California · 2025–26 Regular Session · Senate Bill
SB 750: California Housing Finance Agency: credit enhancement mechanisms study.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 750 is a senate bill introduced in the California Senate on February 21, 2025. According to its official title, it concerns: California Housing Finance Agency: credit enhancement mechanisms study. Primary sponsor: Dave Cortese (D). It lists 13 additional sponsors. Most recent recorded action (September 29, 2026): Chaptered by Secretary of State. Chapter 803, 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.
Existing law establishes the California Housing Finance Agency for the primary purpose of meeting the housing needs of persons and families of low or moderate income, and sets forth various programs administered by the agency to fulfill that purpose.
This bill would require the agency to conduct a comprehensive assessment of potential credit enhancement mechanisms designed to reduce borrowing costs for housing projects receiving state financial assistance that includes specified evaluations. The bill would require the agency to submit an interim report by January 1, 2028, and a final report by July 1, 2028, as specified.
Sponsors
Sponsors by party (alphabetical): Democratic 14
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Dave Cortese | Primary sponsor | Democratic | Senate | 15 |
| Jesse Arreguín | Co-sponsor | Democratic | Senate | 7 |
| Josh Becker | Co-sponsor | Democratic | Senate | 13 |
| Christopher Cabaldon | Co-sponsor | Democratic | Senate | 3 |
| Maria Elena Durazo | Co-sponsor | Democratic | Senate | 26 |
| Matt Haney | Co-sponsor | Democratic | Assembly | 17 |
| Ash Kalra | Co-sponsor | Democratic | Assembly | 25 |
| Diane Papan | Co-sponsor | Democratic | Assembly | 21 |
| Gail Pellerin | Co-sponsor | Democratic | Assembly | 28 |
| Sharon Quirk-Silva | Co-sponsor | Democratic | Assembly | 67 |
| Catherine Stefani | Co-sponsor | Democratic | Assembly | 19 |
| Thomas Umberg | Co-sponsor | Democratic | Senate | 34 |
| Scott Wiener | Co-sponsor | Democratic | Senate | 11 |
| Lori Wilson | Co-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
- Chaptered by Secretary of State. Chapter 803, Statutes of 2026.
- Approved by the Governor.
- Enrolled and presented to the Governor at 2 p.m.
- Assembly amendments concurred in. (Ayes 40. Noes 0.) Ordered to engrossing and enrolling.
- In Senate. Concurrence in Assembly amendments pending.
- Read third time. Passed. (Ayes 64. Noes 6. Page 6746.) Ordered to the Senate.
- Ordered to third reading.
- Read third time and amended.
- Read second time. Ordered to third reading.
- Read second time and amended. Ordered to second reading.
- From committee: Do pass as amended. (Ayes 11. Noes 0.) (August 13).
- Assembly Rule 63 suspended.