California 2019-2020 Regular Session Status: Passed Senate Bipartisan · 1 D · 1 R cosponsors

SB 290 — Natural disasters: insurance and related alternative risk transfer products: Special Fund for Economic Uncertainties.

Last action — August 30 hearing: Held in committee and under submission.

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

This bill died with 2019-2020 Regular Session. It reached “Passed Senate” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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, the California Emergency Services Act, among other things, vests the Governor with various powers and duties related to that act, including coordinating the State Emergency Plan and those programs necessary for the mitigation of the effects of an emergency in this state. Existing law authorizes the Governor to expend any appropriation for support of the California Emergency Services Act to carry out its provisions. Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and prescribes the commissioner's powers and duties, including a duty to convene a working group to identify, assess, and recommend risk transfer market mechanisms that promote investment in natural infrastructure to reduce the risks of climate change related to catastrophic events, create incentives for investment in natural infrastructure to reduce risks to communities, and provide mitigation incentives for private investment in natural lands to lessen exposure and reduce climate risks to public safety, property, utilities, and infrastructure. Existing law establishes the Special Fund for Economic Uncertainties, a continuously appropriated fund, and requires the Controller to transfer as necessary from that fund to the unappropriated balance of the General Fund an amount necessary to eliminate any General Fund deficit as of the end of each fiscal year. Existing law also continuously appropriates moneys in the Special Fund for Economic Uncertainties to the Director of Finance for the purpose of allocating funds for disaster relief, as specified. This bill would authorize the Governor to purchase insurance, reinsurance, insurance linked securities, or other related alternative risk transfer products for the State of California to help mitigate against costs incurred by the state in response to a mudslide, wildfire, or flood. The bill would require the Office of Emergency Services, or another agency designated by the Governor, to work with the Treasurer and the Insurance Commissioner to determine the appropriate product to be purchased by the state pursuant to these provisions. The bill would authorize the Office of Emergency Services, or the Governor's designee, the Treasurer, and the Insurance Commissioner to consult with the working group described above when implementing these provisions. The bill would continuously appropriate moneys in the Special Fund for Economic Uncertainties to the Director of Finance, and would authorize the Director of Finance to allocate funds from the Special Fund for Economic Uncertainties to the Governor, for these purposes, thereby making an appropriation.

Bill Text

Action History

  1. August 30 hearing: Held in committee and under submission.

  2. August 14 set for first hearing. Placed on APPR. suspense file.

  3. From committee with author's amendments. Read second time and amended. Re-referred to Com. on APPR.

  4. (Received at desk July 10 pursuant to JR 61(a)(10)).

  5. From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 19. Noes 0.) (July 10). Re-referred to Com. on APPR.

  6. From committee: Do pass and re-refer to Com. on G.O. (Ayes 14. Noes 0.) (June 26). Re-referred to Com. on G.O.

  7. Re-referred to Coms. on INS. and G.O. pursuant to Assembly Rule 96.

  8. From committee with author's amendments. Read second time and amended. Re-referred to Com. on G.O.

  9. Referred to Coms. on G.O. and INS.

  10. In Assembly. Read first time. Held at Desk.

  11. Read third time. Passed. (Ayes 38. Noes 0. Page 1274.) Ordered to the Assembly.

  12. Ordered to special consent calendar.

  13. Read second time. Ordered to third reading.

  14. From committee: Do pass. (Ayes 6. Noes 0. Page 1095.) (May 16).

  15. Set for hearing May 16.

  16. April 22 hearing: Placed on APPR. suspense file.

  17. Set for hearing April 22.

  18. Re-referred to Com. on APPR.

  19. Withdrawn from committee.

  20. From committee: Do pass and re-refer to Com. on RLS. (Ayes 15. Noes 0. Page 437.) (March 26). Re-referred to Com. on RLS.

  21. Set for hearing March 26.

  22. Referred to Coms. on G.O. and RLS.

  23. From printer. May be acted upon on or after March 17.

  24. Introduced. Read first time. To Com. on RLS. for assignment. To print.

Sponsors

Sponsorship breakdown

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

Sponsors (1)

  • Dodd

Co-sponsors (3)

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

Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar

Passed 19 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 11001
Republican 2000
Democratic 6001
Total 19002
% of votes cast 90%0%0%10%
How each member voted (21)
Member Party Vote
Salas — Yea
Brough — Yea
Mathis — Yea
Bigelow — Yea
Cooley — Yea
Gray — Yea
Daly — Yea
Jones-Sawyer — Yea
Cooper — Yea
Melendez — Yea
Low — Not Voting
Eduardo Garcia — Yea
Aguiar-Curry, Cecilia M. Democratic Yea
Berman, Marc Democratic Yea
Bonta, Mia Democratic Yea
Gipson, Mike A. Democratic Not Voting
Quirk-Silva, Sharon Democratic Yea
Rivas, Robert Democratic Yea
Rubio, Blanca E. Democratic Yea
Gallagher, James Republican Yea
Lackey, Tom Republican Yea

Official roll call →

Do pass and be re-referred to the Committee on [Governmental Organization]

Passed 14 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democratic 4000
Unaffiliated 9000
Republican 1000
Total 14000
% of votes cast 100%0%0%0%
How each member voted (14)
Member Party Vote
Cooper — Yea
Voepel — Yea
Mayes — Yea
Kamlager-Dove — Yea
Frazier — Yea
Bigelow — Yea
Daly — Yea
Cooley — Yea
Chu — Yea
Berman, Marc Democratic Yea
Calderon, Lisa Democratic Yea
Gipson, Mike A. Democratic Yea
Grayson, Timothy S. Democratic Yea
Chen, Phillip Republican Yea

Official roll call →

Special Consent SB290

Passed 38 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 27000
Democratic 9000
Republican 2000
Total 38000
% of votes cast 100%0%0%0%
How each member voted (38)
Member Party Vote
Rubio — Yea
Monning — Yea
Wieckowski — Yea
Mitchell — Yea
Bradford — Yea
Wilk — Yea
Beall — Yea
Atkins — Yea
Hill — Yea
Roth — Yea
Morrell — Yea
Hueso — Yea
Leyva — Yea
Dodd — Yea
Moorlach — Yea
Skinner — Yea
Allen — Yea
Borgeas — Yea
Galgiani — Yea
Hertzberg — Yea
Portantino — Yea
Bates — Yea
Glazer — Yea
Nielsen — Yea
Chang — Yea
Pan — Yea
Mark Stone — Yea
Archuleta, Bob Democratic Yea
Caballero, Anna M. Democratic Yea
Durazo, Maria Elena Democratic Yea
Hurtado, Melissa Democratic Yea
Jackson, Corey A. Democratic Yea
McGuire, Mike Democratic Yea
Stern, Henry I. Democratic Yea
Umberg, Thomas J. Democratic Yea
Wiener, Scott D. Democratic Yea
Grove, Shannon Republican Yea
Jones, Brian W. Republican Yea

Official roll call →

Do pass

Passed 6 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 1000
Unaffiliated 5000
Total 6000
% of votes cast 100%0%0%0%
How each member voted (6)
Member Party Vote
Wieckowski — Yea
Portantino — Yea
Bates — Yea
Hill — Yea
Bradford — Yea
Jones, Brian W. Republican Yea

Official roll call →

Placed on suspense file

Passed 6 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 1000
Unaffiliated 5000
Total 6000
% of votes cast 100%0%0%0%
How each member voted (6)
Member Party Vote
Wieckowski — Yea
Portantino — Yea
Bates — Yea
Hill — Yea
Bradford — Yea
Jones, Brian W. Republican Yea

Official roll call →

Do pass, but first be re-referred to the Committee on [Rules]

Passed 15 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 12001
Republican 1000
Democratic 2000
Total 15001
% of votes cast 94%0%0%6%
How each member voted (16)
Member Party Vote
Dodd — Yea
Rubio — Yea
Allen — Yea
Borgeas — Yea
Galgiani — Yea
Portantino — Yea
Hill — Yea
Glazer — Yea
Hueso — Yea
Bradford — Yea
Chang — Yea
Wilk — Yea
Nielsen — Not Voting
Archuleta, Bob Democratic Yea
Wiener, Scott D. Democratic Yea
Jones, Brian W. Republican Yea

Official roll call →

Subjects

public-safety finance environment
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Frequently asked questions

What does SB 290 do?
Existing law, the California Emergency Services Act, among other things, vests the Governor with various powers and duties related to that act, including coordinating the State Emergency Plan and those programs necessary for the mitigation of the effects of an emergency in this state. Existing law authorizes the Governor to expend any appropriation for support of the California Emergency Services Act to carry out its provisions. Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and prescribes the commissioner's powers and duties, including a duty to convene a working group to identify, assess, and recommend risk transfer market mechanisms that promote investment in natural infrastructure to reduce the risks of climate change related to catastrophic events, create incentives for investment in natural infrastructure to reduce risks to communities, and provide mitigation incentives for private investment in natural lands to lessen exposure and reduce climate risks to public safety, property, utilities, and infrastructure. Existing law establishes the Special Fund for Economic Uncertainties, a continuously appropriated fund, and requires the Controller to transfer as necessary from that fund to the unappropriated balance of the General Fund an amount necessary to eliminate any General Fund deficit as of the end of each fiscal year. Existing law also continuously appropriates moneys in the Special Fund for Economic Uncertainties to the Director of Finance for the purpose of allocating funds for disaster relief, as specified. This bill would authorize the Governor to purchase insurance, reinsurance, insurance linked securities, or other related alternative risk transfer products for the State of California to help mitigate against costs incurred by the state in response to a mudslide, wildfire, or flood. The bill would require the Office of Emergency Services, or another agency designated by the Governor, to work with the Treasurer and the Insurance Commissioner to determine the appropriate product to be purchased by the state pursuant to these provisions. The bill would authorize the Office of Emergency Services, or the Governor's designee, the Treasurer, and the Insurance Commissioner to consult with the working group described above when implementing these provisions. The bill would continuously appropriate moneys in the Special Fund for Economic Uncertainties to the Director of Finance, and would authorize the Director of Finance to allocate funds from the Special Fund for Economic Uncertainties to the Governor, for these purposes, thereby making an appropriation.
Who sponsors SB 290?
SB 290 is sponsored by Dodd, Aguiar-Curry, Cecilia M. (Democratic), Daly, and Gallagher, James (Republican).
What is the current status of SB 290?
This bill died with 2019-2020 Regular Session. It reached “Passed Senate” 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 SB 290?
Track SB 290 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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