AB 894 — State government: economic development.
Last action — Vetoed by Governor.
-
✓Introduced
-
✓In Committee
-
✓Passed Assembly
-
✓Passed Senate
-
5To Executive
-
6Enacted
This bill died with 2011-2012 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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
The California Industrial Development Financing Act authorizes cities, counties, cities and counties, and redevelopment agencies to establish industrial development authorities that are authorized to issue industrial development bonds, the proceeds of which may be used to fund capital projects of private enterprise under terms and conditions specified in the act. That act establishes the California Industrial Development Financing Advisory Commission and grants it various powers relating to industrial development bonds. This bill, the California Manufacturing Competitiveness Act of 2011, would authorize the commission to establish the California Manufacturing Competitiveness Loan and Loan Guarantee Program for the purpose of attracting, retaining, and expanding manufacturing facilities, and would require the commission to establish guidelines for the implementation and oversight of the program. The bill would prohibit the commission from commencing the program until the commission adopts a resolution finding that there is sufficient expertise, either directly employed by the commission or employed under a contract with the commission, to assess the credit risk of applicants for assistance under the program and the aggregate credit risk retained by the commission for the loans, loan guarantees, and lines of credit in the commission's program. The bill would require the commission to provide for the development and administration of the program application and evaluation process, and would require that applicants to the program demonstrate that they meet specified requirements. The bill would also require each applicant to pay a nonrefundable application fee. The bill would also create the Manufacturing Program Account within the Industrial Development Fund. The bill would prohibit General Fund moneys from being deposited in the account. The bill would authorize a state agency to contract with the commission, as specified, to contribute prescribed funds for deposit into the account. The bill would prohibit the commission from commencing the program until the commission adopts a resolution finding that there is sufficient money in the account to cover the costs of implementing the program. The bill would allow moneys in the account to be allocated to a lending institution or financial company that will act as trustee of the funds, with the approval of the Department of Finance. The bill would further require the above-described application fees to be deposited in the account to ensure that funds are available to the state for the sole purpose of administration of the program. The bill would require the commission, beginning October 1, 2013, and annually thereafter, to post on its Internet Web site or provide to the Legislature, as specified, a report on the program's activities and impact on the manufacturing industry, and on the state's economy generally. The bill would provide that the above-described provisions shall be implemented only to the extent that sufficient moneys are available to the commission to implement the California Manufacturing Competitiveness Loan and Loan Guarantee Program. The bill would provide that its provisions only remain in effect until January 1, 2017, and as of that date are repealed.
Bill Text
- Enrolled 09/16/11 - Enrolled Current pdf September 16, 2011
- Amended 09/01/11 - Amended Senate pdf September 01, 2011
- Amended 08/30/11 - Amended Senate pdf August 30, 2011
- Amended 07/13/11 - Amended Senate pdf July 13, 2011
- Amended 04/25/11 - Amended Assembly pdf April 25, 2011
- Introduced 02/17/11 - Introduced pdf February 17, 2011
- AB894 View text html
Action History
-
Vetoed by Governor.
-
Enrolled and presented to the Governor at 3 p.m.
-
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 3079.).
-
In Assembly. Concurrence in Senate amendments pending.
-
Read third time. Passed. Ordered to the Assembly. (Ayes 32. Noes 2. Page 2357.).
-
Read second time. Ordered to third reading.
-
Read third time and amended. Ordered to second reading.
-
Read second time and amended. Ordered to third reading.
-
From committee: Do pass as amended. (Ayes 9. Noes 0.) (August 25).
-
Read second time and amended. Re-referred to Com. on APPR.
-
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (July 6).
-
From committee: Do pass and re-refer to Com. on GOV. & F. (Ayes 12. Noes 1.) (June 28). Re-referred to Com. on GOV. & F.
-
Referred to Coms. on G.O. and GOV. & F.
-
In Senate. Read first time. To Com. on RLS. for assignment.
-
Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1656.)
-
Read second time. Ordered to third reading.
-
From committee: Do pass. (Ayes 17. Noes 0.) (May 27).
-
In committee: Set, first hearing. Referred to APPR. suspense file.
-
Re-referred to Com. on APPR.
-
Read second time and amended.
-
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (April 12).
-
Referred to Com. on J., E.D. & E.
-
From printer. May be heard in committee March 20.
-
Read first time. To print.
Sponsors
- V. Manuel Pérez · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on · 1 voted No
Sponsors (1)
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 | 75 | 0 | 0 | 2 |
| Democratic | 1 | 0 | 0 | 0 |
| Republican | 2 | 0 | 0 | 0 |
| Total | 78 | 0 | 0 | 2 |
| % of votes cast | 98% | 0% | 0% | 3% |
How each member voted (80)
| Member | Party | Vote |
|---|---|---|
| Halderman | — | Yea |
| Butler | — | Yea |
| Garrick | — | Yea |
| Hagman | — | Yea |
| John A. Pérez | — | Yea |
| Mitchell | — | Yea |
| Huber | — | Yea |
| Hueso | — | Yea |
| Atkins | — | Yea |
| Jeffries | — | Yea |
| Carter | — | Yea |
| Cedillo | — | Yea |
| Portantino | — | Yea |
| Ammiano | — | Yea |
| Chesbro | — | Yea |
| Cook | — | Yea |
| Donnelly | — | Yea |
| Miller | — | Yea |
| Pan | — | Yea |
| Perea | — | Yea |
| Valadao | — | Yea |
| Wagner | — | Yea |
| Yamada | — | Yea |
| Allen | — | Yea |
| Fuentes | — | Yea |
| Furutani | — | Yea |
| Bonilla | — | Yea |
| Galgiani | — | Yea |
| Fong | — | Yea |
| Fletcher | — | Yea |
| Campos | — | Yea |
| Gatto | — | Yea |
| Gordon | — | Yea |
| Gorell | — | Not Voting |
| Hall | — | Yea |
| Block | — | Yea |
| Conway | — | Yea |
| Hayashi | — | Yea |
| Huffman | — | Yea |
| Lara | — | Yea |
| Mendoza | — | Yea |
| Monning | — | Yea |
| Morrell | — | Yea |
| Nielsen | — | Yea |
| Norby | — | Yea |
| Silva | — | Yea |
| Solorio | — | Yea |
| Swanson | — | Yea |
| Williams | — | Yea |
| Achadjian | — | Yea |
| Alejo | — | Yea |
| Beall | — | Yea |
| Blumenfield | — | Yea |
| Bradford | — | Yea |
| Brownley | — | Yea |
| Buchanan | — | Yea |
| Harkey | — | Yea |
| Hill | — | Yea |
| Knight | — | Yea |
| Logue | — | Yea |
| Ma | — | Yea |
| Mansoor | — | Not Voting |
| Nestande | — | Yea |
| Olsen | — | Yea |
| Skinner | — | Yea |
| Smyth | — | Yea |
| Torres | — | Yea |
| Wieckowski | — | Yea |
| Eng | — | Yea |
| Feuer | — | Yea |
| Davis | — | Yea |
| Dickinson | — | Yea |
| Beth Gaines | — | Yea |
| Bill Berryhill | — | Yea |
| Bonnie Lowenthal | — | Yea |
| Roger Hernández | — | Yea |
| V. Manuel Pérez | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 29 | 2 | 0 | 6 |
| Republican | 1 | 0 | 0 | 0 |
| Democratic | 2 | 0 | 0 | 0 |
| Total | 32 | 2 | 0 | 6 |
| % of votes cast | 80% | 5% | 0% | 15% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Yee | — | Yea |
| Hancock | — | Not Voting |
| Alquist | — | Yea |
| Anderson | — | Nay |
| Blakeslee | — | Yea |
| Cannella | — | Yea |
| Corbett | — | Yea |
| Dutton | — | Yea |
| Fuller | — | Yea |
| Harman | — | Yea |
| Hernandez | — | Yea |
| Kehoe | — | Yea |
| Lieu | — | Yea |
| Pavley | — | Yea |
| Price | — | Yea |
| Simitian | — | Yea |
| Wolk | — | Yea |
| Lowenthal | — | Yea |
| De León | — | Yea |
| Negrete McLeod | — | Yea |
| Rubio | — | Yea |
| Runner | — | Not Voting |
| Leno | — | Not Voting |
| Walters | — | Not Voting |
| Huff | — | Yea |
| Liu | — | Yea |
| Steinberg | — | Yea |
| Vargas | — | Yea |
| Wright | — | Not Voting |
| Wyland | — | Yea |
| Emmerson | — | Yea |
| Correa | — | Yea |
| Evans | — | Yea |
| DeSaulnier | — | Not Voting |
| Beth Gaines | — | Nay |
| Bill Berryhill | — | Yea |
| La Malfa | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Padilla, Stephen C. | Democratic | Yea |
| Strickland, Tony | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 9 | 0 | 0 | 0 |
| Total | 9 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Runner | — | Yea |
| Kehoe | — | Yea |
| Alquist | — | Yea |
| Lieu | — | Yea |
| Price | — | Yea |
| Pavley | — | Yea |
| Steinberg | — | Yea |
| Walters | — | Yea |
| Emmerson | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 8 | 0 | 0 | 1 |
| Total | 8 | 0 | 0 | 1 |
| % of votes cast | 89% | 0% | 0% | 11% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Runner | — | Not Voting |
| Kehoe | — | Yea |
| Steinberg | — | Yea |
| Walters | — | Yea |
| Alquist | — | Yea |
| Lieu | — | Yea |
| Pavley | — | Yea |
| Price | — | Yea |
| Emmerson | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 9 | 0 | 0 | 0 |
| Total | 9 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Hancock | — | Yea |
| Hernandez | — | Yea |
| Huff | — | Yea |
| Liu | — | Yea |
| Wolk | — | Yea |
| Kehoe | — | Yea |
| DeSaulnier | — | Yea |
| Fuller | — | Yea |
| La Malfa | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 9 | 1 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Democratic | 2 | 0 | 0 | 0 |
| Total | 12 | 1 | 0 | 0 |
| % of votes cast | 92% | 8% | 0% | 0% |
How each member voted (13)
| Member | Party | Vote |
|---|---|---|
| Yee | — | Yea |
| Wyland | — | Yea |
| Evans | — | Yea |
| Cannella | — | Yea |
| Hernandez | — | Yea |
| De León | — | Yea |
| Corbett | — | Yea |
| Anderson | — | Nay |
| Wright | — | Yea |
| Bill Berryhill | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Padilla, Stephen C. | Democratic | Yea |
| Strickland, Tony | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 75 | 0 | 0 | 2 |
| Republican | 2 | 0 | 0 | 0 |
| Democratic | 0 | 0 | 0 | 1 |
| Total | 77 | 0 | 0 | 3 |
| % of votes cast | 96% | 0% | 0% | 4% |
How each member voted (80)
| Member | Party | Vote |
|---|---|---|
| Gorell | — | Not Voting |
| Butler | — | Yea |
| Carter | — | Yea |
| Chesbro | — | Yea |
| Dickinson | — | Yea |
| Garrick | — | Yea |
| John A. Pérez | — | Yea |
| Mitchell | — | Yea |
| Hagman | — | Yea |
| Hill | — | Yea |
| Huber | — | Yea |
| Jeffries | — | Yea |
| Miller | — | Yea |
| Perea | — | Yea |
| Wagner | — | Yea |
| Atkins | — | Yea |
| Campos | — | Yea |
| Feuer | — | Yea |
| Fuentes | — | Yea |
| Portantino | — | Yea |
| Galgiani | — | Yea |
| Yamada | — | Yea |
| Gatto | — | Yea |
| Cedillo | — | Yea |
| Allen | — | Yea |
| Gordon | — | Yea |
| Bonilla | — | Yea |
| Halderman | — | Yea |
| Fong | — | Yea |
| Fletcher | — | Yea |
| Conway | — | Yea |
| Hall | — | Yea |
| Hayashi | — | Yea |
| Huffman | — | Yea |
| Cook | — | Yea |
| Lara | — | Yea |
| Alejo | — | Yea |
| Ammiano | — | Yea |
| Beall | — | Yea |
| Block | — | Yea |
| Davis | — | Yea |
| Donnelly | — | Yea |
| Logue | — | Yea |
| Mendoza | — | Yea |
| Monning | — | Yea |
| Morrell | — | Yea |
| Nielsen | — | Yea |
| Norby | — | Yea |
| Silva | — | Yea |
| Skinner | — | Yea |
| Solorio | — | Yea |
| Swanson | — | Yea |
| Valadao | — | Yea |
| Wieckowski | — | Yea |
| Achadjian | — | Yea |
| Blumenfield | — | Yea |
| Bradford | — | Yea |
| Brownley | — | Yea |
| Buchanan | — | Yea |
| Harkey | — | Yea |
| Hueso | — | Yea |
| Knight | — | Yea |
| Ma | — | Yea |
| Mansoor | — | Not Voting |
| Nestande | — | Yea |
| Olsen | — | Yea |
| Pan | — | Yea |
| Smyth | — | Yea |
| Torres | — | Yea |
| Williams | — | Yea |
| Eng | — | Yea |
| Furutani | — | Yea |
| Beth Gaines | — | Yea |
| Bill Berryhill | — | Yea |
| Bonnie Lowenthal | — | Yea |
| Roger Hernández | — | Yea |
| V. Manuel Pérez | — | Yea |
| Calderon, Lisa | Democratic | Not Voting |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 16 | 0 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 17 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (17)
| Member | Party | Vote |
|---|---|---|
| Fuentes | — | Yea |
| Gatto | — | Yea |
| Hall | — | Yea |
| Mitchell | — | Yea |
| Campos | — | Yea |
| Harkey | — | Yea |
| Donnelly | — | Yea |
| Lara | — | Yea |
| Nielsen | — | Yea |
| Norby | — | Yea |
| Solorio | — | Yea |
| Wagner | — | Yea |
| Blumenfield | — | Yea |
| Bradford | — | Yea |
| Hill | — | Yea |
| Davis | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 4 | 0 | 0 | 1 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 5 | 0 | 0 | 1 |
| % of votes cast | 83% | 0% | 0% | 17% |
How each member voted (6)
| Member | Party | Vote |
|---|---|---|
| Hueso | — | Yea |
| Beall | — | Not Voting |
| Morrell | — | Yea |
| Block | — | Yea |
| V. Manuel Pérez | — | Yea |
| Grove, Shannon | Republican | Yea |
Subjects
Frequently asked questions
- What does AB 894 do?
- The California Industrial Development Financing Act authorizes cities, counties, cities and counties, and redevelopment agencies to establish industrial development authorities that are authorized to issue industrial development bonds, the proceeds of which may be used to fund capital projects of private enterprise under terms and conditions specified in the act. That act establishes the California Industrial Development Financing Advisory Commission and grants it various powers relating to industrial development bonds. This bill, the California Manufacturing Competitiveness Act of 2011, would authorize the commission to establish the California Manufacturing Competitiveness Loan and Loan Guarantee Program for the purpose of attracting, retaining, and expanding manufacturing facilities, and would require the commission to establish guidelines for the implementation and oversight of the program. The bill would prohibit the commission from commencing the program until the commission adopts a resolution finding that there is sufficient expertise, either directly employed by the commission or employed under a contract with the commission, to assess the credit risk of applicants for assistance under the program and the aggregate credit risk retained by the commission for the loans, loan guarantees, and lines of credit in the commission's program. The bill would require the commission to provide for the development and administration of the program application and evaluation process, and would require that applicants to the program demonstrate that they meet specified requirements. The bill would also require each applicant to pay a nonrefundable application fee. The bill would also create the Manufacturing Program Account within the Industrial Development Fund. The bill would prohibit General Fund moneys from being deposited in the account. The bill would authorize a state agency to contract with the commission, as specified, to contribute prescribed funds for deposit into the account. The bill would prohibit the commission from commencing the program until the commission adopts a resolution finding that there is sufficient money in the account to cover the costs of implementing the program. The bill would allow moneys in the account to be allocated to a lending institution or financial company that will act as trustee of the funds, with the approval of the Department of Finance. The bill would further require the above-described application fees to be deposited in the account to ensure that funds are available to the state for the sole purpose of administration of the program. The bill would require the commission, beginning October 1, 2013, and annually thereafter, to post on its Internet Web site or provide to the Legislature, as specified, a report on the program's activities and impact on the manufacturing industry, and on the state's economy generally. The bill would provide that the above-described provisions shall be implemented only to the extent that sufficient moneys are available to the commission to implement the California Manufacturing Competitiveness Loan and Loan Guarantee Program. The bill would provide that its provisions only remain in effect until January 1, 2017, and as of that date are repealed.
- Who sponsors AB 894?
- AB 894 is sponsored by V. Manuel Pérez.
- What is the current status of AB 894?
- This bill died with 2011-2012 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 894?
- Track AB 894 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on AB 894
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.
Stay ahead of AB 894
Last checked for changes 3 months ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →