SB 713
(Rubio)

Allows the Insurance Commissioner to approve investments by insurers in low- and moderate income and underserved communities under the California Organized Investment Network (COIN) program above the statutory limits; extend COIN through 2027..

History

  • March 3, 2021 – Referred to Sen. Insurance.
  • February 22, 2021 – Deadline waived by supermajority vote.
  • February 19, 2021 – Introduced.