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California · 2025–26 Regular Session · Assembly Bill

AB 2166: Multifamily housing development: offsite housing factories: backstop financing.

Vetoed Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted
  6. Vetoed

Last official action: ·Record last updated:

Plain-language summary

AB 2166 is a assembly bill introduced in the California Assembly on February 18, 2026. According to its official title, it concerns: Multifamily housing development: offsite housing factories: backstop financing. Primary sponsor: Juan Carrillo (D), Buffy Wicks (D). It lists 3 additional sponsors. Most recent recorded action (September 18, 2026): Vetoed by Governor.

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.

The Bergeson-Peace Infrastructure and Economic Development Bank Act creates within the Governor’s Office of Business and Economic Development the California Infrastructure and Economic Development Bank (bank) and requires it to administer the act, which, among other things, provides for the financing of certain economic development projects.

This bill would establish, upon appropriation by the Legislature, the Multifamily Backstop Financing Program (program), for purposes of supporting multifamily projects through the provision of state-backed credit backstops that would enable surety companies to issue payment and performance bonds to qualified offsite housing factories in the state. The bill would authorize the bank to provide credit backstops to surety companies and surety insurers that issue construction bonds according to specified parameters. The bill would require the bank to adopt rules and regulations necessary to implement the program.

Sponsors

Sponsors by party (alphabetical): Democratic 4 · Republican 1

NameRolePartyChamberDistrict
Juan CarrilloPrimary sponsorDemocraticAssembly39
Buffy WicksPrimary sponsorDemocraticAssembly14
Mark GonzálezCo-sponsorDemocraticAssembly54
Josh HooverCo-sponsorRepublicanAssembly7
Sharon Quirk-SilvaCo-sponsorDemocraticAssembly67

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Vetoed by Governor.
  2. Enrolled and presented to the Governor at 4 p.m.
  3. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 73. Noes 1. Page 6689.).
  4. In Assembly. Concurrence in Senate amendments pending.
  5. Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0.).
  6. Read second time. Ordered to third reading.
  7. Read third time and amended. Ordered to second reading.
  8. Read second time. Ordered to third reading.
  9. From committee: Do pass. (Ayes 6. Noes 0.) (August 13).
  10. In committee: Referred to APPR. suspense file.
  11. From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (June 30). Re-referred to Com. on APPR.
  12. From committee: Do pass and re-refer to Com. on HOUSING. (Ayes 8. Noes 1.) (June 22). Re-referred to Com. on HOUSING.

Sources

  1. California Legislative Information — pubinfo database export
  2. Official bill page