Brian Maienschein
- Democratic
- Assemblymember
- District 76
Author
Existing law, until January 1, 2022, establishes the Social Innovation Financing Program to award grant funding to 3 counties to reduce recidivism through contracts between the government, private investors, and service providers pursuant to which private investors agree to provide financing to service providers to achieve social outcomes agreed upon in advance, and the government agency agrees to pay a return on the investment to the investors if successful programmatic outcomes are achieved by the service provider. Existing law, upon appropriation by the Legislature, requires the Board of State and Community Corrections to issue grants in an amount of not less than $500,000 and not more than $2,000,000 to each county selected, up to a maximum of $5,000,000. This bill would establish the Social Innovation Financing Program of 2018. The bill would require the board to select 3 counties to receive funding and would require the board to issue grants in an amount of not less than $300,000 and not more than $2,000,000, up to a maximum of $5,000,000. The bill would repeal the program as of January 1, 2025.
In committee: Held under submission.
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (May 15). Re-referred to Com. on APPR.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on PUB. S.
Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 3855.)
In Senate. Read first time. To Com. on RLS. for assignment.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 17. Noes 0.) (January 18).
In committee: Set, first hearing. Referred to APPR. suspense file.
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (January 9). Re-referred to Com. on APPR.
From committee chair, with author's amendments: Amend, and re-refer to Com. on PUB. S. Read second time and amended.
From printer. May be heard in committee March 19.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB862 | HTML |
| 02/16/17 - Introduced | |
| 03/23/17 - Amended Assembly | |
| 03/21/18 - Amended Senate |
| Document | Format |
|---|---|
| No related documents. |
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