California · 2025–26 Regular Session · Senate Bill
SB 417: The Veterans and Affordable Housing Bond Act of 2026.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 417 is a senate bill introduced in the California Senate on February 18, 2025. According to its official title, it concerns: The Veterans and Affordable Housing Bond Act of 2026. Primary sponsor: Monique Limón (D), Robert Rivas (D). It lists 43 additional sponsors. Most recent recorded action (June 25, 2026): Chaptered by Secretary of State. Chapter 16, Statutes of 2026.
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.
This bill would enact the Veterans and Affordable Housing Bond Act of 2026, which, if adopted, would authorize the issuance of bonds in the amount of $11,250,000,000, pursuant to the State General Obligation Bond Law. Of the proceeds from the sale of these bonds, $10,000,000,000 would be used to finance programs to fund affordable rental housing and home ownership programs, including, among others, the Multifamily Housing Program, the CalHome Program, and the Joe Serna, Jr. Farmworker Housing Grant Program, and $1,250,000,000 would be used to provide additional funding for the above-described program for farm, home, and mobilehome purchase assistance for veterans, as provided.
This bill would provide for submission of the bond act to the voters at the November 3, 2026, statewide general election, in accordance with specified law.
Sponsors
Sponsors by party (alphabetical): Democratic 45
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Monique Limón | Primary sponsor | Democratic | Senate | 21 |
| Robert Rivas | Primary sponsor | Democratic | Assembly | 29 |
| Dawn Addis | Co-sponsor | Democratic | Assembly | 30 |
| Patrick Ahrens | Co-sponsor | Democratic | Assembly | 26 |
| David Alvarez | Co-sponsor | Democratic | Assembly | 80 |
| Bob Archuleta | Co-sponsor | Democratic | Senate | 30 |
| Jesse Arreguín | Co-sponsor | Democratic | Senate | 7 |
| Angelique Ashby | Co-sponsor | Democratic | Senate | 8 |
| Josh Becker | Co-sponsor | Democratic | Senate | 13 |
| Steve Bennett | Co-sponsor | Democratic | Assembly | 38 |
| Marc Berman | Co-sponsor | Democratic | Assembly | 23 |
| Catherine Blakespear | Co-sponsor | Democratic | Senate | 38 |
| Christopher Cabaldon | Co-sponsor | Democratic | Senate | 3 |
| Anna Caballero | Co-sponsor | Democratic | Senate | 14 |
| Jessica Caloza | Co-sponsor | Democratic | Assembly | 52 |
| Damon Connolly | Co-sponsor | Democratic | Assembly | 12 |
| Anamarie Ávila Farías | Co-sponsor | Democratic | Assembly | 15 |
| Jesse Gabriel | Co-sponsor | Democratic | Assembly | 46 |
| Mark González | Co-sponsor | Democratic | Assembly | 54 |
| Timothy Grayson | Co-sponsor | Democratic | Senate | 9 |
| Matt Haney | Co-sponsor | Democratic | Assembly | 17 |
| John Harabedian | Co-sponsor | Democratic | Assembly | 41 |
| Gregg Hart | Co-sponsor | Democratic | Assembly | 37 |
| Corey Jackson | Co-sponsor | Democratic | Assembly | 60 |
| Ash Kalra | Co-sponsor | Democratic | Assembly | 25 |
| Maggy Krell | Co-sponsor | Democratic | Assembly | 6 |
| John Laird | Co-sponsor | Democratic | Senate | 17 |
| Tina McKinnor | Co-sponsor | Democratic | Assembly | 61 |
| Caroline Menjivar | Co-sponsor | Democratic | Senate | 20 |
| Al Muratsuchi | Co-sponsor | Democratic | Assembly | 66 |
| Stephanie Nguyen | Co-sponsor | Democratic | Assembly | 10 |
| Sasha Renée Pérez | Co-sponsor | Democratic | Senate | 25 |
| Sharon Quirk-Silva | Co-sponsor | Democratic | Assembly | 67 |
| Rhodesia Ransom | Co-sponsor | Democratic | Assembly | 13 |
| Eloise Gómez Reyes | Co-sponsor | Democratic | Senate | 29 |
| Pilar Schiavo | Co-sponsor | Democratic | Assembly | 40 |
| Nick Schultz | Co-sponsor | Democratic | Assembly | 44 |
| Esmeralda Soria | Co-sponsor | Democratic | Assembly | 27 |
| Thomas Umberg | Co-sponsor | Democratic | Senate | 34 |
| Aisha Wahab | Co-sponsor | Democratic | Senate | 10 |
| Christopher Ward | Co-sponsor | Democratic | Assembly | 78 |
| Buffy Wicks | Co-sponsor | Democratic | Assembly | 14 |
| Scott Wiener | Co-sponsor | Democratic | Senate | 11 |
| Lori Wilson | Co-sponsor | Democratic | Assembly | 11 |
| Rick Chavez Zbur | Co-sponsor | Democratic | Assembly | 51 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Chaptered by Secretary of State. Chapter 16, Statutes of 2026.
- Approved by the Governor.
- Enrolled and presented to the Governor at 12:30 p.m.
- Assembly amendments concurred in. (Ayes 29. Noes 2. Page 5002.) Ordered to engrossing and enrolling.
- In Senate. Concurrence in Assembly amendments pending.
- Read third time. Urgency clause adopted. Passed. (Ayes 61. Noes 7. Page 5852.) Ordered to the Senate.
- Ordered to third reading.
- Read third time and amended.
- Coauthors revised.
- Read second time. Ordered to third reading.
- From committee: Do pass. (Ayes 12. Noes 3.) (May 14).
- Joint Rule 62(a) suspended.