republic-os/legislation/us/states/ca/20212022/ab-447.md

---
type: "Bill"
title: "California Debt Limit Allocation Committee: income taxes: low-income housing tax credits."
description: "(1) Existing law establishes the California Debt Limit Allocation Committee for the purpose of implementing the volume limit for the state on private activity bonds established pursuant to federal law. The committee's duties include annually determining a state ceiling on the aggregate amount of private activity bonds that may be issued, and allocating that amount among state and local agencies. Existing law makes findings and declarations with regard to, and the purpose for, the provisions relating to the California Debt Limit Allocation Committee."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20212022"
identifier: "AB 447"
citation: "California AB 447 (20212022)"
classification: ["bill"]
subjects: ["California Debt Limit Allocation Committee: income taxes: low-income housing tax credits."]
status: "enacted"
primary_sponsors: ["Grayson"]
version_count: 7
action_count: 31
vote_count: 10
first_action: "2021-02-08"
last_action: "2021-09-28"
source: "openstates"
source_identifier: "ocd-bill/0ad980f3-5d97-4604-8f31-5024111fc3b6"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB447"
source_hash: "6ec9d41c46c088331df726e25424a6d59dad4fb497fd17a782a74786f183d71d"
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 447 (20212022) — California Debt Limit Allocation Committee: income taxes: low-income housing tax credits.

(1) Existing law establishes the California Debt Limit Allocation Committee for the purpose of implementing the volume limit for the state on private activity bonds established pursuant to federal law. The committee's duties include annually determining a state ceiling on the aggregate amount of private activity bonds that may be issued, and allocating that amount among state and local agencies. Existing law makes findings and declarations with regard to, and the purpose for, the provisions relating to the California Debt Limit Allocation Committee.

## Version chain

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

1. **02/08/21 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB447&version=20210AB44799INT)
2. **06/21/21 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB447&version=20210AB44798AMD)
3. **08/26/21 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB447&version=20210AB44797AMD)
4. **09/03/21 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB447&version=20210AB44796AMD)
5. **09/28/21 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB447&version=20210AB44794CHP)
6. **AB447** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB447)
7. **09/15/21 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB447&version=20210AB44795ENR)

## Votes

- AB 447 Grayson Consent Calendar Second Day — **77–0** (pass) · lower
- Do pass. To Consent Calendar. — **16–0** (pass) · lower
- Do pass, but first be re-referred to the Committee on [Governance and Finance] with the recommendation: To Consent Calendar — **9–0** (pass) · upper
- With recommendation: That Senate amendments be concurred in. — **7–0** (pass) · lower
- Do pass as amended — **7–0** (pass) · upper
- AB 447 Grayson Concurrence in Senate Amendments — **78–0** (pass) · lower
- Placed on suspense file — **7–0** (pass) · upper
- Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar — **5–0** (pass) · upper
- Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — **12–0** (pass) · lower
- 3rd Reading AB447 Grayson By Skinner — **38–0** (pass) · upper

## Sponsors

- Grayson — primary (person)

## Timeline

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

- **2021-02-08** Read first time. To print. `reading-1`
- **2021-02-09** From printer. May be heard in committee March 11.
- **2021-02-18** Referred to Com. on B. & F. `referral-committee`
- **2021-04-19** From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 12. Noes 0.) (April 15). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
- **2021-04-28** From committee: Do pass. To Consent Calendar. (Ayes 16. Noes 0.) (April 28). `committee-passage, committee-passage-favorable`
- **2021-04-29** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
- **2021-05-06** Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1335.) `passage, reading-1, reading-3`
- **2021-05-06** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2021-05-19** Referred to Com. on RLS. `referral-committee`
- **2021-06-16** Re-referred to Com. on B. & F.I. `referral-committee`
- **2021-06-21** 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.I. `amendment-introduction, amendment-passage, reading-1, reading-2, referral-committee`
- **2021-06-22** Withdrawn from committee.
- **2021-06-22** Re-referred to Com. on RLS. `referral-committee`
- **2021-06-24** Re-referred to Coms. on HOUSING and GOV. & F. `referral-committee`
- **2021-07-01** From committee: Do pass and re-refer to Com. on GOV. & F. with recommendation: To Consent Calendar. (Ayes 9. Noes 0.) (July 1). Re-referred to Com. on GOV. & F. `committee-passage, committee-passage-favorable, referral-committee`
- **2021-07-08** From committee: Do pass and re-refer to Com. on APPR with recommendation: To Consent Calendar. (Ayes 5. Noes 0.) (July 8). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
- **2021-08-16** In committee: Referred to suspense file. `referral-committee`
- **2021-08-26** From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (August 26). `amendment-introduction, amendment-passage, committee-passage`
- **2021-08-26** Read second time and amended. Ordered returned to second reading. `amendment-passage, reading-1, reading-2`
- **2021-08-30** Read second time. Ordered to third reading. `reading-1, reading-2`
- **2021-09-03** Read third time and amended. Ordered to second reading. `amendment-passage, reading-1, reading-3`
- **2021-09-07** Read second time. Ordered to third reading. `reading-1, reading-2`
- **2021-09-08** Read third time. Passed. Ordered to the Assembly. (Ayes 38. Noes 0. Page 2500.). `passage, reading-1, reading-3`
- **2021-09-08** In Assembly. Concurrence in Senate amendments pending.
- **2021-09-09** Re-referred to Com. on H. & C.D. pursuant to Assembly Rule 77.2. `referral-committee`
- **2021-09-09** Joint Rule 62(a), file notice suspended. (Page 3087.)
- **2021-09-10** From committee: That the Senate amendments be concurred in. (Ayes 7. Noes 0.) (September 10). `committee-passage`
- **2021-09-10** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 3115.). `amendment-passage, committee-passage-favorable`
- **2021-09-22** Enrolled and presented to the Governor at 2 p.m.
- **2021-09-28** Approved by the Governor. `executive-signature`
- **2021-09-28** Chaptered by Secretary of State - Chapter 344, 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/0ad980f3-5d97-4604-8f31-5024111fc3b6`. Confidence: reported (aggregated from official California legislature records).