AB 1853

  • California Assembly Bill
  • 2023-2024 Regular Session
  • Introduced in Assembly
  • Passed Assembly Apr 25, 2024
  • Passed Senate Aug 20, 2024
  • Became Law Sep 12, 2024

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

Abstract

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.

Bill Sponsors (2)

Votes


Actions


Sep 12, 2024

California State Legislature

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

California State Legislature

Approved by the Governor.

Aug 28, 2024

California State Legislature

Enrolled and presented to the Governor at 4 p.m.

Aug 22, 2024

Assembly

Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 62. Noes 0. Page 6426.).

Aug 20, 2024

Senate

Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0.).

Assembly

In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 22 pursuant to Assembly Rule 77.

Jun 13, 2024

Senate

Read second time. Ordered to third reading.

Jun 12, 2024

Senate

From committee: Do pass. (Ayes 15. Noes 0.) (June 11).

Jun 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.

  • Amendment-Introduction
  • Amendment-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on TRANS.

May 22, 2024

Senate

In committee: Hearing postponed by committee.

May 08, 2024

Senate

Referred to Com. on TRANS.

  • Referral-Committee
Com. on TRANS.

Apr 25, 2024

Senate

In Senate. Read first time. To Com. on RLS. for assignment.

Assembly

Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 0. Page 4988.)

Mar 21, 2024

Assembly

Read second time. Ordered to third reading.

Mar 20, 2024

Assembly

From committee: Do pass. (Ayes 8. Noes 0.) (March 20).

Assembly

Coauthors revised.

Mar 12, 2024

Assembly

Re-referred to Com. on L. GOV.

  • Referral-Committee
Com. on L. GOV.

Mar 11, 2024

Assembly

From committee chair, with author's amendments: Amend, and re-refer to Com. on L. GOV. Read second time and amended.

Jan 29, 2024

Assembly

Referred to Com. on L. GOV.

  • Referral-Committee
Com. on L. GOV.

Jan 18, 2024

Assembly

From printer. May be heard in committee February 17.

Jan 17, 2024

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB1853 HTML
01/17/24 - Introduced PDF
03/11/24 - Amended Assembly PDF
06/03/24 - Amended Senate PDF
08/26/24 - Enrolled PDF
09/12/24 - Chaptered PDF

Related Documents

Document Format
03/19/24- Assembly Local Government PDF
03/27/24- ASSEMBLY FLOOR ANALYSIS PDF
06/07/24- Senate Transportation PDF
06/12/24- Sen. Floor Analyses PDF
08/21/24- ASSEMBLY FLOOR ANALYSIS PDF

Sources

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