California 2013-2014 Regular Session Status: Enacted

AB 382 — State and local government: alternative investments: public access.

Last action — Chaptered by Secretary of State - Chapter 326, Statutes of 2013.

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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 14, 2013. Enacted.

Prognosis

Likely to advance 70% · 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.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • 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

Action History

  1. Chaptered by Secretary of State - Chapter 326, Statutes of 2013.

  2. Approved by the Governor.

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

  4. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 68. Noes 6. Page 2690.).

  5. In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 21 pursuant to Assembly Rule 77.

  6. Read third time. Passed. Ordered to the Assembly. (Ayes 28. Noes 9. Page 1880.).

  7. Read second time. Ordered to third reading.

  8. From committee: Do pass. (Ayes 6. Noes 1.) (June 26).

  9. 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.

  10. In committee: Set, first hearing. Hearing canceled at the request of author.

  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 67. Noes 2. Page 1455.)

  14. Read second time. Ordered to third reading.

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

  16. Re-referred to Com. on L. GOV.

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

  18. 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.

  19. Re-referred to Com. on JUD.

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

  21. Referred to Coms. on JUD. and L. GOV.

  22. From printer. May be heard in committee March 17.

  23. 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.

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

Passed 68 Yea · 6 Nay · 4 Other
Party YeaNayPresentNot Voting
Unaffiliated 62504
Democratic 4000
Republican 2100
Total 68604
% 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

Official roll call →

Passed 28 Yea · 9 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 25902
Democratic 3000
Total 28902
% 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

Official roll call →

Do pass.

Passed 6 Yea · 1 Nay
Party YeaNayPresentNot Voting
Unaffiliated 6100
Total 6100
% 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

Official roll call →

Passed 67 Yea · 2 Nay · 10 Other
Party YeaNayPresentNot Voting
Unaffiliated 59207
Democratic 6001
Republican 2002
Total 672010
% 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

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
Achadjian — Yea
Alejo — Yea
Bradford — Yea
Melendez — Yea
Gordon — Yea
Levine — Yea
Mullin — Yea
Rendon — Yea
Waldron — Not Voting

Official roll call →

Subjects

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 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?
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