Fabio
100 lines
6.8 KiB
Markdown
100 lines
6.8 KiB
Markdown
---
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type: "Bill"
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title: "State Compensation Insurance Fund: investments."
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description: "Existing law requires the board of directors of the State Compensation Insurance Fund to invest and reinvest, from time to time, all moneys in the State Compensation Insurance Fund in excess of current requirements in the same manner as is authorized in certain provisions applicable to private insurance carriers. Existing law prohibits the board from investing or reinvesting in certain investments, including real estate and call options on common stock."
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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 1513"
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citation: "California SB 1513 (20112012)"
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classification: ["bill"]
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subjects: ["State Compensation Insurance Fund: investments."]
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status: "enacted"
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primary_sponsors: ["Negrete McLeod"]
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version_count: 7
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action_count: 30
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vote_count: 8
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first_action: "2012-02-24"
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last_action: "2012-09-30"
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source: "openstates"
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source_identifier: "ocd-bill/0dc1b3f7-0706-4dc5-b54e-85924795acfb"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB1513"
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source_hash: "766f875507d9210012a2c8c09a81028411e2e7db15869f714441cba99a93edd6"
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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 1513 (20112012) — State Compensation Insurance Fund: investments.
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Existing law requires the board of directors of the State Compensation Insurance Fund to invest and reinvest, from time to time, all moneys in the State Compensation Insurance Fund in excess of current requirements in the same manner as is authorized in certain provisions applicable to private insurance carriers. Existing law prohibits the board from investing or reinvesting in certain investments, including real estate and call options on common stock.
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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=201120120SB1513&version=20110SB151399INT)
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2. **03/29/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1513&version=20110SB151398AMD)
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3. **04/16/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1513&version=20110SB151397AMD)
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4. **06/27/12 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1513&version=20110SB151396AMD)
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5. **09/30/12 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1513&version=20110SB151394CHP)
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6. **SB1513** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB1513)
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7. **08/22/12 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120SB1513&version=20110SB151395ENR)
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## Votes
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- Do pass as amended and be re-referred to the Committee on Appropriations. — **11–0** (pass) · lower
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- Do pass, to Consent Calendar. — **17–0** (pass) · lower
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- Placed on Appropriations Suspense file. — **7–0** (pass) · upper
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- 3rd Reading SB1513 Negrete McLeod — **39–0** (pass) · upper
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- Unfinished Business SB1513 Negrete McLeod Concurrence — **38–0** (pass) · upper
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- Do pass. — **7–0** (pass) · upper
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- Do pass as amended, and re-refer to the Committee on Appropriations. — **8–0** (pass) · upper
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- SB 1513 Negrete McLeod Consent Calendar Second Day — **78–0** (pass) · lower
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## Sponsors
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- Negrete McLeod — 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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- **2012-03-23** Set for hearing April 11.
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- **2012-03-29** 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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- **2012-04-12** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 0. Page 3143.) (April 11). `amendment-passage, committee-passage, committee-passage-favorable`
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- **2012-04-16** Read second time and amended. Re-referred to Com. on APPR. `reading-2, reading-1, amendment-passage, referral-committee`
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- **2012-04-20** Set for hearing April 30.
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- **2012-04-25** Hearing postponed by committee.
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- **2012-04-27** Set for hearing May 7.
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- **2012-05-07** Hearing postponed by committee.
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- **2012-05-08** Set for hearing May 14.
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- **2012-05-14** Placed on APPR. suspense file.
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- **2012-05-18** Set for hearing May 24.
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- **2012-05-24** From committee: Do pass. (Ayes 7. Noes 0. Page 3598.) (May 24). `committee-passage, committee-passage-favorable`
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- **2012-05-25** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2012-05-29** Read third time. Passed. (Ayes 39. Noes 0. Page 3649.) 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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- **2012-06-26** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (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. Ordered to consent calendar. (Ayes 17. Noes 0.) (August 8). `committee-passage, committee-passage-favorable`
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- **2012-08-13** Read second time. Ordered to consent calendar. `reading-2, reading-1`
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- **2012-08-16** Read third time. Passed. (Ayes 78. Noes 0. Page 5971.) Ordered to the Senate. `reading-3, reading-1, passage`
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- **2012-08-16** In Senate. Concurrence in Assembly amendments pending.
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- **2012-08-21** Assembly amendments concurred in. (Ayes 38. Noes 0. Page 4629.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
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- **2012-08-24** Enrolled and presented to the Governor at 4 p.m.
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- **2012-09-30** Approved by the Governor. `executive-signature`
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- **2012-09-30** Chaptered by Secretary of State. Chapter 839, 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/0dc1b3f7-0706-4dc5-b54e-85924795acfb`. Confidence: reported (aggregated from official California legislature records).
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