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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 Bergeson-Peace Infrastructure and Economic Development Bank. The Bergeson-Peace Infrastructure and Economic Development Bank Act (Bank Act) establishes the California Infrastructure and Economic Development Bank (I-Bank) in the Governor's Office of Business and Economic Development, that is governed by a board of directors. The Bank Act, among other things, authorizes the I-Bank to make loans, issue bonds, and provide financial assistance for various types of projects that qualify as economic development or public development facilities. us/states/ca California Legislature 20192020 AB 78 California AB 78 (20192020)
bill
appropriation
Bergeson-Peace Infrastructure and Economic Development Bank.
enacted
Committee on Budget
6 27 5 2018-12-03 2020-06-29 openstates ocd-bill/ce29d642-2e69-4745-b156-a4232ea40c44 http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200AB78 330b9c8908aab6563501bd52082362c5caf484e25e127d52b858bddc6dda5451 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ca

California AB 78 (20192020) — Bergeson-Peace Infrastructure and Economic Development Bank.

The Bergeson-Peace Infrastructure and Economic Development Bank Act (Bank Act) establishes the California Infrastructure and Economic Development Bank (I-Bank) in the Governor's Office of Business and Economic Development, that is governed by a board of directors. The Bank Act, among other things, authorizes the I-Bank to make loans, issue bonds, and provide financial assistance for various types of projects that qualify as economic development or public development facilities.

Version chain

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

  1. 12/03/18 - Introduced (filed) — source
  2. 06/18/19 - Amended Senate (committee substitute) — source
  3. 06/22/20 - Amended Senate (committee substitute) — source
  4. 06/29/20 - Chaptered (committee substitute) — source
  5. AB78 (committee substitute) — source
  6. 06/26/20 - Enrolled (enrolled) — source

Votes

  • AB 78 Ting Assembly Third Reading — 5413 (pass) · lower
  • Do pass — 135 (pass) · upper
  • 3rd Reading AB78 BUDGET — 2812 (pass) · upper
  • AB 78 BUDGET Concurrence in Senate Amendments By TING — 5913 (pass) · lower
  • Do pass — 115 (pass) · upper

Sponsors

  • Committee on Budget — primary (person)

Timeline

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

  • 2018-12-03 Read first time. To print. reading-1
  • 2018-12-04 From printer. May be heard in committee January 3.
  • 2019-01-24 Referred to Com. on BUDGET. referral-committee
  • 2019-04-04 Assembly Rule 96 suspended. (Ayes 53. Noes 15. Page 1032.)
  • 2019-04-04 Withdrawn from committee.
  • 2019-04-04 Ordered to second reading.
  • 2019-04-08 Read second time. Ordered to third reading. reading-1, reading-2
  • 2019-04-11 Read third time. Passed. Ordered to the Senate. (Ayes 54. Noes 13. Page 1166.) passage, reading-3, reading-1
  • 2019-04-11 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
  • 2019-04-24 Referred to Com. on B. & F.R. referral-committee
  • 2019-06-10 In committee: Hearing postponed by committee.
  • 2019-06-12 In committee: Hearing postponed by committee.
  • 2019-06-17 In committee: Hearing postponed by committee.
  • 2019-06-18 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.R. reading-1, reading-2, amendment-passage, referral-committee, amendment-introduction
  • 2019-06-19 From committee: Do pass. (Ayes 11. Noes 5.) (June 19). committee-passage-favorable, committee-passage
  • 2019-06-19 Ordered to third reading.
  • 2019-06-26 Re-referred to Com. on B. & F.R. referral-committee
  • 2020-06-22 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.R. reading-1, reading-2, amendment-passage, referral-committee, amendment-introduction
  • 2020-06-24 From committee: Do pass. (Ayes 13. Noes 5.) (June 24). committee-passage-favorable, committee-passage
  • 2020-06-24 Read second time. Ordered to third reading. reading-1, reading-2
  • 2020-06-25 Read third time. Passed. Ordered to the Assembly. (Ayes 28. Noes 12. Page 3851.). passage, reading-3, reading-1
  • 2020-06-25 In Assembly. Concurrence in Senate amendments pending. May be considered on or after June 27 pursuant to Assembly Rule 77.
  • 2020-06-26 Assembly Rule 77 suspended. (Ayes 58. Noes 16. Page 4954.)
  • 2020-06-26 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 59. Noes 13. Page 4956.). amendment-passage, committee-passage-favorable
  • 2020-06-26 Enrolled and presented to the Governor at 6:30 p.m.
  • 2020-06-29 Approved by the Governor. executive-signature
  • 2020-06-29 Chaptered by Secretary of State - Chapter 10, Statutes of 2020.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/ce29d642-2e69-4745-b156-a4232ea40c44. Confidence: reported (aggregated from official California legislature records).