California 2009-2010 Regular Session Status: In Committee

AB 1556 — Community development: grants.

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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

Existing law requires the Department of Housing and Community Development to allocate funds under the federal Community Development Block Grant Program to cities and counties. Existing law authorizes the department to utilize specified amounts of the program's economic development set aside for a reservation of funds program to establish or enhance local revolving loan fund programs. This bill would make several declarations of legislative intent and findings relating to local revolving loan funds receiving federal Community Development Block Grant Program assistance. The bill would require the department to require that grantees of the program use an approved financial intermediary, as defined, to manage or administer the local revolving loan fund and to maintain a record of the approved financial intermediaries.

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, second 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 6. Noes 0.) (January 13).

  8. From committee: Do pass, and re-refer to Com. on H. & C.D. Re-referred. (Ayes 7. Noes 0.) (January 6).

  9. Joint Rule 62(a), file notice suspended. (Page 3689.)

  10. Re-referred to Com. on J.,E.D., & E. by unanimous consent, and then be re-referred to Com. on H. & C.D.

  11. Re-referred to Com. on H. & C.D.

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

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

  14. Re-referred to Com. on H. & C.D.

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

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

  17. Re-referred to Com. on H. & C.D.

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

  19. Referred to Coms. on H. & C.D. and J.,E.D., & E.

  20. (Corrected March 20.)

  21. From printer. May be heard in committee April 11.

  22. Read first time. To print.

Sponsors

  • Committee on Jobs, Economic Development, and the Economy · Primary

Sponsorship breakdown

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

Sponsors (1)

  • Committee on Jobs, Economic Development, and the Economy

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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Votes

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Frequently asked questions

What does AB 1556 do?
Existing law requires the Department of Housing and Community Development to allocate funds under the federal Community Development Block Grant Program to cities and counties. Existing law authorizes the department to utilize specified amounts of the program's economic development set aside for a reservation of funds program to establish or enhance local revolving loan fund programs. This bill would make several declarations of legislative intent and findings relating to local revolving loan funds receiving federal Community Development Block Grant Program assistance. The bill would require the department to require that grantees of the program use an approved financial intermediary, as defined, to manage or administer the local revolving loan fund and to maintain a record of the approved financial intermediaries.
Who sponsors AB 1556?
AB 1556 is sponsored by Committee on Jobs, Economic Development, and the Economy.
What is the current status of AB 1556?
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 1556?
Track AB 1556 free on One Click Politics — get push/email alerts when it moves.

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