California 1995-1996 Regular Session Status: Introduced

AB 512 — Trust companies: investments.

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  1. 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 1995-1996 Regular 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

AB 512 allows trust companies to invest in certain securities more easily.

This bill modifies investment rules for trust companies, specifically broadening the types of securities they can invest in. It aims to help these companies better manage client assets and potentially improve returns.

What this means for you
  • Families: This means families using trust companies may benefit from potentially better returns on their investments.

Bill Text

What changed in the latest version

1 added · 1 removed

Plain-language change summary

The latest version of Bill AB 512 includes new text that was not present before, while some previous text has been removed. These changes are likely made to clarify the bill’s objectives or to address concerns raised during discussions. Understanding these amendments is crucial, as they can impact how the bill will function and its effects on the community it aims to serve.

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Sponsors

  • Richter · Cosponsor

Sponsorship breakdown

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

Sponsors (0)

None.

Co-sponsors (1)

  • Richter

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.

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

Subjects

finance
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

Who sponsors AB 512?
AB 512 is sponsored by Richter.
What is the current status of AB 512?
This bill died with 1995-1996 Regular 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 512?
Track AB 512 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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