CA SB 417
enactedThe Veterans and Affordable Housing Bond Act of 2026.
California · 2025-2026 Regular Session · upper
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Quick answers
Did CA SB 417 pass?
Yes. CA SB 417 has been enacted into law. Latest recorded action (2026-06-25): Chaptered by Secretary of State. Chapter 16, Statutes of 2026.
What is CA SB 417 about?
Under existing law, there are programs providing assistance for, among other things, emergency housing, multifamily housing, farmworker housing, home ownership for very low and low-income households, and downpayment assistance for first-time home buyers. Existing law also authorizes the issuance of bonds in specified amounts pursuant to the State General Obligation Bond Law and requires that proceeds from the sale of these bonds be used to finance various existing housing programs, capital outlay related to infill development, brownfield cleanup that promotes infill development, and housing-related parks. Existing law, the Veterans and Affordable Housing Bond Act of 2018, authorized, the issuance of bonds in the amount of $4,000,000,000 to finance various existing housing programs, as well as infill infrastructure financing and affordable housing matching grant programs, as well as financing for a specified program for farm, home, and mobilehome purchase assistance for veterans, pursuant to the State General Obligation Bond Law. This bill would enact the Veterans and Affordable Housing Bond Act of 2026, which, if adopted, would authorize the issuance of bonds in the amount of $11,250,000,000, pursuant to the State General Obligation Bond Law. Of the proceeds from the sale of these bonds, $10,000,000,000 would be used to finance programs to fund affordable rental housing and home ownership programs, including, among others, the Multifamily Housing Program, the CalHome Program, and the Joe Serna, Jr. Farmworker Housing Grant Program, and $1,250,000,000 would be used to provide additional funding for the above-described program for farm, home, and mobilehome purchase assistance for veterans, as provided. This bill would provide for submission of the bond act to the voters at the November 3, 2026, statewide general election, in accordance with specified law. This bill would declare that it is to take effect immediately as an urgency statute.
Who sponsors CA SB 417?
Limón is the primary sponsor of CA SB 417, joined by 44 cosponsors.
Description
Under existing law, there are programs providing assistance for, among other things, emergency housing, multifamily housing, farmworker housing, home ownership for very low and low-income households, and downpayment assistance for first-time home buyers. Existing law also authorizes the issuance of bonds in specified amounts pursuant to the State General Obligation Bond Law and requires that proceeds from the sale of these bonds be used to finance various existing housing programs, capital outlay related to infill development, brownfield cleanup that promotes infill development, and housing-related parks. Existing law, the Veterans and Affordable Housing Bond Act of 2018, authorized, the issuance of bonds in the amount of $4,000,000,000 to finance various existing housing programs, as well as infill infrastructure financing and affordable housing matching grant programs, as well as financing for a specified program for farm, home, and mobilehome purchase assistance for veterans, pursuant to the State General Obligation Bond Law. This bill would enact the Veterans and Affordable Housing Bond Act of 2026, which, if adopted, would authorize the issuance of bonds in the amount of $11,250,000,000, pursuant to the State General Obligation Bond Law. Of the proceeds from the sale of these bonds, $10,000,000,000 would be used to finance programs to fund affordable rental housing and home ownership programs, including, among others, the Multifamily Housing Program, the CalHome Program, and the Joe Serna, Jr. Farmworker Housing Grant Program, and $1,250,000,000 would be used to provide additional funding for the above-described program for farm, home, and mobilehome purchase assistance for veterans, as provided. This bill would provide for submission of the bond act to the voters at the November 3, 2026, statewide general election, in accordance with specified law. This bill would declare that it is to take effect immediately as an urgency statute.
- Introduced
- 2025-02-18
- Latest action
- 2026-06-25 — Chaptered by Secretary of State. Chapter 16, Statutes of 2026.
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Limónauthor
- McKinnorcoauthor
- Muratsuchicoauthor
- Nguyencoauthor
- Quirk-Silvacoauthor
- Ransomcoauthor
- Schiavocoauthor
- Schultzcoauthor
- Soriacoauthor
- Wardcoauthor
- Wilsoncoauthor
- Zburcoauthor
- Calozacoauthor
- Mark Gonzálezcoauthor
- Jacksoncoauthor
- Kalracoauthor
- Rivasauthor
- Cabaldonprincipal coauthor
- Wicksprincipal coauthor
- Archuletacoauthor
- Ashbycoauthor
- Blakespearcoauthor
- Graysoncoauthor
- Lairdcoauthor
- Menjivarcoauthor
- Pérezcoauthor
- Reyescoauthor
- Umbergcoauthor
- Arreguíncoauthor
- Beckercoauthor
- Caballerocoauthor
- Wahabcoauthor
- Wienercoauthor
- Addiscoauthor
- Ahrenscoauthor
- Alvarezcoauthor
- Ávila Faríascoauthor
- Bennettcoauthor
- Bermancoauthor
- Connollycoauthor
- Gabrielcoauthor
- Haneycoauthor
- Harabediancoauthor
- Krellcoauthor
- Hartcoauthor
Committees
Not provided by source.
Action timeline
Newest first
2026-06-25
Assembly amendments concurred in. (Ayes 29. Noes 2.) Ordered to engrossing and enrolling.
amendment-passage,committee-passage,committee-passage-favorable
2026-06-25
Chaptered by Secretary of State. Chapter 16, Statutes of 2026.
became-law
2026-06-25
Approved by the Governor.
executive-signature
2026-06-25
Enrolled and presented to the Governor at 12:30 p.m.
executive-receipt
2026-06-25
Assembly amendments concurred in. (Ayes 29. Noes 2. Page 5002.) Ordered to engrossing and enrolling.
2026-06-25
In Senate. Concurrence in Assembly amendments pending.
2026-06-25
Read third time. Urgency clause adopted. Passed. (Ayes 61. Noes 7. Page 5852.) Ordered to the Senate.
amendment-passage,passage,reading-1,reading-3
2026-06-22
Coauthors revised.
2026-06-22
Ordered to third reading.
reading-1,reading-3
2026-06-22
Read third time and amended.
amendment-passage,reading-1,reading-3
2026-05-18
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-05-14
Joint Rule 62(a) suspended.
2026-05-14
From committee: Do pass. (Ayes 12. Noes 3.) (May 14).
committee-passage,committee-passage-favorable
2026-05-13
May 13 set for first hearing. Placed on suspense file.
2026-04-23
Coauthors revised.
2026-04-23
From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 2.) (April 22). Re-referred to Com. on APPR.
committee-passage,committee-passage-favorable,referral-committee
2026-04-13
Referred to Com. on H. & C.D.
referral-committee
2026-01-27
In Assembly. Read first time. Held at Desk.
reading-1
2026-01-27
Read third time. Urgency clause adopted. Passed. (Ayes 30. Noes 9. Page 3305.) Ordered to the Assembly.
amendment-passage,passage,reading-1,reading-3
2026-01-26
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-01-22
Read second time and amended. Ordered to second reading.
amendment-passage,reading-1,reading-2
2026-01-22
From committee: Do pass as amended. (Ayes 5. Noes 2. Page 3269.) (January 22).
amendment-passage,committee-passage,committee-passage-favorable
2026-01-21
Set for hearing January 22.
2026-01-20
January 20 hearing: Placed on APPR. suspense file.
2026-01-09
Set for hearing January 20.
2026-01-07
From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 1. Page 3184.) (January 6). Re-referred to Com. on APPR.
committee-passage,committee-passage-favorable,referral-committee
2026-01-05
Set for hearing January 6 in HOUSING pending receipt.
2026-01-05
Referred to Com. on HOUSING.
referral-committee
2025-02-19
From printer. May be acted upon on or after March 21.
2025-02-18
Introduced. Read first time. To Com. on RLS. for assignment. To print.
introduction,reading-1,referral-committee
Versions
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Votes
Do pass, but first be re-referred to the Committee on [Appropriations]
2026-01-06 · pass · 8-1
Member-level votes (11)
- Cabaldon: yes
- Padilla: yes
- Wahab: yes
- Durazo: yes
- Arreguín: yes
- Grayson: yes
- Cortese: yes
- Caballero: yes
- Seyarto: no
- Ochoa Bogh: other
- Reyes: other
Placed on suspense file
2026-01-20 · pass · 7-0
Member-level votes (7)
- Wahab: yes
- Dahle: yes
- Caballero: yes
- Grayson: yes
- Seyarto: yes
- Cabaldon: yes
- Richardson: yes
Do pass as amended
2026-01-22 · pass · 5-2
Member-level votes (7)
- Richardson: yes
- Wahab: yes
- Grayson: yes
- Caballero: yes
- Cabaldon: yes
- Dahle: no
- Seyarto: no
3rd Reading SB417 Cabaldon et al. Urgency Clause
2026-01-27 · pass · 30-9
Member-level votes (40)
- Durazo: yes
- Caballero: yes
- Wahab: yes
- Laird: yes
- McGuire: yes
- Weber Pierson: yes
- Cabaldon: yes
- Gonzalez: yes
- Wiener: yes
- Allen: yes
- Padilla: yes
- Stern: yes
- Richardson: yes
- Arreguín: yes
- Umberg: yes
- Blakespear: yes
- Smallwood-Cuevas: yes
- Rubio: yes
- Pérez: yes
- Ashby: yes
- Hurtado: yes
- Archuleta: yes
- Grayson: yes
- Cervantes: yes
- Becker: yes
- Cortese: yes
- McNerney: yes
- Reyes: yes
- Limón: yes
- Menjivar: yes
- Seyarto: no
- Dahle: no
- Grove: no
- Jones: no
- Niello: no
- Alvarado-Gil: no
- Choi: no
- Valladares: no
- Strickland: no
- Ochoa Bogh: other
Do pass and be re-referred to the Committee on [Appropriations]
2026-04-22 · pass · 10-2
Member-level votes (12)
- Kalra: yes
- Lee: yes
- Wilson: yes
- Quirk-Silva: yes
- Wicks: yes
- Garcia: yes
- Patterson: yes
- Ávila Farías: yes
- Haney: yes
- Caloza: yes
- Ta: no
- Tangipa: no
Do pass.
2026-05-14 · pass · 12-3
Member-level votes (15)
- Krell: yes
- Sharp-Collins: yes
- Wicks: yes
- Pacheco: yes
- Caloza: yes
- Hoover: yes
- Fong: yes
- Calderon: yes
- Pellerin: yes
- Solache: yes
- Aguiar-Curry: yes
- Mark González: yes
- Tangipa: no
- Ta: no
- Dixon: no
Unfinished Business SB417 Limón et al. Urgency Clause Concurrence
2026-06-25 · pass · 29-2
Member-level votes (40)
- Gonzalez: yes
- Hurtado: yes
- Limón: yes
- Cabaldon: yes
- Padilla: yes
- Blakespear: yes
- Grayson: yes
- Wahab: yes
- Cervantes: yes
- Smallwood-Cuevas: yes
- Rubio: yes
- Durazo: yes
- Cortese: yes
- Laird: yes
- McGuire: yes
- Archuleta: yes
- Allen: yes
- Caballero: yes
- Umberg: yes
- Richardson: yes
- Wiener: yes
- Ashby: yes
- Pérez: yes
- Becker: yes
- Arreguín: yes
- Weber Pierson: yes
- Stern: yes
- Menjivar: yes
- McNerney: yes
- Strickland: no
- Seyarto: no
- Niello: other
- Ochoa Bogh: other
- Alvarado-Gil: other
- Dahle: other
- Reyes: other
- Valladares: other
- Grove: other
- Choi: other
- Jones: other
SB 417 Limón Third Reading Urgency By Wicks
2026-06-25 · pass · 61-7
Member-level votes (79)
- Rivas: yes
- Mark González: yes
- Carrillo: yes
- Gabriel: yes
- Hoover: yes
- Jackson: yes
- Patel: yes
- Pacheco: yes
- Bryan: yes
- Pellerin: yes
- Bennett: yes
- Soria: yes
- Gipson: yes
- Elhawary: yes
- Bonta: yes
- Nguyen: yes
- Connolly: yes
- Michelle Rodriguez: yes
- Ramos: yes
- Krell: yes
- Schiavo: yes
- Alvarez: yes
- Harabedian: yes
- Patterson: yes
- Valencia: yes
- Bauer-Kahan: yes
- Boerner: yes
- Caloza: yes
- Irwin: yes
- Rogers: yes
- Wilson: yes
- Bains: yes
- Calderon: yes
- Papan: yes
- Blanca Rubio: yes
- Garcia: yes
- Arambula: yes
- Muratsuchi: yes
- Solache: yes
- Addis: yes
- Wallis: yes
- Ward: yes
- Zbur: yes
- Ortega: yes
- Kalra: yes
- Sharp-Collins: yes
- Ahrens: yes
- Fong: yes
- Hart: yes
- Wicks: yes
- McKinnor: yes
- Ávila Farías: yes
- Petrie-Norris: yes
- Stefani: yes
- Haney: yes
- Lowenthal: yes
- Berman: yes
- Ransom: yes
- Aguiar-Curry: yes
- Schultz: yes
- Lee: yes
- Tangipa: no
- Ellis: no
- Sanchez: no
- DeMaio: no
- Chen: no
- Macedo: no
- Hadwick: no
- Castillo: other
- Flora: other
- Quirk-Silva: other
- Dixon: other
- Celeste Rodriguez: other
- Davies: other
- Ta: other
- Johnson: other
- Jeff Gonzalez: other
- Alanis: other
- Lackey: other
Related bills
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