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---
type: "Bill"
title: "Energy."
description: "(1) Existing law establishes the Governor's Office of Business and Economic Development (GO-Biz) within the Governor's office and requires the office to serve the Governor as the lead entity for economic strategy and the marketing of California on issues relating to business development, private sector investment, and economic growth, as provided. Existing law, the Bergeson-Peace Infrastructure and Economic Development Bank Act (bank act) , establishes the California Infrastructure and Economic Development Bank (I-Bank) within GO-Biz, under the direction of an executive director and governed by, and its corporate power exercised by, a board of directors (bank board) . Existing law, among other things, authorizes the bank to make loans, issue bonds, and provide financial assistance for various types of projects that qualify as economic development or public development facilities, as provided. Existing law prohibits the financing of economic development facilities unless the bank determines that the financing or assistance meets specified public interest criteria."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20252026"
identifier: "SB 254"
citation: "California SB 254 (20252026)"
classification: ["bill", "appropriation"]
subjects: ["Energy"]
status: "enacted"
primary_sponsors: ["Becker"]
version_count: 8
action_count: 38
vote_count: 10
first_action: "2025-02-03"
last_action: "2025-09-19"
source: "openstates"
source_identifier: "ocd-bill/3c339f6b-ae9a-41ee-b4f5-29e5a4c498e5"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB254"
source_hash: "4b2d894a7464dd3c4110e071810ecebf3f482b27229fbe648ba32fe462bc94eb"
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 SB 254 (20252026) — Energy.
(1) Existing law establishes the Governor's Office of Business and Economic Development (GO-Biz) within the Governor's office and requires the office to serve the Governor as the lead entity for economic strategy and the marketing of California on issues relating to business development, private sector investment, and economic growth, as provided. Existing law, the Bergeson-Peace Infrastructure and Economic Development Bank Act (bank act) , establishes the California Infrastructure and Economic Development Bank (I-Bank) within GO-Biz, under the direction of an executive director and governed by, and its corporate power exercised by, a board of directors (bank board) . Existing law, among other things, authorizes the bank to make loans, issue bonds, and provide financial assistance for various types of projects that qualify as economic development or public development facilities, as provided. Existing law prohibits the financing of economic development facilities unless the bank determines that the financing or assistance meets specified public interest criteria.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **02/03/25 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB254&version=20250SB25499INT)
2. **03/20/25 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB254&version=20250SB25498AMD)
3. **04/22/25 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB254&version=20250SB25497AMD)
4. **05/28/25 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB254&version=20250SB25496AMD)
5. **09/10/25 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB254&version=20250SB25495AMD)
6. **09/19/25 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB254&version=20250SB25493CHP)
7. **SB254** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB254)
8. **09/15/25 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB254&version=20250SB25494ENR)
## Votes
- 3rd Reading SB254 Becker et al. Urgency Clause — **2910** (pass) · upper
- Do pass as amended — **51** (pass) · upper
- Do pass. — **94** (pass) · lower
- Do pass, but first be re-referred to the Committee on [Appropriations] — **132** (pass) · upper
- SB 254 Becker Third Reading Urgency By Petrie-Norris — **690** (pass) · lower
- Placed on suspense file — **70** (pass) · upper
- Do pass and be re-referred to the Committee on [Natural Resources] — **115** (pass) · lower
- Do pass. — **160** (pass) · lower
- Do pass and be re-referred to the Committee on [Appropriations] — **94** (pass) · lower
- W/O REF. TO FILE (Urgency Clause) — **302** (pass) · upper
## Sponsors
- Becker — primary (person)
- Petrie-Norris — author (person)
- Wahab — author (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2025-02-03** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
- **2025-02-04** From printer. May be acted upon on or after March 6.
- **2025-02-14** Referred to Com. on RLS. `referral-committee`
- **2025-03-20** From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee`
- **2025-04-02** Re-referred to Com. on E., U & C. `referral-committee`
- **2025-04-22** From committee with author's amendments. Read second time and amended. Re-referred to Com. on E., U & C. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee`
- **2025-04-24** Set for hearing April 29.
- **2025-04-30** From committee: Do pass and re-refer to Com. on APPR. (Ayes 13. Noes 2. Page 934.) (April 29). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
- **2025-05-02** Set for hearing May 12.
- **2025-05-12** May 12 hearing: Placed on APPR. suspense file.
- **2025-05-16** Set for hearing May 23.
- **2025-05-27** From committee: Do pass as amended. (Ayes 5. Noes 1. Page 1193.) (May 23). `amendment-passage, committee-passage, committee-passage-favorable`
- **2025-05-28** Read second time and amended. Ordered to third reading. `amendment-passage, reading-1, reading-2`
- **2025-06-04** Read third time. Urgency clause adopted. Passed. (Ayes 29. Noes 10. Page 1499.) Ordered to the Assembly. `passage, reading-1, reading-3`
- **2025-06-05** In Assembly. Read first time. Held at Desk. `reading-1`
- **2025-06-16** Referred to Coms. on U. & E. and NAT. RES. `referral-committee`
- **2025-07-08** July 9 hearing postponed by committee.
- **2025-07-14** Assembly Rule 56 suspended.
- **2025-07-17** From committee: Do pass and re-refer to Com. on NAT. RES. (Ayes 11. Noes 5.) (July 16). Re-referred to Com. on NAT. RES. `committee-passage, committee-passage-favorable, referral-committee`
- **2025-07-17** From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 4.) (July 17). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
- **2025-08-20** August 20 set for first hearing. Placed on APPR. suspense file.
- **2025-08-29** From committee: Do pass. (Ayes 9. Noes 4.) (August 29). `committee-passage, committee-passage-favorable`
- **2025-09-02** Read second time. Ordered to third reading. `reading-1, reading-2`
- **2025-09-09** Joint Rule 61(a)(13) suspended. (Ayes 60. Noes 20. Page 3128.)
- **2025-09-10** Read third time and amended. `amendment-passage, reading-1, reading-3`
- **2025-09-10** Ordered to third reading.
- **2025-09-10** Re-referred to Com. on U. & E. pursuant to Assembly Rule 77.2. `referral-committee`
- **2025-09-10** Joint Rule 62(a) suspended.
- **2025-09-10** Joint Rule 61 and 62(a) suspended. (Ayes 30. Noes 9. Page 2801.)
- **2025-09-10** (Corrected September 10).
- **2025-09-12** From committee: Do pass. (Ayes 16. Noes 0.) (September 12). `committee-passage, committee-passage-favorable`
- **2025-09-12** Assembly Rule 63 suspended. (Ayes 57. Noes 20. Page 3441.)
- **2025-09-13** Read third time. Urgency clause adopted. Passed. (Ayes 69. Noes 0. Page 3485.) Ordered to the Senate. `passage, reading-1, reading-3`
- **2025-09-13** In Senate. Concurrence in Assembly amendments pending.
- **2025-09-13** Assembly amendments concurred in. (Ayes 30. Noes 2. Page 3053.) Ordered to engrossing and enrolling. `amendment-passage, committee-passage-favorable`
- **2025-09-15** Enrolled and presented to the Governor at 2 p.m.
- **2025-09-19** Approved by the Governor. `executive-signature`
- **2025-09-19** Chaptered by Secretary of State. Chapter 119, 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/3c339f6b-ae9a-41ee-b4f5-29e5a4c498e5`. Confidence: reported (aggregated from official California legislature records).