California 2011-2012 Regular Session Status: Enacted

AB 997 — Professional fiduciaries.

Last action — Chaptered by Secretary of State - Chapter 323, Statutes of 2011.

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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 18, 2011. Enacted.

Prognosis

Likely to advance 76% · 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.

  • 4 sponsors

    1 primary, 3 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 7 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, the Professional Fiduciaries Act, provides for the licensure and regulation of professional fiduciaries by the Professional Fiduciaries Bureau within the Department of Consumer Affairs. Existing law defines the term "professional fiduciary" and specifies those entities excluded from that term. This bill would additionally provide that a specified nonprofit corporation or charitable trust meeting certain requirements is not a professional fiduciary subject to the act.

Bill Text

Action History

  1. Chaptered by Secretary of State - Chapter 323, Statutes of 2011.

  2. Approved by the Governor.

  3. Enrolled and presented to the Governor at 1:30 p.m.

  4. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 0. Page 2559.).

  5. In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 24 pursuant to Assembly Rule 77.

  6. Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 2007.).

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

  8. From committee: Be placed on second reading file pursuant to Senate Rule 28.8 and be amended.

  9. From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (June 14). Re-referred to Com. on APPR.

  10. Referred to Com. on JUD.

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

  12. Read third time. Passed. Ordered to the Senate. (Ayes 70. Noes 0. Page 1357.)

  13. Read second time. Ordered to consent calendar.

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

  15. From committee: Do pass as amended. To consent calendar. (Ayes 17. Noes 0.) (May 4).

  16. From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (April 26). Re-referred to Com. on APPR.

  17. Re-referred to Com. on B., P. & C.P.

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

  19. From committee: Do pass and re-refer to Com. on B., P. & C.P. with recommendation: to consent calendar. (Ayes 10. Noes 0.) (April 5). Re-referred to Com. on B., P. & C.P.

  20. Re-referred to Com. on JUD.

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

  22. Referred to Com. on JUD.

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

  24. Read first time. To print.

Sponsors

  • Feuer · Cosponsor
  • Harman · Cosponsor
  • Jeffries · Cosponsor
  • Wagner · Primary

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 3 co-sponsors · 118 not signed on

Sponsors (1)

  • Wagner

Co-sponsors (3)

  • Feuer
  • Harman
  • Jeffries

Not signed on (118)

118 members have not signed on to this bill.

Show all 118 →

"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 997 WAGNER Concurrence in Senate Amendments

Passed 76 Yea · 0 Nay · 4 Other
Party YeaNayPresentNot Voting
Unaffiliated 74003
Republican 2000
Democratic 0001
Total 76004
% of votes cast 95%0%0%5%
How each member voted (80)
Member Party Vote
Butler — Yea
Carter — Yea
Cook — Yea
Huber — Yea
Fong — Yea
Allen — Yea
Logue — Yea
Olsen — Yea
Wagner — Yea
Williams — Yea
Fuentes — Yea
Furutani — Yea
Gatto — Yea
Hagman — Yea
Conway — Yea
Huffman — Yea
Perea — Yea
Skinner — Yea
Swanson — Yea
Davis — Yea
Hueso — Yea
Portantino — Yea
John A. Pérez — Yea
Mitchell — Yea
Fletcher — Yea
Blumenfield — Yea
Knight — Yea
Nestande — Yea
Silva — Yea
Galgiani — Yea
Gordon — Yea
Hayashi — Yea
Jeffries — Yea
Nielsen — Yea
Torres — Yea
Halderman — Yea
Chesbro — Yea
Dickinson — Yea
Hall — Yea
Miller — Yea
Norby — Yea
Pan — Yea
Yamada — Yea
Campos — Yea
Gorell — Not Voting
Atkins — Yea
Bonilla — Not Voting
Block — Yea
Cedillo — Not Voting
Donnelly — Yea
Mendoza — Yea
Monning — Yea
Solorio — Yea
Achadjian — Yea
Alejo — Yea
Ammiano — Yea
Beall — Yea
Bradford — Yea
Brownley — Yea
Buchanan — Yea
Harkey — Yea
Hill — Yea
Lara — Yea
Ma — Yea
Mansoor — Yea
Morrell — Yea
Smyth — Yea
Valadao — Yea
Wieckowski — Yea
Eng — Yea
Feuer — Yea
Garrick — 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

Official roll call →

3rd Reading AB997 Wagner By Harman

Passed 37 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 36001
Republican 0001
Democratic 1001
Total 37003
% of votes cast 93%0%0%8%
How each member voted (40)
Member Party Vote
Yee — Yea
Wyland — Not Voting
Negrete McLeod — Yea
Rubio — Yea
Fuller — Yea
Cannella — Yea
Corbett — Yea
Leno — Yea
Correa — Yea
Dutton — Yea
Vargas — Yea
Hancock — Yea
Harman — Yea
Runner — Yea
Lowenthal — Yea
De León — Yea
Hernandez — Yea
Blakeslee — Yea
DeSaulnier — Yea
Huff — Yea
Kehoe — Yea
Lieu — Yea
Liu — Yea
Price — Yea
Walters — Yea
Wright — Yea
Alquist — Yea
Anderson — Yea
Pavley — Yea
Simitian — Yea
Steinberg — Yea
Wolk — Yea
Emmerson — Yea
Evans — Yea
Beth Gaines — Yea
Bill Berryhill — Yea
La Malfa — Yea
Calderon, Lisa Democratic Not Voting
Padilla, Stephen C. Democratic Yea
Strickland, Tony Republican Not Voting

Official roll call →

AB 997 WAGNER Consent Calendar Second Day

Passed 70 Yea · 0 Nay · 10 Other
Party YeaNayPresentNot Voting
Unaffiliated 650010
Democratic 3000
Republican 2000
Total 700010
% of votes cast 88%0%0%13%
How each member voted (80)
Member Party Vote
Butler — Yea
Feuer — Yea
Furutani — Yea
Galgiani — Yea
Gatto — Yea
Gordon — Yea
Carter — Yea
Hagman — Yea
Halderman — Yea
Chesbro — Yea
John A. Pérez — Yea
Hall — Yea
Fletcher — Yea
Harkey — Yea
Hill — Yea
Cook — Yea
Huber — Yea
Bonilla — Yea
Ammiano — Yea
Beall — Yea
Davis — Yea
Dickinson — Yea
Huffman — Yea
Jeffries — Yea
Knight — Yea
Mendoza — Yea
Miller — Yea
Nestande — Yea
Nielsen — Yea
Norby — Yea
Olsen — Yea
Perea — Yea
Skinner — Yea
Smyth — Yea
Swanson — Yea
Valadao — Yea
Yamada — Yea
Atkins — Yea
Portantino — Not Voting
Mitchell — Not Voting
Campos — Yea
Cedillo — Not Voting
Conway — Not Voting
Garrick — Not Voting
Gorell — Not Voting
Donnelly — Yea
Lara — Yea
Monning — Yea
Morrell — Yea
Torres — Not Voting
Wieckowski — Yea
Achadjian — Yea
Alejo — Not Voting
Block — Yea
Blumenfield — Yea
Bradford — Yea
Brownley — Yea
Buchanan — Yea
Hayashi — Yea
Hueso — Yea
Logue — Yea
Ma — Yea
Mansoor — Yea
Pan — Yea
Silva — Yea
Solorio — Yea
Wagner — Yea
Williams — Yea
Eng — Yea
Fuentes — Yea
Beth Gaines — Yea
Bill Berryhill — Yea
Bonnie Lowenthal — Not Voting
Roger Hernández — Not Voting
V. Manuel Pérez — Yea
Allen, Benjamin Democratic Yea
Calderon, Lisa Democratic Yea
Fong, Mike Democratic Yea
Grove, Shannon Republican Yea
Jones, Brian W. Republican Yea

Official roll call →

Do pass as amended, to Consent Calendar.

Passed 17 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 16000
Democratic 1000
Total 17000
% of votes cast 100%0%0%0%
How each member voted (17)
Member Party Vote
Campos — Yea
Fuentes — Yea
Gatto — Yea
Hall — Yea
Mitchell — Yea
Lara — Yea
Donnelly — Yea
Nielsen — Yea
Norby — Yea
Solorio — Yea
Wagner — Yea
Blumenfield — Yea
Bradford — Yea
Harkey — Yea
Hill — Yea
Davis — Yea
Calderon, Lisa Democratic Yea

Official roll call →

Subjects

finance labor
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 997 do?
Existing law, the Professional Fiduciaries Act, provides for the licensure and regulation of professional fiduciaries by the Professional Fiduciaries Bureau within the Department of Consumer Affairs. Existing law defines the term "professional fiduciary" and specifies those entities excluded from that term. This bill would additionally provide that a specified nonprofit corporation or charitable trust meeting certain requirements is not a professional fiduciary subject to the act.
Who sponsors AB 997?
AB 997 is sponsored by Feuer, Harman, Jeffries, and Wagner.
What is the current status of AB 997?
This bill has been enacted into law. Introduced February 18, 2011. Enacted.
Where can I track AB 997?
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Last checked for changes 3 months ago · updated continuously

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