Fabio
101 lines
8.3 KiB
Markdown
101 lines
8.3 KiB
Markdown
---
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type: "Bill"
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title: "Marks-Roos Local Bond Pooling Act of 1985: electric utilities: rate reduction bonds."
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description: "Existing law, the Marks-Roos Local Bond Pooling Act of 1985, authorizes certain joint powers authorities, upon application by a local agency that owns and operates a publicly owned utility, defined to mean certain utilities furnishing water or wastewater service to not less than 25,000 retail customers, to issue rate reduction bonds to finance utility projects, as defined, subject to certain requirements. Under the act, these rate reduction bonds are secured by a pledge of utility project property, and the joint powers authority issuing the bonds may impose on, and collect from, customers of the publicly owned utility a utility project charge to finance the bonds, as provided."
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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 758"
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citation: "California AB 758 (20212022)"
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classification: ["bill"]
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subjects: ["Marks-Roos Local Bond Pooling Act of 1985: electric utilities: rate reduction bonds."]
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status: "enacted"
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primary_sponsors: ["Nazarian"]
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version_count: 9
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action_count: 29
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vote_count: 7
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first_action: "2021-02-16"
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last_action: "2021-09-23"
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source: "openstates"
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source_identifier: "ocd-bill/a54ff058-1e2f-4e97-8af4-da1ba9efae53"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB758"
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source_hash: "9c440aa6c132d35f50d52fa010dbeecaee3f428a656940dba88eda871a5b0c4e"
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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 758 (20212022) — Marks-Roos Local Bond Pooling Act of 1985: electric utilities: rate reduction bonds.
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Existing law, the Marks-Roos Local Bond Pooling Act of 1985, authorizes certain joint powers authorities, upon application by a local agency that owns and operates a publicly owned utility, defined to mean certain utilities furnishing water or wastewater service to not less than 25,000 retail customers, to issue rate reduction bonds to finance utility projects, as defined, subject to certain requirements. Under the act, these rate reduction bonds are secured by a pledge of utility project property, and the joint powers authority issuing the bonds may impose on, and collect from, customers of the publicly owned utility a utility project charge to finance the bonds, as provided.
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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. **02/16/21 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB758&version=20210AB75899INT)
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2. **03/11/21 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB758&version=20210AB75898AMD)
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3. **04/19/21 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB758&version=20210AB75897AMD)
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4. **05/03/21 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB758&version=20210AB75896AMD)
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5. **07/15/21 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB758&version=20210AB75895AMD)
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6. **08/17/21 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB758&version=20210AB75894AMD)
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7. **09/23/21 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB758&version=20210AB75892CHP)
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8. **AB758** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB758)
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9. **09/03/21 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB758&version=20210AB75893ENR)
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## Votes
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- AB 758 Nazarian Concurrence in Senate Amendments — **77–0** (pass) · lower
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- Do pass as amended and be re-referred to the Committee on [Appropriations] — **7–0** (pass) · lower
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- 3rd Reading AB758 Nazarian et al. By Hertzberg — **39–0** (pass) · upper
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- AB 758 Nazarian Consent Calendar Second Day — **75–0** (pass) · lower
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- Do pass. To Consent Calendar. — **15–0** (pass) · lower
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- Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] — **13–0** (pass) · upper
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- Do pass, but first be re-referred to the Committee on [Energy, Utilities and Communications] — **5–0** (pass) · upper
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## Sponsors
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- Nazarian — primary (person)
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- Hertzberg — coauthor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-02-16** Read first time. To print. `reading-1`
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- **2021-02-17** From printer. May be heard in committee March 19.
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- **2021-03-11** Referred to Com. on L. GOV. `referral-committee`
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- **2021-03-11** From committee chair, with author's amendments: Amend, and re-refer to Com. on L. GOV. Read second time and amended. `amendment-introduction, amendment-passage, reading-1, reading-2`
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- **2021-03-15** Re-referred to Com. on L. GOV. `referral-committee`
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- **2021-04-19** From committee chair, with author's amendments: Amend, and re-refer to Com. on L. GOV. Read second time and amended. `amendment-introduction, amendment-passage, reading-1, reading-2`
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- **2021-04-20** Re-referred to Com. on L. GOV. `referral-committee`
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- **2021-04-29** From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (April 28). `amendment-introduction, amendment-passage, committee-passage, referral-committee`
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- **2021-05-03** Read second time and amended. `amendment-passage, reading-1, reading-2`
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- **2021-05-04** Re-referred to Com. on APPR. `referral-committee`
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- **2021-05-19** From committee: Do pass. To Consent Calendar. (Ayes 15. Noes 0.) (May 19). `committee-passage, committee-passage-favorable`
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- **2021-05-20** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
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- **2021-05-27** Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 0. Page 1655.) `passage, reading-1, reading-3`
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- **2021-05-28** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
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- **2021-06-09** Referred to Coms. on GOV. & F. and E., U. & C. `referral-committee`
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- **2021-06-24** From committee: Do pass and re-refer to Com. on E., U. & C. (Ayes 5. Noes 0.) (June 24). Re-referred to Com. on E., U. & C. `committee-passage, committee-passage-favorable, referral-committee`
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- **2021-07-15** From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 13. Noes 0.) (July 12). `amendment-introduction, amendment-passage, committee-passage, referral-committee`
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- **2021-07-15** Read second time and amended. Re-referred to Com. on APPR. `amendment-passage, reading-1, reading-2, referral-committee`
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- **2021-08-16** From committee: Be ordered to second reading pursuant to Senate Rule 28.8. `committee-passage, reading-2`
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- **2021-08-17** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2021-08-17** Read third time and amended. Ordered to second reading. `amendment-passage, reading-1, reading-3`
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- **2021-08-18** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2021-08-30** Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 2225.). `passage, reading-1, reading-3`
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- **2021-08-31** In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 2 pursuant to Assembly Rule 77.
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- **2021-09-01** Assembly Rule 77 suspended. (Ayes 58. Noes 17. Page 2625.)
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- **2021-09-01** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 77. Noes 0. Page 2648.). `amendment-passage, committee-passage-favorable`
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- **2021-09-08** Enrolled and presented to the Governor at 4:30 p.m.
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- **2021-09-23** Approved by the Governor. `executive-signature`
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- **2021-09-23** Chaptered by Secretary of State - Chapter 233, Statutes of 2021. `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/a54ff058-1e2f-4e97-8af4-da1ba9efae53`. Confidence: reported (aggregated from official California legislature records).
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