AB 1011 — Insurance: green investments.
Last action — Chaptered by Secretary of State - Chapter 418, Statutes of 2010.
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✓Introduced
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✓In Committee
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✓Passed Assembly
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 27, 2009. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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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 These provisions are to remain in effect only until January 1, 2011, and are repealed as of that date.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
- Chaptered 09/28/10 - Chaptered Current pdf September 28, 2010
- Enrolled 09/13/10 - Enrolled pdf September 13, 2010
- Amended 08/24/10 - Amended Senate pdf August 24, 2010
- Amended 07/15/10 - Amended Senate pdf July 15, 2010
- Amended 09/03/09 - Amended Senate pdf September 03, 2009
- Amended 06/29/09 - Amended Senate pdf June 29, 2009
- Amended 06/01/09 - Amended Assembly pdf June 01, 2009
- Amended 04/15/09 - Amended Assembly pdf April 15, 2009
- Introduced 02/27/09 - Introduced pdf February 27, 2009
- AB1011 View text html
Action History
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Chaptered by Secretary of State - Chapter 418, Statutes of 2010.
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Approved by the Governor.
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Enrolled and to the Governor at 4:45 p.m.
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Senate amendments concurred in. To enrollment. (Ayes 50. Noes 25. Page 6943.)
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From committee: With recommendation: That Senate amendments be concurred in. (Ayes 7. Noes 3.) (August 31).
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Joint Rule 62(a), file notice suspended. (Page 6898.)
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Re-referred to Com. on INS. pursuant to Assembly Rule 77.2.
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In Assembly. Concurrence in Senate amendments pending.
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Read third time, passed, and to Assembly. (Ayes 23. Noes 14. Page 5029.)
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Ordered to third reading.
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Withdrawn from committee.
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From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on RLS.
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(Page 4834.)
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Senate Rule 29.3(b) suspended.
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Withdrawn from committee. Re-referred to Com. on RLS.
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In committee: Held under submission.
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In committee: Set, first hearing. Referred to APPR suspense file.
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Read second time and amended. Re-referred to Com. on APPR.
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From committee: Amend, do pass as amended, and re-refer to Com. on APPR. (Ayes 8. Noes 2.) (June 30).
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In committee: Hearing postponed by committee.
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Re-referred to Com. on B., F. & I.
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From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on RLS.
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From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on RLS.
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Referred to Com. on RLS.
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In Senate. Read first time. To Com. on RLS. for assignment.
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Read third time, passed, and to Senate. (Ayes 77. Noes 1. Page 1964.)
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Read second time. To third reading.
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Read second time and amended. Ordered returned to second reading.
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From committee: Amend, and do pass as amended. (Ayes 13. Noes 3.) (May 28).
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In committee: Set, first hearing. Referred to APPR. suspense file.
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From committee: Do pass, and re-refer to Com. on APPR. with recommendation: To Consent Calendar. Re-referred. (Ayes 18. Noes 0.) (April 28).
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In committee: Set, first hearing. Hearing canceled at the request of author.
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From committee: Be re-referred to Com. on HEALTH. Re-referred. (Ayes 10. Noes 0.) (April 20).
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Re-referred to Com. on RULES by unanimous consent.
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Re-referred to Com. on INS.
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From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended.
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Referred to Com. on INS.
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Read first time.
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From printer. May be heard in committee March 30.
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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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 6 | 2 | 0 | 1 |
| Democratic | 1 | 0 | 0 | 1 |
| Republican | 0 | 1 | 0 | 0 |
| Total | 7 | 3 | 0 | 2 |
| % 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 |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 55 | 26 | 0 | 3 |
| Democratic | 3 | 0 | 0 | 0 |
| Republican | 1 | 1 | 0 | 1 |
| Total | 59 | 27 | 0 | 4 |
| % 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 |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 22 | 13 | 0 | 2 |
| Democratic | 2 | 0 | 0 | 0 |
| Republican | 0 | 1 | 0 | 0 |
| Total | 24 | 14 | 0 | 2 |
| % 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 |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 10 | 0 | 0 | 1 |
| Total | 10 | 0 | 0 | 1 |
| % 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 |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 2 | 0 | 0 | 0 |
| Unaffiliated | 6 | 2 | 0 | 1 |
| Total | 8 | 2 | 0 | 1 |
| % of votes cast | 73% | 18% | 0% | 9% |
How each member voted (11)
| Member | Party | Vote |
|---|---|---|
| Lowenthal | — | Yea |
| Kehoe | — | Yea |
| Runner | — | Nay |
| Cogdill | — | Nay |
| Cox | — | Not Voting |
| Price | — | Yea |
| Liu | — | Yea |
| Correa | — | Yea |
| Florez | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Padilla, Stephen C. | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 82 | 1 | 0 | 3 |
| Democratic | 3 | 0 | 0 | 0 |
| Republican | 3 | 0 | 0 | 0 |
| Total | 88 | 1 | 0 | 3 |
| % 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 |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 16 | 3 | 0 | 1 |
| Republican | 0 | 0 | 0 | 1 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 17 | 3 | 0 | 2 |
| % 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 |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 22 | 0 | 0 | 1 |
| Republican | 2 | 0 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 25 | 0 | 0 | 1 |
| % 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 |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 10 | 0 | 0 | 1 |
| Total | 10 | 0 | 0 | 1 |
| % 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 |
Subjects
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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