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republic-os/legislation/us/states/ca/20012002/ab-1048.md
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---
type: "Bill"
title: "Securities."
description: "Securities."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20012002"
identifier: "AB 1048"
citation: "California AB 1048 (20012002)"
classification: ["bill"]
subjects: ["Securities."]
status: "enacted"
primary_sponsors: ["Frommer"]
version_count: 6
action_count: 22
vote_count: 6
first_action: "2001-02-23"
last_action: "2001-09-10"
source: "openstates"
source_identifier: "ocd-bill/6630df06-e853-413a-9c6d-eac777f5a037"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=200120020AB1048"
source_hash: "d90379f1afaef1b10ed8de61924438dcd4b9b81ad5703076b3cf826bb4506e94"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---
# California AB 1048 (20012002) — Securities.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **02/23/01 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200120020AB1048&version=20010AB104899INT)
2. **03/29/01 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200120020AB1048&version=20010AB104898AMD)
3. **06/11/01 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200120020AB1048&version=20010AB104897AMD)
4. **09/10/01 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200120020AB1048&version=20010AB104895CHP)
5. **AB1048** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=200120020AB1048)
6. **08/23/01 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200120020AB1048&version=20010AB104896ENR)
## Votes
- Do pass and be re-referred to the Committee on Appropriations to Consent Calendar. — **pass** (pass) · lower
- Special Consent #21 AB1048 Frommer — **pass** (pass) · upper
- Do pass, but re-refer to the Committee on Appropriations. — **pass** (pass) · upper
- AB 1048 Frommer Concurrence in Senate Amendments — **pass** (pass) · lower
- Do pass, to Consent Calendar. — **pass** (pass) · lower
- AB 1048 Frommer Consent Calendar Second Day Regular Session — **pass** (pass) · lower
## Sponsors
- Frommer — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2001-09-10** Chaptered by Secretary of State - Chapter 264, Statutes of 2001.
- **2001-09-08** Approved by the Governor. `executive-signature`
- **2001-08-27** Enrolled and to the Governor at 3:15 p.m.
- **2001-08-23** Senate amendments concurred in. To enrollment. (Ayes 78. Noes 0. Page 3162.) `committee-passage-favorable, amendment-passage`
- **2001-07-23** In Assembly. Concurrence in Senate amendments pending. May be considered on or after July 25 pursuant to Assembly Rule 77.
- **2001-07-21** Read third time, passed, and to Assembly. (Ayes 39. Noes 0. Page 2175.) `passage, reading-1, reading-3`
- **2001-07-16** Read third time, passed, and to Assembly. (Ayes 37. Noes 0. Page 2015.) Motion to reconsider made by Senator Burton. Reconsideration granted. (Page 2016.) `passage, reading-1, reading-3`
- **2001-07-10** Read second time. To third reading. `reading-2, reading-1`
- **2001-07-09** From committee: Be placed on second reading file pursuant to Senate Rule 28.8. `committee-passage`
- **2001-06-25** From committee: Do pass, and re-refer to Standing Committee on Appropriations Re-referred. (Ayes 8. Noes 0.). `committee-passage-favorable, referral-committee, committee-passage`
- **2001-06-11** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B., C. & I. T. `reading-1, referral-committee, reading-2, amendment-introduction, amendment-passage`
- **2001-05-31** Referred to Com. on B., C. & I. T. `referral-committee`
- **2001-05-17** In Senate. Read first time. To Standing Committee on Rules for assignment. `reading-1`
- **2001-05-17** Read third time, passed, and to Senate. (Ayes 75. Noes 0. Page 1688.) `passage, reading-1, reading-3`
- **2001-05-14** Read second time. To Consent Calendar. `reading-2, reading-1`
- **2001-05-10** From committee: Do pass. To Consent Calendar. (May 9). `committee-passage-favorable, committee-passage`
- **2001-04-24** From committee: Do pass, and re-refer to Standing Committee on Appropriations with recommendation: To Consent Calendar. Re-referred. (Ayes 11. Noes 0.) (April 23). `committee-passage-favorable, referral-committee, committee-passage`
- **2001-04-16** Re-referred to Standing Committee on Banking and Finance. `referral-committee`
- **2001-03-29** Referred to Standing Committee on Banking and Finance From committee chair, with author's amendments: Amend, and re-refer to Standing Committee on Banking and Finance Read second time and amended. `reading-2, referral-committee, reading-1, amendment-introduction, amendment-passage`
- **2001-02-26** Read first time. `reading-1`
- **2001-02-25** From printer. May be heard in committee March 27.
- **2001-02-23** Introduced. To print. `introduction`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6630df06-e853-413a-9c6d-eac777f5a037`. Confidence: reported (aggregated from official California legislature records).