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CA AB1861
Bill
Status
Failed
11/30/2016
Primary Sponsor
Young Kim
Click for details
AI Summary
- Amends Section 63050 of the Government Code to make nonsubstantive technical changes to the California Infrastructure and Economic Development Bank Fund provisions
- Replaces outdated language "There is hereby created" with "is hereby created" for clearer statutory drafting
- Standardizes terminology throughout the section by consistently using "California Infrastructure and Economic Development Bank Fund" instead of "infrastructure bank fund"
- Makes conforming changes to capitalization of "Guarantee Trust Fund" for consistency with official naming conventions
- No fiscal impact or appropriation required; changes are clarifying only
Legislative Description
California Infrastructure and Economic Development Bank
Last Action
Died at Desk.
11/30/2016
Full Bill Text
No bill text available