SB 1242 California Senate · 2019-2020 Regular Session

Affordable housing risk retention pools.

Summary
Existing law authorizes an affordable housing entity to join with one or more affordable housing entities in an arrangement providing for the pooling of self-insured claims or losses. Existing law requires a pool to annually furnish a copy of the pool's audited financial statement and most recent actuarial review to specified legislative committees, including the Senate Committee on Transportation and Housing and the Senate Committee on Banking, Finance, and Insurance. This bill would make technical, nonsubstantive changes to this provision, including updating the names of the committees to the Senate Committee on Housing and the Senate Committee on Insurance.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 20, 2020 Last action Mar 5, 2020
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Mar 5, 2020
Committee
Referred to Com. on RLS.
upper
Feb 20, 2020
Introduced
Introduced. Read first time. To Com. on RLS. for assignment. To print.
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bob Archuleta
Bob Archuleta
DDemocratic
CA
30