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SB 116 California Senate · 2009-2010 Regular Session

State warrants.

Summary
(1) Existing law specifies the types of securities that are eligible for the investment of surplus state funds. This bill would include warrants as a type of security that is eligible for the investment of surplus state funds. (2) Existing law sets forth the procedures for the sale and payment of registered warrants, reimbursement warrants, and registered reimbursement warrants, including the manner in which interest is fixed for the warrants. This bill would modify the procedures for the sale of, applicable interest rates for, and payment of interest for, registered warrants, reimbursement warrants, and registered reimbursement warrants in specified circumstances. (3) This bill would declare that it is to take effect immediately as an urgency statute.
Bill status signed all 5 stages cleared
Introduction
Jan 2009
Committee Review
Jun 2009
Senate Passage
May 2009
Assembly Passage
Jul 2009
Signed into Law
Jul 2009
Introduced Jan 29, 2009 Signed Jul 28, 2009
Floor votes · Senate May 18, 2009 · Assembly Jul 24, 2009

How they voted

36–0
Passed · 3 other
Total votes 39
May 18, 2009
D Democratic24
21 Yea 3
87% Yea
R Republican15
15 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
36
Key actions
3
Committee
7
Amendments
1
Jul 28, 2009
Signed into law
Approved by Governor.
Jul 24, 2009
Assembly · Passed
Assembly Vote: pass (51-16-6)
Jun 11, 2009
Assembly · Reported by committee
(Heard in committee on June 11.)
Jun 11, 2009
Assembly · Reported by committee
From committee: Do pass. To Consent Calendar. (Ayes 14. Noes 0.)
Jun 8, 2009
Assembly · Reported by committee
(Heard in committee on June 8.)
Jun 8, 2009
Assembly · Referred to committee
From committee: Do pass, but first be re-referred to Com. on APPR. (Ayes 10. Noes 0.) Re-referred to Com. on APPR.
May 18, 2009
Senate · Passed
Senate Vote: pass (36-0-3)
May 12, 2009
Senate · Reported by committee
From committee: Do pass. (Ayes 13. Noes 0. Page 847.)
May 4, 2009
Senate · Reported by committee
Hearing postponed by committee.
Apr 21, 2009
Senate · Referred to committee
Read second time. Amended. Re-referred to Com. on APPR.
Apr 20, 2009
Senate · Amendment adopted
From committee: Do pass as amended, but first amend, and re-refer to Com. on APPR. (Ayes 10. Noes 0. Page 555.)
Jan 29, 2009
Senate · Introduced
Introduced. Read first time. To Com. on RLS. for assignment. To print.
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.