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CA SB1158

Bill

Official Source

Status

Introduced

2/20/2020

Primary Sponsor

Benjamin Hueso

Click for details

Origin

Senate

2019-2020 Session

AI Summary

  • Increases the affirmative vote requirement for board actions from 3 members to 4 members for the Infrastructure and Economic Development Bank (I-Bank).
  • Raises per diem compensation for board members from $100 to $150 for each full day of attending board meetings.
  • Changes the Commissioner of Business Oversight as a board member instead of the Director of Finance.
  • Updates pronouns in existing statute to use gender-neutral language throughout the section.

Legislative Description

Infrastructure and Economic Development Bank.

Last Action

March 23 hearing postponed by committee.

3/18/2020

Committee Referrals

Business, Professions and Economic Development3/5/2020
Rules2/20/2020

Full Bill Text

No bill text available