Fabio
84 lines
5.6 KiB
Markdown
84 lines
5.6 KiB
Markdown
---
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type: "Bill"
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title: "State funds: investments."
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description: "Existing law requires the Treasurer to invest, or deposit in banks and savings and loan associations, specified state moneys designated as surplus and determined to be available for that purpose by the Pooled Money Investment Board. Existing law prescribes eligible securities for the investment of surplus moneys under these provisions, including bonds, notes, and warrants of this state and bonds or warrants of any county, city, or specified types of districts of this state."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20212022"
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identifier: "AB 869"
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citation: "California AB 869 (20212022)"
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classification: ["bill"]
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subjects: ["State funds: investments."]
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status: "enacted"
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primary_sponsors: ["Bloom"]
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version_count: 5
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action_count: 19
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vote_count: 5
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first_action: "2021-02-17"
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last_action: "2021-07-09"
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source: "openstates"
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source_identifier: "ocd-bill/5cc85629-6888-4cf4-9a7c-b3acc12b7a30"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB869"
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source_hash: "f76f58a963c44179cbd58471e5350280f14577e18a8c046bdfdedb7050892669"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ca"]
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---
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# California AB 869 (20212022) — State funds: investments.
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Existing law requires the Treasurer to invest, or deposit in banks and savings and loan associations, specified state moneys designated as surplus and determined to be available for that purpose by the Pooled Money Investment Board. Existing law prescribes eligible securities for the investment of surplus moneys under these provisions, including bonds, notes, and warrants of this state and bonds or warrants of any county, city, or specified types of districts of this state.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **02/17/21 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB869&version=20210AB86999INT)
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2. **04/07/21 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB869&version=20210AB86998AMD)
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3. **07/09/21 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB869&version=20210AB86996CHP)
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4. **AB869** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB869)
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5. **06/25/21 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB869&version=20210AB86997ENR)
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## Votes
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- Consent Calendar AB869 — **39–0** (pass) · upper
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- Do pass and be re-referred to the Committee on [Appropriations] — **12–0** (pass) · lower
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- Do pass. To Consent Calendar. — **16–0** (pass) · lower
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- AB 869 Bloom Consent Calendar Second Day — **77–0** (pass) · lower
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- Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar — **14–0** (pass) · upper
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## Sponsors
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- Bloom — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-02-17** Read first time. To print. `reading-1`
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- **2021-02-18** From printer. May be heard in committee March 20.
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- **2021-02-25** Referred to Com. on B. & F. `referral-committee`
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- **2021-04-07** From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. `amendment-introduction, amendment-passage, reading-1, reading-2`
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- **2021-04-08** Re-referred to Com. on B. & F. `referral-committee`
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- **2021-04-19** From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (April 15). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
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- **2021-04-28** From committee: Do pass. To Consent Calendar. (Ayes 16. Noes 0.) (April 28). `committee-passage, committee-passage-favorable`
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- **2021-04-29** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
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- **2021-05-06** Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1337.) `passage, reading-1, reading-3`
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- **2021-05-06** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
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- **2021-05-19** Referred to Com. on G.O. `referral-committee`
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- **2021-06-08** From committee: Do pass and re-refer to Com. on APPR with recommendation: To Consent Calendar. (Ayes 14. Noes 0.) (June 8). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
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- **2021-06-21** From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar. `committee-passage, reading-2`
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- **2021-06-22** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
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- **2021-06-24** Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 1634.). `passage, reading-1, reading-3`
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- **2021-06-24** In Assembly. Ordered to Engrossing and Enrolling. `committee-passage`
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- **2021-06-30** Enrolled and presented to the Governor at 3:30 p.m.
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- **2021-07-09** Approved by the Governor. `executive-signature`
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- **2021-07-09** Chaptered by Secretary of State - Chapter 60, Statutes of 2021. `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5cc85629-6888-4cf4-9a7c-b3acc12b7a30`. Confidence: reported (aggregated from official California legislature records).
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