Fabio
82 lines
4.9 KiB
Markdown
82 lines
4.9 KiB
Markdown
---
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type: "Bill"
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title: "Energy."
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description: "(1) The Bergeson-Peace Infrastructure and Economic Development Bank Act establishes the California Infrastructure and Economic Development Bank (I-Bank) in the Governor's Office of Business and Economic Development. The act, among other things, authorizes the I-Bank to make loans, issue bonds, and provide financial assistance for various types of projects that qualify as economic development or public development facilities."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20232024"
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identifier: "SB 124"
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citation: "California SB 124 (20232024)"
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classification: ["bill", "appropriation"]
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subjects: ["Energy"]
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status: "enacted"
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primary_sponsors: ["Committee on Budget and Fiscal Review"]
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version_count: 5
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action_count: 19
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vote_count: 3
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first_action: "2023-01-18"
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last_action: "2023-07-10"
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source: "openstates"
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source_identifier: "ocd-bill/628096c4-12a1-4bcf-a478-58d1aa76466a"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240SB124"
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source_hash: "34cdafcc4c7eaec7baeb04eef154c11eaedbfab4278b578b9bfbf62a4b0260af"
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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 124 (20232024) — Energy.
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(1) The Bergeson-Peace Infrastructure and Economic Development Bank Act establishes the California Infrastructure and Economic Development Bank (I-Bank) in the Governor's Office of Business and Economic Development. The act, among other things, authorizes the I-Bank to make loans, issue bonds, and provide financial assistance for various types of projects that qualify as economic development or public development facilities.
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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. **01/18/23 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB124&version=20230SB12499INT)
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2. **06/26/23 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB124&version=20230SB12498AMD)
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3. **07/10/23 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB124&version=20230SB12495CHP)
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4. **SB124** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240SB124)
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5. **07/05/23 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB124&version=20230SB12496ENR)
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## Votes
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- 3rd Reading SB124 B. & F.R. — **29–8** (pass) · upper
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- SB 124 B. & F. R. Senate Third Reading By TING — **57–14** (pass) · lower
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- Unfinished Business SB124 B. & F.R. (Skinner) Concurrence — **29–2** (pass) · upper
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## Sponsors
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- Committee on Budget and Fiscal Review — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2023-01-18** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
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- **2023-01-19** From printer. May be acted upon on or after February 18.
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- **2023-01-25** Referred to Com. on B. & F.R. `referral-committee`
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- **2023-03-16** Withdrawn from committee. (Ayes 28. Noes 8. Page 357.)
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- **2023-03-16** Ordered to second reading.
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- **2023-03-20** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2023-03-27** Read third time. Passed. (Ayes 29. Noes 8. Page 493.) Ordered to the Assembly. `passage, reading-1, reading-3`
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- **2023-03-27** In Assembly. Read first time. Held at Desk. `reading-1`
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- **2023-03-30** Referred to Com. on BUDGET. `referral-committee`
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- **2023-06-26** From committee with author's amendments. Read second time and amended. Re-referred to Com. on BUDGET. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee`
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- **2023-06-29** Assembly Rule 96 and 63 suspended. (Ayes 58. Noes 16. Page 2471.)
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- **2023-06-29** Withdrawn from committee.
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- **2023-06-29** Ordered to third reading.
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- **2023-06-29** Read third time. Passed. (Ayes 57. Noes 14. Page 2479.) Ordered to the Senate. `passage, reading-1, reading-3`
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- **2023-07-03** In Senate. Concurrence in Assembly amendments pending.
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- **2023-07-05** Assembly amendments concurred in. (Ayes 29. Noes 2. Page 1894.) Ordered to engrossing and enrolling. `amendment-passage, committee-passage-favorable`
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- **2023-07-05** Enrolled and presented to the Governor at 4 p.m.
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- **2023-07-10** Approved by the Governor. `executive-signature`
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- **2023-07-10** Chaptered by Secretary of State. Chapter 53, Statutes of 2023. `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/628096c4-12a1-4bcf-a478-58d1aa76466a`. Confidence: reported (aggregated from official California legislature records).
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