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AB2329

Surplus residential property: condition-adjusted fair market value: Cities of Pasadena and South Pasadena.

Chamber Passed·5/27/26

California AB2329 regulates the sale of surplus residential property by state agencies to the Cities of Pasadena and South Pasadena, prioritizing.

AB2329 amends California law to establish procedures for the sale of surplus residential property by state agencies to the Cities of Pasadena and South Pasadena. It prioritizes the sale to former owners, present occupants, and tenants, ensuring these properties are used for affordable housing. The bill mandates that proceeds from the sale of unoccupied homes be used for affordable housing projects, with specific requirements for the production or acquisition of affordable units. It also outlines monitoring and reporting requirements to ensure compliance with affordable housing goals.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Last
Passed the Assembly · 12–0 · May 27
Current
Appropriations Committee
Next
Senate floor vote

Sponsors

DD
2
0
Democratic CaucusRepublican Caucus

Roll Call Votes

12 Yea

DDDDDRDRDRDR

0 Nay

1 Absent

D

Calendar

Jun 30

1:30 PM

Senate Transportation Hearing

May 13

9:00 AM

Assembly Appropriations Hearing

History

Jul 2

Senate

Read second time and amended. Re-referred to Com. on APPR.

Jul 1

Senate

From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (June 30).

Jun 18

Senate

From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on TRANS.