SB 598 - Senate Governmental Organization Committee Hearing

Tuesday, April 23, 2019

Senate Bill 598 takes the first step to modernize California’s municipal finance reporting practices. It creates the Open Financial Statements Commission to evaluate the feasibility of transitioning municipal financial reports to a machine-readable format, such as iXBRL (inline eXtensible Business Reporting Language). Passed by the Legislature.  Vetoed by the governor. Bill page.