Then it will then go to the Assembly floor for a second vote. And, finally to
Governor Newsom's desk to be signed into law.
This is the final push! Call now to get us over the finish line!
Already,
with your help
-- from thousands of phone calls, emails, and letters of support to legislators --
we defeated the big banks in the California State Assembly and two Senate committees!
We passed the Assembly Banking & Finance Committee.
We passed the Assembly Local Government Committee.
We passed the Assembly Appropriations Committee.
We passed the Assembly floor vote.
We passed the Senate Banking and Financial Institutions Committee.
We passed the Senate Government and Finance Committee.
Now we're confident that we'll pass the Senate Appropriations Committee on Friday, August 29. So the next stop is the floor of each house. Your calls will help AB 857 pass those floor votes!
Once Governor Newsom signs the bill into law, California will be ready to charter local public banks!
Billions of dollars of public money will no longer be held captive by Wall Street banks once AB 857 is law, enabling California cities and counties to create our own banks. Those billions can make a difference in funding public-benefit projects, such as Green New Deal initiatives.
Call Your Representative Now in 3 Easy Steps
- Find your CA State Senator and Assemblymember: findyourrep.legislature.ca.gov
- Find their Capitol phone number: Senate Democrats Call List / Assembly Democrats Call List
- Call your Senator and Assemblymember. Tell the staffer your full name and zip code. Simply say: "As a constituent, I'm urging the [Senator or Assemblymember] to support AB 857, the Public Banking Act."
The momentum is with California.
Be a part of history!
Together, we can make California the first state in the nation to enable local public banks!
Thank you!
Randa Solick and Nancy Price for WILPF Earth Democracy Issue Committee,
People for Public Banking and the California Public Banking Alliance
#AB857 #PublicBanksNow #MainStreetNotWallStreet
