California 2009-2010 Regular Session Status: Enacted

AB 1011 — Insurance: green investments.

Last action — Chaptered by Secretary of State - Chapter 418, Statutes of 2010.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Assembly
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced February 27, 2009. Enacted.

Prognosis

Likely to advance 70% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 9 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Existing law requires each admitted insurer to provide information biennially to the Insurance Commissioner on all of its community development investments and community development infrastructure investments, as defined, in California. The commissioner and the Department of Insurance are required to provide certain information on these investments to the public, as specified. These provisions are to remain in effect only until January 1, 2011, and are repealed as of that date. This bill would make findings and declarations relating to California's role in greenhouse gas reduction, and would include green investments, as defined, as community development investments. The bill would require the commissioner, on the department's Internet Web site, to biennially identify those insurers that make investments that qualify as green investments and the aggregate amount of identified insurer investments in green investments. The bill would extend the date for repealing those provisions to January 1, 2015. The bill would make changes to findings and declarations relating to specialized financial institutions and tax incentives for their capitalization. The bill would incorporate additional changes to Section 926.2 of the Insurance Code, proposed by AB 41 of the 2009–10 Regular Session, to be operative only if both bills are chaptered and become effective on or before January 1, 2011, and this bill is chaptered last.

Bill Text

Action History

  1. Chaptered by Secretary of State - Chapter 418, Statutes of 2010.

  2. Approved by the Governor.

  3. Enrolled and to the Governor at 4:45 p.m.

  4. Senate amendments concurred in. To enrollment. (Ayes 50. Noes 25. Page 6943.)

  5. From committee: With recommendation: That Senate amendments be concurred in. (Ayes 7. Noes 3.) (August 31).

  6. Joint Rule 62(a), file notice suspended. (Page 6898.)

  7. Re-referred to Com. on INS. pursuant to Assembly Rule 77.2.

  8. In Assembly. Concurrence in Senate amendments pending.

  9. Read third time, passed, and to Assembly. (Ayes 23. Noes 14. Page 5029.)

  10. Ordered to third reading.

  11. Withdrawn from committee.

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

  13. (Page 4834.)

  14. Senate Rule 29.3(b) suspended.

  15. Withdrawn from committee. Re-referred to Com. on RLS.

  16. In committee: Held under submission.

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

  18. Read second time and amended. Re-referred to Com. on APPR.

  19. From committee: Amend, do pass as amended, and re-refer to Com. on APPR. (Ayes 8. Noes 2.) (June 30).

  20. In committee: Hearing postponed by committee.

  21. Re-referred to Com. on B., F. & I.

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

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

  24. Referred to Com. on RLS.

  25. In Senate. Read first time. To Com. on RLS. for assignment.

  26. Read third time, passed, and to Senate. (Ayes 77. Noes 1. Page 1964.)

  27. Read second time. To third reading.

  28. Read second time and amended. Ordered returned to second reading.

  29. From committee: Amend, and do pass as amended. (Ayes 13. Noes 3.) (May 28).

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

  31. From committee: Do pass, and re-refer to Com. on APPR. with recommendation: To Consent Calendar. Re-referred. (Ayes 18. Noes 0.) (April 28).

  32. In committee: Set, first hearing. Hearing canceled at the request of author.

  33. From committee: Be re-referred to Com. on HEALTH. Re-referred. (Ayes 10. Noes 0.) (April 20).

  34. Re-referred to Com. on RULES by unanimous consent.

  35. Re-referred to Com. on INS.

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

  37. Referred to Com. on INS.

  38. Read first time.

  39. From printer. May be heard in committee March 30.

  40. Introduced. To print.

Sponsors

  • Jones · Primary

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 121 not signed on · 4 voted No

Sponsors (1)

  • Jones

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Passed 7 Yea · 3 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 6201
Democratic 1001
Republican 0100
Total 7302
% of votes cast 58%25%0%17%
How each member voted (12)
Member Party Vote
Carter — Yea
Hagman — Nay
Salas — Yea
Charles — Not Voting
Hayashi — Yea
Torres — Yea
Anderson — Nay
Solorio — Yea
Feuer — Yea
Caballero, Anna M. Democratic Yea
Calderon, Lisa Democratic Not Voting
Niello, Roger W. Republican Nay

Official roll call →

Passed 59 Yea · 27 Nay · 4 Other
Party YeaNayPresentNot Voting
Unaffiliated 552603
Democratic 3000
Republican 1101
Total 592704
% of votes cast 66%30%0%4%
How each member voted (90)
Member Party Vote
Hall — Yea
A. — Yea
Carter — Yea
Chesbro — Yea
Feuer — Yea
Fuentes — Yea
Galgiani — Yea
Gatto — Yea
Charles — Yea
Hayashi — Yea
Hernandez — Yea
Huber — Yea
Huffman — Yea
De — Yea
La — Yea
Torre — Yea
De — Yea
Leon — Yea
Fong — Yea
Bonnie — Yea
Lowenthal — Yea
V. — Yea
Manuel — Yea
Perez — Yea
Portantino — Yea
Salas — Yea
Saldana — Yea
John — Yea
Bass — Yea
Block — Yea
Coto — Yea
Davis — Yea
Ma — Yea
Monning — Yea
Nava — Yea
Ruskin — Yea
Skinner — Yea
Solorio — Yea
Swanson — Yea
Torlakson — Yea
Perez — Yea
Bill — Nay
Tom — Nay
Fletcher — Nay
Audra — Not Voting
Conway — Nay
Cook — Nay
Gilmore — Nay
Hagman — Nay
Harkey — Nay
Anderson — Nay
Jeffries — Nay
Knight — Nay
Logue — Nay
Miller — Nay
Nestande — Not Voting
Norby — Nay
Silva — Nay
Torres — Not Voting
Tran — Nay
Adams — Nay
Ammiano — Yea
Beall — Yea
Blumenfield — Yea
Bradford — Yea
Brownley — Yea
Buchanan — Yea
Hill — Yea
Lieu — Yea
Mendoza — Yea
Nielsen — Nay
Smyth — Nay
Torrico — Yea
Villines — Nay
Eng — Yea
Evans — Yea
DeVore — Nay
Yamada — Yea
Fuller — Nay
Furutani — Yea
Garrick — Nay
Beth Gaines — Nay
Bill Berryhill — Nay
Bill Berryhill — Nay
Arambula, Joaquin Democratic Yea
Caballero, Anna M. Democratic Yea
Calderon, Lisa Democratic Yea
Jones, Brian W. Republican Yea
Niello, Roger W. Republican Nay
Strickland, Tony Republican Not Voting

Official roll call →

Passed 24 Yea · 14 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 221302
Democratic 2000
Republican 0100
Total 241402
% of votes cast 60%35%0%5%
How each member voted (40)
Member Party Vote
Yee — Yea
Hancock — Yea
Cedillo — Yea
Leno — Yea
McLeod — Yea
Lowenthal — Yea
Negrete — Yea
Corbett — Yea
Ducheny — Yea
Pavley — Yea
Price — Yea
Simitian — Yea
Runner — Nay
Cogdill — Nay
Huff — Nay
Ashburn — Nay
Blakeslee — Nay
Dutton — Nay
Steinberg — Yea
Walters — Nay
Wolk — Yea
Wright — Yea
Aanestad — Nay
Alquist — Yea
Harman — Nay
Hollingsworth — Nay
Kehoe — Yea
Liu — Yea
Oropeza — Not Voting
Romero — Yea
Wiggins — Not Voting
Wyland — Nay
Emmerson — Nay
Correa — Yea
DeSaulnier — Yea
Denham — Nay
Florez — Yea
Calderon, Lisa Democratic Yea
Padilla, Stephen C. Democratic Yea
Strickland, Tony Republican Nay

Official roll call →

Passed 10 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 10001
Total 10001
% of votes cast 91%0%0%9%
How each member voted (11)
Member Party Vote
Yee — Yea
Wyland — Yea
Ashburn — Yea
Leno — Yea
Wolk — Yea
Alquist — Yea
Kehoe — Yea
Price — Yea
Walters — Not Voting
Corbett — Yea
Emmerson — Yea

Official roll call →

Passed 88 Yea · 1 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 82103
Democratic 3000
Republican 3000
Total 88103
% of votes cast 96%1%0%3%
How each member voted (92)
Member Party Vote
Hall — Yea
Anderson — Yea
Beall — Yea
Carter — Yea
Chesbro — Yea
Conway — Yea
Cook — Yea
Coto — Yea
Duvall — Yea
Eng — Yea
Feuer — Yea
Fuentes — Yea
Furutani — Yea
Galgiani — Yea
Gilmore — Yea
Hagman — Yea
Harkey — Yea
Hayashi — Yea
Hill — Yea
Huber — Yea
Jeffries — Yea
Knight — Yea
Lieu — Yea
Logue — Yea
Mendoza — Yea
Miller — Yea
Nava — Yea
Nestande — Yea
Ruskin — Yea
Silva — Yea
Smyth — Yea
Solorio — Yea
Tom — Yea
Charles — Yea
De — Yea
La — Yea
Torre — Yea
De — Yea
Leon — Yea
Fletcher — Yea
Fong — Yea
Bonnie — Yea
Lowenthal — Yea
V. — Yea
Manuel — Yea
Perez — Yea
John — Yea
A. — Yea
Perez — Yea
Portantino — Yea
Salas — Yea
Saldana — Yea
Audra — Yea
Bill — Not Voting
Bass — Yea
Nielsen — Nay
Torlakson — Yea
Torres — Yea
Torrico — Yea
Tran — Yea
Villines — Yea
Adams — Yea
Ammiano — Yea
Blakeslee — Yea
Block — Not Voting
Blumenfield — Yea
Brownley — Yea
Buchanan — Yea
Hernandez — Yea
Huffman — Yea
Krekorian — Yea
Ma — Yea
Monning — Yea
Price — Yea
Skinner — Yea
Swanson — Yea
Emmerson — Yea
Evans — Yea
Davis — Yea
DeVore — Yea
Yamada — Yea
Fuller — Yea
Garrick — Yea
Beth Gaines — Yea
Bill Berryhill — Yea
Bill Berryhill — Not Voting
Arambula, Joaquin Democratic Yea
Caballero, Anna M. Democratic Yea
Calderon, Lisa Democratic Yea
Jones, Brian W. Republican Yea
Niello, Roger W. Republican Yea
Strickland, Tony Republican Yea

Official roll call →

Do pass as amended.

Passed 17 Yea · 3 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 16301
Republican 0001
Democratic 1000
Total 17302
% of votes cast 77%14%0%9%
How each member voted (22)
Member Party Vote
Duvall — Nay
Price — Yea
Skinner — Yea
Solorio — Yea
Torlakson — Yea
John — Yea
A. — Yea
Perez — Yea
Audra — Not Voting
Charles — Yea
Hall — Yea
De — Yea
Leon — Yea
Krekorian — Yea
Miller — Yea
Ammiano — Yea
Harkey — Nay
Nielsen — Nay
Davis — Yea
Fuentes — Yea
Calderon, Lisa Democratic Yea
Strickland, Tony Republican Not Voting

Official roll call →

Passed 25 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 22001
Republican 2000
Democratic 1000
Total 25001
% of votes cast 96%0%0%4%
How each member voted (26)
Member Party Vote
Hall — Yea
Carter — Yea
Conway — Yea
Hayashi — Yea
De — Yea
La — Yea
Torre — Yea
De — Yea
Leon — Yea
Fletcher — Yea
Block — Yea
Bonnie — Yea
V. — Yea
Manuel — Yea
Perez — Yea
Salas — Yea
Audra — Yea
Gaines — Not Voting
Hernandez — Yea
Nava — Yea
Adams — Yea
Ammiano — Yea
Emmerson — Yea
Lowenthal, Josh Democratic Yea
Jones, Brian W. Republican Yea
Strickland, Tony Republican Yea

Official roll call →

Passed 10 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 10001
Total 10001
% of votes cast 91%0%0%9%
How each member voted (11)
Member Party Vote
Hall — Not Voting
Mendoza — Yea
Gaines — Yea
Ammiano — Yea
Silva — Yea
Swanson — Yea
Torlakson — Yea
Adams — Yea
Blakeslee — Yea
Lieu — Yea
Yamada — Yea

Official roll call →

Subjects

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Frequently asked questions

What does AB 1011 do?
Existing law requires each admitted insurer to provide information biennially to the Insurance Commissioner on all of its community development investments and community development infrastructure investments, as defined, in California. The commissioner and the Department of Insurance are required to provide certain information on these investments to the public, as specified. These provisions are to remain in effect only until January 1, 2011, and are repealed as of that date. This bill would make findings and declarations relating to California's role in greenhouse gas reduction, and would include green investments, as defined, as community development investments. The bill would require the commissioner, on the department's Internet Web site, to biennially identify those insurers that make investments that qualify as green investments and the aggregate amount of identified insurer investments in green investments. The bill would extend the date for repealing those provisions to January 1, 2015. The bill would make changes to findings and declarations relating to specialized financial institutions and tax incentives for their capitalization. The bill would incorporate additional changes to Section 926.2 of the Insurance Code, proposed by AB 41 of the 2009–10 Regular Session, to be operative only if both bills are chaptered and become effective on or before January 1, 2011, and this bill is chaptered last.
Who sponsors AB 1011?
AB 1011 is sponsored by Jones.
What is the current status of AB 1011?
This bill has been enacted into law. Introduced February 27, 2009. Enacted.
Where can I track AB 1011?
Track AB 1011 free on One Click Politics — get push/email alerts when it moves.

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