AB 1765

  • California Assembly Bill
  • 2021-2022 Regular Session
  • Introduced in Assembly
  • Passed Assembly May 25, 2022
  • Senate
  • Governor

Marks-Roos Local Bond Pooling Act of 1985: rate reduction bonds: review.

Abstract

Existing law, the Marks-Roos Local Bond Pooling Act of 1985, authorizes certain joint powers authorities to issue rate reduction bonds to finance utility projects, as provided. Existing law requires the California Pollution Control Financing Authority to review each issue of bonds and determine whether the issue is qualified for issuance, if certain requirements are met. Existing law exempts an issuance from the authority's review where certain determinations concerning the issuance are subject to review by a ratepayer advocate, or similar entity, on the relation of the public utility's actions to water or wastewater rates. Existing law authorizes the authority to establish procedures for the expeditious review of a proposed issuance, including the establishment of reasonable application fees to reimburse the authority. This bill would additionally exempt an issuance from the authority's review when the issuance is subject to review by a ratepayer advocate, or similar entity, on the relation of the public utility's actions to electric rates. The bill would authorize the authority to charge additional, nonrefundable fees, as specified, incurred in retaining an independent financial advisor to review the application under circumstances involving the verification of all stated requirements.

Bill Sponsors (1)

Votes


Actions


Jun 29, 2022

Senate

Ordered to third reading.

Senate

From Consent Calendar.

Jun 28, 2022

Senate

Read second time. Ordered to Consent Calendar.

Jun 27, 2022

Senate

From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar.

Jun 15, 2022

Senate

From committee: Do pass and re-refer to Com. on APPR with recommendation: To Consent Calendar. (Ayes 5. Noes 0.) (June 15). Re-referred to Com. on APPR.

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

Jun 09, 2022

Senate

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

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

Jun 01, 2022

Senate

Referred to Com. on GOV. & F.

  • Referral-Committee
Com. on GOV. & F.

May 26, 2022

Senate

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

May 25, 2022

Assembly

Read third time. Passed. Ordered to the Senate. (Ayes 62. Noes 0. Page 4918.)

May 19, 2022

Assembly

Read second time. Ordered to third reading.

May 18, 2022

Assembly

From committee: Do pass. (Ayes 13. Noes 0.) (May 18).

Apr 28, 2022

Assembly

From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (April 27). Re-referred to Com. on APPR.

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

Apr 19, 2022

Assembly

Re-referred to Com. on L. GOV.

  • Referral-Committee
Com. on L. GOV.

Apr 18, 2022

Assembly

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

Feb 10, 2022

Assembly

Referred to Com. on L. GOV.

  • Referral-Committee
Com. on L. GOV.

Feb 03, 2022

Assembly

From printer. May be heard in committee March 5.

Feb 02, 2022

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB1765 HTML
02/02/22 - Introduced PDF
04/18/22 - Amended Assembly PDF
06/09/22 - Amended Senate PDF

Related Documents

Document Format
04/26/22- Assembly Local Government PDF
05/16/22- Assembly Appropriations PDF
05/20/22- ASSEMBLY FLOOR ANALYSIS PDF
06/13/22- Senate Governance and Finance PDF
06/29/22- Sen. Floor Analyses PDF

Sources

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