CA AB 226
enactedCalifornia FAIR Plan Association.
California · 2025-2026 Regular Session · lower
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Quick answers
Did CA AB 226 pass?
Yes. CA AB 226 has been enacted into law. Latest recorded action (2025-10-09): Chaptered by Secretary of State - Chapter 473, Statutes of 2025.
What is CA AB 226 about?
The California FAIR Plan Association is a joint reinsurance association in which all insurers licensed to write basic property insurance participate in administering a program for the equitable apportionment of basic property insurance for persons who are unable to obtain that coverage through normal channels. Existing law requires the association's plan of operation and any amendment to the plan to be approved by the Insurance Commissioner. Existing law establishes the California Infrastructure and Economic Development Bank and authorizes it to issue bonds to provide funds for the payment of costs of a project for a participating party or upon request by a state entity. This bill would authorize the association, if granted prior approval from the commissioner, to request the California Infrastructure and Economic Development Bank to issue bonds, and would authorize the bank to issue those bonds to finance the costs of claims, to increase liquidity and claims-paying capacity of the association, and to refund bonds previously issued for that purpose. The bill would specify that the association is a participating party and that financing all or any portion of the costs of claims or to increase liquidity and the claims-paying capacity of the association is a project for bond purposes. The bill would authorize the bank to loan the proceeds of issued bonds to the association, and would authorize the association to enter into a loan agreement with the bank and to enter into a line of credit agreement or other agreement This bill would require the association, if the above-described bonds, loan agreements, or lines of credit received the prior approval of the commissioner, and if the association is unable to timely and fully meet its repayment obligation, to assess members in the amounts and at the times necessary to timely pay in full all obligations of the association with respect to those bonds, loan agreements, lines of credit, and other agreements, as specified. The bill would authorize the association to secure those bonds, loan agreements, lines of credit, and other agreements by a statutory lien, as specified. Existing law establishes the California Infrastructure and Economic Development Bank Fund, a continuously appropriated fund, for the purpose of implementing the objectives of the bank. To the extent that the bill would result in additional revenues being deposited into the California Infrastructure and Economic Development Bank Fund, the bill would make an appropriation. This bill would declare that it is to take effect immediately as an urgency statute.
Who sponsors CA AB 226?
Calderon is the primary sponsor of CA AB 226, joined by 17 cosponsors.
Description
The California FAIR Plan Association is a joint reinsurance association in which all insurers licensed to write basic property insurance participate in administering a program for the equitable apportionment of basic property insurance for persons who are unable to obtain that coverage through normal channels. Existing law requires the association's plan of operation and any amendment to the plan to be approved by the Insurance Commissioner. Existing law establishes the California Infrastructure and Economic Development Bank and authorizes it to issue bonds to provide funds for the payment of costs of a project for a participating party or upon request by a state entity. This bill would authorize the association, if granted prior approval from the commissioner, to request the California Infrastructure and Economic Development Bank to issue bonds, and would authorize the bank to issue those bonds to finance the costs of claims, to increase liquidity and claims-paying capacity of the association, and to refund bonds previously issued for that purpose. The bill would specify that the association is a participating party and that financing all or any portion of the costs of claims or to increase liquidity and the claims-paying capacity of the association is a project for bond purposes. The bill would authorize the bank to loan the proceeds of issued bonds to the association, and would authorize the association to enter into a loan agreement with the bank and to enter into a line of credit agreement or other agreement This bill would require the association, if the above-described bonds, loan agreements, or lines of credit received the prior approval of the commissioner, and if the association is unable to timely and fully meet its repayment obligation, to assess members in the amounts and at the times necessary to timely pay in full all obligations of the association with respect to those bonds, loan agreements, lines of credit, and other agreements, as specified. The bill would authorize the association to secure those bonds, loan agreements, lines of credit, and other agreements by a statutory lien, as specified. Existing law establishes the California Infrastructure and Economic Development Bank Fund, a continuously appropriated fund, for the purpose of implementing the objectives of the bank. To the extent that the bill would result in additional revenues being deposited into the California Infrastructure and Economic Development Bank Fund, the bill would make an appropriation. This bill would declare that it is to take effect immediately as an urgency statute.
- Introduced
- 2025-05-29
- Latest action
- 2025-10-09 — Chaptered by Secretary of State - Chapter 473, Statutes of 2025.
- Bill type
- bill,appropriation
- Last updated
- —
Subjects
Sponsors
- Calderonauthor
- Ortegacoauthor
- Pellerincoauthor
- Ransomcoauthor
- Sharp-Collinscoauthor
- Stefanicoauthor
- Stricklandcoauthor
- Connollycoauthor
- Alvarezauthor
- Bryanprincipal coauthor
- Harabedianprincipal coauthor
- Irwinprincipal coauthor
- Schiavoprincipal coauthor
- Schultzprincipal coauthor
- Zburprincipal coauthor
- Addiscoauthor
- Elhawarycoauthor
- Bermancoauthor
Committees
Not provided by source.
Action timeline
Newest first
2025-10-09
Chaptered by Secretary of State - Chapter 473, Statutes of 2025.
became-law
2025-10-09
Approved by the Governor.
executive-signature
2025-09-24
Enrolled and presented to the Governor at 3 p.m.
executive-receipt
2025-09-18
Enrolled measure version corrected.
executive-receipt
2025-09-17
Enrolled measure version corrected.
executive-receipt
2025-09-13
In Assembly. Concurrence in Senate amendments pending.
2025-09-13
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 74. Noes 0. Page 3494.).
amendment-passage,committee-passage,committee-passage-favorable
2025-09-13
Assembly Rule 63 suspended. (Page 3484.)
2025-09-13
Joint Rules 61(a)(14) and 51(a)(4) suspended. (Ayes 59. Noes 20. Page 3413.)
2025-09-13
Read third time. Urgency clause adopted. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 3047.).
amendment-passage,passage,reading-1,reading-3
2025-09-03
Ordered to third reading.
reading-1,reading-3
2025-09-03
From special consent calendar.
2025-09-02
Ordered to special consent calendar.
2025-08-29
From committee: Do pass. (Ayes 7. Noes 0.) (August 29).
committee-passage,committee-passage-favorable
2025-08-29
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2025-08-18
In committee: Referred to suspense file.
referral-committee
2025-07-09
In committee: Hearing postponed by committee.
2025-06-25
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (June 25). Re-referred to Com. on APPR.
committee-passage,committee-passage-favorable,referral-committee
2025-06-16
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on INS.
amendment-introduction,amendment-passage,committee-passage,reading-1,reading-2,referral-committee
2025-06-09
From committee: Do pass and re-refer to Com. on INS. (Ayes 8. Noes 0.) (June 9). Re-referred to Com. on INS.
committee-passage,committee-passage-favorable,referral-committee
2025-05-29
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. P. & E.D.
amendment-introduction,amendment-passage,committee-passage,reading-1,reading-2,referral-committee
2025-05-07
Referred to Coms. on B. P. & E.D. and INS.
referral-committee
2025-04-02
In Senate. Read first time. To Com. on RLS. for assignment.
reading-1,referral-committee
2025-04-01
Read third time. Urgency clause adopted. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 951.).
amendment-passage,passage,reading-1,reading-3
2025-03-20
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2025-03-19
From committee: Do pass. (Ayes 15. Noes 0.) (March 19).
committee-passage,committee-passage-favorable
2025-03-19
In committee: Set, first hearing. Referred to APPR. suspense file.
referral-committee
2025-03-05
From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (March 5). Re-referred to Com. on APPR.
committee-passage,committee-passage-favorable,referral-committee
2025-03-05
Coauthors revised.
2025-02-19
Coauthors revised.
2025-02-18
Referred to Com. on INS.
referral-committee
2025-01-10
From printer. May be heard in committee February 9.
2025-01-09
Read first time. To print.
reading-1
Versions
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Votes
Do pass and be re-referred to the Committee on [Appropriations]
2025-03-05 · pass · 12-0
Member-level votes (17)
- Valencia: yes
- Alvarez: yes
- Addis: yes
- Chen: yes
- Macedo: yes
- Krell: yes
- Gipson: yes
- Calderon: yes
- Berman: yes
- Nguyen: yes
- Wallis: yes
- Ávila Farías: yes
- Hadwick: other
- Michelle Rodriguez: other
- Petrie-Norris: other
- Harabedian: other
- Ortega: other
Do pass.
2025-03-19 · pass · 15-0
Member-level votes (15)
- Mark González: yes
- Wicks: yes
- Hart: yes
- Solache: yes
- Caloza: yes
- Hadwick: yes
- Pacheco: yes
- Ta: yes
- Calderon: yes
- Arambula: yes
- Elhawary: yes
- Pellerin: yes
- Fong: yes
- Sanchez: yes
- Dixon: yes
AB 226 Calderon Third Reading Urgency
2025-04-01 · pass · 77-0
Member-level votes (80)
- Patel: yes
- Calderon: yes
- Chen: yes
- Kalra: yes
- Sanchez: yes
- Boerner: yes
- Muratsuchi: yes
- Michelle Rodriguez: yes
- Fong: yes
- Celeste Rodriguez: yes
- Pacheco: yes
- Elhawary: yes
- Ávila Farías: yes
- Blanca Rubio: yes
- Macedo: yes
- Zbur: yes
- Ramos: yes
- Stefani: yes
- Quirk-Silva: yes
- Bauer-Kahan: yes
- Gallagher: yes
- Irwin: yes
- Solache: yes
- Bryan: yes
- Addis: yes
- Ward: yes
- Jackson: yes
- Aguiar-Curry: yes
- Connolly: yes
- Garcia: yes
- McKinnor: yes
- Carrillo: yes
- Castillo: yes
- Ellis: yes
- Gipson: yes
- Dixon: yes
- DeMaio: yes
- Wallis: yes
- Mark González: yes
- Essayli: yes
- Lee: yes
- Flora: yes
- Rogers: yes
- Haney: yes
- Jeff Gonzalez: yes
- Ahrens: yes
- Papan: yes
- Harabedian: yes
- Hoover: yes
- Valencia: yes
- Bains: yes
- Arambula: yes
- Rivas: yes
- Krell: yes
- Tangipa: yes
- Hart: yes
- Hadwick: yes
- Schiavo: yes
- Patterson: yes
- Bonta: yes
- Gabriel: yes
- Berman: yes
- Bennett: yes
- Pellerin: yes
- Petrie-Norris: yes
- Lowenthal: yes
- Schultz: yes
- Ta: yes
- Alanis: yes
- Ransom: yes
- Wilson: yes
- Soria: yes
- Nguyen: yes
- Caloza: yes
- Ortega: yes
- Lackey: yes
- Sharp-Collins: yes
- Davies: other
- Alvarez: other
- Wicks: other
Do pass, but first be re-referred to the Committee on [Insurance]
2025-06-09 · pass · 8-0
Member-level votes (11)
- Grayson: yes
- Ashby: yes
- Strickland: yes
- Niello: yes
- Archuleta: yes
- Choi: yes
- Umberg: yes
- Arreguín: yes
- Weber Pierson: other
- Menjivar: other
- Smallwood-Cuevas: other
Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar
2025-06-25 · pass · 7-0
Member-level votes (7)
- Niello: yes
- Caballero: yes
- Wahab: yes
- Becker: yes
- Jones: yes
- Padilla: yes
- Rubio: yes
Placed on suspense file
2025-08-18 · pass · 7-0
Member-level votes (7)
- Richardson: yes
- Seyarto: yes
- Caballero: yes
- Cabaldon: yes
- Dahle: yes
- Wahab: yes
- Grayson: yes
Do pass
2025-08-29 · pass · 7-0
Member-level votes (7)
- Richardson: yes
- Grayson: yes
- Wahab: yes
- Dahle: yes
- Seyarto: yes
- Caballero: yes
- Cabaldon: yes
3rd Reading AB226 Calderon et al. By Umberg Urgency Clause
2025-09-13 · pass · 37-0
Member-level votes (40)
- Laird: yes
- Alvarado-Gil: yes
- Stern: yes
- Rubio: yes
- Richardson: yes
- Hurtado: yes
- Reyes: yes
- Blakespear: yes
- Arreguín: yes
- Strickland: yes
- Seyarto: yes
- Ashby: yes
- Allen: yes
- Smallwood-Cuevas: yes
- Durazo: yes
- Archuleta: yes
- Grove: yes
- Limón: yes
- Cortese: yes
- Choi: other
- Valladares: other
- Gonzalez: other
- McGuire: yes
- Becker: yes
- Cabaldon: yes
- Caballero: yes
- Weber Pierson: yes
- McNerney: yes
- Grayson: yes
- Umberg: yes
- Dahle: yes
- Niello: yes
- Pérez: yes
- Jones: yes
- Padilla: yes
- Ochoa Bogh: yes
- Cervantes: yes
- Menjivar: yes
- Wiener: yes
- Wahab: yes
AB 226 CALDERON Concurrence in Senate Amendments
2025-09-13 · pass · 74-0
Member-level votes (80)
- Ahrens: yes
- Johnson: yes
- Dixon: yes
- Mark González: yes
- Quirk-Silva: yes
- Gipson: yes
- Rogers: yes
- Addis: yes
- Ward: yes
- Haney: yes
- Hart: yes
- Fong: yes
- Calderon: yes
- Wilson: yes
- Carrillo: yes
- Bains: yes
- Ransom: yes
- Soria: yes
- Michelle Rodriguez: yes
- Berman: yes
- Valencia: yes
- Wicks: yes
- Celeste Rodriguez: yes
- Arambula: yes
- Connolly: yes
- Schultz: yes
- Bauer-Kahan: yes
- Bennett: yes
- Papan: yes
- Schiavo: yes
- Bonta: yes
- Ávila Farías: yes
- Aguiar-Curry: yes
- Jeff Gonzalez: yes
- Pacheco: yes
- Boerner: yes
- Alvarez: yes
- Castillo: yes
- Lee: yes
- Alanis: yes
- Wallis: yes
- Patterson: yes
- Stefani: yes
- Caloza: yes
- Hoover: yes
- Sharp-Collins: yes
- Nguyen: yes
- Ortega: yes
- Solache: yes
- Lowenthal: yes
- Blanca Rubio: yes
- Bryan: yes
- Gallagher: yes
- Petrie-Norris: yes
- Harabedian: yes
- Gabriel: yes
- Ellis: yes
- Macedo: yes
- Davies: yes
- Zbur: yes
- DeMaio: yes
- Pellerin: yes
- Muratsuchi: yes
- Krell: yes
- Irwin: yes
- Tangipa: yes
- Lackey: yes
- Ramos: yes
- Patel: yes
- Kalra: yes
- Sanchez: yes
- Rivas: yes
- Chen: yes
- Flora: yes
- Hadwick: other
- Jackson: other
- Elhawary: other
- McKinnor: other
- Garcia: other
- Ta: other
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