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It became law on Jul 10, 2023.

CA SB 124 · Senate Bill · 2023–2024

Stage
Became law
Started in
Senate
Sponsor
1
Latest action
Jul 10, 2023

What it does

(1) The Bergeson-Peace Infrastructure and Economic Development Bank Act establishes the California Infrastructure and Economic Development Bank (I-Bank) in the Governor's Office of Business and Economic Development. The act, among other things, authorizes the I-Bank to make loans, issue bonds, and provide financial assistance for various types of projects that qualify as economic development or public development facilities.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jul 10, 2023

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

  • Committee on Budget and Fiscal ReviewLead sponsor

Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

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