Bill Text: CA AB386 | 2021-2022 | Regular Session | Amended
Bill Title: Public Employees’ Retirement Fund: investments: confidentiality.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2021-07-13 - In committee: Set, first hearing. Failed passage. Reconsideration granted. [AB386 Detail]
Download: California-2021-AB386-Amended.html
Amended
IN
Senate
June 29, 2021 |
Amended
IN
Assembly
April 28, 2021 |
Amended
IN
Assembly
March 18, 2021 |
Introduced by Assembly Member Cooper |
February 02, 2021 |
LEGISLATIVE COUNSEL'S DIGEST
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 6254.32 is added to the Government Code, to read:6254.32.
(a) For purposes of this section, the following definitions shall apply:(1)“Business identifying information” means any information about a legal entity that reveals a trade secret, commercial information, or financial data that is proprietary or confidential, including, but not limited to, information that may be used to distinguish or trace the identity of a person or other legal entity maintaining a constituent ownership interest in the borrower.
(2)
(3)“Personal identifying information” has the same meaning as defined in Section 530.55 of the Penal Code.
(4)
(5)
(3)Personal or business identifying information contained in records that would disclose the identities of any constituent owners of the borrower, regardless of whether the constituent owner is a person or legal entity.
(4)
(5)Materials relating to collateral pledged in support of the private loan.
(6)