California 2011-2012 Regular Session Status: To Executive

AB 700 — Infrastructure and Economic Development Bank.

Last action — Vetoed by Governor.

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

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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

(1) The Bergeson-Peace Infrastructure and Economic Development Bank Act establishes the Infrastructure and Economic Development Bank within the Business, Transportation and Housing Agency. The act provides that bank is governed and its corporate powers are exercised by a board of directors of which the Secretary of Business, Transportation and Housing or his or her designee shall serve as chair. This bill would delete the provisions establishing the bank within the Business, Transportation and Housing Agency and providing that the Secretary of Business, Transportation and Housing or his or her designee shall serve as chair of the board of directors. It instead would provide that the bank is within state government and that the Director of Finance or his or her designee shall serve as chair of the board of directors. (2) The act sets forth the duties and authority of the bank and the board generally, including the financing of infrastructure and economic development projects in the state. This bill would authorize the bank to serve as a facilitator for the development of infrastructure projects that serve regional economic and community development activities. It would require the bank to maintain an Internet Web site that includes information about its programs. This bill would require the board to adopt a set of 2-year goals and measurable objectives, subject to specified criteria, and to annually adopt a work plan to support the bank in meeting those goals and measurable objectives. (3) The act provides that the bank is under the direction of an executive director appointed by the Governor, and sets forth the duties and authority of the executive director to perform certain acts in administering and directing the day-to-day operations of the bank, if authorized by the board. This bill would instead provide that the bank is under the direction of a chief executive officer appointed by the Governor, with these same duties and authority, and additionally provide that the chief executive officer may enter into any interagency agreement with another state agency for the performance of certain administrative functions, if authorized by the board.

Bill Text

Action History

  1. Vetoed by Governor.

  2. Enrolled and presented to the Governor at 3 p.m.

  3. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 67. Noes 10. Page 2888.).

  4. In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 2 pursuant to Assembly Rule 77.

  5. Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 2124.).

  6. Read second time. Ordered to third reading.

  7. From committee: Do pass. (Ayes 8. Noes 0.) (August 15).

  8. Read second time and amended. Re-referred to Com. on APPR.

  9. From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (June 27).

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

  11. Referred to Com. on GOV. & F.

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

  13. Read third time. Passed. Ordered to the Senate. (Ayes 72. Noes 3. Page 1708.)

  14. Read second time. Ordered to third reading.

  15. From committee: Do pass. (Ayes 13. Noes 4.) (May 27).

  16. In committee: Hearing postponed by committee.

  17. Re-referred to Com. on APPR.

  18. Read second time and amended.

  19. From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (May 3).

  20. In committee: Hearing postponed by committee.

  21. Referred to Com. on J., E.D. & E.

  22. From printer. May be heard in committee March 20.

  23. Read first time. To print.

Sponsors

  • Blumenfield · Primary

Sponsorship breakdown

Export CSV (upgrade) →

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

Sponsors (1)

  • Blumenfield

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

AB 700 BLUMENFIELD Concurrence in Senate Amendments

Passed 67 Yea · 10 Nay · 3 Other
Party YeaNayPresentNot Voting
Republican 1100
Unaffiliated 65903
Democratic 1000
Total 671003
% of votes cast 84%13%0%4%
How each member voted (80)
Member Party Vote
Butler — Yea
Carter — Yea
Feuer — Yea
Fong — Yea
Cedillo — Yea
Furutani — Yea
Allen — Yea
Gatto — Yea
Hagman — Yea
Huber — Yea
Huffman — Yea
Conway — Yea
Portantino — Yea
John A. Pérez — Yea
Ammiano — Yea
Cook — Yea
Perea — Yea
Skinner — Yea
Swanson — Yea
Williams — Yea
Mitchell — Yea
Fletcher — Yea
Campos — Yea
Galgiani — Yea
Bonilla — Yea
Gordon — Yea
Gorell — Not Voting
Atkins — Not Voting
Halderman — Nay
Hall — Yea
Hayashi — Yea
Hueso — Yea
Jeffries — Yea
Knight — Nay
Chesbro — Yea
Donnelly — Nay
Mansoor — Nay
Miller — Yea
Monning — Yea
Morrell — Nay
Nestande — Yea
Norby — Nay
Olsen — Nay
Pan — Yea
Solorio — Yea
Torres — Yea
Valadao — Nay
Wieckowski — Yea
Achadjian — Yea
Alejo — Yea
Beall — Yea
Block — Yea
Blumenfield — Yea
Bradford — Yea
Brownley — Yea
Buchanan — Yea
Harkey — Yea
Hill — Yea
Lara — Yea
Logue — Yea
Ma — Yea
Mendoza — Not Voting
Nielsen — Yea
Silva — Yea
Smyth — Yea
Wagner — Nay
Eng — Yea
Davis — Yea
Dickinson — Yea
Fuentes — Yea
Garrick — Yea
Yamada — Yea
Beth Gaines — Yea
Bill Berryhill — Yea
Bonnie Lowenthal — Yea
Roger Hernández — Yea
V. Manuel Pérez — Yea
Calderon, Lisa Democratic Yea
Grove, Shannon Republican Nay
Jones, Brian W. Republican Yea

Official roll call →

3rd Reading AB700 Blumenfield By Huff

Passed 37 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 34003
Republican 1000
Democratic 2000
Total 37003
% of votes cast 93%0%0%8%
How each member voted (40)
Member Party Vote
Wyland — Yea
Hancock — Yea
Hernandez — Yea
Lowenthal — Yea
Huff — Yea
Lieu — Yea
Liu — Yea
Simitian — Yea
Steinberg — Yea
Walters — Yea
Wolk — Yea
Yee — Yea
Negrete McLeod — Yea
Rubio — Yea
De León — Not Voting
Runner — Not Voting
Cannella — Yea
Dutton — Yea
Leno — Yea
Pavley — Yea
Price — Yea
Vargas — Yea
Wright — Yea
Alquist — Yea
Anderson — Yea
Blakeslee — Yea
Harman — Not Voting
Kehoe — Yea
Corbett — Yea
Emmerson — Yea
Correa — Yea
Evans — Yea
DeSaulnier — Yea
Fuller — Yea
Beth Gaines — Yea
Bill Berryhill — Yea
La Malfa — Yea
Calderon, Lisa Democratic Yea
Padilla, Stephen C. Democratic Yea
Strickland, Tony Republican Yea

Official roll call →

Do pass.

Passed 8 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 8001
Total 8001
% of votes cast 89%0%0%11%
How each member voted (9)
Member Party Vote
Pavley — Yea
Runner — Not Voting
Kehoe — Yea
Lieu — Yea
Steinberg — Yea
Alquist — Yea
Price — Yea
Walters — Yea
Emmerson — Yea

Official roll call →

AB 700 BLUMENFIELD Assembly Third Reading

Passed 72 Yea · 3 Nay · 5 Other
Party YeaNayPresentNot Voting
Republican 1001
Unaffiliated 70304
Democratic 1000
Total 72305
% of votes cast 90%4%0%6%
How each member voted (80)
Member Party Vote
Butler — Yea
Feuer — Yea
Carter — Yea
Hill — Yea
Huber — Yea
Fong — Yea
Cedillo — Yea
Alejo — Yea
Conway — Yea
Cook — Yea
Wagner — Yea
Galgiani — Yea
Campos — Yea
Portantino — Yea
John A. Pérez — Yea
Mitchell — Yea
Garrick — Yea
Fletcher — Yea
Gordon — Yea
Gorell — Not Voting
Chesbro — Yea
Hagman — Yea
Bonilla — Yea
Atkins — Yea
Halderman — Not Voting
Hall — Yea
Allen — Not Voting
Harkey — Yea
Davis — Yea
Beall — Yea
Dickinson — Yea
Donnelly — Nay
Hueso — Yea
Huffman — Yea
Knight — Yea
Lara — Yea
Mendoza — Yea
Monning — Yea
Morrell — Yea
Nielsen — Yea
Norby — Nay
Olsen — Nay
Pan — Yea
Silva — Yea
Skinner — Yea
Solorio — Yea
Swanson — Yea
Valadao — Yea
Wieckowski — Yea
Achadjian — Yea
Ammiano — Yea
Block — Yea
Blumenfield — Yea
Bradford — Yea
Brownley — Yea
Buchanan — Yea
Hayashi — Yea
Jeffries — Yea
Logue — Yea
Ma — Yea
Mansoor — Yea
Miller — Yea
Nestande — Yea
Perea — Yea
Smyth — Yea
Torres — Yea
Williams — Yea
Eng — Yea
Yamada — Yea
Fuentes — Yea
Furutani — Yea
Gatto — Yea
Beth Gaines — Yea
Bill Berryhill — Yea
Bonnie Lowenthal — Yea
Roger Hernández — Yea
V. Manuel Pérez — Not Voting
Calderon, Lisa Democratic Yea
Grove, Shannon Republican Yea
Jones, Brian W. Republican Not Voting

Official roll call →

Do pass.

Passed 13 Yea · 4 Nay
Party YeaNayPresentNot Voting
Unaffiliated 12400
Democratic 1000
Total 13400
% of votes cast 76%24%0%0%
How each member voted (17)
Member Party Vote
Campos — Yea
Gatto — Yea
Hall — Yea
Harkey — Yea
Mitchell — Yea
Hill — Yea
Lara — Yea
Davis — Yea
Donnelly — Nay
Nielsen — Nay
Wagner — Nay
Blumenfield — Yea
Bradford — Yea
Norby — Nay
Solorio — Yea
Fuentes — Yea
Calderon, Lisa Democratic Yea

Official roll call →

Subjects

finance transportation
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Frequently asked questions

What does AB 700 do?
(1) The Bergeson-Peace Infrastructure and Economic Development Bank Act establishes the Infrastructure and Economic Development Bank within the Business, Transportation and Housing Agency. The act provides that bank is governed and its corporate powers are exercised by a board of directors of which the Secretary of Business, Transportation and Housing or his or her designee shall serve as chair. This bill would delete the provisions establishing the bank within the Business, Transportation and Housing Agency and providing that the Secretary of Business, Transportation and Housing or his or her designee shall serve as chair of the board of directors. It instead would provide that the bank is within state government and that the Director of Finance or his or her designee shall serve as chair of the board of directors. (2) The act sets forth the duties and authority of the bank and the board generally, including the financing of infrastructure and economic development projects in the state. This bill would authorize the bank to serve as a facilitator for the development of infrastructure projects that serve regional economic and community development activities. It would require the bank to maintain an Internet Web site that includes information about its programs. This bill would require the board to adopt a set of 2-year goals and measurable objectives, subject to specified criteria, and to annually adopt a work plan to support the bank in meeting those goals and measurable objectives. (3) The act provides that the bank is under the direction of an executive director appointed by the Governor, and sets forth the duties and authority of the executive director to perform certain acts in administering and directing the day-to-day operations of the bank, if authorized by the board. This bill would instead provide that the bank is under the direction of a chief executive officer appointed by the Governor, with these same duties and authority, and additionally provide that the chief executive officer may enter into any interagency agreement with another state agency for the performance of certain administrative functions, if authorized by the board.
Who sponsors AB 700?
AB 700 is sponsored by Blumenfield.
What is the current status of AB 700?
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 700?
Track AB 700 free on One Click Politics — get push/email alerts when it moves.

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