AB 1545 — Economic development projects.
Last action — In committee: Held under submission.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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3Passed Assembly
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 2011-2012 Regular Session. It reached “Passed Assembly” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 Bergeson-Peace Infrastructure and Economic Development Bank Act authorizes the California Infrastructure and Economic Development Bank, governed by a board of directors, to make loans and provide other assistance to public and private entities for various types of economic development projects, among other things. The activities of the bank under these provisions are funded from the California Infrastructure and Economic Development Bank Fund, which is continuously appropriated for these purposes. This bill would authorize the board to enter into development and financing agreements for projects within the California-Mexico border region, as defined. The bill would authorize the bank to establish and participate in a binational financing authority to facilitate and support the economic development of communities within the border region. The bill would require the bank to develop guidelines for the selection, review, and approval of border region projects and authorize the bank to issue bonds, the proceeds of which would be deposited in the Binational Development Account, which the bill would create within the fund. By expanding the purposes for which a continuously appropriated fund may be used, the bill would make an appropriation. The bill would state that certain provisions of this bill shall become operative only if the Executive Director of the California Infrastructure and Economic Development Bank determines that there are sufficient funds available to implement those provisions and submits a letter to the Legislature to that effect.
Bill Text
- Amended 05/25/12 - Amended Assembly Current pdf May 25, 2012
- Amended 04/25/12 - Amended Assembly pdf April 25, 2012
- Introduced 01/25/12 - Introduced pdf January 25, 2012
- AB1545 View text html
Action History
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In committee: Held under submission.
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In committee: Referred to APPR. suspense file.
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From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 1.) (July 2). Re-referred to Com. on APPR.
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Referred to Com. on B., P. & E.D.
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In Senate. Read first time. To Com. on RLS. for assignment.
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Read third time. Passed. Ordered to the Senate. (Ayes 52. Noes 24. Page 5102.)
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Read second time. Ordered to third reading.
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Read second time and amended. Ordered to second reading.
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From committee: Do pass as amended. (Ayes 12. Noes 5.) (May 25).
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In committee: Set, first hearing. Referred to APPR. suspense file.
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Re-referred to Com. on APPR.
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From committee chair, with author's amendments: Amend, and re-refer to Com. on APPR. Read second time and amended.
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From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 2.) (April 17). Re-referred to Com. on APPR.
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Referred to Com. on J., E.D. & E.
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From printer. May be heard in committee February 25.
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Read first time. To print.
Sponsors
- V. Manuel Pérez · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on · 4 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 | 7 | 0 | 0 | 0 |
| Total | 7 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Dutton | — | Yea |
| Price | — | Yea |
| Steinberg | — | Yea |
| Alquist | — | Yea |
| Kehoe | — | Yea |
| Lieu | — | Yea |
| Walters | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 6 | 0 | 0 | 2 |
| Republican | 0 | 1 | 0 | 0 |
| Total | 6 | 1 | 0 | 2 |
| % of votes cast | 67% | 11% | 0% | 22% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Negrete McLeod | — | Yea |
| Corbett | — | Yea |
| Hernandez | — | Yea |
| Price | — | Yea |
| Vargas | — | Yea |
| Wyland | — | Not Voting |
| Emmerson | — | Not Voting |
| Correa | — | Yea |
| Strickland, Tony | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 0 | 2 | 0 | 0 |
| Unaffiliated | 51 | 22 | 0 | 4 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 52 | 24 | 0 | 4 |
| % of votes cast | 65% | 30% | 0% | 5% |
How each member voted (80)
| Member | Party | Vote |
|---|---|---|
| Hagman | — | Nay |
| Butler | — | Yea |
| Feuer | — | Yea |
| Furutani | — | Yea |
| Carter | — | Yea |
| Cedillo | — | Yea |
| Fong | — | Yea |
| Allen | — | Yea |
| Hill | — | Yea |
| Swanson | — | Yea |
| Yamada | — | Yea |
| Galgiani | — | Yea |
| John A. Pérez | — | Yea |
| Mitchell | — | Yea |
| Garrick | — | Nay |
| Gatto | — | Yea |
| Gordon | — | Not Voting |
| Campos | — | Yea |
| Gorell | — | Nay |
| Bonilla | — | Yea |
| Atkins | — | Yea |
| Halderman | — | Nay |
| Hall | — | Yea |
| Portantino | — | Nay |
| Harkey | — | Nay |
| Fletcher | — | Not Voting |
| Huffman | — | Yea |
| Beall | — | Yea |
| Block | — | Yea |
| Chesbro | — | Yea |
| Conway | — | Nay |
| Cook | — | Nay |
| Donnelly | — | Nay |
| Jeffries | — | Nay |
| Lara | — | Yea |
| Logue | — | Nay |
| Mendoza | — | Yea |
| Miller | — | Nay |
| Morrell | — | Nay |
| Nestande | — | Yea |
| Norby | — | Yea |
| Olsen | — | Nay |
| Perea | — | Yea |
| Silva | — | Nay |
| Skinner | — | Yea |
| Smyth | — | Nay |
| Torres | — | Yea |
| Valadao | — | Not Voting |
| Wieckowski | — | Yea |
| Achadjian | — | Nay |
| Alejo | — | Yea |
| Ammiano | — | Yea |
| Blumenfield | — | Yea |
| Bradford | — | Yea |
| Brownley | — | Yea |
| Buchanan | — | Yea |
| Hayashi | — | Yea |
| Huber | — | Yea |
| Hueso | — | Yea |
| Knight | — | Nay |
| Ma | — | Yea |
| Mansoor | — | Nay |
| Monning | — | Yea |
| Nielsen | — | Nay |
| Pan | — | Yea |
| Solorio | — | Yea |
| Wagner | — | Nay |
| Williams | — | Yea |
| Eng | — | Yea |
| Davis | — | Yea |
| Dickinson | — | Yea |
| Fuentes | — | Yea |
| Beth Gaines | — | Nay |
| Bill Berryhill | — | Not Voting |
| Bonnie Lowenthal | — | Yea |
| Roger Hernández | — | Yea |
| V. Manuel Pérez | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Grove, Shannon | Republican | Nay |
| Jones, Brian W. | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 11 | 5 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 12 | 5 | 0 | 0 |
| % of votes cast | 71% | 29% | 0% | 0% |
How each member voted (17)
| Member | Party | Vote |
|---|---|---|
| Ammiano | — | Yea |
| Campos | — | Yea |
| Donnelly | — | Nay |
| Gatto | — | Yea |
| Harkey | — | Nay |
| Hill | — | Yea |
| Lara | — | Yea |
| Nielsen | — | Nay |
| Norby | — | Nay |
| Solorio | — | Yea |
| Wagner | — | Nay |
| Mitchell | — | Yea |
| Blumenfield | — | Yea |
| Bradford | — | Yea |
| Davis | — | Yea |
| Fuentes | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 0 | 1 | 0 | 0 |
| Unaffiliated | 4 | 1 | 0 | 0 |
| Total | 4 | 2 | 0 | 0 |
| % of votes cast | 67% | 33% | 0% | 0% |
How each member voted (6)
| Member | Party | Vote |
|---|---|---|
| Beall | — | Yea |
| Morrell | — | Nay |
| Block | — | Yea |
| Hueso | — | Yea |
| V. Manuel Pérez | — | Yea |
| Grove, Shannon | Republican | Nay |
Subjects
Frequently asked questions
- What does AB 1545 do?
- The Bergeson-Peace Infrastructure and Economic Development Bank Act authorizes the California Infrastructure and Economic Development Bank, governed by a board of directors, to make loans and provide other assistance to public and private entities for various types of economic development projects, among other things. The activities of the bank under these provisions are funded from the California Infrastructure and Economic Development Bank Fund, which is continuously appropriated for these purposes. This bill would authorize the board to enter into development and financing agreements for projects within the California-Mexico border region, as defined. The bill would authorize the bank to establish and participate in a binational financing authority to facilitate and support the economic development of communities within the border region. The bill would require the bank to develop guidelines for the selection, review, and approval of border region projects and authorize the bank to issue bonds, the proceeds of which would be deposited in the Binational Development Account, which the bill would create within the fund. By expanding the purposes for which a continuously appropriated fund may be used, the bill would make an appropriation. The bill would state that certain provisions of this bill shall become operative only if the Executive Director of the California Infrastructure and Economic Development Bank determines that there are sufficient funds available to implement those provisions and submits a letter to the Legislature to that effect.
- Who sponsors AB 1545?
- AB 1545 is sponsored by V. Manuel Pérez.
- What is the current status of AB 1545?
- This bill died with 2011-2012 Regular Session. It reached “Passed Assembly” 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 1545?
- Track AB 1545 free on One Click Politics — get push/email alerts when it moves.
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