AB 1181 scheduled for floor vote in Senate on August 26.

Photo courtesy of Adobe Stock.

Wow. Things are happening fast.

AB 1181 is scheduled as item 201 of 250 for the California Senate’s floor session at 2 p.m. this upcoming Monday, 8/26/19.

Status page for the bill shows the schedule at the bottom of this page. The Senate’s calendar can be seen here. Select the dates you wish. The agenda for 8/26/19 is here.

I don’t know how these things work. What I can see though is 250 bills scheduled for 8/26 with zero items scheduled for the floor session on 8/27 that starts at 9 a.m. and zero items scheduled for the 9 a.m. regular session on 8/28.

Take a look at the bills scheduled for the 26th.

I looked at a dozen before AB 1181 (#201) and ten after. Most of them were passed with either zero or one “no” votes in the Assembly. Only a few had 15 or 20 in opposition. That means only a few passed the Assembly with as low as 76% in favor. All of the bills I looked at cleared the Senate committees either unanimously or with only 1 no vote.

As I looked at those 20 odd bills, it almost seemed to me like a consent agenda.

With minimal opposition during the legislative process, a strongly worded floor analysis, FASB deciding it is not going to address the valuation issue, and public opposition fading (see this morning’s post), I will make an easily defendable guess that 1181 will pass by a large margin.

If anyone has ears to hear, there are only a few hours left to stop this locomotive that has a full head of steam. (Pardon the mixed metaphor.)

Anyone have any ideas? Perhaps the time to fix the overvaluation issue on our own has now expired:

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