Fabio
6.7 KiB
6.7 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 | Local government: financial affairs: surplus funds. | Existing law prescribes the instruments and criteria by which a local agency, as defined, may invest and deposit its funds, including its surplus funds. Existing law, until January 1, 2021, authorizes a local agency, under certain conditions, to invest up to 30% of the agency's surplus funds in deposits at specified types of financial institutions that use a private sector entity to assist in the placement of deposits, as specified. Existing law, on and after January 1, 2021, authorizes a local agency, under certain conditions, to invest up to 30% of the agency's surplus funds in certificates of deposit at specified types of financial institutions. | us/states/ca | California Legislature | 20192020 | AB 945 | California AB 945 (20192020) |
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6 | 24 | 7 | 2019-02-20 | 2019-10-08 | openstates | ocd-bill/8718070f-3c22-40bf-bb13-3698c6937d39 | http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200AB945 | b8a848441af250b4fea547fa721081d791302fd28dbb5b75410ea26a67c7c2c3 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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California AB 945 (20192020) — Local government: financial affairs: surplus funds.
Existing law prescribes the instruments and criteria by which a local agency, as defined, may invest and deposit its funds, including its surplus funds. Existing law, until January 1, 2021, authorizes a local agency, under certain conditions, to invest up to 30% of the agency's surplus funds in deposits at specified types of financial institutions that use a private sector entity to assist in the placement of deposits, as specified. Existing law, on and after January 1, 2021, authorizes a local agency, under certain conditions, to invest up to 30% of the agency's surplus funds in certificates of deposit at specified types of financial institutions.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- 02/20/19 - Introduced (filed) — source
- 07/01/19 - Amended Senate (committee substitute) — source
- 09/04/19 - Amended Senate (committee substitute) — source
- 10/08/19 - Chaptered (committee substitute) — source
- AB945 (committee substitute) — source
- 09/13/19 - Enrolled (enrolled) — source
Votes
- Do pass. — 12–0 (pass) · lower
- Do pass, but first be re-referred to the Committee on [Banking and Financial Institutions] — 5–0 (pass) · upper
- AB 945 McCarty Concurrence in Senate Amendments — 79–0 (pass) · lower
- Do pass and be re-referred to the Committee on [Banking and Finance] — 8–0 (pass) · lower
- Do pass as amended — 7–0 (pass) · upper
- AB 945 McCarty Assembly Third Reading — 75–0 (pass) · lower
- 3rd Reading AB945 McCarty et al. By Pan — 39–1 (pass) · upper
Sponsors
- McCarty — primary (person)
- Aguiar-Curry — coauthor (person)
- Voepel — coauthor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2019-02-20 Read first time. To print.
reading-1 - 2019-02-21 From printer. May be heard in committee March 23.
- 2019-03-04 Referred to Coms. on L. GOV. and B. & F.
referral-committee - 2019-04-11 Coauthors revised.
- 2019-04-11 From committee: Do pass and re-refer to Com. on B. & F. (Ayes 8. Noes 0.) (April 10). Re-referred to Com. on B. & F.
committee-passage-favorable, committee-passage, referral-committee - 2019-04-23 From committee: Do pass. (Ayes 12. Noes 0.) (April 22).
committee-passage-favorable, committee-passage - 2019-04-24 Read second time. Ordered to third reading.
reading-1, reading-2 - 2019-04-29 Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 0. Page 1396.)
passage, reading-3, reading-1 - 2019-04-29 In Senate. Read first time. To Com. on RLS. for assignment.
reading-1 - 2019-05-08 Referred to Coms. on GOV. & F. and B. & F.I.
referral-committee - 2019-06-06 In committee: Hearing postponed by committee.
- 2019-06-20 From committee: Do pass and re-refer to Com. on B. & F.I. (Ayes 5. Noes 0.) (June 19). Re-referred to Com. on B. & F.I.
committee-passage-favorable, committee-passage, referral-committee - 2019-06-24 Joint Rule 62(a) suspended. (Page 1716.)
- 2019-06-27 From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (June 26).
amendment-passage, committee-passage, amendment-introduction - 2019-07-01 Read second time and amended. Ordered to third reading.
amendment-passage, reading-1, reading-2 - 2019-09-04 Read third time and amended. Ordered to second reading.
amendment-passage, reading-3, reading-1 - 2019-09-05 Read second time. Ordered to third reading.
reading-1, reading-2 - 2019-09-09 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 1. Page 2679.).
passage, reading-3, reading-1 - 2019-09-09 In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 11 pursuant to Assembly Rule 77.
- 2019-09-10 Assembly Rule 77 suspended. (Page 3252.)
- 2019-09-10 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0. Page 3277.).
amendment-passage, committee-passage-favorable - 2019-09-19 Enrolled and presented to the Governor at 3:30 p.m.
- 2019-10-08 Approved by the Governor.
executive-signature - 2019-10-08 Chaptered by Secretary of State - Chapter 619, Statutes of 2019.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/8718070f-3c22-40bf-bb13-3698c6937d39. Confidence: reported (aggregated from official California legislature records).