Fabio
92 lines
6.2 KiB
Markdown
92 lines
6.2 KiB
Markdown
---
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type: "Bill"
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title: "California State University: investments."
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description: "(1) Existing law authorizes the chief fiscal officer of a campus of the California State University, upon approval of the Trustees of the California State University, to invest certain money received by the California State University in mutual funds subject to registration by, and under the regulatory authority of, the United States Securities and Exchange Commission, or in United States registered real estate investment trusts."
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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 2422"
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citation: "California AB 2422 (20212022)"
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classification: ["bill", "appropriation"]
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subjects: ["California State University: investments."]
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status: "enacted"
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primary_sponsors: ["McCarty"]
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version_count: 6
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action_count: 24
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vote_count: 7
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first_action: "2022-02-17"
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last_action: "2022-09-25"
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source: "openstates"
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source_identifier: "ocd-bill/96b94bd7-9241-425d-9af3-24cb28760be4"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB2422"
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source_hash: "8801fe6a81561de3f50ab51b76487ded10ea0306f482cd6800e66e21b47af866"
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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 2422 (20212022) — California State University: investments.
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(1) Existing law authorizes the chief fiscal officer of a campus of the California State University, upon approval of the Trustees of the California State University, to invest certain money received by the California State University in mutual funds subject to registration by, and under the regulatory authority of, the United States Securities and Exchange Commission, or in United States registered real estate investment trusts.
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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. **02/17/22 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2422&version=20210AB242299INT)
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2. **03/17/22 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2422&version=20210AB242298AMD)
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3. **04/06/22 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2422&version=20210AB242297AMD)
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4. **09/25/22 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2422&version=20210AB242295CHP)
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5. **AB2422** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB2422)
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6. **08/25/22 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2422&version=20210AB242296ENR)
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## Votes
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- AB 2422 McCarty Assembly Third Reading — **74–0** (pass) · lower
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- Placed on suspense file — **7–0** (pass) · upper
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- Do pass, but first be re-referred to the Committee on [Appropriations] — **6–0** (pass) · upper
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- Special Consent AB2422 — **40–0** (pass) · upper
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- Do pass. — **16–0** (pass) · lower
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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 — **7–0** (pass) · upper
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## Sponsors
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- McCarty — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2022-02-17** Read first time. To print. `reading-1`
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- **2022-02-18** From printer. May be heard in committee March 20.
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- **2022-03-17** Referred to Com. on HIGHER ED. `referral-committee`
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- **2022-03-17** From committee chair, with author's amendments: Amend, and re-refer to Com. on HIGHER ED. Read second time and amended. `amendment-introduction, amendment-passage, reading-1, reading-2`
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- **2022-03-21** Re-referred to Com. on HIGHER ED. `referral-committee`
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- **2022-04-06** From committee chair, with author's amendments: Amend, and re-refer to Com. on HIGHER ED. Read second time and amended. `amendment-introduction, amendment-passage, reading-1, reading-2`
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- **2022-04-07** Re-referred to Com. on HIGHER ED. `referral-committee`
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- **2022-04-27** From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (April 26). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
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- **2022-05-11** In committee: Set, first hearing. Referred to suspense file. `referral-committee`
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- **2022-05-19** From committee: Do pass. (Ayes 16. Noes 0.) (May 19). `committee-passage, committee-passage-favorable`
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- **2022-05-19** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2022-05-23** Read third time. Passed. Ordered to the Senate. (Ayes 74. Noes 0. Page 4849.) `passage, reading-1, reading-3`
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- **2022-05-24** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
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- **2022-06-01** Referred to Com. on ED. `referral-committee`
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- **2022-06-30** From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (June 30). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
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- **2022-08-02** In committee: Referred to suspense file. `referral-committee`
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- **2022-08-11** From committee: Do pass. (Ayes 7. Noes 0.) (August 11). `committee-passage, committee-passage-favorable`
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- **2022-08-11** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2022-08-22** Ordered to special consent calendar.
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- **2022-08-23** Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 4981.). `passage, reading-1, reading-3`
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- **2022-08-23** In Assembly. Ordered to Engrossing and Enrolling. `committee-passage`
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- **2022-08-30** Enrolled and presented to the Governor at 4 p.m.
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- **2022-09-25** Approved by the Governor. `executive-signature`
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- **2022-09-25** Chaptered by Secretary of State - Chapter 530, Statutes of 2022. `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/96b94bd7-9241-425d-9af3-24cb28760be4`. Confidence: reported (aggregated from official California legislature records).
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