AB 2570 California Assembly · 2021-2022 Regular Session

Unemployment insurance: Unemployment Fund.

Summary

Existing law establishes the Unemployment Fund as a continuously appropriated fund separate and apart from all other public money or funds of the state. The fund is administered by the Director of Employment Development exclusively for the purposes of carrying out the unemployment and disability insurance programs. This bill would make a one-time transfer of $7,250,000,000 from the General Fund to the Unemployment Fund for the purpose of paying down outstanding debt in that fund. By transferring moneys from the General Fund into a continuously appropriated fund, this bill would make an appropriation. The bill would also make findings and declarations related to this appropriation.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2022

Committee Review

Floor Vote

Governor

Introduced Feb 18, 2022 Last action May 19, 2022

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 19, 2022

Lower · Passed

In committee: Held under submission.

lower

May 4, 2022

Committee

In committee: Set, first hearing. Referred to suspense file.

lower

Apr 20, 2022

Lower · Passed

From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (April 20). Re-referred to Com. on APPR.

lower

Mar 28, 2022

Committee

Re-referred to Com. on INS.

lower

Mar 24, 2022

Introduced

From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended.

lower

Mar 24, 2022

Committee

Referred to Com. on INS.

lower

Feb 19, 2022

Lower · Passed

From printer. May be heard in committee March 21.

lower

Feb 18, 2022

Introduced

Introduced. To print.

lower

1 primary · 0 co-sponsors