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Community Stabilization Act: Counties of Los Angeles and Ventura.

It was vetoed on Jan 22, 2026.

CA AB 797 · Assembly Bill · 2025–2026

Stage
Vetoed
Started in
Assembly
Sponsor
1
Latest action
Jan 22, 2026

What it does

(1) Existing law, the Bergeson-Peace Infrastructure and Economic Development Bank Act, establishes the California Infrastructure and Economic Development Bank (I-Bank) in the Governor's Office of Business and Economic Development. Existing law, among other things, authorizes the I-Bank to issue bonds, make loans, and provide financial assistance for various types of projects that qualify as economic development or public development facilities.

Read the full text

Where it stands

This bill failed and is no longer moving.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Needs attention)

    Vetoed

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Community Stabilization Act: Counties of Los Angeles and Ventura. | 52