California 2015-2016 Regular Session Status: Introduced 1 D cosponsors

AB 2328 — Infrastructure financing.

Last action — From printer. May be heard in committee March 20.

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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 2015-2016 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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.

Summary

Under the Bergeson-Peace Infrastructure and Economic Development Bank Act, the California Infrastructure and Economic Development Bank is established within the Governor's Office of Business and Economic Development with a board of directors having specified duties. The act authorizes the bank to, among other things, issue revenue bonds for the purpose of financing projects, as defined, that relate to infrastructure improvements or to authorize a special purpose trust to issue bonds for the purpose of making loans to a sponsor to be used by a sponsor to pay for the cost of a project. That act allows the bank to give final approval for those actions upon terms it deems necessary or desirable. This bill would make a nonsubstantive change to that latter provision.

Bill Text

What changed in the latest version

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1 line(s) added, 1 removed.

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Action History

  1. From printer. May be heard in committee March 20.

  2. Read first time. To print.

Sponsors

Sponsorship breakdown

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

Sponsors (1)

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.

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 transportation
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

What does AB 2328 do?
Under the Bergeson-Peace Infrastructure and Economic Development Bank Act, the California Infrastructure and Economic Development Bank is established within the Governor's Office of Business and Economic Development with a board of directors having specified duties. The act authorizes the bank to, among other things, issue revenue bonds for the purpose of financing projects, as defined, that relate to infrastructure improvements or to authorize a special purpose trust to issue bonds for the purpose of making loans to a sponsor to be used by a sponsor to pay for the cost of a project. That act allows the bank to give final approval for those actions upon terms it deems necessary or desirable. This bill would make a nonsubstantive change to that latter provision.
Who sponsors AB 2328?
AB 2328 is sponsored by Gipson, Mike A. (Democratic).
What is the current status of AB 2328?
This bill died with 2015-2016 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 2328?
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Last checked for changes 3 months ago · updated continuously

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