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Transportation.

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 1610 · Assembly Bill · 2015–2016

Stage
Session ended
Started in
Assembly
Sponsor
1
Latest action
Aug 24, 2016

What it does

Existing law authorizes the California Infrastructure and Economic Development Bank to sell specified portions of compact assets, defined as moneys required to be paid to the state under specified provisions of designated tribal compacts and the state's rights to receive those payments, to a special purpose trust, which may issue bonds that are secured against those assets. The net proceeds of the sale of the compact assets are required to be deposited into certain transportation funds in a specified order. Existing law requires that when the amounts described in those provisions have been paid to the transportation funds named, the revenues received by the state from the tribal compacts…

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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 both chambers · Aug 24, 2016

  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

In the news

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Where it goes next

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

Work with this bill

Transportation. | 52