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This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA AB 124 · Assembly Bill · 2023–2024

Stage
Session ended
Started in
Assembly
Sponsor
1
Latest action
Aug 14, 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, governed by a board of directors. 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 did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Aug 14, 2023

  4. Law (Needs attention)

    The session ended first

What moved

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Who is involved

Sponsors

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

  • Committee on BudgetLead sponsor

Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

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