CA AB 2166
vetoedMultifamily housing development: offsite housing factories: backstop financing.
California · 2025-2026 Regular Session · lower
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Quick answers
Did CA AB 2166 pass?
No. CA AB 2166 passed the legislature but was vetoed. Latest recorded action (2026-09-18): Vetoed by Governor.
What is CA AB 2166 about?
The Bergeson-Peace Infrastructure and Economic Development Bank Act creates within the Governor's Office of Business and Economic Development the California Infrastructure and Economic Development Bank (bank) and requires it to administer the act, which, among other things, provides for the financing of certain economic development projects. This bill would establish, upon appropriation by the Legislature, the Multifamily Backstop Financing Program (program) , for purposes of supporting multifamily projects through the provision of state-backed credit backstops that would enable surety companies to issue payment and performance bonds to qualified offsite housing factories in the state. The bill would authorize the bank to provide credit backstops to surety companies and surety insurers that issue construction bonds according to specified parameters. The bill would require the bank to adopt rules and regulations necessary to implement the program.
Who sponsors CA AB 2166?
Carrillo is the primary sponsor of CA AB 2166, joined by 4 cosponsors.
Description
The Bergeson-Peace Infrastructure and Economic Development Bank Act creates within the Governor's Office of Business and Economic Development the California Infrastructure and Economic Development Bank (bank) and requires it to administer the act, which, among other things, provides for the financing of certain economic development projects. This bill would establish, upon appropriation by the Legislature, the Multifamily Backstop Financing Program (program) , for purposes of supporting multifamily projects through the provision of state-backed credit backstops that would enable surety companies to issue payment and performance bonds to qualified offsite housing factories in the state. The bill would authorize the bank to provide credit backstops to surety companies and surety insurers that issue construction bonds according to specified parameters. The bill would require the bank to adopt rules and regulations necessary to implement the program.
- Introduced
- 2026-03-19
- Latest action
- 2026-09-18 — Vetoed by Governor.
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Carrilloauthor
- Wicksauthor
- Mark Gonzálezcoauthor
- Hoovercoauthor
- Quirk-Silvacoauthor
Committees
Not provided by source.
Action timeline
Newest first
2026-09-18
Vetoed by Governor.
executive-veto
2026-09-04
Enrolled and presented to the Governor at 4 p.m.
executive-receipt
2026-08-27
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 73. Noes 1.).
amendment-passage,committee-passage,committee-passage-favorable
2026-08-27
In Assembly. Concurrence in Senate amendments pending.
2026-08-27
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 73. Noes 1. Page 6689.).
amendment-passage,committee-passage,committee-passage-favorable
2026-08-26
Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0.).
passage,reading-1,reading-3
2026-08-24
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-08-20
Read third time and amended. Ordered to second reading.
amendment-passage,reading-1,reading-2,reading-3
2026-08-13
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-08-13
From committee: Do pass. (Ayes 6. Noes 0.) (August 13).
committee-passage,committee-passage-favorable
2026-08-03
In committee: Referred to APPR. suspense file.
referral-committee
2026-07-01
From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (June 30). Re-referred to Com. on APPR.
committee-passage,committee-passage-favorable,referral-committee
2026-06-22
From committee: Do pass and re-refer to Com. on HOUSING. (Ayes 8. Noes 1.) (June 22). Re-referred to Com. on HOUSING.
committee-passage,committee-passage-favorable,referral-committee
2026-06-03
Referred to Coms. on B. P. & E.D. and HOUSING.
referral-committee
2026-05-21
In Senate. Read first time. To Com. on RLS. for assignment.
reading-1,referral-committee
2026-05-21
Read third time. Passed. Ordered to the Senate. (Ayes 70. Noes 1. Page 5223.)
passage,reading-1,reading-3
2026-05-18
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-05-14
From committee: Do pass. (Ayes 13. Noes 0.) (May 14).
committee-passage,committee-passage-favorable
2026-05-06
In committee: Set, first hearing. Referred to APPR. suspense file.
referral-committee
2026-04-28
Re-referred to Com. on APPR.
referral-committee
2026-04-27
Read second time and amended.
amendment-passage,reading-1,reading-2
2026-04-23
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (April 22).
amendment-introduction,amendment-passage,committee-passage,referral-committee
2026-03-23
Re-referred to Com. on H. & C.D.
referral-committee
2026-03-19
From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.
amendment-introduction,amendment-passage,committee-passage,reading-1,reading-2,referral-committee
2026-03-19
Referred to Com. on H. & C.D.
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 [Appropriations]
2026-04-22 · pass · 11-0
Member-level votes (12)
- Kalra: yes
- Lee: yes
- Wilson: yes
- Ta: yes
- Quirk-Silva: yes
- Wicks: yes
- Garcia: yes
- Patterson: yes
- Ávila Farías: yes
- Haney: yes
- Caloza: yes
- Tangipa: other
Do pass.
2026-05-14 · pass · 13-0
Member-level votes (15)
- Krell: yes
- Sharp-Collins: yes
- Wicks: yes
- Pacheco: yes
- Caloza: yes
- Ta: yes
- Hoover: yes
- Fong: yes
- Calderon: yes
- Pellerin: yes
- Solache: yes
- Aguiar-Curry: yes
- Mark González: yes
- Tangipa: other
- Dixon: other
AB 2166 Carrillo Assembly Third Reading
2026-05-21 · pass · 70-1
Member-level votes (80)
- Ta: yes
- Lowenthal: yes
- Stefani: yes
- Mark González: yes
- Soria: yes
- Ortega: yes
- Sharp-Collins: yes
- Ávila Farías: yes
- Schultz: yes
- Berman: yes
- Schiavo: yes
- Rogers: yes
- Papan: yes
- Petrie-Norris: yes
- Caloza: yes
- Ahrens: yes
- Ellis: yes
- Haney: yes
- Solache: yes
- Nguyen: yes
- Patel: yes
- Tangipa: yes
- Bonta: yes
- Aguiar-Curry: yes
- Calderon: yes
- Patterson: yes
- Quirk-Silva: yes
- Kalra: yes
- Wicks: yes
- Davies: yes
- Lee: yes
- Wallis: yes
- Alanis: yes
- Michelle Rodriguez: yes
- Gabriel: yes
- Boerner: yes
- Krell: yes
- Ransom: yes
- Bryan: yes
- Castillo: yes
- Rivas: yes
- Wilson: yes
- Pacheco: yes
- Bains: yes
- Harabedian: yes
- Zbur: yes
- Valencia: yes
- Carrillo: yes
- Fong: yes
- Addis: yes
- Connolly: yes
- Gipson: yes
- Elhawary: yes
- Pellerin: yes
- Ward: yes
- Jeff Gonzalez: yes
- McKinnor: yes
- Hadwick: yes
- Bennett: yes
- Hart: yes
- Gallagher: yes
- Jackson: yes
- Macedo: yes
- Flora: yes
- Muratsuchi: yes
- Sanchez: yes
- Blanca Rubio: yes
- Irwin: yes
- Alvarez: yes
- Bauer-Kahan: yes
- DeMaio: no
- Celeste Rodriguez: other
- Ramos: other
- Dixon: other
- Johnson: other
- Garcia: other
- Lackey: other
- Arambula: other
- Hoover: other
- Chen: other
Do pass, but first be re-referred to the Committee on [Housing]
2026-06-22 · pass · 8-1
Member-level votes (11)
- Wahab: yes
- Menjivar: yes
- Arreguín: yes
- Choi: yes
- Archuleta: yes
- Caballero: yes
- Umberg: yes
- Richardson: yes
- Niello: no
- Smallwood-Cuevas: other
- Strickland: other
Do pass, but first be re-referred to the Committee on [Appropriations]
2026-06-30 · pass · 8-0
Member-level votes (10)
- Padilla: yes
- Arreguín: yes
- Caballero: yes
- Cabaldon: yes
- Cortese: yes
- Durazo: yes
- Ochoa Bogh: yes
- Grayson: yes
- Seyarto: other
- Gonzalez: other
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_api_sync, retrieved 2026-09-21T02:53:48.612860Z
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