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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 Local government: investments. Existing law, the Joint Exercise of Powers Act, generally authorizes 2 or more public agencies to agree to jointly exercise a common power. Existing law specifically authorizes 2 or more public agencies that have the authority to invest funds in their treasuries to agree to jointly exercise that common power and describes how funds subject to that agreement may be invested. us/states/ca California Legislature 20192020 SB 998 California SB 998 (20192020)
bill
Local government: investments.
enacted
Moorlach
6 18 4 2020-02-13 2020-09-28 openstates ocd-bill/92214fba-65d5-4356-afcf-8e0c69ba0779 http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200SB998 1359af015fb195628120261c8f653e9e855428e55413f9e3fcd6a5e8538df8a2 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ca

California SB 998 (20192020) — Local government: investments.

Existing law, the Joint Exercise of Powers Act, generally authorizes 2 or more public agencies to agree to jointly exercise a common power. Existing law specifically authorizes 2 or more public agencies that have the authority to invest funds in their treasuries to agree to jointly exercise that common power and describes how funds subject to that agreement may be invested.

Version chain

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

  1. 02/13/20 - Introduced (filed) — source
  2. 05/06/20 - Amended Senate (committee substitute) — source
  3. 05/22/20 - Amended Senate (committee substitute) — source
  4. 09/28/20 - Chaptered (committee substitute) — source
  5. SB998 (committee substitute) — source
  6. 09/04/20 - Enrolled (enrolled) — source

Votes

  • Do pass. To Consent Calendar. — 80 (pass) · lower
  • SB 998 Moorlach Consent Calendar Second Day — 750 (pass) · lower
  • 3rd Reading — 390 (pass) · upper
  • Do pass as amended — 70 (pass) · upper

Sponsors

  • Moorlach — primary (person)
  • Aguiar-Curry — coauthor (person)

Timeline

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

  • 2020-02-13 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
  • 2020-02-14 From printer. May be acted upon on or after March 15.
  • 2020-02-27 Referred to Com. on GOV. & F. referral-committee
  • 2020-05-06 From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F. reading-1, reading-2, amendment-passage, committee-passage, referral-committee
  • 2020-05-15 Set for hearing May 21.
  • 2020-05-21 From committee: Do pass as amended. (Ayes 7. Noes 0. Page 3576.) (May 21). committee-passage-favorable, committee-passage, amendment-passage
  • 2020-05-22 Read second time and amended. Ordered to third reading. amendment-passage, reading-1, reading-2
  • 2020-06-11 Read third time. Passed. (Ayes 39. Noes 0. Page 3675.) Ordered to the Assembly. passage, reading-3, reading-1
  • 2020-06-11 In Assembly. Read first time. Held at Desk. reading-1
  • 2020-06-18 Referred to Com. on L. GOV. referral-committee
  • 2020-08-11 Coauthors revised.
  • 2020-08-11 From committee: Do pass. Ordered to consent calendar. (Ayes 8. Noes 0.) (August 11). committee-passage-favorable, committee-passage
  • 2020-08-12 Read second time. Ordered to consent calendar. reading-1, reading-2
  • 2020-08-30 Read third time. Passed. (Ayes 75. Noes 0. Page 5280.) Ordered to the Senate. passage, reading-3, reading-1
  • 2020-08-30 In Senate. Ordered to engrossing and enrolling.
  • 2020-09-10 Enrolled and presented to the Governor at 3 p.m.
  • 2020-09-28 Approved by the Governor. executive-signature
  • 2020-09-28 Chaptered by Secretary of State. Chapter 235, Statutes of 2020.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/92214fba-65d5-4356-afcf-8e0c69ba0779. Confidence: reported (aggregated from official California legislature records).