CA AB1580

Requires state agencies undertaking publicly funded major infrastructure construction projects estimated to cost $1 billion or more to form an oversight committee subject to the Bagley-Keene Open Meeting Act.

Oversight committee must include at least three members each from three different state agencies involved in the project, plus at least five additional support members.

State agencies must develop and implement comprehensive risk management plans that identify, quantify, and track project risks throughout the project's duration.

Oversight committee acts as the authority for critical decisions regarding implementation of the risk management plan and must have sufficient staff to support decisionmaking.

Exempts transportation infrastructure construction projects from these requirements.