AB 462: Asset management: emerging managers.
- Session Year: 2019-2020
- House: Assembly
- Latest Version Date: 2019-05-21
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Date
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Status
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|---|---|
| May 21, 2019 | From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on RLS. |
| May 1, 2019 | Referred to Com. on RLS. |
| Apr 23, 2019 | In Senate. Read first time. To Com. on RLS. for assignment. |
| Apr 22, 2019 | Read third time. Passed. Ordered to the Senate. |
| Apr 9, 2019 | Read second time. Ordered to third reading. |
| Apr 8, 2019 | Withdrawn from committee. |
| Apr 3, 2019 | From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (April 3). Re-referred to Com. on APPR. |
| Mar 27, 2019 | Re-referred to Com. on P.E. & R. |
| Mar 26, 2019 | From committee chair, with author's amendments: Amend, and re-refer to Com. on P.E. & R. Read second time and amended. |
| Mar 18, 2019 | In committee: Hearing postponed by committee. |
| Feb 21, 2019 | Referred to Com. on P.E. & R. |
| Feb 12, 2019 | From printer. May be heard in committee March 14. |
| Feb 11, 2019 | Read first time. To print. |
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Date
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Description
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Location
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Votes
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| Apr 22, 2019 | AB 462 Rodriguez Assembly Third Reading | Assembly Floor |
Passed |
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| Apr 3, 2019 | Do pass and be re-referred to the Committee on [Appropriations] | Assembly Standing Committee on Public Employment and Retirement |
Passed |
This list shows positions taken on this bill by organizations on the date displayed, which is linked to the original source.
Positions by individuals are not included.
ASSEMBLY THIRD READING
ATR Bill Id:AB 462
Author:(Rodriguez)
As Amended Ver:March 26, 2019
Majority vote
SUMMARY:
Makes minor and technical changes relating to the Teachers' Retirement Law (TRL), administered by the California State Teachers' Retirement System (CalSTRS), and the Public Employees' Retirement Law (PERL), administered by the California Public Employees' Retirement System (CalPERS).
Major Provisions
- Clarifies, for purposes of the TRL, the meaning and application of the term "eleemosynary" by replacing it with the term "charitable organization."
- Changes references to gender for purposes of conformity throughout the PERL.
COMMENTS:
Assembly Bill 462 makes minor and nonsubstantive changes to retirement laws administered by CalSTRS and CalPERS, respectively.
According to the Author:
"These are minor and nonsubstantive, but important changes to the TRL and PERL for the continued effective administration by CalSTRS and CalPERS, respectively."
Arguments in Support:
None on file
Arguments in Opposition:
None on file
FISCAL COMMENTS:
This bill is keyed non-fiscal by the Legislative Counsel.
VOTES:
ASM PUBLIC EMPLOYMENT AND RETIREMENT: 7-0-0
YES: Rodriguez, Voepel, Cervantes, Cooley, Cooper, Fong, O'Donnell
UPDATED:
VERSION: March 26, 2019
CONSULTANT: Michael Bolden / P.E. & R. / (916) 319-3957 FN: 0000172
Date of Hearing: April 3, 2019
ASSEMBLY COMMITTEE ON PUBLIC EMPLOYMENT AND RETIREMENT
Freddie Rodriguez, Chair
ABPCA Bill Id:AB 462 (
Author:Rodriguez) – As Amended Ver:March 26, 2019
SUBJECT: Public retirement: service credit: sick leave
SUMMARY: Makes minor and technical changes relating to the Teachers’ Retirement Law (TRL), administered by the California State Teachers’ Retirement System (CalSTRS), and the Public Employees’ Retirement Law (PERL), administered by the California Public Employees’ Retirement System (CalPERS). Specifically, this bill:
- Clarifies, for purposes of the TRL, the meaning and application of the term “eleemosynary” by replacing it with the term “charitable organization.”
- Changes references to gender for purposes of conformity throughout the PERL.
EXISTING LAW: Establishes the TRL and PERL, administered by CalSTRS and CalPERS, respectively, relating to administration of retirement and other benefits for public teachers and other public employees.
FISCAL EFFECT: Unknown. This bill is flagged as non-fiscal by Legislative Counsel.
COMMENTS: According to the author, “[t]hese are minor, technical, nonsubstantive, but important changes to the TRL and PERL for the continued effective administration by CalSTRS and CalPERS, respectively.”
REGISTERED SUPPORT / OPPOSITION:
Support
None on file
Opposition
None on file
Analysis Prepared by: Michael Bolden / P.E. & R. / (916) 319-3957
Bill Author
Bill Co-Author(s):