California Assembly Bill 1853
Session 20232024
San Joaquin Regional Transit District: meetings: surplus money investments.
Became Law
Became Law on Sep 12, 2024
Origin Chamber
Assembly
Type
Bill
Bill Number
1853
State
California
Session
20232024
Carlos Villapudua
grade
Author
Coauthor
Motion Text
AB 1853 Villapudua Concurrence in Senate Amendments
Assembly Roll Call Votes
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Soria
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Summary
The San Joaquin Regional Transit District Act authorizes the creation of the San Joaquin Regional Transit District, and if created, specifies the district's powers and responsibilities. The act requires the district to be governed by a board of directors, requires the board to adopt rules for its proceedings, and authorizes the board to provide, by ordinance or resolution, that each board member receive $50 for each board meeting attended, not to exceed $100 in a calendar month.
This bill instead would authorize the board to provide, by ordinance or resolution, that each board member receive $100 for each board meeting and committee meeting attended, not to exceed $500 in a calendar month.
The act authorizes the district to invest surplus money in its treasury, including money in a sinking fund, in certain investments, including its own bonds and treasury notes or bonds of the state.
This bill would authorize the district to also invest surplus money, including money in a sinking fund, in the San Joaquin County Treasury Investment Pool and in any investment or deposit that a local agency may place funds pursuant to state law. The bill would also make conforming changes.
01/17/24 - Introduced
January 17, 2024
03/11/24 - Amended Assembly
March 11, 2024
06/03/24 - Amended Senate
June 3, 2024
08/26/24 - Enrolled
August 26, 2024
09/12/24 - Chaptered
September 12, 2024
03/19/24- Assembly Local Government
March 19, 2024
03/27/24- ASSEMBLY FLOOR ANALYSIS
March 27, 2024
06/07/24- Senate Transportation
June 7, 2024
06/12/24- Sen. Floor Analyses
June 12, 2024
08/21/24- ASSEMBLY FLOOR ANALYSIS
August 21, 2024
Sort by most recent
09/12/2024
California State Legislature
Chaptered by Secretary of State - Chapter 216, Statutes of 2024.
09/12/2024
California State Legislature
Approved by the Governor.
08/28/2024
California State Legislature
Enrolled and presented to the Governor at 4 p.m.
08/22/2024
Assembly
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 62. Noes 0.).
08/20/2024
Assembly
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 22 pursuant to Assembly Rule 77.
08/20/2024
Senate
Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0.).
06/13/2024
Senate
Read second time. Ordered to third reading.
06/12/2024
Senate
From committee: Do pass. (Ayes 15. Noes 0.) (June 11).
06/03/2024
Senate
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on TRANS.
05/22/2024
Senate
In committee: Hearing postponed by committee.
05/08/2024
Senate
Referred to Com. on TRANS.
04/25/2024
Senate
In Senate. Read first time. To Com. on RLS. for assignment.
04/25/2024
Assembly
Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 0. Page 4988.)
03/21/2024
Assembly
Read second time. Ordered to third reading.
03/20/2024
Assembly
From committee: Do pass. (Ayes 8. Noes 0.) (March 20).
03/20/2024
Assembly
Coauthors revised.
03/12/2024
Assembly
Re-referred to Com. on L. GOV.
03/11/2024
Assembly
From committee chair, with author's amendments: Amend, and re-refer to Com. on L. GOV. Read second time and amended.
01/29/2024
Assembly
Referred to Com. on L. GOV.
01/18/2024
Assembly
From printer. May be heard in committee February 17.
01/17/2024
Assembly
Read first time. To print.
Sources
Record Created
Jan 18, 2024 12:15:36 PM
Record Updated
Sep 20, 2024 12:30:31 PM