CA AB 2080
passed one chamberInvestment of funds: delegation to county treasurer.
California · 2025-2026 Regular Session · lower
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Quick answers
Did CA AB 2080 pass?
Not yet. CA AB 2080 has passed one chamber and awaits action in the other. Latest recorded action (2026-08-27): In Assembly. Concurrence in Senate amendments pending.
What is CA AB 2080 about?
Existing law generally authorizes local agencies to invest or reinvest public funds and prescribes rules for that investing or reinvesting. Existing law authorizes a legislative body of a local agency to delegate this authority for a one-year period to the treasurer of the local agency, as specified, and after a delegation, requires the treasurer to make a monthly report of those transactions to the legislative body. Existing law authorizes a county board of supervisors, by ordinance, to delegate this authority to the county treasurer, as specified, and, after a delegation, requires the treasurer to assume this responsibility until the board to either revokes this delegation by ordinance or decides not to renew the one-year period described above. This bill would remove the requirement that a delegation by a county board of supervisors be made by ordinance. The bill would remove the one-year limitation on those delegations, and would remove the requirement that revocation of those delegations be made by ordinance. The bill would condition a delegation on the county investment policy requiring the county treasurer to make monthly and quarterly reports, as specified.
Who sponsors CA AB 2080?
Johnson is the primary sponsor of CA AB 2080.
Description
Existing law generally authorizes local agencies to invest or reinvest public funds and prescribes rules for that investing or reinvesting. Existing law authorizes a legislative body of a local agency to delegate this authority for a one-year period to the treasurer of the local agency, as specified, and after a delegation, requires the treasurer to make a monthly report of those transactions to the legislative body. Existing law authorizes a county board of supervisors, by ordinance, to delegate this authority to the county treasurer, as specified, and, after a delegation, requires the treasurer to assume this responsibility until the board to either revokes this delegation by ordinance or decides not to renew the one-year period described above. This bill would remove the requirement that a delegation by a county board of supervisors be made by ordinance. The bill would remove the one-year limitation on those delegations, and would remove the requirement that revocation of those delegations be made by ordinance. The bill would condition a delegation on the county investment policy requiring the county treasurer to make monthly and quarterly reports, as specified.
- Introduced
- 2026-03-16
- Latest action
- 2026-08-27 — In Assembly. Concurrence in Senate amendments pending.
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Johnsonauthor
Committees
Not provided by source.
Action timeline
Newest first
2026-08-27
In Assembly. Concurrence in Senate amendments pending.
2026-08-27
Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0.).
passage,reading-1,reading-3
2026-08-24
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-08-21
Read third time and amended. Ordered to second reading.
amendment-passage,reading-1,reading-2,reading-3
2026-08-03
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-07-02
From committee: Do pass. (Ayes 7. Noes 0.) (July 1).
committee-passage,committee-passage-favorable
2026-06-10
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on L. GOV.
amendment-introduction,amendment-passage,committee-passage,reading-1,reading-2,referral-committee
2026-05-20
Referred to Com. on L. GOV.
referral-committee
2026-05-07
In Senate. Read first time. To Com. on RLS. for assignment.
reading-1,referral-committee
2026-05-07
Read third time. Passed. Ordered to the Senate. (Ayes 69. Noes 0. Page 4958.)
passage,reading-1,reading-3
2026-03-26
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-03-25
From committee: Do pass. (Ayes 10. Noes 0.) (March 25).
committee-passage,committee-passage-favorable
2026-03-17
Re-referred to Com. on L. GOV.
referral-committee
2026-03-16
From committee chair, with author's amendments: Amend, and re-refer to Com. on L. GOV. Read second time and amended.
amendment-introduction,amendment-passage,committee-passage,reading-1,reading-2,referral-committee
2026-03-02
Referred to Com. on L. GOV.
referral-committee
2026-02-19
From printer. May be heard in committee March 21.
2026-02-18
Read first time. To print.
reading-1
Versions
Documents
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Votes
Do pass.
2026-03-25 · pass · 10-0
Member-level votes (10)
- Pacheco: yes
- Ward: yes
- Carrillo: yes
- Blanca Rubio: yes
- Wilson: yes
- Ramos: yes
- Johnson: yes
- Ransom: yes
- Stefani: yes
- Ta: yes
AB 2080 Johnson Assembly Third Reading
2026-05-07 · pass · 69-0
Member-level votes (80)
- Fong: yes
- Caloza: yes
- Ellis: yes
- Patel: yes
- Macedo: yes
- Johnson: yes
- Alanis: yes
- Zbur: yes
- Ramos: yes
- Rivas: yes
- Sharp-Collins: yes
- Gallagher: yes
- Aguiar-Curry: yes
- Davies: yes
- Tangipa: yes
- Castillo: yes
- Gipson: yes
- Wilson: yes
- Dixon: yes
- Haney: yes
- Connolly: yes
- Nguyen: yes
- Michelle Rodriguez: yes
- Addis: yes
- Bains: yes
- Bennett: yes
- Rogers: yes
- Papan: yes
- Schiavo: yes
- Schultz: yes
- Irwin: yes
- Stefani: yes
- Ortega: yes
- Sanchez: yes
- Gabriel: yes
- Elhawary: yes
- Bauer-Kahan: yes
- Hadwick: yes
- Ward: yes
- Valencia: yes
- Bryan: yes
- Alvarez: yes
- DeMaio: yes
- Ávila Farías: yes
- Lowenthal: yes
- Pellerin: yes
- Jeff Gonzalez: yes
- McKinnor: yes
- Jackson: yes
- Patterson: yes
- Ransom: yes
- Berman: yes
- Pacheco: yes
- Quirk-Silva: yes
- Krell: yes
- Ta: yes
- Garcia: yes
- Mark González: yes
- Ahrens: yes
- Calderon: yes
- Soria: yes
- Blanca Rubio: yes
- Muratsuchi: yes
- Carrillo: yes
- Kalra: yes
- Boerner: yes
- Lackey: yes
- Solache: yes
- Harabedian: yes
- Hoover: other
- Wicks: other
- Chen: other
- Bonta: other
- Hart: other
- Celeste Rodriguez: other
- Arambula: other
- Wallis: other
- Lee: other
- Flora: other
- Petrie-Norris: other
Do pass
2026-07-01 · pass · 7-0
Member-level votes (7)
- Laird: yes
- Cervantes: yes
- Choi: yes
- Ashby: yes
- Arreguín: yes
- Seyarto: yes
- Durazo: yes
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_api_sync, retrieved 2026-08-28T23:25:52.188122Z
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