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---
type: "Bill"
title: "Housing: mortgages and deeds of trust: use of state property: surplus land disposal: financing programs."
description: "(1) Existing law prescribes various requirements to be satisfied before the exercise of a power of sale under a mortgage or deed of trust and prescribes a procedure for the exercise of that power. Existing law prescribes the dates when a trustee's sale is deemed final if specified payments are made and, in this regard, a trustee's sale is deemed final upon the acceptance of the last and highest bid and is deemed perfected as of 8 a.m. on the actual date of sale if the trustee's deed is recorded within 18 calendar days after the sale, except as specified."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20212022"
identifier: "AB 175"
citation: "California AB 175 (20212022)"
classification: ["bill", "appropriation"]
subjects: ["Housing: mortgages and deeds of trust: use of state property: surplus land disposal: financing programs."]
status: "enacted"
primary_sponsors: ["Committee on Budget"]
version_count: 6
action_count: 26
vote_count: 4
first_action: "2021-01-08"
last_action: "2021-09-23"
source: "openstates"
source_identifier: "ocd-bill/cc50ce6b-13c3-422b-afb2-908e741fda92"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB175"
source_hash: "3447a9b3e9abc6c845689db0d05d1fb1a51b300df90f01d1137f33715761e682"
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 175 (20212022) — Housing: mortgages and deeds of trust: use of state property: surplus land disposal: financing programs.
(1) Existing law prescribes various requirements to be satisfied before the exercise of a power of sale under a mortgage or deed of trust and prescribes a procedure for the exercise of that power. Existing law prescribes the dates when a trustee's sale is deemed final if specified payments are made and, in this regard, a trustee's sale is deemed final upon the acceptance of the last and highest bid and is deemed perfected as of 8 a.m. on the actual date of sale if the trustee's deed is recorded within 18 calendar days after the sale, except as specified.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **01/08/21 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB175&version=20210AB17599INT)
2. **02/17/21 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB175&version=20210AB17598AMD)
3. **09/05/21 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB175&version=20210AB17597AMD)
4. **09/23/21 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB175&version=20210AB17595CHP)
5. **AB175** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB175)
6. **09/13/21 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB175&version=20210AB17596ENR)
## Votes
- 3rd Reading AB175 BUDGET (Ting) By Skinner — **300** (pass) · upper
- AB 175 BUDGET Assembly Third Reading By TING — **5618** (pass) · lower
- Do pass — **130** (pass) · upper
- AB 175 BUDGET Concurrence in Senate Amendments By TING — **790** (pass) · lower
## Sponsors
- Committee on Budget — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2021-01-08** Introduced. To print. `introduction`
- **2021-01-09** From printer. May be heard in committee February 9.
- **2021-01-11** Read first time. `reading-1`
- **2021-01-28** Referred to Com. on BUDGET. `referral-committee`
- **2021-02-17** From committee chair, with author's amendments: Amend, and re-refer to Com. on BUDGET. Read second time and amended. `amendment-introduction, amendment-passage, reading-1, reading-2`
- **2021-02-18** Re-referred to Com. on BUDGET. `referral-committee`
- **2021-02-22** Assembly Rule 96 suspended. (Ayes 53. Noes 17. Page 432.)
- **2021-02-22** Withdrawn from committee.
- **2021-02-22** Ordered to second reading.
- **2021-02-23** Read second time. Ordered to third reading. `reading-1, reading-2`
- **2021-02-25** Read third time. Passed. Ordered to the Senate. (Ayes 56. Noes 18. Page 499.) `passage, reading-1, reading-3`
- **2021-02-25** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2021-03-11** Referred to Com. on B. & F.R. `referral-committee`
- **2021-09-01** Joint Rule 61 suspended. (Ayes 30. Noes 9. Page 2302.)
- **2021-09-01** Senate rules suspended.
- **2021-09-01** (Ayes 30. Noes 9. Page 2303.)
- **2021-09-05** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.R. `amendment-introduction, amendment-passage, reading-1, reading-2, referral-committee`
- **2021-09-07** From committee: Do pass. (Ayes 13. Noes 0.) (September 7). `committee-passage, committee-passage-favorable`
- **2021-09-08** Read second time. Ordered to third reading. `reading-1, reading-2`
- **2021-09-09** Read third time. Passed. Ordered to the Assembly. (Ayes 30. Noes 0. Page 2578.). `passage, reading-1, reading-3`
- **2021-09-09** In Assembly. Concurrence in Senate amendments pending.
- **2021-09-09** Assembly Rule 63 suspended. (Ayes 55. Noes 19. Page 3049.)
- **2021-09-09** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0. Page 3055.). `amendment-passage, committee-passage-favorable`
- **2021-09-15** Enrolled and presented to the Governor at 5 p.m.
- **2021-09-23** Approved by the Governor. `executive-signature`
- **2021-09-23** Chaptered by Secretary of State - Chapter 255, 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/cc50ce6b-13c3-422b-afb2-908e741fda92`. Confidence: reported (aggregated from official California legislature records).