California 2009-2010 Regular Session Status: To Executive

SB 116 — State warrants.

Last action — Chaptered by Secretary of State. Chapter 23, Statutes of 2009.

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

This bill died with 2009-2010 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

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 Text

Action History

  1. Chaptered by Secretary of State. Chapter 23, Statutes of 2009.

  2. Approved by Governor.

  3. Enrolled. To Governor at 12:30 p.m.

  4. In Senate. To enrollment.

  5. Read third time. Urgency clause adopted. Passed. (Ayes 57. Noes 16. Page 2571.) To Senate.

  6. (Page 2570.)

  7. Reconsideration granted.

  8. Motion to reconsider continued to next legislative day.

  9. Motion to reconsider made by Assembly Member Nava.

  10. Read third time. Urgency clause refused adoption. (Ayes 44. Noes 18. Page 2176.)

  11. Ordered to third reading pursuant to Joint Rule 22.2.

  12. Read second time.

  13. (Heard in committee on June 11.)

  14. From committee: Do pass. To Consent Calendar. (Ayes 14. Noes 0.)

  15. Joint Rule 62(a) file notice (Com. on APPR.) suspended. (Page 2115.)

  16. (Heard in committee on June 8.)

  17. From committee: Do pass, but first be re-referred to Com. on APPR. (Ayes 10. Noes 0.) Re-referred to Com. on APPR.

  18. To Com. on B. & F.

  19. In Assembly. Read first time. Held at Desk.

  20. Read third time. Urgency clause adopted. Passed. (Ayes 36. Noes 0. Page 929.) To Assembly.

  21. To Special Consent Calendar.

  22. Read second time. To third reading.

  23. From committee: Do pass. (Ayes 13. Noes 0. Page 847.)

  24. Set for hearing May 11.

  25. Hearing postponed by committee.

  26. From committee with author's amendments. Read second time. Amended. Re-referred to Com. on APPR.

  27. Set for hearing May 4.

  28. Read second time. Amended. Re-referred to Com. on APPR.

  29. From committee: Do pass as amended, but first amend, and re-refer to Com. on APPR. (Ayes 10. Noes 0. Page 555.)

  30. Set for hearing April 15.

  31. From committee with author's amendments. Read second time. Amended. Re-referred to Com. on B., F. & I.

  32. To Com. on B., F. & I.

  33. From print. May be acted upon on or after March 1.

  34. Introduced. Read first time. To Com. on RLS. for assignment. To print.

Sponsors

  • Calderon · Primary

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 121 not signed on · 2 voted No

Sponsors (1)

  • Calderon

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

SB 116 Calderon Third Reading Urgency By NAVA

Passed 68 Yea · 17 Nay · 6 Other
Party YeaNayPresentNot Voting
Unaffiliated 631606
Democratic 3000
Republican 2100
Total 681706
% of votes cast 75%19%0%7%
How each member voted (91)
Member Party Vote
Hagman — Nay
Hall — Yea
Eng — Yea
Evans — Yea
Fuentes — Yea
Carter — Yea
Furutani — Yea
Coto — Yea
Bill — Yea
Tom — Yea
Galgiani — Yea
Hayashi — Yea
Charles — Yea
Hernandez — Yea
Hill — Yea
Huffman — Yea
De — Yea
La — Yea
Torre — Yea
De — Yea
Leon — Yea
Fong — Yea
Bonnie — Yea
Lowenthal — Yea
Ammiano — Yea
Beall — Yea
Davis — Yea
Krekorian — Yea
Lieu — Yea
V. — Yea
Manuel — Yea
Perez — Yea
John — Yea
A. — Yea
Perez — Yea
Portantino — Yea
Salas — Yea
Saldana — Yea
Conway — Nay
Garrick — Nay
Yamada — Yea
Audra — Nay
Gilmore — Not Voting
Fletcher — Not Voting
Cook — Nay
Harkey — Nay
Knight — Nay
Duvall — Not Voting
Anderson — Nay
Blakeslee — Nay
Mendoza — Yea
Miller — Nay
Monning — Yea
Nava — Yea
Ruskin — Yea
Silva — Nay
Skinner — Yea
Smyth — Nay
Swanson — Yea
Torres — Yea
Torrico — Yea
Villines — Not Voting
Adams — Yea
Bass — Yea
Block — Yea
Blumenfield — Yea
Brownley — Yea
Buchanan — Yea
Huber — Yea
Jeffries — Nay
Logue — Nay
Ma — Yea
Nestande — Not Voting
Nielsen — Yea
Solorio — Yea
Torlakson — Yea
Tran — Yea
Chesbro — Not Voting
Emmerson — Yea
Feuer — Yea
DeVore — Nay
Fuller — Nay
Beth Gaines — Yea
Bill Berryhill — Yea
Bill Berryhill — Yea
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 Nay

Official roll call →

SB 116 Calderon Third Reading Urgency By NAVA

Failed 48 Yea · 20 Nay · 23 Other
Party YeaNayPresentNot Voting
Unaffiliated 4419022
Democratic 2001
Republican 2100
Total 4820023
% of votes cast 53%22%0%25%
How each member voted (91)
Member Party Vote
Hall — Yea
Carter — Yea
Tom — Yea
Eng — Yea
Feuer — Yea
Fuentes — Yea
Furutani — Yea
Galgiani — Yea
Gilmore — Not Voting
De — Yea
La — Yea
Torre — Yea
De — Yea
Leon — Yea
Fong — Yea
Portantino — Yea
Salas — Yea
Chesbro — Yea
Bill — Nay
Hagman — Nay
Harkey — Nay
Hayashi — Yea
Hill — Yea
Audra — Nay
Huber — Yea
Charles — Not Voting
Fletcher — Not Voting
Bonnie — Not Voting
Lowenthal — Not Voting
Blakeslee — Not Voting
Conway — Nay
Cook — Nay
Coto — Yea
Davis — Yea
Duvall — Nay
Jeffries — Nay
Knight — Nay
Lieu — Not Voting
Logue — Not Voting
Mendoza — Yea
Miller — Nay
Nava — Yea
Nestande — Not Voting
Ruskin — Yea
Silva — Nay
Skinner — Yea
Smyth — Nay
Torlakson — Yea
Torrico — Yea
V. — Not Voting
Manuel — Not Voting
Perez — Not Voting
John — Not Voting
A. — Not Voting
Perez — Not Voting
Saldana — Not Voting
Bass — Not Voting
Solorio — Not Voting
Tran — Not Voting
Villines — Not Voting
Anderson — Yea
Adams — Nay
Ammiano — Yea
Beall — Yea
Block — Yea
Blumenfield — Yea
Brownley — Yea
Buchanan — Yea
Hernandez — Yea
Huffman — Yea
Krekorian — Yea
Ma — Yea
Monning — Yea
Nielsen — Nay
Swanson — Yea
Torres — Not Voting
Emmerson — Yea
Evans — Nay
DeVore — Nay
Yamada — Yea
Fuller — Nay
Garrick — Nay
Beth Gaines — Not Voting
Bill Berryhill — Yea
Bill Berryhill — Nay
Arambula, Joaquin Democratic Yea
Caballero, Anna M. Democratic Yea
Calderon, Lisa Democratic Not Voting
Jones, Brian W. Republican Yea
Niello, Roger W. Republican Yea
Strickland, Tony Republican Nay

Official roll call →

Do pass, to Consent Calendar.

Passed 18 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 17002
Republican 1000
Democratic 0001
Total 18003
% of votes cast 86%0%0%14%
How each member voted (21)
Member Party Vote
Hall — Yea
Duvall — Not Voting
De — Yea
Leon — Yea
John — Yea
A. — Yea
Perez — Yea
Audra — Yea
Charles — Not Voting
Ammiano — Yea
Miller — Yea
Skinner — Yea
Solorio — Yea
Harkey — Yea
Nielsen — Yea
Torlakson — Yea
Coto — Yea
Davis — Yea
Fuentes — Yea
Calderon, Lisa Democratic Not Voting
Strickland, Tony Republican Yea

Official roll call →

Special Consent #5 SB116 Calderon

Passed 37 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 33003
Democratic 3000
Republican 1000
Total 37003
% of votes cast 93%0%0%8%
How each member voted (40)
Member Party Vote
Yee — Yea
Cedillo — Not Voting
Wyland — Yea
Cogdill — Yea
Corbett — Yea
Hancock — Yea
Harman — Yea
Huff — Yea
Kehoe — Yea
Leno — Yea
Negrete — Yea
Runner — Yea
Liu — Yea
Ducheny — Yea
McLeod — Yea
Oropeza — Yea
Alquist — Yea
Benoit — Yea
Dutton — Yea
Romero — Not Voting
Steinberg — Yea
Wiggins — Yea
Wolk — Yea
Aanestad — Yea
Ashburn — Yea
Hollingsworth — Yea
Maldonado — Yea
Pavley — Yea
Simitian — Yea
Walters — Yea
Wright — Yea
Correa — Yea
Cox — Yea
DeSaulnier — Yea
Denham — Yea
Florez — Not Voting
Calderon, Lisa Democratic Yea
Lowenthal, Josh Democratic Yea
Padilla, Stephen C. Democratic Yea
Strickland, Tony Republican Yea

Official roll call →

Do pass.

Passed 13 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 13000
Total 13000
% of votes cast 100%0%0%0%
How each member voted (13)
Member Party Vote
Yee — Yea
Hancock — Yea
Wyland — Yea
Corbett — Yea
Runner — Yea
Leno — Yea
Walters — Yea
Wolk — Yea
Kehoe — Yea
Oropeza — Yea
Cox — Yea
DeSaulnier — Yea
Denham — Yea

Official roll call →

Do pass as amended, and re-refer to the Committee on Appropriations.

Passed 10 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Democratic 3000
Unaffiliated 7002
Total 10002
% of votes cast 83%0%0%17%
How each member voted (12)
Member Party Vote
Florez — Yea
Runner — Not Voting
Cox — Yea
Harman — Yea
Kehoe — Yea
Liu — Yea
Wolk — Yea
Cogdill — Yea
Correa — Not Voting
Calderon, Lisa Democratic Yea
Lowenthal, Josh Democratic Yea
Padilla, Stephen C. Democratic Yea

Official roll call →

Subjects

finance
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Frequently asked questions

What does SB 116 do?
(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.
Who sponsors SB 116?
SB 116 is sponsored by Calderon.
What is the current status of SB 116?
This bill died with 2009-2010 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 116?
Track SB 116 free on One Click Politics — get push/email alerts when it moves.

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