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---
type: "Bill"
title: "Higher education budget trailer bill."
description: "(1) Existing law establishes the Higher Education Student Housing Grant Program to provide one-time grants for the construction of student housing, or for the acquisition and renovation of commercial properties into student housing for the purpose of providing affordable, low-cost housing options for students enrolled in public postsecondary education in the state. Existing law requires the University of California to fund project grants using revenue bond funding issued by the University of California for certain projects."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20252026"
identifier: "AB 123"
citation: "California AB 123 (20252026)"
classification: ["bill", "appropriation"]
subjects: ["Highereducationbudgettrailerbill"]
status: "enacted"
primary_sponsors: ["Committee on Budget"]
version_count: 5
action_count: 20
vote_count: 4
first_action: "2025-01-08"
last_action: "2025-06-27"
source: "openstates"
source_identifier: "ocd-bill/99e2ffad-52a4-463b-bc62-a6ff8de1a6f0"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB123"
source_hash: "f89ad07c17081c234fbd8b8691cbeee53d44503845f5eb1e61ea6a183f126037"
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 123 (20252026) — Higher education budget trailer bill.
(1) Existing law establishes the Higher Education Student Housing Grant Program to provide one-time grants for the construction of student housing, or for the acquisition and renovation of commercial properties into student housing for the purpose of providing affordable, low-cost housing options for students enrolled in public postsecondary education in the state. Existing law requires the University of California to fund project grants using revenue bond funding issued by the University of California for certain projects.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **01/08/25 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260AB123&version=20250AB12399INT)
2. **06/24/25 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260AB123&version=20250AB12398AMD)
3. **06/27/25 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260AB123&version=20250AB12396CHP)
4. **AB123** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB123)
5. **06/27/25 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260AB123&version=20250AB12397ENR)
## Votes
- Do pass — **180** (pass) · upper
- AB 123 BUDGET Concurrence in Senate Amendments By GABRIEL — **761** (pass) · lower
- 3rd Reading AB123 BUDGET (Gabriel) By Wiener — **380** (pass) · upper
- AB 123 Gabriel Assembly Third Reading — **5317** (pass) · lower
## Sponsors
- Committee on Budget — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2025-01-08** Read first time. To print. `reading-1`
- **2025-01-09** From printer. May be heard in committee February 8.
- **2025-02-03** Referred to Com. on BUDGET. `referral-committee`
- **2025-03-17** Withdrawn from committee.
- **2025-03-17** Ordered to second reading.
- **2025-03-17** (Ayes 53. Noes 17. Page 643.)
- **2025-03-18** Read second time. Ordered to third reading. `reading-1, reading-2`
- **2025-03-20** Read third time. Passed. Ordered to the Senate. (Ayes 53. Noes 17. Page 724.) `passage, reading-1, reading-3`
- **2025-03-20** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2025-04-02** Referred to Com. on B. & F. R. `referral-committee`
- **2025-06-24** 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`
- **2025-06-25** From committee: Do pass. (Ayes 18. Noes 0.) (June 25). `committee-passage, committee-passage-favorable`
- **2025-06-26** Read second time. Ordered to third reading. `reading-1, reading-2`
- **2025-06-27** Read third time. Passed. Ordered to the Assembly. (Ayes 38. Noes 0. Page 1806.). `passage, reading-1, reading-3`
- **2025-06-27** In Assembly. Concurrence in Senate amendments pending.
- **2025-06-27** Assembly Rule 63 suspended. (Ayes 54. Noes 19. Page 2329.)
- **2025-06-27** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 1. Page 2335.). `amendment-passage, committee-passage-favorable`
- **2025-06-27** Enrolled and presented to the Governor at 3:15 p.m.
- **2025-06-27** Approved by the Governor. `executive-signature`
- **2025-06-27** Chaptered by Secretary of State - Chapter 9, Statutes of 2025. `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/99e2ffad-52a4-463b-bc62-a6ff8de1a6f0`. Confidence: reported (aggregated from official California legislature records).