The Senate Appropriations Committee just moved AB 155 by Assembly Member Tony Mendoza from the Suspense File to the Senate Floor on a 6-4 vote. The bill was amended to eliminate the ability of the California Debt and Investment Advisory Commission (CDIAC) to impose conditions on a local agency’s request to seek Chapter 9 bankruptcy protection.
On Wednesday, the Senate Rules Committee declined Senator Dave Cox’s request to send the bill back to the Senate Local Government Committee after amendments made significant policy changes to the bill.
And so it goes.
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