The Veterans and Affordable Housing Bond Act of 2026.
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.
California SB 417 (20252026) — The Veterans and Affordable Housing Bond Act of 2026.
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.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Unfinished Business SB417 Limón et al. Urgency Clause Concurrence — 29–2 (pass) · upper
SB 417 Limón Third Reading Urgency By Wicks — 61–7 (pass) · lower
Sponsors
Limón — primary (person)
Addis — coauthor (person)
Ahrens — coauthor (person)
Alvarez — coauthor (person)
Archuleta — coauthor (person)
Arreguín — coauthor (person)
Ashby — coauthor (person)
Becker — coauthor (person)
Bennett — coauthor (person)
Berman — coauthor (person)
Blakespear — coauthor (person)
Cabaldon — principal coauthor (person)
Caballero — coauthor (person)
Caloza — coauthor (person)
Connolly — coauthor (person)
Gabriel — coauthor (person)
Grayson — coauthor (person)
Haney — coauthor (person)
Harabedian — coauthor (person)
Hart — coauthor (person)
Jackson — coauthor (person)
Kalra — coauthor (person)
Krell — coauthor (person)
Laird — coauthor (person)
Mark González — coauthor (person)
McKinnor — coauthor (person)
Menjivar — coauthor (person)
Muratsuchi — coauthor (person)
Nguyen — coauthor (person)
Pérez — coauthor (person)
Quirk-Silva — coauthor (person)
Ransom — coauthor (person)
Reyes — coauthor (person)
Rivas — author (person)
Schiavo — coauthor (person)
Schultz — coauthor (person)
Soria — coauthor (person)
Umberg — coauthor (person)
Wahab — coauthor (person)
Ward — coauthor (person)
Wicks — principal coauthor (person)
Wiener — coauthor (person)
Wilson — coauthor (person)
Zbur — coauthor (person)
Ávila Farías — coauthor (person)
Timeline
The legislative action history — every referral, reading, and vote.
2025-02-18 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
2025-02-19 From printer. May be acted upon on or after March 21.
2026-01-05 Set for hearing January 6 in HOUSING pending receipt.
2026-01-05 Referred to Com. on HOUSING. referral-committee
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
2026-01-09 Set for hearing January 20.
2026-01-20 January 20 hearing: Placed on APPR. suspense file.
2026-01-21 Set for hearing January 22.
2026-01-22 From committee: Do pass as amended. (Ayes 5. Noes 2. Page 3269.) (January 22). amendment-passage, committee-passage, committee-passage-favorable
2026-01-22 Read second time and amended. Ordered to second reading. amendment-passage, reading-1, reading-2
2026-01-26 Read second time. Ordered to third reading. reading-1, reading-2
2026-01-27 Read third time. Urgency clause adopted. Passed. (Ayes 30. Noes 9. Page 3305.) Ordered to the Assembly. passage, reading-1, reading-3
2026-01-27 In Assembly. Read first time. Held at Desk. reading-1
2026-04-13 Referred to Com. on H. & C.D. referral-committee
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
2026-05-13 May 13 set for first hearing. Placed on suspense file.
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
2026-05-18 Read second time. Ordered to third reading. reading-1, reading-2
2026-06-22 Coauthors revised.
2026-06-22 Read third time and amended. amendment-passage, reading-1, reading-3
2026-06-22 Ordered to third reading.
2026-06-25 Read third time. Urgency clause adopted. Passed. Ordered to the Senate. passage, reading-1, reading-3
2026-06-25 In Senate. Concurrence in Assembly amendments pending.
2026-06-25 Assembly amendments concurred in. (Ayes 29. Noes 2.) Ordered to engrossing and enrolling. amendment-passage, committee-passage-favorable
2026-06-25 Enrolled and presented to the Governor at 12:30 p.m.
2026-06-25 Approved by the Governor. executive-signature
2026-06-25 Chaptered by Secretary of State. Chapter 16, Statutes of 2026. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/31d2a53b-d370-4141-b8f3-9595fb60e1a4. Confidence: reported (aggregated from official California legislature records).