California · 2025–26 Regular Session · Assembly Bill
AB 1406: Attached residential condominium sales: liquidated damages.
Passed one chamber Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
AB 1406 is a assembly bill introduced in the California Assembly on February 21, 2025. According to its official title, it concerns: Attached residential condominium sales: liquidated damages. Primary sponsor: Christopher Ward (D), Buffy Wicks (D), Lori Wilson (D). Most recent recorded action (June 29, 2026): In committee: Set, first hearing. Hearing canceled at the request of author.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Legislative Counsel’s Digest (official, as of the latest version). Written by nonpartisan legislative staff; reproduced verbatim.
Existing law establishes that for the initial sale of a newly constructed condominium unit, as specified, the amount actually paid to the seller in the event of a buyer’s default pursuant to a liquidated damages provision that exceeds 3% of the purchase price of the residential unit is subject to specified requirements, including an accounting of the seller’s costs and revenues, as specified.
This bill would delete the above-specified percentage and, instead, increase that percentage to 6%.
Sponsors
Sponsors by party (alphabetical): Democratic 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Christopher Ward | Primary sponsor | Democratic | Assembly | 78 |
| Buffy Wicks | Primary sponsor | Democratic | Assembly | 14 |
| Lori Wilson | Primary sponsor | Democratic | Assembly | 11 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- In committee: Set, first hearing. Hearing canceled at the request of author.
- Referred to Com. on JUD.
- In Senate. Read first time. To Com. on RLS. for assignment.
- Read third time. Passed. Ordered to the Senate. (Ayes 41. Noes 15. Page 3880.)
- Read third time and amended. Ordered to third reading. (Page 3816.)
- Read second time. Ordered to third reading.
- Read second time and amended. Ordered returned to second reading.
- From committee: Amend, and do pass as amended. (Ayes 7. Noes 3.) (January 13).
- Re-referred to Com. on JUD.
- From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.
- In committee: Set, second hearing. Hearing canceled at the request of author.
- In committee: Set, first hearing. Hearing canceled at the request of author.