- Stage
- Became law
- Started in
- Assembly
- Sponsor
- 1
- Latest action
- Jun 29, 2020
What it does
The Bergeson-Peace Infrastructure and Economic Development Bank Act (Bank Act) establishes the California Infrastructure and Economic Development Bank (I-Bank) in the Governor's Office of Business and Economic Development, that is governed by a board of directors. The Bank 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.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
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Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- Committee on Budget
Where it goes next
Once a bill is decided, the questions are about what is done with it in California.