California 2017-2018 Regular Session Status: In Committee

AB 2709 — Class actions: judgments: residual funds.

Last action — In committee: Hearing postponed by committee.

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

This bill died with 2017-2018 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Existing law declares that the policy of the State of California is to ensure that the unpaid cash residue and unclaimed or abandoned funds in class action litigation are distributed appropriately. Existing law prescribes the allocation of any unpaid cash residue or unclaimed or abandoned class member funds generally attributable to California residents, plus any accrued interest that has not otherwise been distributed. Specifically, existing law requires 25% of these funds to be transmitted to the State Treasury for deposit in the Trial Court Improvement and Modernization Fund; 25% to be transmitted to the State Treasury for deposit in the Equal Access Fund of the Judicial Branch; and the remaining 50% to be transmitted to other enumerated programs, such as nonprofit organizations and foundations providing civil legal services to the indigent. This bill would add nonprofit organizations or advocacy programs providing legal services to victims of sexual harassment, pay inequity, or race, ethnicity, or age discrimination to the enumerated programs described above.

Bill Text

Action History

  1. In committee: Hearing postponed by committee.

  2. Re-referred to Com. on JUD.

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

  4. Referred to Com. on JUD.

  5. From printer. May be heard in committee March 18.

  6. Read first time. To print.

Sponsors

  • Cooper · Primary

Sponsorship breakdown

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

Sponsors (1)

  • Cooper

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

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"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.

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Subjects

finance civil-rights labor
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Frequently asked questions

What does AB 2709 do?
Existing law declares that the policy of the State of California is to ensure that the unpaid cash residue and unclaimed or abandoned funds in class action litigation are distributed appropriately. Existing law prescribes the allocation of any unpaid cash residue or unclaimed or abandoned class member funds generally attributable to California residents, plus any accrued interest that has not otherwise been distributed. Specifically, existing law requires 25% of these funds to be transmitted to the State Treasury for deposit in the Trial Court Improvement and Modernization Fund; 25% to be transmitted to the State Treasury for deposit in the Equal Access Fund of the Judicial Branch; and the remaining 50% to be transmitted to other enumerated programs, such as nonprofit organizations and foundations providing civil legal services to the indigent. This bill would add nonprofit organizations or advocacy programs providing legal services to victims of sexual harassment, pay inequity, or race, ethnicity, or age discrimination to the enumerated programs described above.
Who sponsors AB 2709?
AB 2709 is sponsored by Cooper.
What is the current status of AB 2709?
This bill died with 2017-2018 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 2709?
Track AB 2709 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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