California 2011-2012 Regular Session Status: Enacted 2 D cosponsors

AB 2160 — Insurance: retention risk.

Last action — Chaptered by Secretary of State - Chapter 479, Statutes of 2012.

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

This bill has been enacted into law. Introduced February 23, 2012. Enacted.

Prognosis

Likely to advance 82% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 14 sponsors

    1 primary, 13 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (2 D).

  • Cleared a recorded vote

    Passed 5 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Existing law prohibits domestic insurers from acquiring foreign investments from or located in foreign jurisdictions designated as state sponsors of terrorism by the United States Secretary of State. Existing law, the Iran Contracting Act of 2010, provides that a person whose name appears on a list developed or contracted for development by the Department of General Services as a person determined by the department to be engaged in investment activities in Iran is ineligible to bid on, submit a proposal for, enter into, or renew a contract with a public entity. This bill would require that above-referenced investments by a domestic insurer in companies that are included on the list maintained by the Department of General Services be treated as nonadmitted assets on the financial statements of the domestic insurer. The bill would deem use of the list developed for purposes of the Iran Contracting Act of 2010 as automatic compliance with these requirements. The bill would require the insurer to provide the Department of Insurance, on an annual basis, with a list of the investments the insurer has in companies included on the Department of General Services list.

Bill Text

Action History

  1. Chaptered by Secretary of State - Chapter 479, Statutes of 2012.

  2. Approved by the Governor.

  3. Enrolled and presented to the Governor at 4:30 p.m.

  4. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 73. Noes 4. Page 6107.).

  5. In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 22 pursuant to Assembly Rule 77.

  6. Read third time. Passed. Ordered to the Assembly. (Ayes 38. Noes 1. Page 4588.).

  7. Read second time. Ordered to third reading.

  8. Read third time and amended. Ordered to second reading.

  9. Read second time. Ordered to third reading.

  10. From committee: Do pass. (Ayes 9. Noes 0.) (June 28).

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

  12. Referred to Com. on INS.

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

  14. Read third time. Passed. Ordered to the Senate. (Ayes 63. Noes 4. Page 4975.)

  15. Read third time and amended. Ordered to third reading. (Page 4911.)

  16. Read second time. Ordered to third reading.

  17. Read second time and amended. Ordered to second reading.

  18. From committee: Do pass as amended. (Ayes 8. Noes 3.) (May 2).

  19. Re-referred to Com. on INS.

  20. From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended.

  21. Referred to Com. on INS.

  22. From printer. May be heard in committee March 25.

  23. Read first time. To print.

Sponsors

  • Anderson · Cosponsor
  • Blumenfield · Primary
  • Corbett · Cosponsor
  • Correa · Cosponsor
  • Feuer · Cosponsor
  • Lieu · Cosponsor
  • Logue · Cosponsor
  • Price · Cosponsor
  • Steinberg · Cosponsor
  • Wyland · Cosponsor
  • Beth Gaines · Cosponsor
  • Josh Lowenthal · Cosponsor
  • V. Manuel Pérez · Cosponsor
  • Lisa Calderon · Cosponsor

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 13 co-sponsors · 108 not signed on · 1 voted No

Sponsors (1)

  • Blumenfield

Co-sponsors (13)

Not signed on (108)

108 members have not signed on to this bill.

Show all 108 →

"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 2160 BLUMENFIELD Concurrence in Senate Amendments

Passed 73 Yea · 4 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 72302
Republican 1100
Democratic 0001
Total 73403
% of votes cast 91%5%0%4%
How each member voted (80)
Member Party Vote
Gorell — Yea
Hall — Yea
Butler — Yea
Carter — Yea
Cook — Yea
Hill — Yea
Fong — Yea
Allen — Yea
Olsen — Yea
Yamada — Yea
Furutani — Yea
Galgiani — Yea
Gatto — Yea
Campos — Yea
Portantino — Yea
John A. Pérez — Yea
Mitchell — Yea
Gordon — Yea
Fletcher — Yea
Hagman — Nay
Chesbro — Yea
Halderman — Yea
Bonilla — Yea
Atkins — Yea
Harkey — Yea
Block — Yea
Conway — Yea
Davis — Yea
Dickinson — Yea
Donnelly — Nay
Huber — Yea
Hueso — Yea
Jeffries — Yea
Lara — Yea
Mendoza — Yea
Miller — Yea
Monning — Yea
Morrell — Yea
Nestande — Yea
Nielsen — Yea
Norby — Nay
Perea — Yea
Silva — Yea
Skinner — Yea
Smyth — Yea
Swanson — Yea
Valadao — Yea
Wagner — Yea
Achadjian — Yea
Alejo — Yea
Ammiano — Yea
Beall — Yea
Blumenfield — Yea
Bradford — Yea
Brownley — Yea
Buchanan — Yea
Hayashi — Yea
Huffman — Yea
Knight — Yea
Logue — Yea
Ma — Yea
Mansoor — Not Voting
Pan — Yea
Solorio — Yea
Torres — Yea
Wieckowski — Yea
Williams — Yea
Cedillo — Yea
Eng — Yea
Feuer — Yea
Fuentes — Yea
Garrick — Yea
Beth Gaines — Yea
Bill Berryhill — Yea
Bonnie Lowenthal — Yea
Roger Hernández — Not Voting
V. Manuel Pérez — Yea
Calderon, Lisa Democratic Not Voting
Grove, Shannon Republican Yea
Jones, Brian W. Republican Nay

Official roll call →

3rd Reading AB2160 Blumenfield By Anderson

Passed 38 Yea · 1 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 35101
Republican 1000
Democratic 2000
Total 38101
% of votes cast 95%3%0%3%
How each member voted (40)
Member Party Vote
Yee — Yea
Wyland — Yea
Evans — Yea
Fuller — Yea
Runner — Yea
Lowenthal — Yea
De León — Yea
Hancock — Yea
Negrete McLeod — Yea
Harman — Not Voting
Hernandez — Yea
Rubio — Yea
Huff — Yea
Cannella — Yea
Kehoe — Yea
Leno — Yea
Lieu — Yea
Anderson — Yea
Blakeslee — Yea
Corbett — Yea
Dutton — Yea
Pavley — Yea
Price — Yea
Steinberg — Yea
Walters — Yea
Wolk — Yea
Alquist — Yea
Liu — Yea
Simitian — Yea
Vargas — Yea
Wright — Nay
Emmerson — Yea
Correa — Yea
DeSaulnier — 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 9 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 8000
Democratic 1000
Total 9000
% of votes cast 100%0%0%0%
How each member voted (9)
Member Party Vote
Lowenthal — Yea
Anderson — Yea
Lieu — Yea
Price — Yea
Wyland — Yea
Corbett — Yea
Correa — Yea
Beth Gaines — Yea
Calderon, Lisa Democratic Yea

Official roll call →

AB 2160 BLUMENFIELD Assembly Third Reading

Passed 63 Yea · 4 Nay · 13 Other
Party YeaNayPresentNot Voting
Republican 0101
Unaffiliated 623012
Democratic 1000
Total 634013
% of votes cast 79%5%0%16%
How each member voted (80)
Member Party Vote
Butler — Yea
Feuer — Yea
Fuentes — Yea
Galgiani — Yea
Garrick — Yea
Gordon — Yea
Gorell — Yea
Halderman — Yea
Fong — Yea
Hayashi — Yea
Allen — Yea
Hill — Yea
Huber — Yea
Portantino — Yea
John A. Pérez — Yea
Mitchell — Yea
Hueso — Yea
Alejo — Yea
Ammiano — Yea
Blumenfield — Yea
Carter — Yea
Cedillo — Yea
Cook — Yea
Huffman — Yea
Logue — Yea
Nestande — Yea
Olsen — Yea
Skinner — Yea
Swanson — Yea
Torres — Yea
Williams — Yea
Bonilla — Yea
Chesbro — Yea
Block — Yea
Dickinson — Yea
Mendoza — Yea
Miller — Yea
Monning — Yea
Pan — Yea
Campos — Yea
Lara — Yea
Morrell — Yea
Solorio — Yea
Fletcher — Not Voting
Hagman — Nay
Hall — Not Voting
Atkins — Not Voting
Conway — Not Voting
Knight — Not Voting
Ma — Not Voting
Norby — Nay
Perea — Not Voting
Silva — Not Voting
Wieckowski — Not Voting
Achadjian — Yea
Beall — Yea
Bradford — Yea
Brownley — Yea
Buchanan — Yea
Harkey — Not Voting
Jeffries — Yea
Mansoor — Not Voting
Nielsen — Yea
Smyth — Yea
Valadao — Yea
Wagner — Yea
Eng — Yea
Davis — Yea
Donnelly — Nay
Furutani — Yea
Gatto — Yea
Yamada — Yea
Beth Gaines — Yea
Bill Berryhill — Not Voting
Bonnie Lowenthal — Yea
Roger Hernández — Yea
V. Manuel Pérez — Yea
Calderon, Lisa Democratic Yea
Grove, Shannon Republican Not Voting
Jones, Brian W. Republican Nay

Official roll call →

Do pass as amended.

Passed 8 Yea · 3 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 7302
Democratic 1000
Total 8302
% of votes cast 62%23%0%15%
How each member voted (13)
Member Party Vote
Feuer — Yea
Carter — Yea
Hagman — Nay
Skinner — Yea
Solorio — Yea
Torres — Yea
Wieckowski — Not Voting
Bradford — Yea
Hayashi — Yea
Miller — Nay
Olsen — Not Voting
Beth Gaines — Nay
Calderon, Lisa Democratic Yea

Official roll call →

Subjects

finance health-insurance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 2160 do?
Existing law prohibits domestic insurers from acquiring foreign investments from or located in foreign jurisdictions designated as state sponsors of terrorism by the United States Secretary of State. Existing law, the Iran Contracting Act of 2010, provides that a person whose name appears on a list developed or contracted for development by the Department of General Services as a person determined by the department to be engaged in investment activities in Iran is ineligible to bid on, submit a proposal for, enter into, or renew a contract with a public entity. This bill would require that above-referenced investments by a domestic insurer in companies that are included on the list maintained by the Department of General Services be treated as nonadmitted assets on the financial statements of the domestic insurer. The bill would deem use of the list developed for purposes of the Iran Contracting Act of 2010 as automatic compliance with these requirements. The bill would require the insurer to provide the Department of Insurance, on an annual basis, with a list of the investments the insurer has in companies included on the Department of General Services list.
Who sponsors AB 2160?
AB 2160 is sponsored by Anderson, Blumenfield, Corbett, Correa, Feuer, Lieu, Logue, Price, Steinberg, Wyland, Beth Gaines, Lowenthal, Josh (Democratic), V. Manuel Pérez, and Calderon, Lisa (Democratic).
What is the current status of AB 2160?
This bill has been enacted into law. Introduced February 23, 2012. Enacted.
Where can I track AB 2160?
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