5-9c3b-b4f3839f4d53 http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180SB964 46a46d36a236630a42f3396ac63883edf8c7c81d76be36725ebb37c26d1ec6ab 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ca

California SB 964 (20172018) — Public Employees' Retirement Fund and Teachers' Retirement Fund: investments: climate-related financial risk.

The California Constitution requires members of the retirement board of a public pension or retirement system to discharge their duties with respect to the system solely in the interest of, and for the exclusive purposes of providing benefits to, participants and their beneficiaries, minimizing employer contributions thereto, and defraying reasonable expenses of administering the system. Existing statutory law establishes various public employee retirement systems and provides for the administration of the State Teachers' Retirement System by the Teachers' Retirement Board and for the administration of the Public Employees' Retirement System, among other public employee retirement systems, by the Board of Administration of the Public Employees' Retirement System.

Version chain

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

  1. 01/31/18 - Introduced (filed) — source
  2. 03/14/18 - Amended Senate (committee substitute) — source
  3. 09/23/18 - Chaptered (committee substitute) — source
  4. SB964 (committee substitute) — source
  5. 09/05/18 - Enrolled (enrolled) — source

Votes

  • Do pass — 52 (pass) · upper
  • Do pass and be re-referred to the Committee on [Appropriations] — 41 (pass) · lower
  • Do pass. — 125 (pass) · lower
  • Do pass, but first be re-referred to the Committee on [Appropriations] — 32 (pass) · upper
  • Placed on suspense file — 70 (pass) · upper
  • 3rd Reading — 2711 (pass) · upper
  • SB 964 Allen Senate Third Reading By KALRA — 5325 (pass) · lower

Sponsors

  • Allen — primary (person)
  • Kalra — coauthor (person)
  • Monning — coauthor (person)
  • Portantino — coauthor (person)
  • Skinner — coauthor (person)
  • Thurmond — coauthor (person)

Timeline

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

  • 2018-01-31 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
  • 2018-02-01 From printer. May be acted upon on or after March 3.
  • 2018-02-08 Referred to Com. on RLS. referral-committee
  • 2018-03-14 From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS. reading-2, referral-committee, amendment-passage, committee-passage, reading-1
  • 2018-03-21 Re-referred to Com. on P.E. & R. referral-committee
  • 2018-03-23 Set for hearing April 9.
  • 2018-04-10 From committee: Do pass and re-refer to Com. on APPR. (Ayes 3. Noes 2. Page 4605.) (April 9). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
  • 2018-04-11 Set for hearing April 16.
  • 2018-04-16 April 16 hearing: Placed on APPR. suspense file.
  • 2018-05-18 Set for hearing May 25.
  • 2018-05-25 From committee: Do pass. (Ayes 5. Noes 2. Page 4300.) (May 25). committee-passage-favorable, committee-passage
  • 2018-05-25 Read second time. Ordered to third reading. reading-2, reading-1
  • 2018-05-29 Read third time. Passed. (Ayes 27. Noes 11. Page 4346.) Ordered to the Assembly. reading-3, passage, reading-1
  • 2018-05-29 In Assembly. Read first time. Held at Desk. reading-1
  • 2018-06-11 Referred to Com. on P.E., R., & S.S. referral-committee
  • 2018-06-20 Coauthors revised.
  • 2018-06-20 From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 1.) (June 20). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
  • 2018-08-08 August 8 set for first hearing. Placed on APPR. suspense file.
  • 2018-08-16 From committee: Do pass. (Ayes 12. Noes 5.) (August 16). committee-passage-favorable, committee-passage
  • 2018-08-16 Coauthors revised.
  • 2018-08-20 Read second time. Ordered to third reading. reading-2, reading-1
  • 2018-08-30 Read third time. Passed. (Ayes 53. Noes 25. Page 6962.) Ordered to the Senate. reading-3, passage, reading-1
  • 2018-08-30 In Senate. Ordered to engrossing and enrolling.
  • 2018-09-06 Enrolled and presented to the Governor at 4 p.m.
  • 2018-09-23 Approved by the Governor. executive-signature
  • 2018-09-23 Chaptered by Secretary of State. Chapter 731, Statutes of 2018.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/265deb48-75df-45e5-9c3b-b4f3839f4d53. Confidence: reported (aggregated from official California legislature records).