STRS and PERS loans: natural disaster damage: home repair or rebuilding.
If you work or are retired under these systems, you may access loans for home repairs if a disaster impacts your residence.
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AB 53 — STRS and PERS loans: natural disaster damage: home repair or rebuilding.
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1Introduced
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2In Committee
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3Passed Assembly
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 1989-1990, 1st Special Session. It reached “Introduced” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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.
In plain language
The bill allows retirement systems to offer loans for home repairs after natural disasters.
This legislation authorizes the State Teachers’ Retirement System and Public Employees’ Retirement System to create loan programs for members and retirees affected by natural disasters. Loans can cover up to 100% of the home's appraised value for repairs or rebuilding.
What this means for you
- Workers: If you work or are retired under these systems, you may access loans for home repairs if a disaster impacts your residence.
Bill Text
What changed in the latest version
1 added · 1 removedPlain-language change summary
The latest version of Bill AB 53 has added a new line, which indicates a change that might make certain provisions clearer or more specific. Meanwhile, an old line has been removed, likely to streamline the bill or remove outdated information. These adjustments can help ensure that the bill is easier to understand and implement, which is important for anyone affected by the law. Overall, these changes aim to improve the effectiveness of the bill.
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View plain text versions (2)
- Chaptered 09/24/90 - Chaptered Current pdf September 24, 1990
- AB53 View text html
Sponsors
- Elder · Cosponsor
- Farr · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 2 co-sponsors · 120 not signed on
Sponsors (0)
None.
Co-sponsors (2)
- Elder
- Farr
Not signed on (120)
120 members have not signed on to this bill.
Show all 120 →"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.
Subjects
Frequently asked questions
- Who sponsors AB 53?
- AB 53 is sponsored by Elder and Farr.
- What is the current status of AB 53?
- This bill died with 1989-1990, 1st Special Session. It reached “Introduced” 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 53?
- Track AB 53 free on One Click Politics — get push/email alerts when it moves.
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