Council File: 19-1235 Subscribe via emailPrint this recordPublic Comment

Title
AB 857 / California Law / Municipal Bank of Los Angeles (MBLA) / Establishment / Public Bank License
Date Received / Introduced
10/11/2019
Last Changed Date
06/22/2025
Expiration Date
06/20/2025
Reference Numbers
Related Council File: 17-0831
Chief Legislative Analyst Report: 20-02-0194; 22-11-0639
Mover
HERB WESSON, JR.
Second
MIKE BONIN
PAUL KORETZ
File Activities
Date Activity  
06/22/2025 Community Impact Statement submitted by Silver Lake Neighborhood Council. Click to view online docs
05/08/2025 Community Impact Statement submitted by Historic Highland Park Neighborhood Council. Click to view online docs
05/07/2025 Community Impact Statement submitted by Los Feliz Neighborhood Council. Click to view online docs
03/18/2025 Community Impact Statement submitted by Greater Cypress Park Neighborhood Council. Click to view online docs
03/16/2025 Community Impact Statement submitted by Elysian Valley Riverside Neighborhood Council. Click to view online docs
08/28/2023 Community Impact Statement submitted by Northwest San Pedro Neighborhood Council. Click to view online docs
06/21/2023 Council action final. Click to view online docs
06/20/2023 Council adopted item, subject to reconsideration, pursuant to Council Rule 51. Click to view online docs
06/16/2023 City Clerk scheduled item for Council on June 20, 2023. Click to view online docs
06/07/2023 Economic and Community Development Committee approved as amended .
06/02/2023 Economic and Community Development Committee scheduled item for committee meeting on June 7, 2023.
01/13/2023 Council rereferred item to Economic and Community Development Committee, pursuant to Council Action of January 13, 2023, Council File No. 23-2000.
12/12/2022 Chief Legislative Analyst document(s) referred to Economic Development and Jobs Committee. Click to view online docs
12/09/2022 Document(s) submitted by Chief Legislative Analyst, as follows:

Chief Legislative Analyst report 22-11-0639, dated December 9, 2022, relative to receipt of proposal for studies regarding the formation of a public bank.
Click to view online docs
10/06/2021 Council action final. Click to view online docs
10/05/2021 Council adopted item, as amended, forthwith. Click to view online docs
10/01/2021 City Clerk scheduled item for Council on October 5, 2021. Click to view online docs
09/20/2021 Community Impact Statement submitted by Central Hollywood Neighborhood Council. Click to view online docs
08/11/2021 Community Impact Statement submitted by North Hollywood Northeast. Click to view online docs
06/25/2021 Community Impact Statement submitted by Historic Highland Park Neighborhood Council. Click to view online docs
06/24/2021 Community Impact Statement submitted by Echo Park Neighborhood Council. Click to view online docs
06/17/2021 Community Impact Statement submitted by Palms Neighborhood Council. Click to view online docs
06/09/2021 Community Impact Statement submitted by Mid City WEST Neighborhood Council. Click to view online docs
06/07/2021 Community Impact Statement submitted by Silver Lake Neighborhood Council. Click to view online docs
06/04/2021 Community Impact Statement submitted by Boyle Heights Neighborhood Council. Click to view online docs
06/04/2021 Community Impact Statement submitted by Central San Pedro Neighborhood Council. Click to view online docs
06/02/2021 Community Impact Statement submitted by Eagle Rock Neighborhood Council. Click to view online docs
05/24/2021 Community Impact Statement submitted by Empowerment Congress North Area NDC. Click to view online docs
05/22/2021 Community Impact Statement submitted by Hollywood Studio District Neighborhood Council. Click to view online docs
05/21/2021 Community Impact Statement submitted by Arroyo Seco Neighborhood Council. Click to view online docs
05/18/2021 Community Impact Statement submitted by Reseda Neighborhood Council. Click to view online docs
05/14/2021 Community Impact Statement submitted by Atwater Village Neighborhood Council. Click to view online docs
05/12/2021 Community Impact Statement submitted by Northridge West Neighborhood Council. Click to view online docs
05/11/2021 Economic Development and Jobs Committee approved as amended .
05/07/2021 Economic Development and Jobs Committee scheduled item for committee meeting on May 11, 2021.
04/30/2021 Community Impact Statement submitted by Empowerment Congress West Area Neighborhood Development Council. Click to view online docs
04/21/2021 Community Impact Statement submitted by East Hollywood Neighborhood Council (EHNC). Click to view online docs
01/12/2021 Council rereferred item to Economic Development and Jobs Committee, pursuant to Council Action of January 12, 2021, Council File No. 21-2000. Click to view online docs
02/27/2020 Chief Legislative Analyst document(s) referred to Economic Development Committee. Click to view online docs
02/27/2020 Document(s) submitted by Chief Legislative Analyst, as follows:

Chief Legislative Analyst report 20-02-0194, dated February 27, 2020, relative to authority to release a Request for Proposals for consultant services needed for the formation of a public bank serving the City of Los Angeles, and related actions.
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12/12/2019 Council action final.
12/04/2019 Council adopted item as amended, subject to reconsideration, pursuant to Council Rule 51. Click to view online docs
11/26/2019 City Clerk scheduled item for Council on December 4, 2019. Click to view online docs
11/26/2019 Ad Hoc on Comprehensive Job Creation Plan Committee waived consideration of item . Click to view online docs
10/11/2019 Motion document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee. Click to view online docs

Online Documents (Doc)

Title Doc Date
Community Impact Statement submitted by Silver Lake Neighborhood Council 06/22/2025
Communication(s) from Public 05/20/2025
Community Impact Statement submitted by Historic Highland Park Neighborhood Council 05/08/2025
Community Impact Statement submitted by Los Feliz Neighborhood Council 05/07/2025
Community Impact Statement submitted by Greater Cypress Park Neighborhood Council 03/18/2025
Community Impact Statement submitted by Elysian Valley Riverside Neighborhood Council 03/16/2025
Communication(s) from Public 03/05/2025
Communication(s) from Public 06/25/2024
Community Impact Statement submitted by Northwest San Pedro Neighborhood Council 08/28/2023
Council Action 06/21/2023
Speaker Card(s) 06/20/2023
Report from Economic and Community Development Committee 06/07/2023
Speaker Card(s) 06/07/2023
Communication(s) from Public 06/06/2023
Communication(s) from Public 05/30/2023
Communication(s) from Public 05/26/2023
Communication(s) from Public 04/17/2023
Communication(s) from Public 04/10/2023
Communication(s) from Public 04/05/2023
Communication(s) from Public 03/31/2023
Communication(s) from Public 03/29/2023
Report from Chief Legislative Analyst 12/09/2022
Communication(s) from Public 02/16/2022
Communication(s) from Public 10/08/2021
Amending Motion (Krekorian - Price) 10/05/2021
Council Action 10/05/2021
Communication(s) from Public 09/27/2021
Communication(s) from Public 09/22/2021
Communication(s) from Public 09/20/2021
Community Impact Statement submitted by Central Hollywood Neighborhood Council 09/20/2021
Communication(s) from Public 09/07/2021
Communication(s) from Public 09/03/2021
Community Impact Statement submitted by North Hollywood Northeast 08/11/2021
Communication(s) from Public 07/08/2021
Communication(s) from Public 06/28/2021
Community Impact Statement submitted by Historic Highland Park Neighborhood Council 06/25/2021
Community Impact Statement submitted by Echo Park Neighborhood Council 06/24/2021
Community Impact Statement submitted by Palms Neighborhood Council 06/17/2021
Community Impact Statement submitted by Mid City WEST Neighborhood Council 06/09/2021
Community Impact Statement submitted by Silver Lake Neighborhood Council 06/07/2021
Community Impact Statement submitted by Boyle Heights Neighborhood Council 06/04/2021
Community Impact Statement submitted by Central San Pedro Neighborhood Council 06/04/2021
Community Impact Statement submitted by Eagle Rock Neighborhood Council 06/02/2021
Communication(s) from Public 05/26/2021
Community Impact Statement submitted by Empowerment Congress North Area NDC 05/24/2021
Community Impact Statement submitted by Hollywood Studio District Neighborhood Council 05/22/2021
Community Impact Statement submitted by Arroyo Seco Neighborhood Council 05/21/2021
Community Impact Statement submitted by Reseda Neighborhood Council 05/18/2021
Community Impact Statement submitted by Atwater Village Neighborhood Council 05/14/2021
Community Impact Statement submitted by Northridge West Neighborhood Council 05/12/2021
Communication(s) from Public 05/11/2021
Communication(s) from Public 05/11/2021
Report from Economic Development and Jobs Committee 05/11/2021
Community Impact Statement submitted by Empowerment Congress West Area Neighborhood Development Council 04/30/2021
Communication(s) from Public 04/23/2021
Communication(s) from Public 04/21/2021
Community Impact Statement submitted by East Hollywood Neighborhood Council (EHNC) 04/21/2021
Communication(s) from Public 04/20/2021
Communication(s) from Public 04/14/2021
Communication(s) from Public 03/25/2021
Communication(s) from Public 03/25/2021
Public Comment 03/17/2021
Communication(s) from Public 03/10/2020
Report from Chief Legislative Analyst 02/27/2020
Council Action 12/12/2019
Amending Motion 12/04/2019
Speaker Card(s) 12/04/2019
Communication(s) from Public 10/25/2019
Communication(s) from Public 10/15/2019
Communication(s) from Public 10/11/2019
Motion 10/11/2019

Scroll Vote Left Council Vote Information (3 Votes) Scroll Vote Right

Meeting Date: 06/20/2023
Meeting Type: Regular
Vote Action: Adopted
Vote Given: (12 - 0 - 3)
Member Name CD Vote
(VACANT) (VACANT) 6 ABSENT
BOB BLUMENFIELD 3 YES
KEVIN DELEON 14 YES
MARQUEECE HARRIS-DAWSON 8 YES
EUNISSES HERNANDEZ 1 YES
HEATHER HUTT 10 YES
PAUL KREKORIAN 2 YES
JOHN LEE 12 YES
TIM MCOSKER 15 YES
TRACI PARK 11 YES
CURREN D. PRICE 9 ABSENT
NITHYA RAMAN 4 YES
MONICA RODRIGUEZ 7 ABSENT
HUGO SOTO-MARTINEZ 13 YES
KATY YAROSLAVSKY 5 YES