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State Compensation Insurance Fund: investments.

It became law on Sep 30, 2012.

CA SB 1513 · Senate Bill · 2011–2012

Stage
Became law
Started in
Senate
Sponsor
1
Latest action
Sep 30, 2012

What it does

Existing law requires the board of directors of the State Compensation Insurance Fund to invest and reinvest, from time to time, all moneys in the State Compensation Insurance Fund in excess of current requirements in the same manner as is authorized in certain provisions applicable to private insurance carriers. Existing law prohibits the board from investing or reinvesting in certain investments, including real estate and call options on common stock.

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)

    Sep 30, 2012

What moved

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Who is involved

Sponsors

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

  • Negrete McLeodLead sponsor

In the news

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Where it goes next

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

Work with this bill

State Compensation Insurance Fund: investments. | 52