State general obligation bonds: disclosure requirements.

Summary

The bill adds new rules that any public agency issuing voter‑approved general‑obligation bonds must publish goals, performance metrics, data‑collection plans, and annual updates online within 90 days of voter approval. Lead state agencies must also post a summary of bond projects and file written reports on timeliness, outcomes, and compliance with the Department of Finance and legislative budget committees. The aim is to increase transparency and accountability for bond spending.

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

Vote

From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 22. Noes 0.) (April 23). Re-referred to Com. on APPR. · Apr 24, 2025

Hearings

• Appropriations Committee Hearing
  Appropriations · May 23, 2025
• Appropriations Committee Hearing
  Appropriations · May 14, 2025
• Governmental Organization Committee Hearing
  Governmental Organization · Apr 23, 2025

History

1. Feb 2, 2026From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2. Jan 31, 2026Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
3. May 23, 2025In committee: Held under submission.
4. May 14, 2025In committee: Set, first hearing. Referred to APPR. suspense file.
5. Apr 24, 2025From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 22. Noes 0.) (April 23). Re-referred to Com. on APPR.
6. Apr 10, 2025Re-referred to Com. on G.O. pursuant to Assembly Rule 96.
7. Apr 1, 2025Re-referred to Com. on L. GOV.
8. Mar 28, 2025From committee chair, with author's amendments: Amend, and re-refer to Com. on L. GOV. Read second time and amended.
9. Mar 3, 2025Referred to Com. on L. GOV.
10. Feb 20, 2025From printer. May be heard in committee March 22.
11. Feb 19, 2025Read first time. To print.

Sponsors

• Pacheco · sponsor

Bill text

Opens the legislature’s own copy.

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