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CA AB1853

Bill

Official Source

Status

Passed

9/12/2024

Primary Sponsor

Carlos Villapudua

Click for details

Origin

State Assembly

2023-2024 Session

AI Summary

  • Increases board member compensation from $50 per meeting to $100 per meeting for attendance at board and committee meetings
  • Raises the monthly compensation cap from $100 to $500 per calendar month for board members
  • Authorizes the San Joaquin Regional Transit District to invest surplus money in the San Joaquin County Treasury Investment Pool
  • Expands investment options to include any investment or deposit permitted for local agencies under California state law
  • Makes conforming changes to investment provisions in the Public Utilities Code

Legislative Description

San Joaquin Regional Transit District: meetings: surplus money investments.

Last Action

Chaptered by Secretary of State - Chapter 216, Statutes of 2024.

9/12/2024

Committee Referrals

Transportation5/8/2024
Rules4/25/2024
Local Government1/29/2024

Full Bill Text

No bill text available