SB 598

  • California Senate Bill
  • 2019-2020 Regular Session
  • Introduced in Senate Feb 22, 2019
  • Passed Senate May 23, 2019
  • Passed Assembly Sep 10, 2019
  • Governor

Open Financial Statements Act.

Abstract

Existing law, the Financial Information System for California (FISCal) Act, establishes the FISCal system, a single integrated financial management system for the state, and requires the Department of FISCal to maintain and operate that system upon its full implementation and final acceptance. Existing law requires various state and local agencies to provide financial reports, as provided. This bill would enact the Open Financial Statements Act. The bill would establish the Open Financial Statement Commission, consisting of 9 members, in the Treasurer's office. The bill would authorize the commission to contract, through an open and competitive request for proposal process, with vendors possessing the necessary software and financial data standards development expertise to build one or more taxonomies suitable for public agency financial filings and create a software tool that enables a public agency to easily create machine readable documents consistent with these taxonomies, if necessary. The bill would require the commission, by January 1, 2021, to report to the Legislature and make recommendations regarding how and whether to transition financial reporting by state and local agencies to a machine readable format. The bill would repeal the Open Financial Statements Act as of January 1, 2025.

Bill Sponsors (2)

Votes


Actions


Jan 13, 2020

Senate

Stricken from file.

Senate

Veto sustained.

Oct 12, 2019

Senate

In Senate. Consideration of Governor's veto pending.

Senate

Vetoed by the Governor.

Sep 19, 2019

California State Legislature

Enrolled and presented to the Governor at 3 p.m.

Sep 11, 2019

Senate

Assembly amendments concurred in. (Ayes 40. Noes 0. Page 2869.) Ordered to engrossing and enrolling.

Senate

Ordered to special consent calendar.

Sep 10, 2019

Senate

In Senate. Concurrence in Assembly amendments pending.

Assembly

Read third time. Passed. (Ayes 78. Noes 0. Page 3346.) Ordered to the Senate.

Sep 06, 2019

Assembly

Read third time and amended.

Assembly

Ordered to third reading.

Aug 15, 2019

Assembly

Read second time. Ordered to third reading.

Aug 14, 2019

Assembly

From committee: Do pass. (Ayes 18. Noes 0.) (August 14).

Jul 03, 2019

Assembly

From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 7. Noes 0.) (July 3). Re-referred to Com. on APPR.

  • Committee-Passage-Favorable
  • Committee-Passage
  • Referral-Committee
Com. on APPR.

Jun 19, 2019

Assembly

From committee: Do pass and re-refer to Com. on A. & A.R. with recommendation: To consent calendar. (Ayes 8. Noes 0.) (June 19). Re-referred to Com. on A. & A.R.

  • Committee-Passage-Favorable
  • Committee-Passage
  • Referral-Committee
Com. on A. & A.R.

Jun 06, 2019

Assembly

Referred to Coms. on L. GOV. and A. & A.R.

  • Referral-Committee
Coms. on L. GOV. and A. & A.R.

May 24, 2019

Assembly

In Assembly. Read first time. Held at Desk.

May 23, 2019

Senate

Read third time. Passed. (Ayes 38. Noes 0. Page 1256.) Ordered to the Assembly.

May 20, 2019

Senate

Read second time. Ordered to third reading.

May 17, 2019

Senate

Read second time and amended. Ordered to second reading.

Senate

From committee: Do pass as amended. (Ayes 6. Noes 0. Page 1104.) (May 16).

May 10, 2019

Senate

Set for hearing May 16.

May 06, 2019

Senate

May 6 hearing: Placed on APPR. suspense file.

Apr 26, 2019

Senate

Set for hearing May 6.

Apr 23, 2019

Senate

From committee: Do pass and re-refer to Com. on APPR. (Ayes 16. Noes 0. Page 772.) (April 23). Re-referred to Com. on APPR.

  • Committee-Passage-Favorable
  • Committee-Passage
  • Referral-Committee
Com. on APPR.

Apr 12, 2019

Senate

Set for hearing April 23.

Apr 11, 2019

Senate

From committee: Do pass and re-refer to Com. on G.O. (Ayes 7. Noes 0. Page 714.) (April 10). Re-referred to Com. on G.O.

  • Committee-Passage-Favorable
  • Committee-Passage
  • Referral-Committee
Com. on G.O.

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on G.O.

  • Reading-1
  • Committee-Passage
  • Referral-Committee
  • Amendment-Passage
  • Reading-2
Com. on G.O.

Apr 04, 2019

Senate

Set for hearing April 10.

Apr 02, 2019

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F.

  • Reading-1
  • Committee-Passage
  • Referral-Committee
  • Amendment-Passage
  • Reading-2
Com. on GOV. & F.

Mar 07, 2019

Senate

Referred to Coms. on GOV. & F. and G.O.

  • Referral-Committee
Coms. on GOV. & F. and G.O.

Feb 25, 2019

Senate

From printer. May be acted upon on or after March 27.

Senate

Read first time.

Feb 22, 2019

Senate

Introduced. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB598 HTML
02/22/19 - Introduced PDF
04/02/19 - Amended Senate PDF
04/11/19 - Amended Senate PDF
05/17/19 - Amended Senate PDF
09/06/19 - Amended Assembly PDF
09/13/19 - Enrolled PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated nightly from the official website of the California State Legislature.

If you notice any inconsistencies with these official sources, feel free to file an issue.