5a13be122b
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
95 lines
6.8 KiB
Markdown
95 lines
6.8 KiB
Markdown
---
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type: "Bill"
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title: "Insurance."
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description: "(1) Existing law governs the business of insurance and authorizes the Insurance Commissioner to provide oversight over the insurance industry, including conducting investigations and bringing enforcement actions. Existing law provides that any officer, director, or employee of an insurance holding company who willfully and knowingly subscribes to, makes, or causes to be made materially false statements, reports, or filings, as specified, that involves the deliberate perpetration of a fraud upon the commissioner is guilty of a misdemeanor or a felony."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20112012"
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identifier: "SB 1448"
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citation: "California SB 1448 (20112012)"
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classification: ["bill"]
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subjects: ["Insurance."]
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status: "enacted"
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primary_sponsors: ["Calderon"]
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version_count: 8
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action_count: 26
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vote_count: 6
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first_action: "2012-02-24"
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last_action: "2012-09-07"
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source: "openstates"
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source_identifier: "ocd-bill/42e3dfeb-96aa-4f32-814b-50833603da95"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB1448"
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source_hash: "23ab915423558a48bf21d1ed6ca74e278bd0e66d1a8760a28845d6df23ec25ff"
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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 SB 1448 (20112012) — Insurance.
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(1) Existing law governs the business of insurance and authorizes the Insurance Commissioner to provide oversight over the insurance industry, including conducting investigations and bringing enforcement actions. Existing law provides that any officer, director, or employee of an insurance holding company who willfully and knowingly subscribes to, makes, or causes to be made materially false statements, reports, or filings, as specified, that involves the deliberate perpetration of a fraud upon the commissioner is guilty of a misdemeanor or a felony.
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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. **02/24/12 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1448&version=20110SB144899INT)
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2. **04/16/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1448&version=20110SB144898AMD)
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3. **05/01/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1448&version=20110SB144897AMD)
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4. **06/11/12 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1448&version=20110SB144896AMD)
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5. **06/27/12 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1448&version=20110SB144895AMD)
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6. **09/07/12 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1448&version=20110SB144893CHP)
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7. **SB1448** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB1448)
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8. **08/23/12 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1448&version=20110SB144894ENR)
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## Votes
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- Do pass as amended, and re-refer to the Committee on Appropriations. — **8–0** (pass) · upper
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- Unfinished Business SB1448 Calderon Concurrence — **37–0** (pass) · upper
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- SB 1448 Calderon Senate Third Reading By SOLORIO — **78–0** (pass) · lower
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- Do pass as amended and be re-referred to the Committee on Appropriations. — **8–3** (pass) · lower
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- Special Consent #11 — **39–0** (pass) · upper
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- Do pass. — **17–0** (pass) · lower
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## Sponsors
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- Calderon — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2012-02-24** Introduced. To Com. on RLS. for assignment. To print. `introduction`
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- **2012-02-25** From printer. May be acted upon on or after March 26.
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- **2012-02-27** Read first time. `reading-1`
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- **2012-03-22** Referred to Com. on INS. `referral-committee`
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- **2012-04-05** Set for hearing April 25.
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- **2012-04-16** From committee with author's amendments. Read second time and amended. Re-referred to Com. on INS. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
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- **2012-04-30** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 0. Page 3308.) (April 25). `amendment-passage, committee-passage, committee-passage-favorable`
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- **2012-05-01** Read second time and amended. Re-referred to Com. on APPR. `reading-2, reading-1, amendment-passage, referral-committee`
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- **2012-05-04** Set for hearing May 14.
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- **2012-05-15** From committee: Be placed on second reading file pursuant to Senate Rule 28.8. `committee-passage`
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- **2012-05-16** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2012-05-23** Ordered to special consent calendar.
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- **2012-05-29** Read third time. Passed. (Ayes 39. Noes 0. Page 3667.) Ordered to the Assembly. `reading-3, reading-1, passage`
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- **2012-05-30** In Assembly. Read first time. Held at Desk. `reading-1`
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- **2012-06-07** Referred to Com. on INS. `referral-committee`
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- **2012-06-11** From committee with author's amendments. Read second time and amended. Re-referred to Com. on INS. `reading-2, reading-1, committee-passage, amendment-passage, referral-committee`
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- **2012-06-26** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 3.) (June 20). `amendment-passage, committee-passage, committee-passage-favorable`
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- **2012-06-27** Read second time and amended. Re-referred to Com. on APPR. `reading-2, reading-1, amendment-passage, referral-committee`
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- **2012-08-09** From committee: Do pass. (Ayes 17. Noes 0.) (August 8). `committee-passage, committee-passage-favorable`
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- **2012-08-13** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2012-08-20** Read third time. Passed. (Ayes 78. Noes 0. Page 6021.) Ordered to the Senate. `reading-3, reading-1, passage`
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- **2012-08-21** In Senate. Concurrence in Assembly amendments pending.
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- **2012-08-22** Assembly amendments concurred in. (Ayes 37. Noes 0. Page 4680.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
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- **2012-08-28** Enrolled and presented to the Governor at 4 p.m.
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- **2012-09-07** Approved by the Governor. `executive-signature`
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- **2012-09-07** Chaptered by Secretary of State. Chapter 282, Statutes of 2012.
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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/42e3dfeb-96aa-4f32-814b-50833603da95`. Confidence: reported (aggregated from official California legislature records).
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