California Infrastructure and Economic Development Bank.
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AB 2319 — California Infrastructure and Economic Development Bank.
Last action — In committee: Held under submission.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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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 2015-2016 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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
The Bergeson-Peace Infrastructure and Economic Development Bank Act authorizes the California Infrastructure and Economic Development Bank, governed by a board of directors, to, among other things, make loans, issue bonds, and provide other financial assistance for various types of infrastructure and economic development projects. The act defines terms for its purposes and establishes the California Infrastructure and Economic Development Bank Fund, a continuously appropriated fund, for support of the bank. This bill would expand the authority of the bank by adding affordable housing, as defined, to the types of projects to which the bank is authorized to provide financial assistance. By expanding the banks's authority to expend funds in a continuously appropriated fund, the bill would make an appropriation. This bill would also make conforming, nonsubstantive changes to cross-references to this provision.
Bill Text
What changed in the latest version
1 added · 1 removed1 line(s) added, 1 removed.
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View plain text versions (2)
- Introduced 02/18/16 - Introduced Current pdf February 18, 2016
- AB2319 View text html
Action History
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In committee: Held under submission.
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In committee: Set, first hearing. Referred to APPR. suspense file.
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From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (April 19). Re-referred to Com. on APPR.
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From committee: Do pass and re-refer to Com. on J., E.D., & E. (Ayes 6. Noes 1.) (April 13). Re-referred to Com. on J., E.D., & E.
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Referred to Coms. on H. & C.D. and J., E.D., & E.
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From printer. May be heard in committee March 20.
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Read first time. To print.
Sponsors
- Gordon · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on · 1 voted No
Sponsors (1)
- Gordon
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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 4 | 0 | 0 | 3 |
| Democratic | 2 | 0 | 0 | 0 |
| Total | 6 | 0 | 0 | 3 |
| % of votes cast | 67% | 0% | 0% | 33% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Achadjian | — | Yea |
| Brough | — | Not Voting |
| Brown | — | Yea |
| Kim | — | Not Voting |
| Chau | — | Yea |
| Chu | — | Not Voting |
| Eduardo Garcia | — | Yea |
| Gipson, Mike A. | Democratic | Yea |
| Irwin, Jacqui | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 6 | 1 | 0 | 0 |
| Total | 6 | 1 | 0 | 0 |
| % of votes cast | 86% | 14% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Steinorth | — | Yea |
| Chau | — | Yea |
| Burke | — | Yea |
| Chiu | — | Yea |
| Lopez | — | Yea |
| Mullin | — | Yea |
| Beth Gaines | — | Nay |
Subjects
Frequently asked questions
- What does AB 2319 do?
- The Bergeson-Peace Infrastructure and Economic Development Bank Act authorizes the California Infrastructure and Economic Development Bank, governed by a board of directors, to, among other things, make loans, issue bonds, and provide other financial assistance for various types of infrastructure and economic development projects. The act defines terms for its purposes and establishes the California Infrastructure and Economic Development Bank Fund, a continuously appropriated fund, for support of the bank. This bill would expand the authority of the bank by adding affordable housing, as defined, to the types of projects to which the bank is authorized to provide financial assistance. By expanding the banks's authority to expend funds in a continuously appropriated fund, the bill would make an appropriation. This bill would also make conforming, nonsubstantive changes to cross-references to this provision.
- Who sponsors AB 2319?
- AB 2319 is sponsored by Gordon.
- What is the current status of AB 2319?
- This bill died with 2015-2016 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 2319?
- Track AB 2319 free on One Click Politics — get push/email alerts when it moves.
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