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AB 2046 - An Act to Amend, Repeal, and Add Section 6588 of the Government Code, Relating to Joint Exercise of Powers.

Joint exercise of powers: financing. 2013-2014 Legislature. View bill details
Author(s):
Summary:
The Joint Exercise of Powers Act authorizes the legislative or other governing bodies of 2 or more public agencies to jointly exercise by agreement any power common to the contracting parties, as specified, and authorizes a joint powers authority to exercise various powers, including, among others, the power to issue bonds, including bonds bearing interest, to pay the cost of any public capital… More
The Joint Exercise of Powers Act authorizes the legislative or other governing bodies of 2 or more public agencies to jointly exercise by agreement any power common to the contracting parties, as specified, and authorizes a joint powers authority to exercise various powers, including, among others, the power to issue bonds, including bonds bearing interest, to pay the cost of any public capital improvement, working capital, or liability or other insurance program, as specified.

This bill would, until January 1, 2021, authorize a joint powers authority to issue or cause to be issued bonds and enter into a loan agreement for the financing or refinancing of a project that is situated in another state, including working capital related to that project, if the project and its financing meets certain conditions. This bill would require the Legislative Analyst, on or before January 1, 2020, to prepare and submit to the Legislature a report on the issuance of those bonds and the financing of those projects. This bill would require, no later than July 1, 2019, authorities that issue those bonds to provide information concerning the bonds, the projects financed, the public benefits accruing to this state and such other information requested by the Legislative Analyst’s Office for the purpose of preparing the report. Hide
 
Status:
The bill was voted on by a Senate committee on August 4, 2014. 
Assembly Vote: On Passage

PASSED on May 29, 2014.

voted YES: 60 voted NO: 17
2 voted present/not voting

An Act to Amend, Repeal, and Add Section 6588 of the Government Code, Relating to Joint Exercise of Powers.

AB 2046 — 2013-2014 Legislature

Summary
The Joint Exercise of Powers Act authorizes the legislative or other governing bodies of 2 or more public agencies to jointly exercise by agreement any power common to the contracting parties, as specified, and authorizes a joint powers authority to exercise various powers, including, among others, the power to issue bonds, including bonds bearing interest, to pay the cost of any public capital improvement, working capital, or liability or other insurance program, as specified.

This bill would, until January 1, 2021, authorize a joint powers authority to issue or cause to be issued bonds and enter into a loan agreement for the financing or refinancing of a project that is situated in another state, including working capital related to that project, if the project and its financing meets certain conditions. This bill would require the Legislative Analyst, on or before January 1, 2020, to prepare and submit to the Legislature a report on the issuance of those bonds and the financing of those projects. This bill would require, no later than July 1, 2019, authorities that issue those bonds to provide information concerning the bonds, the projects financed, the public… More
The Joint Exercise of Powers Act authorizes the legislative or other governing bodies of 2 or more public agencies to jointly exercise by agreement any power common to the contracting parties, as specified, and authorizes a joint powers authority to exercise various powers, including, among others, the power to issue bonds, including bonds bearing interest, to pay the cost of any public capital improvement, working capital, or liability or other insurance program, as specified.

This bill would, until January 1, 2021, authorize a joint powers authority to issue or cause to be issued bonds and enter into a loan agreement for the financing or refinancing of a project that is situated in another state, including working capital related to that project, if the project and its financing meets certain conditions. This bill would require the Legislative Analyst, on or before January 1, 2020, to prepare and submit to the Legislature a report on the issuance of those bonds and the financing of those projects. This bill would require, no later than July 1, 2019, authorities that issue those bonds to provide information concerning the bonds, the projects financed, the public benefits accruing to this state and such other information requested by the Legislative Analyst’s Office for the purpose of preparing the report. Hide
Learn More
At LegInfo.ca.gov
Title
An Act to Amend, Repeal, and Add Section 6588 of the Government Code, Relating to Joint Exercise of Powers.
Author(s)
Jimmy Gomez
Co-Authors
    Subjects
    • Joint exercise of powers: financing
    Major Actions
    Introduced2/20/2014
    Referred to Committee
    Passed Assembly Committee on Local Government4/09/2014
    Failed passage in Assembly5/08/2014
    Passed Assembly5/29/2014
    Passed Senate Committee on Governance and Finance6/25/2014
    Passed Senate Committee on Appropriations8/04/2014
    Bill History
    Chamber/CommitteeMotionDateResult
    select this voteAssembly Committee on Local GovernmentDo pass.4/09/2014This motion PASSED the Assembly Committee on Local Government
    6 voted YES 0 voted NO 3 voted present/not voting
    select this voteAssemblyAB 2046 GOMEZ Third Reading Urgency5/08/2014This bill DID NOT PASS the Assembly
    48 voted YES 12 voted NO 15 voted present/not voting
    currently selectedAssemblyAB 2046 GOMEZ Assembly Third Reading5/29/2014This bill PASSED the Assembly
    60 voted YES 17 voted NO 2 voted present/not voting
    select this voteSenate Committee on Governance and FinanceDo pass as amended, and re-refer to the Committee on Appropriations.6/25/2014This motion PASSED the Senate Committee on Governance and Finance
    7 voted YES 0 voted NO 0 voted present/not voting
    select this voteSenate Committee on AppropriationsPlaced on Appropriations Suspense file.8/04/2014This motion PASSED the Senate Committee on Appropriations
    7 voted YES 0 voted NO 0 voted present/not voting
    ActionDateDescription
    Introduced2/20/2014
    2/20/2014Read first time. To print.
    2/21/2014From printer. May be heard in committee March 23.
    3/03/2014Referred to Com. on L. GOV.
    3/24/2014From committee chair, with author's amendments: Amend, and re-refer to Com. on L. GOV. Read second time and amended.
    3/25/2014Re-referred to Com. on L. GOV.
    select this voteVote4/09/2014Do pass.
    4/10/2014From committee: Do pass. (Ayes 6. Noes 0.) (April 9).
    4/21/2014Read second time. Ordered to third reading.
    select this voteAssembly Vote on Passage5/08/2014AB 2046 GOMEZ Third Reading Urgency
    5/12/2014May 14-Motion to reconsider continued.
    5/29/2014Read third time. Passed. Ordered to the Senate.
    5/29/2014In Senate. Read first time. To Com. on RLS. for assignment.
    currently selectedAssembly Vote on Passage5/29/2014AB 2046 GOMEZ Assembly Third Reading
    6/05/2014Referred to Com. on GOV. & F.
    6/12/2014In committee: Set, first hearing. Hearing canceled at the request of author.
    6/19/2014From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on GOV. & F.
    select this voteVote6/25/2014Do pass as amended, and re-refer to the Committee on Appropriations.
    6/30/2014From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (May 28).
    7/01/2014Read second time and amended. Re-referred to Com. on APPR.
    8/04/2014From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR.
    select this voteVote8/04/2014Placed on Appropriations Suspense file.
    8/14/2014In committee: Held under submission.

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    An Act to Amend, Repeal, and Add Section 6588 of the Government Code, Relating to Joint Exercise of Powers.: AB 2046 GOMEZ Assembly Third Reading

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    Luis AlejoDCA-30$0$0
    Travis AllenRCA-72$0$0
    Tom AmmianoDCA-17$0$0
    Toni G. AtkinsDCA-78$0$0
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    Jim FrazierDCA-11$0$0
    Beth GainesRCA-6$0$0
    Cristina GarciaDCA-58$0$0
    Mike GattoDCA-43$0$0
    Jimmy GomezDCA-51$0$0
    Lorena S. GonzalezDCA-80$0$0
    Rich GordonDCA-24$0$0
    Jeff GorellRCA-44$0$0
    Adam C. GrayDCA-21$0$0
    Shannon GroveRCA-34$0$0
    Curt HagmanRCA-55$0$0
    Isadore HallDCA-64$0$0
    Diane HarkeyRCA-73$0$0
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    Chris R. HoldenDCA-41$0$0
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    Reginald B. Jones-Sawyer, Sr.DCA-59$0$0
    Marc LevineDCA-10$0$0
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    Allan MansoorRCA-74$0$0
    Jose MedinaDCA-61$0$0
    Melissa A. MelendezRCA-67$0$0
    Kevin MullinDCA-22$0$0
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    Brian NestandeRCA-42$0$0
    Kristin OlsenRCA-12$0$0
    Richard PanDCA-9$0$0
    Jim PattersonRCA-23$0$0
    Henry PereaDCA-31$0$0
    John PerezDCA-53$0$0
    Manuel PerezDCA-56$0$0
    Bill QuirkDCA-20$0$0
    Sharon Quirk-SilvaDCA-65$0$0
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    Scott WilkRCA-38$0$0
    Das WilliamsDCA-37$0$0
    Mariko YamadaDCA-4$0$0

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