State and local government: alternative investments: public access.
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AB 382 — State and local government: alternative investments: public access.
Last action — Chaptered by Secretary of State - Chapter 326, Statutes of 2013.
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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✓Passed Assembly
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 14, 2013. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Cleared a recorded vote
Passed 6 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 California Public Records Act, requires state agencies and local agencies to make public records available for inspection, subject to specified criteria, and with specified exceptions. Existing law excludes from disclosure records of public investment funds regarding alternative investments, as defined, unless the information has already been publicly released by the keeper of the information. Existing law defines an alternative investment to mean an investment in a private equity fund, venture fund, hedge fund, or absolute return fund. Existing law, the Ralph M. Brown Act, requires the meetings of the legislative body of a local agency to be conducted openly and publicly, with specified exceptions. Existing law makes agendas of public meetings and other writings distributed to the members of the governing board disclosable public records, with certain exceptions. Existing law authorizes the legislative body of a local agency that invests pension funds to hold a meeting in closed session to consider the purchase or sale of particular, specific pension fund investments. This bill would include prescribed documents dealing with alternative investments within the exceptions to the requirement for disclosure of documents related to public meetings. Existing constitutional provisions require that a statute that limits the right of access to the meetings of public bodies or the writings of public officials and agencies be adopted with findings demonstrating the interest protected by the limitation and the need for protecting that interest. This bill would make legislative findings to that effect.
Bill Text
- Chaptered 09/23/13 - Chaptered Current pdf September 23, 2013
- Enrolled 08/28/13 - Enrolled pdf August 28, 2013
- Amended 06/19/13 - Amended Senate pdf June 19, 2013
- Amended 04/30/13 - Amended Assembly pdf April 30, 2013
- Amended 04/15/13 - Amended Assembly pdf April 15, 2013
- Introduced 02/14/13 - Introduced pdf February 14, 2013
- AB382 View text html
Action History
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Chaptered by Secretary of State - Chapter 326, Statutes of 2013.
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Approved by the Governor.
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Enrolled and presented to the Governor at 2 p.m.
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Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 68. Noes 6. Page 2690.).
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In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 21 pursuant to Assembly Rule 77.
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Read third time. Passed. Ordered to the Assembly. (Ayes 28. Noes 9. Page 1880.).
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Read second time. Ordered to third reading.
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From committee: Do pass. (Ayes 6. Noes 1.) (June 26).
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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.
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In committee: Set, first hearing. Hearing canceled at the request of author.
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Referred to Com. on GOV. & F.
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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 67. Noes 2. Page 1455.)
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Read second time. Ordered to third reading.
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From committee: Do pass. (Ayes 8. Noes 0.) (May 8).
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Re-referred to Com. on L. GOV.
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From committee chair, with author's amendments: Amend, and re-refer to Com. on L. GOV. Read second time and amended.
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From committee: Do pass and re-refer to Com. on L. GOV. (Ayes 9. Noes 1.) (April 23). Re-referred to Com. on L. GOV.
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Re-referred to Com. on JUD.
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From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.
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Referred to Coms. on JUD. and L. GOV.
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From printer. May be heard in committee March 17.
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Read first time. To print.
Sponsors
- Mullin · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on · 2 voted No
Sponsors (1)
- Mullin
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 | 62 | 5 | 0 | 4 |
| Democratic | 4 | 0 | 0 | 0 |
| Republican | 2 | 1 | 0 | 0 |
| Total | 68 | 6 | 0 | 4 |
| % of votes cast | 87% | 8% | 0% | 5% |
How each member voted (78)
| Member | Party | Vote |
|---|---|---|
| Achadjian | — | Yea |
| Alejo | — | Yea |
| Bloom | — | Yea |
| Bradford | — | Yea |
| Brown | — | Yea |
| Buchanan | — | Yea |
| Levine | — | Yea |
| Logue | — | Yea |
| Mansoor | — | Nay |
| Mullin | — | Yea |
| Olsen | — | Nay |
| Quirk | — | Yea |
| Skinner | — | Yea |
| Ting | — | Yea |
| Weber | — | Yea |
| Williams | — | Yea |
| Chau | — | Yea |
| Conway | — | Yea |
| Daly | — | Yea |
| Lowenthal | — | Yea |
| Gomez | — | Yea |
| Gordon | — | Yea |
| Garcia | — | Yea |
| Gray | — | Yea |
| Atkins | — | Yea |
| Hagman | — | Yea |
| Fong | — | Yea |
| Mitchell | — | Yea |
| Bigelow | — | Yea |
| Hall | — | Yea |
| Holden | — | Yea |
| Linder | — | Yea |
| Nazarian | — | Yea |
| Wilk | — | Yea |
| Bonilla | — | Yea |
| Jones-Sawyer | — | Yea |
| Medina | — | Yea |
| Melendez | — | Yea |
| Morrell | — | Yea |
| Bocanegra | — | Yea |
| Pan | — | Yea |
| Harkey | — | Not Voting |
| John A. Pérez | — | Yea |
| Campos | — | Yea |
| Cooley | — | Yea |
| Dickinson | — | Yea |
| Eggman | — | Yea |
| Perea | — | Yea |
| Rendon | — | Yea |
| Wieckowski | — | Yea |
| Salas | — | Yea |
| Maienschein | — | Nay |
| Chesbro | — | Yea |
| Nestande | — | Yea |
| Allen | — | Nay |
| Chávez | — | Yea |
| Ammiano | — | Nay |
| Donnelly | — | Not Voting |
| Wagner | — | Yea |
| Waldron | — | Not Voting |
| Fox | — | Yea |
| Frazier | — | Yea |
| Gatto | — | Yea |
| Yamada | — | Yea |
| Gorell | — | Yea |
| Beth Gaines | — | Yea |
| Jim Patterson | — | Not Voting |
| Lorena Gonzalez | — | Yea |
| Mark Stone | — | Yea |
| Roger Hernández | — | Yea |
| V. Manuel Pérez | — | Yea |
| Bonta, Mia | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Muratsuchi, Al | Democratic | Yea |
| Quirk-Silva, Sharon | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Grove, Shannon | Republican | Nay |
| Jones, Brian W. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 25 | 9 | 0 | 2 |
| Democratic | 3 | 0 | 0 | 0 |
| Total | 28 | 9 | 0 | 2 |
| % of votes cast | 72% | 23% | 0% | 5% |
How each member voted (39)
| Member | Party | Vote |
|---|---|---|
| Beall | — | Yea |
| Huff | — | Nay |
| Leno | — | Not Voting |
| Liu | — | Yea |
| Pavley | — | Not Voting |
| Steinberg | — | Yea |
| Walters | — | Nay |
| Wright | — | Yea |
| Emmerson | — | Yea |
| Correa | — | Yea |
| Evans | — | Yea |
| Wyland | — | Nay |
| Cannella | — | Yea |
| De León | — | Yea |
| Fuller | — | Nay |
| Corbett | — | Yea |
| Hernandez | — | Yea |
| Anderson | — | Nay |
| Block | — | Yea |
| Hill | — | Yea |
| Hueso | — | Yea |
| Knight | — | Nay |
| Lara | — | Yea |
| Lieu | — | Yea |
| Monning | — | Yea |
| Nielsen | — | Nay |
| Roth | — | Yea |
| Torres | — | Yea |
| Vidak | — | Nay |
| Wolk | — | Yea |
| DeSaulnier | — | Yea |
| Galgiani | — | Yea |
| Yee | — | Yea |
| Hancock | — | Yea |
| Beth Gaines | — | Yea |
| Bill Berryhill | — | Nay |
| Calderon, Lisa | Democratic | Yea |
| Jackson, Corey A. | Democratic | Yea |
| Padilla, Stephen C. | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 6 | 1 | 0 | 0 |
| Total | 6 | 1 | 0 | 0 |
| % of votes cast | 86% | 14% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Wolk | — | Yea |
| Emmerson | — | Yea |
| Hernandez | — | Yea |
| Knight | — | Nay |
| Liu | — | Yea |
| DeSaulnier | — | Yea |
| Beall | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 59 | 2 | 0 | 7 |
| Democratic | 6 | 0 | 0 | 1 |
| Republican | 2 | 0 | 0 | 2 |
| Total | 67 | 2 | 0 | 10 |
| % of votes cast | 85% | 3% | 0% | 13% |
How each member voted (79)
| Member | Party | Vote |
|---|---|---|
| Achadjian | — | Yea |
| Ammiano | — | Yea |
| Bigelow | — | Yea |
| Blumenfield | — | Yea |
| Bradford | — | Yea |
| Brown | — | Yea |
| Buchanan | — | Yea |
| Harkey | — | Not Voting |
| Holden | — | Not Voting |
| Jones-Sawyer | — | Yea |
| Logue | — | Yea |
| Mansoor | — | Nay |
| Olsen | — | Nay |
| Pan | — | Yea |
| Perea | — | Yea |
| Skinner | — | Yea |
| Wagner | — | Yea |
| Wieckowski | — | Yea |
| Wilk | — | Yea |
| Chesbro | — | Yea |
| Chávez | — | Yea |
| Linder | — | Yea |
| Nazarian | — | Yea |
| Waldron | — | Yea |
| Bonilla | — | Yea |
| Lowenthal | — | Yea |
| Gray | — | Yea |
| Atkins | — | Yea |
| Gomez | — | Yea |
| Mitchell | — | Yea |
| Gordon | — | Yea |
| Quirk | — | Yea |
| Alejo | — | Yea |
| Torres | — | Yea |
| Medina | — | Yea |
| Bloom | — | Yea |
| Levine | — | Yea |
| Mullin | — | Yea |
| Rendon | — | Yea |
| Campos | — | Yea |
| Cooley | — | Yea |
| Williams | — | Yea |
| Chau | — | Yea |
| Bocanegra | — | Yea |
| Weber | — | Yea |
| John A. Pérez | — | Yea |
| Salas | — | Yea |
| Dickinson | — | Yea |
| Conway | — | Yea |
| Morrell | — | Not Voting |
| Nestande | — | Yea |
| Ting | — | Yea |
| Stone | — | Not Voting |
| Maienschein | — | Not Voting |
| Melendez | — | Not Voting |
| Daly | — | Yea |
| Donnelly | — | Not Voting |
| Eggman | — | Yea |
| Fox | — | Yea |
| Frazier | — | Yea |
| Gatto | — | Yea |
| Yamada | — | Yea |
| Gorell | — | Yea |
| Hagman | — | Yea |
| Hall | — | Yea |
| Beth Gaines | — | Yea |
| Roger Hernández | — | Yea |
| V. Manuel Pérez | — | Yea |
| Allen, Benjamin | Democratic | Not Voting |
| Bonta, Mia | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Fong, Mike | Democratic | Yea |
| Garcia, Robert | Democratic | Yea |
| Muratsuchi, Al | Democratic | Yea |
| Quirk-Silva, Sharon | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Grove, Shannon | Republican | Not Voting |
| Jones, Brian W. | Republican | Yea |
| Patterson, Joe | Republican | Not Voting |
| 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 |
|---|---|---|
| Achadjian | — | Yea |
| Alejo | — | Yea |
| Bradford | — | Yea |
| Melendez | — | Yea |
| Gordon | — | Yea |
| Levine | — | Yea |
| Mullin | — | Yea |
| Rendon | — | Yea |
| Waldron | — | Not Voting |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 7 | 1 | 0 | 0 |
| Democratic | 2 | 0 | 0 | 0 |
| Total | 9 | 1 | 0 | 0 |
| % of votes cast | 90% | 10% | 0% | 0% |
How each member voted (10)
| Member | Party | Vote |
|---|---|---|
| Alejo | — | Yea |
| Maienschein | — | Nay |
| Chau | — | Yea |
| Stone | — | Yea |
| Gorell | — | Yea |
| Wagner | — | Yea |
| Wieckowski | — | Yea |
| Dickinson | — | Yea |
| Garcia, Robert | Democratic | Yea |
| Muratsuchi, Al | Democratic | Yea |
Subjects
Frequently asked questions
- What does AB 382 do?
- Existing law, the California Public Records Act, requires state agencies and local agencies to make public records available for inspection, subject to specified criteria, and with specified exceptions. Existing law excludes from disclosure records of public investment funds regarding alternative investments, as defined, unless the information has already been publicly released by the keeper of the information. Existing law defines an alternative investment to mean an investment in a private equity fund, venture fund, hedge fund, or absolute return fund. Existing law, the Ralph M. Brown Act, requires the meetings of the legislative body of a local agency to be conducted openly and publicly, with specified exceptions. Existing law makes agendas of public meetings and other writings distributed to the members of the governing board disclosable public records, with certain exceptions. Existing law authorizes the legislative body of a local agency that invests pension funds to hold a meeting in closed session to consider the purchase or sale of particular, specific pension fund investments. This bill would include prescribed documents dealing with alternative investments within the exceptions to the requirement for disclosure of documents related to public meetings. Existing constitutional provisions require that a statute that limits the right of access to the meetings of public bodies or the writings of public officials and agencies be adopted with findings demonstrating the interest protected by the limitation and the need for protecting that interest. This bill would make legislative findings to that effect.
- Who sponsors AB 382?
- AB 382 is sponsored by Mullin.
- What is the current status of AB 382?
- This bill has been enacted into law. Introduced February 14, 2013. Enacted.
- Where can I track AB 382?
- Track AB 382 free on One Click Politics — get push/email alerts when it moves.
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