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AB 893 California Assembly · 2011-2012 Regular Session

State government: California infrastructure and economic development bank.

Summary
(1) Existing law establishes the California Infrastructure and Economic Development Bank Fund in the State Treasury, and requires that moneys in that fund are only used for specified purposes. This bill would require the bank to provide technical support to small and rural communities in the state in obtaining financing for local infrastructure projects. (2) Existing law requires the California Infrastructure and Economic Development Bank to submit an annual report to the Governor, and the Joint Legislative Budget Committee, that contains specified requirements. This bill would require the bank to also submit the report to the appropriate fiscal and policy committees of the Legislature that oversee the bank, and would alter the requirements of the report.
Bill status passed 3 of 5 stages cleared
Introduction
Feb 2011
Committee Review
Aug 2011
Assembly Passage
Jun 2011
Senate Passage
Governor
Introduced Feb 17, 2011 Last action Aug 25, 2011
Floor votes · Assembly Jun 2, 2011

How they voted

45–23
Passed · 4 other
Total votes 72
Jun 2, 2011
D Democratic45
43 Yea 2
95% Yea
I Independent1
1 Nay
100% Nay
R Republican26
2 Yea 22 Nay 2
84% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
21
Key actions
7
Committee
11
Amendments
2
Aug 25, 2011
Upper · Passed
In committee: Held under submission.
upper
Jul 5, 2011
Upper · Passed
In committee: Set, first hearing. Hearing canceled at the request of author.
upper
Jun 28, 2011
Committee
From committee: Do pass and re-refer to Com. on APPR. (Ayes 13. Noes 0.) (June 28). Re-referred to Com. on APPR.
upper
Jun 22, 2011
Committee
From committee: Do pass and re-refer to Com. on G.O. (Ayes 7. Noes 0.) (June 22). Re-referred to Com. on G.O.
upper
Jun 16, 2011
Committee
Referred to Coms. on GOV. & F. and G.O.
upper
Jun 2, 2011
Assembly · Passed
Assembly Vote: pass (45-23-4)
assembly
May 31, 2011
Lower · Passed
From committee: Do pass as amended. (Ayes 12. Noes 0.) (May 27).
lower
May 27, 2011
Committee
In committee: Set, first hearing. Referred to APPR. suspense file.
lower
May 18, 2011
Lower · Passed
In committee: Hearing postponed by committee.
lower
May 11, 2011
Committee
Re-referred to Com. on APPR.
lower
May 9, 2011
Lower · Passed
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 4. Noes 1.) (May 3).
lower
Apr 26, 2011
Committee
Re-referred to Com. on J., E.D. & E.
lower
Mar 14, 2011
Committee
Referred to Com. on J., E.D. & E.
lower
Feb 18, 2011
Lower · Passed
From printer. May be heard in committee March 20.
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
VM
V. Manuel Pérez
DDemocratic
CA
56