California 2009-2010 Regular Session Status: In Committee

AB 1491 — Corporations: boards of directors: diversity.

Last action — From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

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

This bill died with 2009-2010 Regular Session. It reached “In Committee” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

Under existing law, the Secretary of State, or the University of California campus or the California State University campus to which the Secretary of State delegates the authority, maintains a registry of distinguished women and minorities who are available to serve on corporate boards of directors. Existing law authorizes this information to be made available to a person or entity that provides database access or search services, as specified. Existing law requires the Secretary of State, in consultation with the Senate Commission on Corporate Governance, Shareholder Rights, and Securities Transactions, to fix fees for registering with the registry, to report, at least once every 3 years, to the Legislature on the registry's effectiveness, and to take other actions. This bill would set forth the background and history of the registry, including that it was transferred by the Secretary of State to California State University, Fullerton, which maintained the registry from 1999 to 2002. The bill would also require the Secretary of State to thoroughly investigate the present operational status of the registry, including attempting to determine the extent of use of the registry while maintained by the campus, why the campus discontinued maintaining the registry, what has become of the registry, and how might the registry most effectively be restored.

Bill Text

Action History

  1. From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

  2. Died pursuant to Art. IV, Sec. 10(c) of the Constitution.

  3. In committee: Set, first hearing. Held under submission.

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

  5. Re-referred to Com. on APPR.

  6. Read second time and amended.

  7. From committee: Amend, do pass as amended, and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (January 12).

  8. From committee: Do pass, and re-refer to Com. on JUD. Re-referred. (Ayes 6. Noes 0.) (January 5).

  9. Re-referred to Com. on J.,E.D., & E.

  10. From committee chair, with author's amendments: Amend, and re-refer to Com. on J.,E.D., & E. Read second time and amended.

  11. In committee: Hearing cancelled at the request of author.

  12. Referred to Coms. on J.,E.D., & E. and JUD.

  13. Read first time.

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

  15. Introduced. To print.

Sponsors

  • V. Manuel Perez · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

  • V. Manuel Perez

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

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"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.

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Frequently asked questions

What does AB 1491 do?
Under existing law, the Secretary of State, or the University of California campus or the California State University campus to which the Secretary of State delegates the authority, maintains a registry of distinguished women and minorities who are available to serve on corporate boards of directors. Existing law authorizes this information to be made available to a person or entity that provides database access or search services, as specified. Existing law requires the Secretary of State, in consultation with the Senate Commission on Corporate Governance, Shareholder Rights, and Securities Transactions, to fix fees for registering with the registry, to report, at least once every 3 years, to the Legislature on the registry's effectiveness, and to take other actions. This bill would set forth the background and history of the registry, including that it was transferred by the Secretary of State to California State University, Fullerton, which maintained the registry from 1999 to 2002. The bill would also require the Secretary of State to thoroughly investigate the present operational status of the registry, including attempting to determine the extent of use of the registry while maintained by the campus, why the campus discontinued maintaining the registry, what has become of the registry, and how might the registry most effectively be restored.
Who sponsors AB 1491?
AB 1491 is sponsored by V. Manuel Perez.
What is the current status of AB 1491?
This bill died with 2009-2010 Regular Session. It reached “In Committee” 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 1491?
Track AB 1491 free on One Click Politics — get push/email alerts when it moves.

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