SB 49 — Corporate conversions.
Last action — Chaptered by Secretary of State. Chapter 237, Statutes of 2022.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed Assembly
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced December 07, 2020. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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5 sponsors
1 primary, 4 co-sponsors signed on.
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Bipartisan support
Sponsored across 2 parties (1 D · 1 R) — cross-party backing.
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Cleared a recorded vote
Passed 10 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
Existing law specifies the process by which a corporation may be converted into a domestic other business entity if specified conditions are met. This bill would instead provide that this process applies to the conversion of a corporation into a domestic other business entity, foreign other business entity, or foreign corporation, as specified. The bill would define terms for purposes of these provisions, make other conforming changes, and establish the means by which an obligation of a corporation that has converted to a foreign corporation or foreign other business entity may be enforced. Existing law requires a corporation that desires to convert to a domestic other business entity to approve a plan of conversion that includes, among other things, the jurisdiction of organization of the converted entity after conversion. This bill would require a corporation to also provide the name and form after conversion. Existing law authorizes the Secretary of State to charge a fee to an entity not exceeding $150 for its conversion made under these provisions. This bill would remove the authorization of the Secretary of State to charge a fee for corporate conversions.
Bill Text
- Chaptered 09/02/22 - Chaptered Current pdf September 02, 2022
- Enrolled 08/18/22 - Enrolled pdf August 18, 2022
- Amended 05/09/22 - Amended Assembly pdf May 09, 2022
- Amended 05/11/21 - Amended Senate pdf May 11, 2021
- Amended 04/29/21 - Amended Senate pdf April 29, 2021
- Amended 04/06/21 - Amended Senate pdf April 06, 2021
- Amended 03/08/21 - Amended Senate pdf March 08, 2021
- Amended 02/01/21 - Amended Senate pdf February 01, 2021
- Introduced 12/07/20 - Introduced pdf December 07, 2020
- SB49 View text html
Action History
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Chaptered by Secretary of State. Chapter 237, Statutes of 2022.
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Approved by the Governor.
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Enrolled and presented to the Governor at 12:30 p.m.
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Assembly amendments concurred in. (Ayes 36. Noes 0. Page 4851.) Ordered to engrossing and enrolling.
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In Senate. Concurrence in Assembly amendments pending.
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Read third time. Passed. (Ayes 76. Noes 0. Page 5826.) Ordered to the Senate.
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Read second time. Ordered to consent calendar.
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From committee: Do pass. Ordered to consent calendar. (Ayes 15. Noes 0.) (August 3).
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From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 11. Noes 0.) (June 28). Re-referred to Com. on APPR.
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From committee: Do pass and re-refer to Com. on JUD. with recommendation: To consent calendar. (Ayes 10. Noes 0.) (June 20). Re-referred to Com. on JUD.
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Re-referred to Coms. on B. & F. and JUD. pursuant to Assembly Rule 96.
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From committee with author's amendments. Read second time and amended. Re-referred to Com. on REV. & TAX.
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Referred to Com. on REV. & TAX.
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In Assembly. Read first time. Held at Desk.
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Read third time. Passed. (Ayes 36. Noes 0. Page 2801.) Ordered to the Assembly.
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Read second time. Ordered to third reading.
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Ordered to second reading.
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From inactive file on motion of Senator Hertzberg.
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Ordered to inactive file on request of Senator Umberg.
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Ordered to special consent calendar.
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Read second time. Ordered to third reading.
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From committee: Do pass. (Ayes 7. Noes 0. Page 1180.) (May 20).
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Set for hearing May 20.
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May 17 hearing: Placed on APPR suspense file.
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Set for hearing May 17.
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Read second time and amended. Re-referred to Com. on APPR.
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From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 0. Page 1044.) (May 6).
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From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F.
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Set for hearing May 6.
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From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F.
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From committee: Do pass and re-refer to Com. on GOV. & F. (Ayes 14. Noes 0. Page 573.) (March 22). Re-referred to Com. on GOV. & F.
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Set for hearing March 22.
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From committee with author's amendments. Read second time and amended. Re-referred to Com. on B., P. & E.D.
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March 8 set for first hearing canceled at the request of author.
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Set for hearing March 8.
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Referral to Com. on G.O. rescinded because of the limitations placed on committee hearings due to ongoing health and safety risks of the COVID-19 virus.
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Re-referred to Coms. on B., P. & E.D., GOV. & F., and G.O.
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From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.
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Referred to Com. on RLS.
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From printer. May be acted upon on or after January 7.
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Introduced. Read first time. To Com. on RLS. for assignment. To print.
Sponsors
- Thomas J. Umberg · Primary
- Daly · Cosponsor
- Min · Cosponsor
- Newman · Cosponsor
- Rosilicie Ochoa Bogh · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 4 co-sponsors · 117 not signed on
Sponsors (1)
- Umberg, Thomas J. Democratic
Co-sponsors (4)
- Daly
- Min
- Newman
- Ochoa Bogh, Rosilicie Republican
Not signed on (117)
117 members have not signed on to this bill.
Show all 117 →"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 |
|---|---|---|---|---|
| Democratic | 12 | 0 | 0 | 1 |
| Unaffiliated | 20 | 0 | 0 | 3 |
| Republican | 4 | 0 | 0 | 0 |
| Total | 36 | 0 | 0 | 4 |
| % of votes cast | 90% | 0% | 0% | 10% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Atkins | — | Yea |
| Dodd | — | Yea |
| Min | — | Yea |
| Bradford | — | Yea |
| Portantino | — | Yea |
| Leyva | — | Yea |
| Newman | — | Yea |
| Nielsen | — | Yea |
| Wilk | — | Yea |
| Rubio | — | Yea |
| Glazer | — | Yea |
| Gonzalez | — | Yea |
| Pan | — | Yea |
| Bates | — | Yea |
| Wieckowski | — | Yea |
| Eggman | — | Yea |
| Skinner | — | Yea |
| Hueso | — | Yea |
| Melendez | — | Yea |
| Hertzberg | — | Yea |
| Kamlager | — | Not Voting |
| Roth | — | Not Voting |
| Borgeas | — | Not Voting |
| Allen, Benjamin | Democratic | Yea |
| Archuleta, Bob | Democratic | Yea |
| Becker, Josh | Democratic | Yea |
| Caballero, Anna M. | Democratic | Yea |
| Cortese, Dave | Democratic | Yea |
| Durazo, Maria Elena | Democratic | Not Voting |
| Hurtado, Melissa | Democratic | Yea |
| Laird, John | Democratic | Yea |
| Limón, Monique | Democratic | Yea |
| McGuire, Mike | Democratic | Yea |
| Stern, Henry I. | Democratic | Yea |
| Umberg, Thomas J. | Democratic | Yea |
| Wiener, Scott D. | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Ochoa Bogh, Rosilicie | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 30 | 0 | 0 | 2 |
| Unaffiliated | 37 | 0 | 0 | 2 |
| Republican | 9 | 0 | 0 | 0 |
| Total | 76 | 0 | 0 | 4 |
| % of votes cast | 95% | 0% | 0% | 5% |
How each member voted (80)
| Member | Party | Vote |
|---|---|---|
| Friedman | — | Yea |
| Cooley | — | Yea |
| Mathis | — | Yea |
| Bigelow | — | Yea |
| Rendon | — | Yea |
| Mullin | — | Yea |
| Holden | — | Yea |
| Villapudua | — | Yea |
| Salas | — | Yea |
| Jones-Sawyer | — | Yea |
| Santiago | — | Yea |
| Maienschein | — | Yea |
| Rodriguez | — | Yea |
| Quirk | — | Yea |
| Wood | — | Yea |
| Kiley | — | Yea |
| Mayes | — | Yea |
| Nazarian | — | Yea |
| Ting | — | Yea |
| Low | — | Yea |
| Levine | — | Yea |
| O'Donnell | — | Yea |
| Waldron | — | Yea |
| Daly | — | Yea |
| McCarty | — | Yea |
| Medina | — | Yea |
| Gray | — | Yea |
| Smith | — | Yea |
| Cunningham | — | Yea |
| Cooper | — | Yea |
| Voepel | — | Not Voting |
| Bloom | — | Not Voting |
| Cristina Garcia | — | Yea |
| Eduardo Garcia | — | Yea |
| Jim Patterson | — | Yea |
| Luz Rivas | — | Yea |
| Mark Stone | — | Yea |
| Vince Fong | — | Yea |
| Wendy Carrillo | — | Yea |
| Aguiar-Curry, Cecilia M. | Democratic | Yea |
| Alvarez, David | Democratic | Yea |
| Arambula, Joaquin | Democratic | Yea |
| Bauer-Kahan, Rebecca | Democratic | Yea |
| Bennett, Steve | Democratic | Yea |
| Berman, Marc | Democratic | Yea |
| Boerner, Tasha | Democratic | Yea |
| Bonta, Mia | Democratic | Yea |
| Bryan, Isaac G. | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Cervantes, Sabrina | Democratic | Yea |
| Fong, Mike | Democratic | Yea |
| Gabriel, Jesse | Democratic | Yea |
| Gipson, Mike A. | Democratic | Yea |
| Grayson, Timothy S. | Democratic | Yea |
| Haney, Matt | Democratic | Yea |
| Irwin, Jacqui | Democratic | Yea |
| Kalra, Ash | Democratic | Yea |
| Lee, Alex | Democratic | Yea |
| McKinnor, Tina | Democratic | Yea |
| Muratsuchi, Al | Democratic | Yea |
| Nguyen, Stephanie | Democratic | Yea |
| Petrie-Norris, Cottie | Democratic | Yea |
| Quirk-Silva, Sharon | Democratic | Not Voting |
| Ramos, James C. | Democratic | Yea |
| Reyes, Eloise Gómez | Democratic | Yea |
| Rivas, Robert | Democratic | Yea |
| Rubio, Blanca E. | Democratic | Yea |
| Ward, Christopher M. | Democratic | Yea |
| Weber Pierson, M.D., Akilah | Democratic | Yea |
| Wicks, Buffy | Democratic | Yea |
| Wilson, Lori D. | Democratic | Not Voting |
| Chen, Phillip | Republican | Yea |
| Choi, Steven S. | Republican | Yea |
| Dahle, Megan | Republican | Yea |
| Davies, Laurie | Republican | Yea |
| Flora, Heath | Republican | Yea |
| Gallagher, James | Republican | Yea |
| Lackey, Tom | Republican | Yea |
| Seyarto, Kelly | Republican | Yea |
| Valladares, Suzette Martinez | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 7 | 0 | 0 | 0 |
| Unaffiliated | 6 | 0 | 0 | 1 |
| Republican | 2 | 0 | 0 | 0 |
| Total | 15 | 0 | 0 | 1 |
| % of votes cast | 94% | 0% | 0% | 6% |
How each member voted (16)
| Member | Party | Vote |
|---|---|---|
| Holden | — | Yea |
| Quirk | — | Yea |
| Bigelow | — | Yea |
| Levine | — | Yea |
| Eduardo Garcia | — | Not Voting |
| Vince Fong | — | Yea |
| Wendy Carrillo | — | Yea |
| Bryan, Isaac G. | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Fong, Mike | Democratic | Yea |
| Gabriel, Jesse | Democratic | Yea |
| Rivas, Robert | Democratic | Yea |
| Weber Pierson, M.D., Akilah | Democratic | Yea |
| Wilson, Lori D. | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Davies, Laurie | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 5 | 0 | 0 | 0 |
| Democratic | 5 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 11 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (11)
| Member | Party | Vote |
|---|---|---|
| Bloom | — | Yea |
| Maienschein | — | Yea |
| Cunningham | — | Yea |
| Kiley | — | Yea |
| Mark Stone | — | Yea |
| Bonta, Mia | Democratic | Yea |
| Haney, Matt | Democratic | Yea |
| Kalra, Ash | Democratic | Yea |
| Reyes, Eloise Gómez | Democratic | Yea |
| Wicks, Buffy | Democratic | Yea |
| Davies, Laurie | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 9 | 0 | 0 | 0 |
| Unaffiliated | 1 | 0 | 0 | 0 |
| Republican | 0 | 0 | 0 | 2 |
| Total | 10 | 0 | 0 | 2 |
| % of votes cast | 83% | 0% | 0% | 17% |
How each member voted (12)
| Member | Party | Vote |
|---|---|---|
| Mark Stone | — | Yea |
| Bauer-Kahan, Rebecca | Democratic | Yea |
| Cervantes, Sabrina | Democratic | Yea |
| Fong, Mike | Democratic | Yea |
| Gabriel, Jesse | Democratic | Yea |
| Grayson, Timothy S. | Democratic | Yea |
| Nguyen, Stephanie | Democratic | Yea |
| Petrie-Norris, Cottie | Democratic | Yea |
| Wicks, Buffy | Democratic | Yea |
| Wilson, Lori D. | Democratic | Yea |
| Chen, Phillip | Republican | Not Voting |
| Choi, Steven S. | Republican | Not Voting |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 13 | 0 | 0 | 0 |
| Unaffiliated | 20 | 0 | 0 | 3 |
| Republican | 3 | 0 | 0 | 1 |
| Total | 36 | 0 | 0 | 4 |
| % of votes cast | 90% | 0% | 0% | 10% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Pan | — | Yea |
| Leyva | — | Yea |
| Melendez | — | Yea |
| Nielsen | — | Yea |
| Kamlager | — | Yea |
| Eggman | — | Yea |
| Wieckowski | — | Yea |
| Borgeas | — | Yea |
| Dodd | — | Yea |
| Gonzalez | — | Yea |
| Portantino | — | Yea |
| Roth | — | Yea |
| Wilk | — | Yea |
| Hertzberg | — | Yea |
| Glazer | — | Yea |
| Rubio | — | Yea |
| Atkins | — | Yea |
| Skinner | — | Yea |
| Newman | — | Yea |
| Hueso | — | Yea |
| Min | — | Not Voting |
| Bradford | — | Not Voting |
| Bates | — | Not Voting |
| Allen, Benjamin | Democratic | Yea |
| Archuleta, Bob | Democratic | Yea |
| Becker, Josh | Democratic | Yea |
| Caballero, Anna M. | Democratic | Yea |
| Cortese, Dave | Democratic | Yea |
| Durazo, Maria Elena | Democratic | Yea |
| Hurtado, Melissa | Democratic | Yea |
| Laird, John | Democratic | Yea |
| Limón, Monique | Democratic | Yea |
| McGuire, Mike | Democratic | Yea |
| Stern, Henry I. | Democratic | Yea |
| Umberg, Thomas J. | Democratic | Yea |
| Wiener, Scott D. | Democratic | Yea |
| Dahle, Megan | Republican | Not Voting |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Ochoa Bogh, Rosilicie | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 5 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 7 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Wieckowski | — | Yea |
| Kamlager | — | Yea |
| Portantino | — | Yea |
| Bradford | — | Yea |
| Bates | — | Yea |
| Laird, John | Democratic | Yea |
| Jones, Brian W. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 5 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 7 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Bates | — | Yea |
| Kamlager | — | Yea |
| Portantino | — | Yea |
| Wieckowski | — | Yea |
| Bradford | — | Yea |
| Laird, John | Democratic | Yea |
| Jones, Brian W. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 2 | 0 | 0 | 0 |
| Democratic | 3 | 0 | 0 | 0 |
| Total | 5 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (5)
| Member | Party | Vote |
|---|---|---|
| Nielsen | — | Yea |
| Hertzberg | — | Yea |
| Durazo, Maria Elena | Democratic | Yea |
| McGuire, Mike | Democratic | Yea |
| Wiener, Scott D. | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 3 | 0 | 0 | 0 |
| Unaffiliated | 9 | 0 | 0 | 0 |
| Republican | 2 | 0 | 0 | 0 |
| Total | 14 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (14)
| Member | Party | Vote |
|---|---|---|
| Eggman | — | Yea |
| Pan | — | Yea |
| Leyva | — | Yea |
| Newman | — | Yea |
| Dodd | — | Yea |
| Bates | — | Yea |
| Roth | — | Yea |
| Min | — | Yea |
| Melendez | — | Yea |
| Archuleta, Bob | Democratic | Yea |
| Becker, Josh | Democratic | Yea |
| Hurtado, Melissa | Democratic | Yea |
| Jones, Brian W. | Republican | Yea |
| Ochoa Bogh, Rosilicie | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 49 do?
- Existing law specifies the process by which a corporation may be converted into a domestic other business entity if specified conditions are met. This bill would instead provide that this process applies to the conversion of a corporation into a domestic other business entity, foreign other business entity, or foreign corporation, as specified. The bill would define terms for purposes of these provisions, make other conforming changes, and establish the means by which an obligation of a corporation that has converted to a foreign corporation or foreign other business entity may be enforced. Existing law requires a corporation that desires to convert to a domestic other business entity to approve a plan of conversion that includes, among other things, the jurisdiction of organization of the converted entity after conversion. This bill would require a corporation to also provide the name and form after conversion. Existing law authorizes the Secretary of State to charge a fee to an entity not exceeding $150 for its conversion made under these provisions. This bill would remove the authorization of the Secretary of State to charge a fee for corporate conversions.
- Who sponsors SB 49?
- SB 49 is sponsored by Umberg, Thomas J. (Democratic), Daly, Min, Newman, and Ochoa Bogh, Rosilicie (Republican).
- What is the current status of SB 49?
- This bill has been enacted into law. Introduced December 07, 2020. Enacted.
- Where can I track SB 49?
- Track SB 49 free on One Click Politics — get push/email alerts when it moves.
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