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---
type: "Bill"
title: "California Infrastructure and Economic Development Bank: housing."
description: "The Bergeson-Peace Infrastructure and Economic Development Bank Act authorizes the California Infrastructure and Economic Development Bank, governed by a board of directors, to, among other things, make loans, issue bonds, and provide other financial assistance for various types of projects that qualify as public development or economic development facilities. The act defines, among other things, the term \"public development facilities\" for these purposes to mean real and personal property, structures, conveyances, equipment, thoroughfares, buildings, and supporting components thereof, excluding any housing, that are directly related to providing, among other things, city streets, county highways, and educational facilities. The act establishes the California Infrastructure and Economic Development Bank Fund, a continuously appropriated fund, for support of the bank."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20172018"
identifier: "AB 56"
citation: "California AB 56 (20172018)"
classification: ["bill", "appropriation"]
subjects: ["California Infrastructure and Economic Development Bank: housing."]
status: "enacted"
primary_sponsors: ["Holden"]
version_count: 6
action_count: 24
vote_count: 3
first_action: "2016-12-06"
last_action: "2017-09-26"
source: "openstates"
source_identifier: "ocd-bill/e3d9b4e8-4286-4291-9c4e-d57b9761ca67"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB56"
source_hash: "7dba0a9aa4237829054a5477d59ed1f02dc6c27ec2e39bd80d2df27c2b5bef3a"
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 56 (20172018) — California Infrastructure and Economic Development Bank: housing.
The Bergeson-Peace Infrastructure and Economic Development Bank Act authorizes the California Infrastructure and Economic Development Bank, governed by a board of directors, to, among other things, make loans, issue bonds, and provide other financial assistance for various types of projects that qualify as public development or economic development facilities. The act defines, among other things, the term "public development facilities" for these purposes to mean real and personal property, structures, conveyances, equipment, thoroughfares, buildings, and supporting components thereof, excluding any housing, that are directly related to providing, among other things, city streets, county highways, and educational facilities. The act establishes the California Infrastructure and Economic Development Bank Fund, a continuously appropriated fund, for support of the bank.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **12/06/16 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180AB56&version=20170AB5699INT)
2. **03/28/17 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180AB56&version=20170AB5698AMD)
3. **04/19/17 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180AB56&version=20170AB5697AMD)
4. **09/26/17 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180AB56&version=20170AB5695CHP)
5. **AB56** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB56)
6. **09/05/17 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180AB56&version=20170AB5696ENR)
## Votes
- AB 56 HOLDEN Assembly Third Reading — **6113** (pass) · lower
- 3rd Reading AB56 Holden By Atkins — **391** (pass) · upper
- Do pass, but first be re-referred to the Committee on [Business, Professions and Economic Development] — **121** (pass) · upper
## Sponsors
- Holden — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2016-12-06** Read first time. To print. `reading-1`
- **2016-12-07** From printer. May be heard in committee January 6.
- **2017-01-04** Read first time. `reading-1`
- **2017-03-27** Referred to Coms. on H. & C.D. and J., E.D., & E. `referral-committee`
- **2017-03-28** 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, reading-2, reading-1`
- **2017-03-29** Re-referred to Com. on H. & C.D. `referral-committee`
- **2017-04-19** From committee: Do pass and re-refer to Com. on J., E.D., & E. (Ayes 7. Noes 0.) (April 19). Re-referred to Com. on J., E.D., & E. `committee-passage-favorable, committee-passage, referral-committee`
- **2017-04-19** From committee chair, with author's amendments: Amend, and re-refer to Com. on J., E.D., & E. Read second time and amended. `amendment-introduction, amendment-passage, reading-2, reading-1`
- **2017-04-20** Re-referred to Com. on J., E.D., & E. `referral-committee`
- **2017-04-25** From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 1.) (April 25). Re-referred to Com. on APPR. `committee-passage-favorable, committee-passage, referral-committee`
- **2017-05-17** From committee: Do pass. (Ayes 12. Noes 4.) (May 17). `committee-passage-favorable, committee-passage`
- **2017-05-18** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2017-05-22** Read third time. Passed. Ordered to the Senate. (Ayes 61. Noes 13. Page 1661.) `reading-3, passage, reading-1`
- **2017-05-22** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2017-06-01** Referred to Coms. on T. & H. and B., P. & E.D. `referral-committee`
- **2017-06-13** From committee: Do pass and re-refer to Com. on B., P. & E.D. (Ayes 12. Noes 1.) (June 13). Re-referred to Com. on B., P. & E.D. `committee-passage-favorable, committee-passage, referral-committee`
- **2017-06-27** From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (June 26). Re-referred to Com. on APPR. `committee-passage-favorable, committee-passage, referral-committee`
- **2017-07-10** From committee: Be ordered to second reading pursuant to Senate Rule 28.8. `committee-passage, reading-2`
- **2017-07-11** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2017-08-31** Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 1. Page 2329.). `reading-3, passage, reading-1`
- **2017-08-31** In Assembly. Ordered to Engrossing and Enrolling. `committee-passage`
- **2017-09-07** Enrolled and presented to the Governor at 3 p.m.
- **2017-09-26** Approved by the Governor. `executive-signature`
- **2017-09-26** Chaptered by Secretary of State - Chapter 289, Statutes of 2017.
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e3d9b4e8-4286-4291-9c4e-d57b9761ca67`. Confidence: reported (aggregated from official California legislature records).