CA AB 2050
enactedCommon interest developments: reserve accounts.
California · 2025-2026 Regular Session · lower
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Quick answers
Did CA AB 2050 pass?
Yes. CA AB 2050 has been enacted into law. Latest recorded action (2026-09-29): Chaptered by Secretary of State - Chapter 796, Statutes of 2026.
What is CA AB 2050 about?
Existing law, the Davis-Stirling Common Interest Development Act, governs the management and operation of common interest developments, and requires an association to manage a common interest development, including requiring the association to levy regular and special assessments sufficient to perform its obligations, subject to specified limitations on increases in those assessments. The act requires an association to distribute an annual budget report 30 to 90 days before the end of its fiscal year. Under existing law, that budget report includes, among other things, a summary of the association's reserve accounts. The act requires an association to perform a study of the reserve account requirements, as defined, and, as part of that study, cause to be conducted a visual inspection of the accessible areas of major components that the association is obligated to repair, replace, restore, or maintain. This bill would, beginning January 1, 2032, revise the requirement to perform a study of the reserve account requirements to, among other things, include the minimum reserve contribution level to prevent the projected association reserve account balance from falling below zero over the following 30 years. The bill would require an association to fund the reserve account on an annual basis in at least the minimum reserve contribution level. If an association's reserve balance account is projected to fall below zero at any time over the following 30 years, the bill would require the association to transfer 15% of its gross annual budget to its reserve account each year, as prescribed. If the association is unable to fund the reserve account in at least the minimum reserve contribution level through its gross annual budget, the bill would require the association to levy a reserve funding special assessment, as provided. This bill would incorporate additional changes to Section 5550 of the Civil Code proposed by SB 1238 to be operative only if this bill and SB 1238 are enacted and this bill is enacted last.
Who sponsors CA AB 2050?
Caloza is the primary sponsor of CA AB 2050, joined by 2 cosponsors.
Description
Existing law, the Davis-Stirling Common Interest Development Act, governs the management and operation of common interest developments, and requires an association to manage a common interest development, including requiring the association to levy regular and special assessments sufficient to perform its obligations, subject to specified limitations on increases in those assessments. The act requires an association to distribute an annual budget report 30 to 90 days before the end of its fiscal year. Under existing law, that budget report includes, among other things, a summary of the association's reserve accounts. The act requires an association to perform a study of the reserve account requirements, as defined, and, as part of that study, cause to be conducted a visual inspection of the accessible areas of major components that the association is obligated to repair, replace, restore, or maintain. This bill would, beginning January 1, 2032, revise the requirement to perform a study of the reserve account requirements to, among other things, include the minimum reserve contribution level to prevent the projected association reserve account balance from falling below zero over the following 30 years. The bill would require an association to fund the reserve account on an annual basis in at least the minimum reserve contribution level. If an association's reserve balance account is projected to fall below zero at any time over the following 30 years, the bill would require the association to transfer 15% of its gross annual budget to its reserve account each year, as prescribed. If the association is unable to fund the reserve account in at least the minimum reserve contribution level through its gross annual budget, the bill would require the association to levy a reserve funding special assessment, as provided. This bill would incorporate additional changes to Section 5550 of the Civil Code proposed by SB 1238 to be operative only if this bill and SB 1238 are enacted and this bill is enacted last.
- Introduced
- 2026-04-15
- Latest action
- 2026-09-29 — Chaptered by Secretary of State - Chapter 796, Statutes of 2026.
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Calozaauthor
- Dixoncoauthor
- Zburcoauthor
Committees
Not provided by source.
Action timeline
Newest first
2026-09-29
Chaptered by Secretary of State - Chapter 796, Statutes of 2026.
became-law
2026-09-29
Approved by the Governor.
executive-signature
2026-09-03
Enrolled and presented to the Governor at 4 p.m.
executive-receipt
2026-08-26
Read third time. Passed. Ordered to the Assembly. (Ayes 30. Noes 3.).
passage,reading-1,reading-3
2026-08-26
In Assembly. Concurrence in Senate amendments pending.
2026-08-26
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 65. Noes 4.).
amendment-passage,committee-passage,committee-passage-favorable
2026-08-26
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 65. Noes 4. Page 6639.).
amendment-passage,committee-passage,committee-passage-favorable
2026-08-24
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-08-21
Read third time and amended. Ordered to second reading.
amendment-passage,reading-1,reading-2,reading-3
2026-08-05
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-08-04
From committee: Do pass. (Ayes 4. Noes 1.) (August 3).
committee-passage,committee-passage-favorable
2026-07-01
From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (June 30). Re-referred to Com. on APPR.
committee-passage,committee-passage-favorable,referral-committee
2026-06-18
Read second time and amended. Re-referred to Com. on JUD.
amendment-passage,reading-1,reading-2,referral-committee
2026-06-17
From committee: Amend, and do pass as amended and re-refer to Com. on JUD. (Ayes 7. Noes 1.) (June 16).
amendment-introduction,amendment-passage,committee-passage,referral-committee
2026-05-20
Referred to Coms. on HOUSING, JUD. and APPR.
referral-committee
2026-05-12
In Senate. Read first time. To Com. on RLS. for assignment.
reading-1,referral-committee
2026-05-11
Read third time. Passed. Ordered to the Senate. (Ayes 59. Noes 7. Page 4989.)
passage,reading-1,reading-3
2026-04-29
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-04-28
Coauthors revised.
2026-04-28
From committee: Do pass. (Ayes 10. Noes 1.) (April 28).
committee-passage,committee-passage-favorable
2026-04-20
Re-referred to Com. on JUD.
referral-committee
2026-04-16
Read second time and amended.
amendment-passage,reading-1,reading-2
2026-04-15
From committee: Amend, and do pass as amended and re-refer to Com. on JUD. (Ayes 11. Noes 0.) (April 15).
amendment-introduction,amendment-passage,committee-passage,referral-committee
2026-03-09
Referred to Coms. on H. & C.D. and JUD.
referral-committee
2026-02-19
From printer. May be heard in committee March 21.
2026-02-18
Read first time. To print.
reading-1
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Votes
Do pass as amended and be re-referred to the Committee on [Judiciary]
2026-04-15 · pass · 11-0
Member-level votes (12)
- Patterson: yes
- Wilson: yes
- Ávila Farías: yes
- Haney: yes
- Lee: yes
- Caloza: yes
- Tangipa: yes
- Wicks: yes
- Kalra: yes
- Quirk-Silva: yes
- Garcia: yes
- Ta: other
Do pass.
2026-04-28 · pass · 10-1
Member-level votes (12)
- Connolly: yes
- Bauer-Kahan: yes
- Bryan: yes
- Dixon: yes
- Lee: yes
- Harabedian: yes
- Kalra: yes
- Papan: yes
- Pacheco: yes
- Zbur: yes
- Sanchez: no
- Johnson: other
AB 2050 Caloza Assembly Third Reading
2026-05-11 · pass · 59-7
Member-level votes (80)
- Jackson: yes
- Lee: yes
- Boerner: yes
- Haney: yes
- McKinnor: yes
- Berman: yes
- Carrillo: yes
- Davies: yes
- Mark González: yes
- Muratsuchi: yes
- Garcia: yes
- Rogers: yes
- Nguyen: yes
- Hart: yes
- Patel: yes
- Pacheco: yes
- Ortega: yes
- Fong: yes
- Wicks: yes
- Ransom: yes
- Gabriel: yes
- Blanca Rubio: yes
- Schiavo: yes
- Elhawary: yes
- Connolly: yes
- Papan: yes
- Bonta: yes
- Ávila Farías: yes
- Gipson: yes
- Alvarez: yes
- Addis: yes
- Caloza: yes
- Jeff Gonzalez: yes
- Stefani: yes
- Aguiar-Curry: yes
- Zbur: yes
- Patterson: yes
- Alanis: yes
- Pellerin: yes
- Ahrens: yes
- Calderon: yes
- Dixon: yes
- Krell: yes
- Sharp-Collins: yes
- Bauer-Kahan: yes
- Bryan: yes
- Schultz: yes
- Rivas: yes
- Valencia: yes
- Ward: yes
- Ramos: yes
- Bennett: yes
- Tangipa: yes
- Irwin: yes
- Wilson: yes
- Wallis: yes
- Harabedian: yes
- Petrie-Norris: yes
- Kalra: yes
- DeMaio: no
- Gallagher: no
- Hadwick: no
- Sanchez: no
- Ellis: no
- Johnson: no
- Macedo: no
- Solache: other
- Hoover: other
- Lowenthal: other
- Chen: other
- Lackey: other
- Flora: other
- Michelle Rodriguez: other
- Soria: other
- Celeste Rodriguez: other
- Bains: other
- Castillo: other
- Ta: other
- Quirk-Silva: other
- Arambula: other
Do pass as amended, but first amend, and re-refer to the Committee on [Judiciary]
2026-06-16 · pass · 7-1
Member-level votes (10)
- Arreguín: yes
- Padilla: yes
- Durazo: yes
- Cabaldon: yes
- Cortese: yes
- Ochoa Bogh: yes
- Caballero: yes
- Seyarto: no
- Grayson: other
- Gonzalez: other
Do pass, but first be re-referred to the Committee on [Appropriations]
2026-06-30 · pass · 12-0
Member-level votes (13)
- Wahab: yes
- Niello: yes
- Umberg: yes
- Laird: yes
- Stern: yes
- Ashby: yes
- Allen: yes
- Weber Pierson: yes
- Wiener: yes
- Caballero: yes
- Reyes: yes
- Durazo: yes
- Valladares: other
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_api_sync, retrieved 2026-10-02T20:33:43.444095Z
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