Press Releases

Senator Hertzberg’s SB 930 passes Senate Floor with bipartisan support

May 30, 2018

SACRAMENTO – Senator Bob Hertzberg, D-Van Nuys, announced today that his bill to establish a limited purpose state charter bank for use by licensed cannabis businesses passed on the Senate Floor.

Though Proposition 64 legalized adult-use cannabis in California, cannabis related businesses remain unable to deposit their income with federally-insured financial institutions, leading this $10 billion industry to operate mostly in cash.

Bill would tighten requirements for and authorize a study of the bail insurance market

May 29, 2018

SACRAMENTO – Senator Bob Hertzberg, D-Van Nuys, today announced that his legislation to further his ongoing examination of the state’s bail industry, Senate Bill 898, cleared the Senate Floor and is headed to the California State Assembly.

SB 898, which is co-authored by Assemblymember Rob Bonta (D-Oakland), shines a light on the bail industry’s lending practices by authorizing the Insurance Commissioner to examine the bail insurance market, their profits, and the relationship between the risk assumed by the insurer and the rates charged to those seeking a bail bond.

SB 1076 requires CalOES to make recommendations on ways to protect against attacks on our electrical grid

May 29, 2018

SACRAMENTO – Senator Bob Hertzberg, D-Van Nuys, announced today that the California State Senate took steps to prepare for the future and protect its residents by unanimously passing his bill, Senate Bill 1076.  

SB 898 and SB 930 will be eligible for Senate floor votes next week 

May 25, 2018

SACRAMENTO – Legislation by Sen. Bob Hertzberg (D-Van Nuys) that would shine light on the bail industry’s predatory lending practices and establish the framework that would allow licensed cannabis businesses to open bank accounts passed the Senate Appropriations Committee today.

The following bills authored by Hertzberg passed out of Senate Appropriations and will be eligible for a Senate floor vote next week:

Senator Hertzberg is joined by a coalition of stakeholders to celebrate the passage of SB 606 and AB 1668, partner bills that would make water efficiency a California way of life

May 17, 2018

SACRAMENTO – Senator Bob Hertzberg (D-Van Nuys) today announced that Senate Bill 606 (Hertzberg) and Assembly Bill 1668 (Friedman), which would establish permanent water efficiency goals across the state for the first time, were passed by the California State Legislature.

SB 838 would create more secure method for corporations to issue and transfer share certificates

May 17, 2018

SACRAMENTO – Senator Bob Hertzberg, D-Van Nuys, today announced that his bill that would enable the use of blockchain technology for some business practices in California passed the Senate Floor.

Senate Committee on Governance and Finance Holds First in Series of Hearings on SB 993, Sen. Hertzberg’s Latest Tax Reform Measure

May 16, 2018

SACRAMENTO – Senator Bob Hertzberg, D-Van Nuys, today testified before the Senate Committee on Governance and Finance to make the case for SB 993, his latest tax reform measure.

After a year and a half of negotiations, the Senate and Assembly pass SB 606 and AB 1668, partner bills that would establish statewide water efficiency standards

May 14, 2018

SACRAMENTO – Senator Bob Hertzberg (D-Van Nuys) today announced that Senate Bill 606 (Hertzberg) and Assembly Bill 1668 (Friedman), which would establish permanent water efficiency goals across the state for the first time, passed on the Assembly and Senate Floors, respectively.

Senator from Van Nuys encouraged by Governor’s commitment to tax reform, bail reform, and other key policy priorities

May 11, 2018

SACRAMENTO – Senator Bob Hertzberg, D-Van Nuys, released the following statement today in response to the release of the May Revision to the Governor’s 2018-19 Budget:

Skirball’s Jocelyn Tetel to testify about need for funding to maintain and expand Center’s educational activities and cultural programs

May 10, 2018

SACRAMENTO – Senator Bob Hertzberg, D-Van Nuys, announced today that Jocelyn Tetel, Vice President of Advancement of the Skirball Cultural Center in Los Angeles, will testify this morning in the Senate Budget Subcommittee No. 1 on Education in support of a budget augmentation for the Center that he authored.

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