republic-os/legislation/us/states/ca/20132014/ab-2128.md

---
type: "Bill"
title: "Insurer investments: community development."
description: "Existing law requires each admitted insurer to provide information by January 1, 2014, to the Insurance Commissioner on all of its community development investments and community development infrastructure investments in California. Community development investments are investments where all or a portion of the investment has as its primary purpose community development for, or that directly benefits, California low- or moderate-income individuals, families, or communities, and includes, but is not limited to, investments in California in or through the California Organized Investment Network (COIN) -certified community development financial institutions (CDFIs) and investments made pursuant to the requirements of federal, state, or local community development investment programs or community development investment tax incentive programs, including green investments, if these investments directly benefit low- or moderate-income individuals, families, and communities and are consistent with applicable provisions. The commissioner and the Department of Insurance are required to provide certain information on community development investments and community development infrastructure investments to the public on the department's Internet Web site, as specified, by May 31, 2014, and biennially with regard to green investments. These provisions are to remain in effect only until January 1, 2015, and are repealed as of that date."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20132014"
identifier: "AB 2128"
citation: "California AB 2128 (20132014)"
classification: ["bill"]
subjects: ["Insurer investments: community development."]
status: "enacted"
primary_sponsors: ["Gordon"]
version_count: 7
action_count: 23
vote_count: 7
first_action: "2014-02-20"
last_action: "2014-09-17"
source: "openstates"
source_identifier: "ocd-bill/2d327c8b-d065-404a-b725-4358e2dc7cb9"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB2128"
source_hash: "a5f8ffaafb4813a6febf5db6db8ae6ec488e7352d39174d25027685b7426829b"
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 2128 (20132014) — Insurer investments: community development.

Existing law requires each admitted insurer to provide information by January 1, 2014, to the Insurance Commissioner on all of its community development investments and community development infrastructure investments in California. Community development investments are investments where all or a portion of the investment has as its primary purpose community development for, or that directly benefits, California low- or moderate-income individuals, families, or communities, and includes, but is not limited to, investments in California in or through the California Organized Investment Network (COIN) -certified community development financial institutions (CDFIs) and investments made pursuant to the requirements of federal, state, or local community development investment programs or community development investment tax incentive programs, including green investments, if these investments directly benefit low- or moderate-income individuals, families, and communities and are consistent with applicable provisions. The commissioner and the Department of Insurance are required to provide certain information on community development investments and community development infrastructure investments to the public on the department's Internet Web site, as specified, by May 31, 2014, and biennially with regard to green investments. These provisions are to remain in effect only until January 1, 2015, and are repealed as of that date.

## Version chain

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

1. **02/20/14 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB2128&version=20130AB212899INT)
2. **03/19/14 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB2128&version=20130AB212898AMD)
3. **07/01/14 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB2128&version=20130AB212897AMD)
4. **08/04/14 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB2128&version=20130AB212896AMD)
5. **09/17/14 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB2128&version=20130AB212894CHP)
6. **AB2128** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB2128)
7. **08/20/14 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB2128&version=20130AB212895ENR)

## Votes

- AB 2128 GORDON Concurrence in Senate Amendments — **54–24** (pass) · lower
- 3rd Reading AB2128 Gordon By Correa — **25–11** (pass) · upper
- Do pass. — **12–5** (pass) · lower
- AB 2128 GORDON Assembly Third Reading — **55–22** (pass) · lower
- Do pass and be re-referred to the Committee on Appropriations. — **9–3** (pass) · lower
- Do pass. — **5–2** (pass) · upper
- Do pass as amended, and re-refer to the Committee on Appropriations. — **8–2** (pass) · upper

## Sponsors

- Gordon — primary (person)

## Timeline

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

- **2014-02-20** Read first time. To print. `reading-1`
- **2014-02-21** From printer. May be heard in committee March 23.
- **2014-03-06** Referred to Com. on INS. `referral-committee`
- **2014-03-19** From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended. `amendment-introduction, amendment-passage, reading-2, reading-1`
- **2014-03-20** Re-referred to Com. on INS. `referral-committee`
- **2014-04-02** From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 3.) (April 2). Re-referred to Com. on APPR. `committee-passage-favorable, referral-committee, committee-passage`
- **2014-04-09** From committee: Do pass. (Ayes 12. Noes 5.) (April 9). `committee-passage-favorable, committee-passage`
- **2014-04-10** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2014-04-21** Read third time. Passed. Ordered to the Senate. (Ayes 55. Noes 22. Page 4474.) `reading-3, reading-1, passage`
- **2014-04-21** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2014-05-08** Referred to Com. on INS. `referral-committee`
- **2014-06-30** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 2.) (June 25). `committee-passage-favorable, committee-passage, amendment-passage`
- **2014-07-01** Read second time and amended. Re-referred to Com. on APPR. `amendment-passage, reading-2, reading-1, referral-committee`
- **2014-08-04** In committee: Hearing postponed by committee.
- **2014-08-04** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR. `amendment-introduction, amendment-passage, reading-2, reading-1, referral-committee`
- **2014-08-11** From committee: Do pass. (Ayes 5. Noes 2.) (August 11). `committee-passage-favorable, committee-passage`
- **2014-08-12** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2014-08-13** Read third time. Passed. Ordered to the Assembly. (Ayes 25. Noes 11. Page 4462.). `reading-3, reading-1, passage`
- **2014-08-13** In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 15 pursuant to Assembly Rule 77.
- **2014-08-18** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 54. Noes 24. Page 6101.). `committee-passage-favorable, amendment-passage`
- **2014-08-27** Enrolled and presented to the Governor at 3 p.m.
- **2014-09-17** Approved by the Governor. `executive-signature`
- **2014-09-17** Chaptered by Secretary of State - Chapter 384, Statutes of 2014.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2d327c8b-d065-404a-b725-4358e2dc7cb9`. Confidence: reported (aggregated from official California legislature records).