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AB 2329·CA·house

Surplus residential property: condition-adjusted price of the fair market value: Cities of Pasadena and South Pasadena.

EnactedFiled Feb 19, 2026
Sponsor: Mike Fong (D)
Latest Action

Chaptered by Secretary of State - Chapter 937, Statutes of 2026.

Sep 30, 2026

Legislative status

  1. Introduced
  2. In Committee
  3. Reported by Committee
  4. Floor Vote Scheduled
  5. Passed One Chamber
  6. Passed Both Chambers
  7. Sent to Executive
  8. Enacted

Summary

The bill changes how state agencies dispose of surplus single‑family homes, making the sale price reflect a 2019 appraisal adjusted for the property’s current condition and needed repairs. It sets a priority order that first offers homes to former owners, then to long‑term low‑ or moderate‑income tenants, and finally to other qualified buyers, with any excess proceeds placed in a local affordable‑housing trust. The goal is to keep displaced residents in their homes and to fund more affordable housing in Pasadena and South Pasadena.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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Vote

79 yes

0 no

Read third time. Passed. Ordered to the Senate. (Ayes 79. Noes 0. Page 5459.) · May 27, 2026

Hearings

History

  1. In Senate. Read first time. To Com. on RLS. for assignment.
  2. Read third time. Passed. Ordered to the Senate. (Ayes 79. Noes 0.)
  3. Read second time. Ordered to third reading.
  4. Joint Rule 62(a), file notice suspended. (Page 5030.)
  5. From committee: Do pass. (Ayes 15. Noes 0.) (May 14).
  6. In committee: Set, first hearing. Referred to APPR. suspense file.
  7. From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 12. Noes 0.) (April 22). Re-referred to Com. on APPR.
  8. Coauthors revised.
  9. Re-referred to Com. on H. & C.D.
  10. From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.
  11. Referred to Com. on H. & C.D.
  12. From printer. May be heard in committee March 22.

The 12 most recent of 13 recorded actions.

Sponsors

  • Mike Fong (D) · sponsor
  • Fong
  • Pérez

Bill text

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