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CA AB694
Bill
Status
5/24/2019
Primary Sponsor
Jacqui Irwin
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AI Summary
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Authorizes the issuance of $600,000,000 in state general obligation bonds to provide housing to veterans and their families under the Veterans Housing and Homeless Prevention Act of 2014.
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Designates the Department of Veterans Affairs as the board responsible for administering the bond program in consultation with the California Housing Finance Agency and the Department of Housing and Community Development.
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Establishes the Housing for Veterans Fund to receive and distribute bond proceeds for housing programs benefiting veterans and their families.
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Requires the bond measure to be submitted to voters at the March 8, 2022 statewide primary election.
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Allows the Legislature to amend the act by majority vote to improve program efficiency, effectiveness, and accountability.
Legislative Description
Veterans Housing and Homeless Prevention Bond Act of 2022.
Last Action
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR.
6/24/2020