California 2013-2014 Regular Session Status: Enacted

AB 2024 — Professional fiduciaries.

Last action — Chaptered by Secretary of State - Chapter 336, Statutes of 2014.

  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 20, 2014. 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

(1) Under the Professional Fiduciaries Act, the Professional Fiduciaries Bureau, until January 1, 2015, licenses and regulates professional fiduciaries. The act prohibits a professional fiduciary from operating with an expired, suspended, or revoked license. This bill would also prohibit a professional fiduciary from operating with a retired or canceled license. The bill would provide that a license that is not renewed within 3 years following its expiration shall not be renewed, restored, or reinstated, and would require the license to be canceled immediately upon expiration of the 3-year period. The bill would authorize the bureau to establish by regulation a system for the placement of a license into retired status, as specified, for a professional fiduciary who is not actively engaged in the practice of a professional fiduciary or any activity that requires him or her to be licensed by the bureau. (2) The act authorizes the bureau, upon its own, and requires the bureau, upon the receipt of a complaint from any person, to investigate the actions of any professional fiduciary. This bill would expand the bureau's authority and obligation to investigate a person who holds a license that either restricts or prohibits that person from practicing as a professional fiduciary, including, but not limited to, a license that is retired, inactive, canceled, or suspended. (3) Under the act, the bureau sets licensing and renewal licensing fees by regulation at an amount necessary to recover the costs to the bureau in carrying out the provisions of the act, and all fees collected are paid into the Professional Fiduciary Fund. This bill would require the bureau to set fees to designate a license status of retired or inactive, or to reinstate a license to active from retired or inactive status. The bill would require the bureau to set those fees by regulation at amounts necessary to recover the reasonable costs of the bureau in carrying out those functions.

Bill Text

Action History

  1. Chaptered by Secretary of State - Chapter 336, Statutes of 2014.

  2. Approved by the Governor.

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

  4. In Assembly. Ordered to Engrossing and Enrolling.

  5. Read third time. Passed. Ordered to the Assembly. (Ayes 33. Noes 0. Page 4607.).

  6. Read second time. Ordered to third reading.

  7. From committee: Do pass. (Ayes 6. Noes 0.) (June 30).

  8. From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (June 16). Re-referred to Com. on APPR.

  9. In committee: Hearing postponed by committee.

  10. Referred to Com. on B., P. & E.D.

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

  12. Read third time. Passed. Ordered to the Senate. (Ayes 73. Noes 0. Page 4849.)

  13. Read second time. Ordered to consent calendar.

  14. From committee: Do pass. To consent calendar. (Ayes 17. Noes 0.) (April 30).

  15. From committee: Do pass and re-refer to Com. on APPR. with recommendation: to consent calendar. (Ayes 14. Noes 0.) (April 22). Re-referred to Com. on APPR.

  16. Referred to Com. on B.,P. & C.P.

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

  18. Read first time. To print.

Sponsors

  • Bonilla · Primary

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

  • Bonilla

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

3rd Reading AB2024 Bonilla By Lieu

Passed 33 Yea · 0 Nay · 7 Other
Party YeaNayPresentNot Voting
Unaffiliated 31006
Democratic 2001
Total 33007
% of votes cast 83%0%0%18%
How each member voted (40)
Member Party Vote
Anderson — Yea
Beall — Yea
Hernandez — Yea
Knight — Yea
Roth — Yea
Correa — Yea
Wyland — Yea
DeSaulnier — Yea
Evans — Yea
Fuller — Yea
Cannella — Yea
Hueso — Yea
Mitchell — Yea
Huff — Yea
Block — Yea
Leno — Yea
Lieu — Yea
Liu — Yea
Nielsen — Yea
Steinberg — Yea
Torres — Yea
Wright — Not Voting
De León — Not Voting
Hancock — Not Voting
Hill — Yea
Lara — Not Voting
Corbett — Yea
Monning — Yea
Morrell — Yea
Pavley — Yea
Vidak — Yea
Walters — Not Voting
Wolk — Yea
Galgiani — Yea
Yee — Not Voting
Beth Gaines — Yea
Bill Berryhill — Yea
Calderon, Lisa Democratic Not Voting
Jackson, Corey A. Democratic Yea
Padilla, Stephen C. Democratic Yea

Official roll call →

Do pass.

Passed 6 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 5001
Democratic 1000
Total 6001
% of votes cast 86%0%0%14%
How each member voted (7)
Member Party Vote
Hill — Yea
Lara — Yea
Steinberg — Yea
De León — Yea
Walters — Yea
Beth Gaines — Not Voting
Padilla, Stephen C. Democratic Yea

Official roll call →

AB 2024 BONILLA Consent Calendar Second Day

Passed 73 Yea · 0 Nay · 6 Other
Party YeaNayPresentNot Voting
Unaffiliated 66006
Democratic 4000
Republican 3000
Total 73006
% of votes cast 92%0%0%8%
How each member voted (79)
Member Party Vote
Achadjian — Yea
Bradford — Yea
Brown — Yea
Buchanan — Yea
Jones-Sawyer — Yea
Linder — Yea
Maienschein — Yea
Mansoor — Not Voting
Nazarian — Yea
Quirk — Yea
Rodriguez — Yea
Waldron — Yea
Wilk — Yea
Yamada — Yea
Allen — Yea
Campos — Yea
Chávez — Yea
Cooley — Yea
Dababneh — Yea
Lowenthal — Yea
Frazier — Yea
Garcia — Yea
Gatto — Yea
Atkins — Yea
Gomez — Yea
Fong — Yea
Daly — Yea
Dickinson — Yea
Bonilla — Yea
Gordon — Yea
Harkey — Yea
Holden — Yea
Bocanegra — Yea
Levine — Yea
Logue — Yea
John A. Pérez — Yea
Medina — Yea
Salas — Yea
Donnelly — Yea
Melendez — Yea
Mullin — Yea
Alejo — Yea
Ammiano — Yea
Bigelow — Yea
Bloom — Yea
Olsen — Yea
Pan — Yea
Perea — Yea
Rendon — Yea
Ridley-Thomas — Yea
Skinner — Yea
Wagner — Yea
Weber — Yea
Wieckowski — Yea
Williams — Yea
Gray — Not Voting
Chau — Yea
Chesbro — Yea
Conway — Yea
Nestande — Yea
Ting — Yea
Eggman — Not Voting
Fox — Yea
Gorell — Not Voting
Hagman — Yea
Hall — Not Voting
Beth Gaines — Yea
Jim Patterson — Yea
Lorena Gonzalez — Yea
Mark Stone — Yea
Roger Hernández — Yea
V. Manuel Pérez — Not Voting
Bonta, Mia Democratic Yea
Calderon, Lisa Democratic Yea
Muratsuchi, Al Democratic Yea
Quirk-Silva, Sharon Democratic Yea
Dahle, Megan Republican Yea
Grove, Shannon Republican Yea
Jones, Brian W. Republican Yea

Official roll call →

Do pass, to Consent Calendar.

Passed 17 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 15000
Republican 1000
Democratic 1000
Total 17000
% of votes cast 100%0%0%0%
How each member voted (17)
Member Party Vote
Bigelow — Yea
Bradford — Yea
Linder — Yea
Ridley-Thomas — Yea
Campos — Yea
Gatto — Yea
Gomez — Yea
Bocanegra — Yea
Holden — Yea
Donnelly — Yea
Eggman — Yea
Pan — Yea
Quirk — Yea
Wagner — Yea
Weber — Yea
Calderon, Lisa Democratic Yea
Jones, Brian W. Republican Yea

Official roll call →

Do pass and re-refer to Committee on Appropriations with recommendation: To Consent Calendar.

Passed 14 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 13000
Republican 1000
Total 14000
% of votes cast 100%0%0%0%
How each member voted (14)
Member Party Vote
Maienschein — Yea
Mullin — Yea
Skinner — Yea
Bocanegra — Yea
Bonilla — Yea
Hagman — Yea
Holden — Yea
Campos — Yea
Dickinson — Yea
Eggman — Yea
Ting — Yea
Wilk — Yea
Gordon — Yea
Jones, Brian W. Republican Yea

Official roll call →

Subjects

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 2024 do?
(1) Under the Professional Fiduciaries Act, the Professional Fiduciaries Bureau, until January 1, 2015, licenses and regulates professional fiduciaries. The act prohibits a professional fiduciary from operating with an expired, suspended, or revoked license. This bill would also prohibit a professional fiduciary from operating with a retired or canceled license. The bill would provide that a license that is not renewed within 3 years following its expiration shall not be renewed, restored, or reinstated, and would require the license to be canceled immediately upon expiration of the 3-year period. The bill would authorize the bureau to establish by regulation a system for the placement of a license into retired status, as specified, for a professional fiduciary who is not actively engaged in the practice of a professional fiduciary or any activity that requires him or her to be licensed by the bureau. (2) The act authorizes the bureau, upon its own, and requires the bureau, upon the receipt of a complaint from any person, to investigate the actions of any professional fiduciary. This bill would expand the bureau's authority and obligation to investigate a person who holds a license that either restricts or prohibits that person from practicing as a professional fiduciary, including, but not limited to, a license that is retired, inactive, canceled, or suspended. (3) Under the act, the bureau sets licensing and renewal licensing fees by regulation at an amount necessary to recover the costs to the bureau in carrying out the provisions of the act, and all fees collected are paid into the Professional Fiduciary Fund. This bill would require the bureau to set fees to designate a license status of retired or inactive, or to reinstate a license to active from retired or inactive status. The bill would require the bureau to set those fees by regulation at amounts necessary to recover the reasonable costs of the bureau in carrying out those functions.
Who sponsors AB 2024?
AB 2024 is sponsored by Bonilla.
What is the current status of AB 2024?
This bill has been enacted into law. Introduced February 20, 2014. Enacted.
Where can I track AB 2024?
Track AB 2024 free on One Click Politics — get push/email alerts when it moves.

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