California bills · 2025-2026 Regular Session
California AB 2166
Multifamily housing development: offsite housing factories: backstop financing.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Vetoed
Sponsors
- Carrillo (Democratic)
Cosponsors (4)
- Wicks (Democratic)
- Mark González (Democratic)
- Hoover (Republican)
- Quirk-Silva (Democratic)
Summary
Official abstract published by the California legislature· summary
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.
Text versions
- AB2166
- 02/18/26 - Introduced· Feb 18, 2026
- 03/19/26 - Amended Assembly· Mar 19, 2026
- 04/27/26 - Amended Assembly· Apr 27, 2026
- 08/20/26 - Amended Senate· Aug 20, 2026
- 09/01/26 - Enrolled· Sep 1, 2026
Roll-call votes
State vote data last updated Oct 15, 2026, 8:06 AM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Aug 27, 2026 House | AB 2166 Carrillo Concurrence in Senate Amendments | pass | Set your home in California to see |
| Aug 26, 2026 Senate | 3rd Reading AB2166 Carrillo et al. By Cabaldon | pass | Set your home in California to see |
| Aug 13, 2026 Senate | Do pass | pass | Set your home in California to see |
| Aug 3, 2026 Senate | Placed on suspense file | pass | Set your home in California to see |
| Jun 30, 2026 Senate | Do pass, but first be re-referred to the Committee on [Appropriations] | pass | Set your home in California to see |
| Jun 22, 2026 Senate | Do pass, but first be re-referred to the Committee on [Housing] | pass | Set your home in California to see |
| May 21, 2026 House | AB 2166 Carrillo Assembly Third Reading | pass | Set your home in California to see |
| May 14, 2026 House | Do pass. | pass | Set your home in California to see |
| Apr 22, 2026 House | Do pass as amended and be re-referred to the Committee on [Appropriations] | pass | Set your home in California to see |
Actions
- Sep 18, 2026 · House
Vetoed by Governor. - Sep 4, 2026 · Legislature
Enrolled and presented to the Governor at 4 p.m. - Aug 27, 2026 · House
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 73. Noes 1. Page 6689.). - Aug 27, 2026 · House
In Assembly. Concurrence in Senate amendments pending. - Aug 26, 2026 · Senate
Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0.). - Aug 24, 2026 · Senate
Read second time. Ordered to third reading. - Aug 20, 2026 · Senate
Read third time and amended. Ordered to second reading. - Aug 13, 2026 · Senate
Read second time. Ordered to third reading. - Aug 13, 2026 · Senate
From committee: Do pass. (Ayes 6. Noes 0.) (August 13). - Aug 3, 2026 · Senate
In committee: Referred to APPR. suspense file. - Jul 1, 2026 · Senate
From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (June 30). Re-referred to Com. on APPR. - Jun 22, 2026 · Senate
From committee: Do pass and re-refer to Com. on HOUSING. (Ayes 8. Noes 1.) (June 22). Re-referred to Com. on HOUSING. - Jun 3, 2026 · Senate
Referred to Coms. on B. P. & E.D. and HOUSING. - May 21, 2026 · Senate
In Senate. Read first time. To Com. on RLS. for assignment. - May 21, 2026 · House
Read third time. Passed. Ordered to the Senate. (Ayes 70. Noes 1. Page 5223.) - May 18, 2026 · House
Read second time. Ordered to third reading. - May 14, 2026 · House
From committee: Do pass. (Ayes 13. Noes 0.) (May 14). - May 6, 2026 · House
In committee: Set, first hearing. Referred to APPR. suspense file. - Apr 28, 2026 · House
Re-referred to Com. on APPR. - Apr 27, 2026 · House
Read second time and amended. - Apr 23, 2026 · House
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (April 22). - Mar 23, 2026 · House
Re-referred to Com. on H. & C.D. - Mar 19, 2026 · House
From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended. - Mar 19, 2026 · House
Referred to Com. on H. & C.D. - Feb 19, 2026 · House
From printer. May be heard in committee March 21. - Feb 18, 2026 · House
Read first time. To print.