Individual legislator voting records for this vote are not currently available. Includes all politicians who were in office at any point during the 2011-2012 Legislature.

AB 2160 - An Act to Add Section 1241.2 to the Insurance Code, Relating to Insurance.

Insurance: retention risk. 2011-2012 Legislature. View bill details
Author(s):
Summary:
Existing law prohibits domestic insurers from acquiring foreign investments from or located in foreign jurisdictions designated as state sponsors of terrorism by the United States Secretary of State.

Existing law, the Iran Contracting Act of 2010, provides that a person whose name appears on a list developed or contracted for development by the Department of General Services as a… More
Existing law prohibits domestic insurers from acquiring foreign investments from or located in foreign jurisdictions designated as state sponsors of terrorism by the United States Secretary of State.

Existing law, the Iran Contracting Act of 2010, provides that a person whose name appears on a list developed or contracted for development by the Department of General Services as a person determined by the department to be engaged in investment activities in Iran is ineligible to bid on, submit a proposal for, enter into, or renew a contract with a public entity.

This bill would require that above-referenced investments by a domestic insurer in companies that are included on the list maintained by the Department of General Services be treated as nonadmitted assets on the financial statements of the domestic insurer. The bill would deem use of the list developed for purposes of the Iran Contracting Act of 2010 as automatic compliance with these requirements. The bill would require the insurer to provide the Department of Insurance, on an annual basis, with a list of the investments the insurer has in companies included on the Department of General Services list. Hide
 
Status:
The bill has become law (chaptered). 
Assembly Vote: On Passage

PASSED on August 22, 2012.

voted YES: 73 voted NO: 4
3 voted present/not voting

An Act to Add Section 1241.2 to the Insurance Code, Relating to Insurance.

AB 2160 — 2011-2012 Legislature

Summary
Existing law prohibits domestic insurers from acquiring foreign investments from or located in foreign jurisdictions designated as state sponsors of terrorism by the United States Secretary of State.

Existing law, the Iran Contracting Act of 2010, provides that a person whose name appears on a list developed or contracted for development by the Department of General Services as a person determined by the department to be engaged in investment activities in Iran is ineligible to bid on, submit a proposal for, enter into, or renew a contract with a public entity.

This bill would require that above-referenced investments by a domestic insurer in companies that are included on the list maintained by the Department of General Services be treated as nonadmitted assets on the financial statements of the domestic insurer. The bill would deem use of the list developed for purposes of the Iran Contracting Act of 2010 as automatic compliance with these requirements. The bill would require the insurer to provide the Department of Insurance, on an annual basis, with a list of the investments the insurer has in companies included on the Department of General Services… More
Existing law prohibits domestic insurers from acquiring foreign investments from or located in foreign jurisdictions designated as state sponsors of terrorism by the United States Secretary of State.

Existing law, the Iran Contracting Act of 2010, provides that a person whose name appears on a list developed or contracted for development by the Department of General Services as a person determined by the department to be engaged in investment activities in Iran is ineligible to bid on, submit a proposal for, enter into, or renew a contract with a public entity.

This bill would require that above-referenced investments by a domestic insurer in companies that are included on the list maintained by the Department of General Services be treated as nonadmitted assets on the financial statements of the domestic insurer. The bill would deem use of the list developed for purposes of the Iran Contracting Act of 2010 as automatic compliance with these requirements. The bill would require the insurer to provide the Department of Insurance, on an annual basis, with a list of the investments the insurer has in companies included on the Department of General Services list. Hide
Learn More
At LegInfo.ca.gov
Title
An Act to Add Section 1241.2 to the Insurance Code, Relating to Insurance.
Author(s)
Bob Blumenfield, Mike Feuer
Co-Authors
Subjects
  • Insurance: retention risk
Major Actions
Introduced2/23/2012
Referred to Committee
Passed Assembly Committee on Insurance5/02/2012
Passed Assembly5/25/2012
Passed Senate Committee on Insurance6/28/2012
Passed Senate8/20/2012
Passed Assembly8/22/2012
Presented to the governor (enrolled)8/30/2012
Became law (chaptered).9/23/2012
Bill History
Chamber/CommitteeMotionDateResult
select this voteAssembly Committee on InsuranceDo pass as amended.5/02/2012This motion PASSED the Assembly Committee on Insurance
8 voted YES 3 voted NO 2 voted present/not voting
select this voteAssemblyAB 2160 BLUMENFIELD Assembly Third Reading5/25/2012This bill PASSED the Assembly
63 voted YES 4 voted NO 13 voted present/not voting
select this voteSenate Committee on InsuranceDo pass.6/28/2012This motion PASSED the Senate Committee on Insurance
9 voted YES 0 voted NO 0 voted present/not voting
select this voteSenateAssembly 3rd Reading AB2160 Blumenfield By Anderson8/20/2012This bill PASSED the Senate
38 voted YES 1 voted NO 1 voted present/not voting
currently selectedAssemblyAB 2160 BLUMENFIELD Concurrence in Senate Amendments8/22/2012This bill PASSED the Assembly
73 voted YES 4 voted NO 3 voted present/not voting
ActionDateDescription
Introduced2/23/2012
2/23/2012Read first time. To print.
2/24/2012From printer. May be heard in committee March 25.
3/15/2012Referred to Com. on INS.
4/30/2012From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended.
5/01/2012Re-referred to Com. on INS.
select this voteVote5/02/2012Do pass as amended.
5/08/2012From committee: Do pass as amended. (Ayes 8. Noes 3.) (May 2).
5/09/2012Read second time and amended. Ordered to second reading.
5/10/2012Read second time. Ordered to third reading.
5/21/2012Read third time and amended. Ordered to third reading. (Page 4911.)
5/25/2012Read third time. Passed. Ordered to the Senate. (Ayes 63. Noes 4. Page 4975.)
5/25/2012In Senate. Read first time. To Com. on RLS. for assignment.
select this voteAssembly Vote on Passage5/25/2012AB 2160 BLUMENFIELD Assembly Third Reading
6/07/2012Referred to Com. on INS.
6/12/2012From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on INS.
select this voteVote6/28/2012Do pass.
7/02/2012From committee: Do pass. (Ayes 9. Noes 0.) (June 28).
7/03/2012Read second time. Ordered to third reading.
8/06/2012Read third time and amended. Ordered to second reading.
8/07/2012Read second time. Ordered to third reading.
8/20/2012Read third time. Passed. Ordered to the Assembly. (Ayes 38. Noes 1. Page 4588.).
8/20/2012In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 22 pursuant to Assembly Rule 77.
select this voteSenate Vote on Passage8/20/2012Assembly 3rd Reading AB2160 Blumenfield By Anderson
8/22/2012Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 73. Noes 4. Page 6107.).
currently selectedAssembly Vote on Passage8/22/2012AB 2160 BLUMENFIELD Concurrence in Senate Amendments
8/30/2012Enrolled and presented to the Governor at 4:30 p.m.
9/23/2012Approved by the Governor.
9/23/2012Chaptered by Secretary of State - Chapter 479, Statutes of 2012.

Total contributions given to Assemblymembers from interest groups that…

$31,600
$0
$31,600
59 times as much
$136,400
$1,051,599
$600,150
$62,400
$1,850,548
8 Organizations Supported and 8 Opposed; See Which Ones

Organizations that took a position on
An Act to Add Section 1241.2 to the Insurance Code, Relating to Insurance.: AB 2160 BLUMENFIELD Concurrence in Senate Amendments

8 organizations supported this bill

30 Years After
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
American Jewish Committee
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
Amvets Department of California
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
Anti-Defamation League
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
Jewish Community Relations Council
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
Jewish Federation of Greater Los Angeles
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
Jewish Public Affairs Committee of California
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
United Against A Nuclear Iran
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.

8 organizations opposed this bill

American Council of Life Insurers
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
American Insurance Association
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
Association of California Insurance Companies
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
Association of California Life and Health Insurance Companies
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
California Chamber of Commerce
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
National Association of Mutual Insurance Companies
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
Pacific Association of Domestic Insurance Companies
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.
Personal Insurance Federation of California
Senate Rules Committee (2012, August 8). Senate Floor Analysis. Retrieved September 27, 2012, from Leginfo: Bill Analysis.

Need proof?

View citations of support and opposition

Includes reported contributions to campaigns of Assemblymembers in office on day of vote, from interest groups invested in the vote according to MapLight, January 1, 2011 – December 31, 2012.
Contributions data source: FollowTheMoney.org

Contributions by Legislator

Namesort iconPartyDistrict$ From Interest Groups
That Supported
$ From Interest Groups
That Opposed
Vote
Katcho AchadjianRCA-33$0$20,250
Luis AlejoDCA-28$100$16,900
Michael AllenDCA-7$7,800$4,100
Tom AmmianoDCA-13$0$0
Toni AtkinsDCA-76$0$49,700
Jim BeallDCA-24$0$3,900
Bill BerryhillRCA-26$0$34,110
Marty BlockDCA-78$0$7,500
Bob BlumenfieldDCA-40$0$9,900
Susan BonillaDCA-11$0$37,540
Steven BradfordDCA-51$0$19,000
Julia BrownleyDCA-41$0$0
Joan BuchananDCA-15$0$49,529
Betsy ButlerDCA-53$0$9,800
Charles CalderonDCA-58$0$0
Nora CamposDCA-23$0$9,500
Wilmer Amina CarterDCA-62$0$0
Gilbert CedilloDCA-45$0$0
Wesley ChesbroDCA-1$0$8,000
Connie ConwayRCA-34$0$109,781
Paul CookRCA-65$0$0
Mike DavisDCA-48$0$0
Roger DickinsonDCA-9$0$6,000
Tim DonnellyRCA-59$0$9,750
Mike EngDCA-49$0$0
Mike FeuerDCA-42$0$0
Nathan FletcherRCA-75$0$0
Paul FongDCA-22$2,500$7,700
Felipe FuentesDCA-39$0$0
Warren FurutaniDCA-55$0$0
Beth GainesRCA-4$1,000$107,096
Cathleen GalgianiDCA-17$0$28,300
Martin GarrickRCA-74$0$0
Mike GattoDCA-43$0$74,025
Rich GordonDCA-21$0$39,900
Jeff GorellRCA-37$0$28,850
Shannon GroveRCA-32$0$19,000
Curt HagmanRCA-60$0$60,600
Linda HaldermanRCA-29$0$0
Isadore HallDCA-52$0$46,878
Diane HarkeyRCA-73$0$30,200
Mary HayashiDCA-18$0$0
Roger HernandezDCA-57$3,900$38,730
Jerry HillDCA-19$0$49,800
Alyson HuberDCA-10$0$0
Ben HuesoDCA-79$0$26,200
Jared HuffmanDCA-6$0$0
Kevin JeffriesRCA-66$0$0
Brian JonesRCA-77$0$16,200
Steve KnightRCA-36$0$16,400
Ricardo LaraDCA-50$0$45,700
Dan LogueRCA-3$0$66,029
Bonnie LowenthalDCA-54$0$0
Fiona MaDCA-12$0$0
Allan MansoorRCA-68$0$21,300
Tony MendozaDCA-56$0$0
Jeff MillerRCA-71$0$56,350
Holly MitchellDCA-47$0$27,000
Bill MonningDCA-27$0$33,213
Mike MorrellRCA-63$0$25,200
Brian NestandeRCA-64$0$34,100
Jim NielsenRCA-2$0$14,300
Chris NorbyRCA-72$0$39,900
Kristin OlsenRCA-25$0$52,600
Richard PanDCA-5$9,300$82,745
Henry PereaDCA-31$0$90,100
John PerezDCA-46$0$105,223
Manuel PerezDCA-80$0$41,700
Anthony PortantinoDCA-44$0$0
Jim SilvaRCA-67$0$0
Nancy SkinnerDCA-14$0$13,000
Cameron SmythRCA-38$0$0
Jose SolorioDCA-69$0$0
Sandre SwansonDCA-16$0$0
Norma TorresDCA-61$0$36,500
David ValadaoRCA-30$0$0
Don WagnerRCA-70$0$35,050
Bob WieckowskiDCA-20$0$11,500
Das WilliamsDCA-35$3,000$22,900
Mariko YamadaDCA-8$4,000$1,000

Add Data Filters:

Legislator Filters
Legislator Filters
Show All
NamePartyDistrict$ From Interest Groups
That Supported
$ From Interest Groups
That Opposed
Vote
Katcho AchadjianRCA-33$0$20,250
Luis AlejoDCA-28$100$16,900
Michael AllenDCA-7$7,800$4,100
Tom AmmianoDCA-13$0$0
Toni AtkinsDCA-76$0$49,700
Jim BeallDCA-24$0$3,900
Bill BerryhillRCA-26$0$34,110
Marty BlockDCA-78$0$7,500
Bob BlumenfieldDCA-40$0$9,900
Susan BonillaDCA-11$0$37,540
Steven BradfordDCA-51$0$19,000
Julia BrownleyDCA-41$0$0
Joan BuchananDCA-15$0$49,529
Betsy ButlerDCA-53$0$9,800
Charles CalderonDCA-58$0$0
Nora CamposDCA-23$0$9,500
Wilmer Amina CarterDCA-62$0$0
Gilbert CedilloDCA-45$0$0
Wesley ChesbroDCA-1$0$8,000
Connie ConwayRCA-34$0$109,781
Paul CookRCA-65$0$0
Mike DavisDCA-48$0$0
Roger DickinsonDCA-9$0$6,000
Tim DonnellyRCA-59$0$9,750
Mike EngDCA-49$0$0
Mike FeuerDCA-42$0$0
Nathan FletcherRCA-75$0$0
Paul FongDCA-22$2,500$7,700
Felipe FuentesDCA-39$0$0
Warren FurutaniDCA-55$0$0
Beth GainesRCA-4$1,000$107,096
Cathleen GalgianiDCA-17$0$28,300
Martin GarrickRCA-74$0$0
Mike GattoDCA-43$0$74,025
Rich GordonDCA-21$0$39,900
Jeff GorellRCA-37$0$28,850
Shannon GroveRCA-32$0$19,000
Curt HagmanRCA-60$0$60,600
Linda HaldermanRCA-29$0$0
Isadore HallDCA-52$0$46,878
Diane HarkeyRCA-73$0$30,200
Mary HayashiDCA-18$0$0
Roger HernandezDCA-57$3,900$38,730
Jerry HillDCA-19$0$49,800
Alyson HuberDCA-10$0$0
Ben HuesoDCA-79$0$26,200
Jared HuffmanDCA-6$0$0
Kevin JeffriesRCA-66$0$0
Brian JonesRCA-77$0$16,200
Steve KnightRCA-36$0$16,400
Ricardo LaraDCA-50$0$45,700
Dan LogueRCA-3$0$66,029
Bonnie LowenthalDCA-54$0$0
Fiona MaDCA-12$0$0
Allan MansoorRCA-68$0$21,300
Tony MendozaDCA-56$0$0
Jeff MillerRCA-71$0$56,350
Holly MitchellDCA-47$0$27,000
Bill MonningDCA-27$0$33,213
Mike MorrellRCA-63$0$25,200
Brian NestandeRCA-64$0$34,100
Jim NielsenRCA-2$0$14,300
Chris NorbyRCA-72$0$39,900
Kristin OlsenRCA-25$0$52,600
Richard PanDCA-5$9,300$82,745
Henry PereaDCA-31$0$90,100
John PerezDCA-46$0$105,223
Manuel PerezDCA-80$0$41,700
Anthony PortantinoDCA-44$0$0
Jim SilvaRCA-67$0$0
Nancy SkinnerDCA-14$0$13,000
Cameron SmythRCA-38$0$0
Jose SolorioDCA-69$0$0
Sandre SwansonDCA-16$0$0
Norma TorresDCA-61$0$36,500
David ValadaoRCA-30$0$0
Don WagnerRCA-70$0$35,050
Bob WieckowskiDCA-20$0$11,500
Das WilliamsDCA-35$3,000$22,900
Mariko YamadaDCA-8$4,000$1,000

Interest Groups that supported this bill

$ Donated
Minority & ethnic groups$31,600
Human rights$0

Interest Groups that opposed this bill

$ Donated
Property & casualty insurance$1,051,599
Accident & health insurance$600,150
Life insurance$136,400
Chambers of commerce$62,400
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