---
type: "Bill"
title: "Capital investment incentive program: qualified manufacturing facility: ad valorem property tax revenue allocation payments."
description: "Existing law, until January 1, 2024, authorizes a county, city and county, or city to establish a capital investment incentive program. Existing law requires a county, city and county, or city that has so elected, to pay a capital investment incentive amount to the proponent of a qualified manufacturing facility for up to 15 years, upon request by a proponent in writing, as prescribed. Existing law defines \"qualified manufacturing facility\" for these purposes to mean a proposed manufacturing facility that meets specified requirements including that the facility is operated by certain businesses, including, among others, a business engaged in the recovery of minerals from geothermal resources or a business engaged in the manufacturing of parts or components related to the production of electricity using solar, wind, biomass, hydropower, or geothermal resources, as specified."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20212022"
identifier: "AB 726"
citation: "California AB 726 (20212022)"
classification: ["bill"]
subjects: ["Capital investment incentive program: qualified manufacturing facility: ad valorem property tax revenue allocation payments."]
status: "enacted"
primary_sponsors: ["Eduardo Garcia"]
version_count: 5
action_count: 17
vote_count: 5
first_action: "2021-02-16"
last_action: "2021-07-23"
source: "openstates"
source_identifier: "ocd-bill/f39b08b6-8db5-4f19-889c-6acb4b6b40f1"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB726"
source_hash: "3a006904d0106d90990da4023e25c4cf869fc63942091fefa508fbd056a183b6"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---

# California AB 726 (20212022) — Capital investment incentive program: qualified manufacturing facility: ad valorem property tax revenue allocation payments.

Existing law, until January 1, 2024, authorizes a county, city and county, or city to establish a capital investment incentive program. Existing law requires a county, city and county, or city that has so elected, to pay a capital investment incentive amount to the proponent of a qualified manufacturing facility for up to 15 years, upon request by a proponent in writing, as prescribed. Existing law defines "qualified manufacturing facility" for these purposes to mean a proposed manufacturing facility that meets specified requirements including that the facility is operated by certain businesses, including, among others, a business engaged in the recovery of minerals from geothermal resources or a business engaged in the manufacturing of parts or components related to the production of electricity using solar, wind, biomass, hydropower, or geothermal resources, as specified.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **02/16/21 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB726&version=20210AB72699INT)
2. **06/21/21 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB726&version=20210AB72698AMD)
3. **07/23/21 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB726&version=20210AB72696CHP)
4. **AB726** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB726)
5. **07/13/21 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB726&version=20210AB72697ENR)

## Votes

- Do pass as amended — **5–0** (pass) · upper
- Do pass. — **8–0** (pass) · lower
- AB 726 Eduardo Garcia Assembly Third Reading — **74–0** (pass) · lower
- Special Consent AB726 — **38–0** (pass) · upper
- AB 726 Eduardo Garcia Concurrence in Senate Amendments — **77–0** (pass) · lower

## Sponsors

- Eduardo Garcia — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-02-16** Read first time. To print. `reading-1`
- **2021-02-17** From printer. May be heard in committee March 19.
- **2021-02-25** Referred to Com. on L. GOV. `referral-committee`
- **2021-03-25** From committee: Do pass. (Ayes 8. Noes 0.) (March 24). `committee-passage, committee-passage-favorable`
- **2021-04-05** Read second time. Ordered to third reading. `reading-1, reading-2`
- **2021-04-08** Read third time. Passed. Ordered to the Senate. (Ayes 74. Noes 0. Page 930.) `passage, reading-1, reading-3`
- **2021-04-08** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2021-05-12** Referred to Com. on GOV. & F. `referral-committee`
- **2021-06-17** From committee: Amend, and do pass as amended. (Ayes 5. Noes 0.) (June 17). `amendment-introduction, amendment-passage, committee-passage`
- **2021-06-21** Read second time and amended. Ordered to third reading. `amendment-passage, reading-1, reading-2`
- **2021-06-30** Ordered to special consent calendar.
- **2021-07-05** Read third time. Passed. Ordered to the Assembly. (Ayes 38. Noes 0. Page 1805.). `passage, reading-1, reading-3`
- **2021-07-05** In Assembly. Concurrence in Senate amendments pending. May be considered on or after July 7 pursuant to Assembly Rule 77.
- **2021-07-12** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 77. Noes 0. Page 2304.). `amendment-passage, committee-passage-favorable`
- **2021-07-15** Enrolled and presented to the Governor at 3:30 p.m.
- **2021-07-23** Approved by the Governor. `executive-signature`
- **2021-07-23** Chaptered by Secretary of State - Chapter 121, Statutes of 2021. `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f39b08b6-8db5-4f19-889c-6acb4b6b40f1`. Confidence: reported (aggregated from official California legislature records).