Tag: David Chiu
Los Angeles Announces Plans for the First Public Bank In California
In a press conference celebrating the passage of AB 857 in front of the Los Angeles City Hall, Los Angeles City Council President Herb Wesson, along with Assemblyman Miguel Santiago (D-Los Angeles), announced that the first public bank in California...
Public Banks Bill Signed Into Law By Governor Newsom
Public banks, banks that are run by a city or county, can now open in California following the signing of Assembly Bill 857 by Governor Gavin Newsom. AB 857 states that any public bank in California must go through the...
RECAP: AB 857, Creating Public Banks In California
After being struck down in years past, AB 857 is a signature away from making public banks in California a reality. What is it? Assembly Bill 857. According to AB 857, whose framework is largely based on the only current...
RECAP: AB 32 Will Shut Down The Private Prison Industry In California
While the rest of the country is seeing exponential growth in the for-profit prison industry, it’s a signature away from extinction in California. What is it? Assembly Bill 32. Under the bill, all contracts with private or for-profit prisons in...
RECAP: AB 1343, The Bill That Would Have Taken Down For-Profit Universities In California
Despite making national news in April and May for it’s tough stance on for-profit university loans, AB 1343 quietly fizzled out in the Senate. What was it? Assembly Bill 1343. Part of a group of seven bills aimed at giving...
Leyva Determined to Bring Back two Bills Vetoed by Brown
After making a commitment to reintroduce two of her key legislative proposals that were vetoed by Governor Jerry Brown in last year’s legislative session, Senator Connie Leyva (D-Chino) has affirmed her promises, unveiling SB 22, rape kit testing, and SB...