California 2009-2010 Regular Session Status: To Executive

AB 2080 — Joint powers authorities: government receivables.

Last action — Vetoed by Governor.

Track this bill free

No card. One bill, free forever — alerts when it moves.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Assembly
  4. ✓
    Passed Senate
  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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

Existing law authorizes joint powers authorities to, among other things, issue bonds and loan the proceeds to local agencies to finance specified types of projects and programs. Existing law also authorizes a joint powers authority to purchase, with the proceeds of its bonds or its revenue, a local agency's right to payment of moneys due or to become due to a local agency in connection with specified provisions of law, which rights of payment are defined as VLF receivables and Proposition 1A receivables. Existing law permits a joint powers authority to pledge, assign, resell, or otherwise transfer these receivables for the purpose of securing bonds issued to finance the purchase price of the receivables, subject to specified criteria. Existing law limits the aggregate amount of all bonds issued in connection with Proposition 1A receivables and permits a joint powers authority to charge a fee to a local agency from which it purchases a Proposition 1A receivable. This bill would authorize a joint powers authority to purchase, with the proceeds of its bonds or its revenue, a local agency's right to payment of moneys due or to become due to a local agency from the federal government in connection with direct subsidy payments related to Buy America Bonds, which would be defined as government receivables. The bill would authorize local agencies to make these sales. The bill would permit the authority to pledge the government receivables to the payment of bonds issued by the authority or to resell them to public or private purchasers at public or negotiated sale, in whole or in part, separately or together with other government receivables. The bill would also make various conforming changes.

Bill Text

Action History

  1. Vetoed by Governor.

  2. Enrolled and to the Governor at 2:50 p.m.

  3. In Assembly. To enrollment.

  4. Read third time, passed, and to Assembly. (Ayes 22. Noes 12. Page 4464.)

  5. Read second time. To third reading.

  6. From committee: Be placed on second reading file pursuant to Senate Rule 28.8.

  7. From committee: Do pass, and re-refer to Com. on APPR. Re-referred. (Ayes 3. Noes 2.) (June 30).

  8. In committee: Set, second hearing. Hearing canceled at the request of author.

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

  10. Referred to Com. on L. GOV.

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

  12. Read third time, passed, and to Senate. (Ayes 47. Noes 27. Page 5032.)

  13. Read second time. To third reading.

  14. From committee: Do pass. (Ayes 10. Noes 5.) (April 28).

  15. From committee: Do pass, and re-refer to Com. on APPR. Re-referred. (Ayes 6. Noes 2.) (April 14).

  16. Re-referred to Com. on L. GOV.

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

  18. Referred to Com. on L. GOV.

  19. From printer. May be heard in committee March 21.

  20. Read first time. To print.

Sponsors

  • Hernandez · Primary

Sponsorship breakdown

Export CSV (upgrade) →

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

Sponsors (1)

  • Hernandez

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

Assembly 3rd Reading AB2080 Hernandez By DeSaulnier

Passed 23 Yea · 12 Nay · 4 Other
Party YeaNayPresentNot Voting
Unaffiliated 221103
Republican 0100
Democratic 1001
Total 231204
% of votes cast 59%31%0%10%
How each member voted (39)
Member Party Vote
Hancock — Yea
Alquist — Yea
Wyland — Nay
Yee — Yea
Lowenthal — Yea
Negrete — Yea
Florez — Yea
Runner — Nay
Ducheny — Yea
Hollingsworth — Nay
Kehoe — Yea
McLeod — Yea
Oropeza — Not Voting
Ashburn — Nay
Dutton — Nay
Pavley — Yea
Price — Yea
Simitian — Yea
Wiggins — Not Voting
Wolk — Yea
Wright — Yea
Aanestad — Nay
Harman — Nay
Huff — Nay
Leno — Yea
Liu — Yea
Romero — Yea
Steinberg — Yea
Walters — Not Voting
Cedillo — Yea
Cogdill — Nay
Corbett — Yea
Emmerson — Nay
Correa — Yea
DeSaulnier — Yea
Denham — Nay
Calderon, Lisa Democratic Not Voting
Padilla, Stephen C. Democratic Yea
Strickland, Tony Republican Nay

Official roll call →

AB 2080 HERNANDEZ Assembly Third Reading

Passed 56 Yea · 30 Nay · 5 Other
Party YeaNayPresentNot Voting
Unaffiliated 522805
Democratic 3000
Republican 1200
Total 563005
% of votes cast 62%33%0%5%
How each member voted (91)
Member Party Vote
Carter — Yea
Eng — Yea
Feuer — Yea
Fuentes — Yea
Furutani — Yea
Charles — Yea
Galgiani — Yea
Hagman — Nay
Hall — Yea
Hernandez — 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
A. — Yea
Perez — Yea
Chesbro — Yea
Conway — Nay
Bill — Nay
Tom — Nay
Hill — Yea
Huffman — Yea
Lieu — Yea
Monning — Yea
Fletcher — Nay
Ammiano — Yea
Beall — Yea
Blakeslee — Nay
Cook — Nay
Coto — Yea
Davis — Yea
Nava — Yea
Ruskin — Yea
Skinner — Yea
Swanson — Yea
Torlakson — Yea
Torrico — Yea
Audra — Nay
Gilmore — Not Voting
Jeffries — Nay
Knight — Nay
Mendoza — Not Voting
Miller — Nay
Norby — Nay
Silva — Nay
Smyth — Nay
Tran — Nay
Adams — Nay
Anderson — Nay
Bass — Not Voting
Block — Not Voting
Blumenfield — Yea
Bradford — Yea
Brownley — Yea
Buchanan — Yea
Harkey — Nay
Hayashi — Yea
Huber — Yea
Logue — Nay
Ma — Yea
Nestande — Nay
Nielsen — Nay
Solorio — Yea
Torres — Yea
Villines — Nay
Emmerson — Not Voting
Evans — Yea
DeVore — Nay
Yamada — Yea
Fuller — Nay
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 Nay

Official roll call →

Do pass.

Passed 11 Yea · 5 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 11502
Democratic 0001
Total 11503
% of votes cast 58%26%0%16%
How each member voted (19)
Member Party Vote
Fuentes — Yea
Bonnie — Yea
Lowenthal — Yea
Hall — Yea
Charles — Not Voting
Coto — Yea
Hill — Yea
Ammiano — Yea
Norby — Nay
Solorio — Yea
Bradford — Not Voting
Harkey — Nay
Miller — Nay
Nielsen — Nay
Skinner — Yea
Torlakson — Yea
Conway — Nay
Davis — Yea
Calderon, Lisa Democratic Not Voting

Official roll call →

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 2080 do?
Existing law authorizes joint powers authorities to, among other things, issue bonds and loan the proceeds to local agencies to finance specified types of projects and programs. Existing law also authorizes a joint powers authority to purchase, with the proceeds of its bonds or its revenue, a local agency's right to payment of moneys due or to become due to a local agency in connection with specified provisions of law, which rights of payment are defined as VLF receivables and Proposition 1A receivables. Existing law permits a joint powers authority to pledge, assign, resell, or otherwise transfer these receivables for the purpose of securing bonds issued to finance the purchase price of the receivables, subject to specified criteria. Existing law limits the aggregate amount of all bonds issued in connection with Proposition 1A receivables and permits a joint powers authority to charge a fee to a local agency from which it purchases a Proposition 1A receivable. This bill would authorize a joint powers authority to purchase, with the proceeds of its bonds or its revenue, a local agency's right to payment of moneys due or to become due to a local agency from the federal government in connection with direct subsidy payments related to Buy America Bonds, which would be defined as government receivables. The bill would authorize local agencies to make these sales. The bill would permit the authority to pledge the government receivables to the payment of bonds issued by the authority or to resell them to public or private purchasers at public or negotiated sale, in whole or in part, separately or together with other government receivables. The bill would also make various conforming changes.
Who sponsors AB 2080?
AB 2080 is sponsored by Hernandez.
What is the current status of AB 2080?
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 AB 2080?
Track AB 2080 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on AB 2080

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of AB 2080

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →