The Golden State Infrastructure Corporation Act.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Vetoed
8. Signed into Law

Summary

The bill establishes a new public corporation and a continuously appropriated fund to provide financing—bonds, loans, notes, and other securities—to infrastructure companies and governmental entities. A board of directors, appointed without salary but reimbursed for expenses and paid $100 per meeting day, oversees the corporation. The measure is intended to expand financing options for critical projects while keeping the state's full faith and credit separate from the corporation’s obligations.

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

Vote

Read third time. Passed. (Ayes 64. Noes 5. Page 6615.) Ordered to the Senate. · Aug 26, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · Aug 29, 2025
• Appropriations Committee Hearing
  Appropriations · Aug 20, 2025
• Economic Development, Growth, and Household Impact Committee Hearing
  Economic Development, Growth, and Household Impact · Jul 8, 2025
• Judiciary Committee Hearing
  Judiciary · Jul 1, 2025
• Appropriations Committee Hearing
  Appropriations · May 23, 2025

History

1. Sep 4, 2025Ordered to inactive file on request of Assembly Member Aguiar-Curry.
2. Sep 2, 2025Read second time. Ordered to third reading.
3. Aug 29, 2025From committee: Do pass. (Ayes 11. Noes 1.) (August 29).
4. Aug 20, 2025August 20 set for first hearing. Placed on APPR. suspense file.
5. Jul 8, 2025From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (July 8). Re-referred to Com. on APPR.
6. Jul 8, 2025Coauthors revised.
7. Jul 2, 2025From committee: Do pass and re-refer to Com. on E.D., G., & H.I. (Ayes 10. Noes 0.) (July 1). Re-referred to Com. on E.D., G., & H.I.
8. Jul 2, 2025From committee with author's amendments. Read second time and amended. Re-referred to Com. on E.D., G., & H.I.
9. Jun 20, 2025June 24 set for first hearing canceled at the request of author.
10. Jun 16, 2025Re-referred to Coms. on JUD. and E.D., G., & H.I. pursuant to Assembly Rule 96.
11. Jun 5, 2025Referred to Coms. on E.D., G., & H.I. and JUD.
12. May 28, 2025Read third time. Passed. (Ayes 35. Noes 2. Page 1290.) Ordered to the Assembly.

The 12 most recent of 30 recorded actions.

Sponsors

• Anna Caballero (D) · sponsor
• Caballero
• Petrie-Norris
• Solache

Bill text

Opens the legislature’s own copy.

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