Roy Ashburn
- Republican
Author
Existing law prohibits an investment firm, as defined, from having specified interests in a new issuance of bonds from a local agency. This bill would prohibit a local agency from entering into a financial advisory, legal advisory, underwriting, or similar relationship with an individual or firm, with respect to a bond issue that requires voter approval on or after January 1, 2011, if that individual or firm, or an employee, agent, or person related to an employee or agent of the individual or firm, provided or will provide bond campaign services, as defined, to the bond campaign.
From committee without further action.
Set, first hearing. Failed passage in committee. (Ayes 2. Noes 3. Page 3445.) Reconsideration granted.
Set for hearing May 5.
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on RLS.
To Com. on RLS.
From print. May be acted upon on or after March 23.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB1461 | HTML |
| 02/19/10 - Introduced | |
| 04/12/10 - Amended Senate |
| Document | Format |
|---|---|
| No related documents. |
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