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SB 417·CA·senate

The Veterans and Affordable Housing Bond Act of 2026.

EnactedFiled Feb 18, 2025
Sponsor: Monique Limón (D)
Latest Action

Chaptered by Secretary of State. Chapter 16, Statutes of 2026.

Jun 25, 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 creates an Affordable Housing Bond Act Trust Fund and directs up to $10 billion of general‑obligation bond proceeds to a suite of housing initiatives, including multifamily construction, supportive housing, wildfire‑related housing, farmworker and tribal housing, and home‑ownership assistance. Voters must approve the bond measure in the June 2 and November 3, 2026 primary election, and the law takes effect immediately as an urgency statute.

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Vote

61 yes

7 no

Read third time. Urgency clause adopted. Passed. (Ayes 61. Noes 7. Page 5852.) Ordered to the Senate. · Jun 25, 2026

Hearings

History

  1. Read second time. Ordered to third reading.
  2. Joint Rule 62(a) suspended.
  3. From committee: Do pass. (Ayes 12. Noes 3.) (May 14).
  4. May 13 set for first hearing. Placed on suspense file.
  5. From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 2.) (April 22). Re-referred to Com. on APPR.
  6. Coauthors revised.
  7. Referred to Com. on H. & C.D.
  8. Read third time. Urgency clause adopted. Passed. (Ayes 30. Noes 9. Page 3305.) Ordered to the Assembly.
  9. In Assembly. Read first time. Held at Desk.
  10. Read second time. Ordered to third reading.
  11. Read second time and amended. Ordered to second reading.
  12. From committee: Do pass as amended. (Ayes 5. Noes 2. Page 3269.) (January 22).

The 12 most recent of 20 recorded actions.

Sponsors

  • Monique Limón (D) · sponsor
  • Addis
  • Ahrens
  • Alvarez
  • Arreguín
  • Ashby
  • Ávila Farías
  • Becker
  • Berman
  • Blakespear
  • Cabaldon
  • Caballero
  • Caloza
  • Connolly
  • Grayson
  • Haney
  • Harabedian
  • Krell
  • Mark González
  • Reyes
  • Schultz
  • Umberg
  • Wahab
  • Ward
  • Wicks

And 3 more cosponsors.

Bill text

Read the official text ↗

Opens the legislature’s own copy.

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