CA AB905

Requires all state general obligation bond measures approved by voters on or after January 1, 2026, to include specific goals, performance indicators, data collection requirements, and baseline measurements within the bond act itself

Mandates the lead state agency administering the bond to post on its website an overview of funded programs and projects, status summaries by program category, accountability criteria, and project objectives

Requires each lead state agency to submit written reports to the Department of Finance, Legislative Analyst, Assembly Committee on Budget, and Senate Committee on Budget and Fiscal Review on whether bond expenditures were timely, achieved intended purposes, and complied with statutory requirements

Originally applied to local public bodies but was amended to apply only to state general obligation bonds, eliminating the state-mandated local program component

Known as the Bond Outcomes and Reporting Act, the legislation aims to increase transparency and accountability for how voter-approved bond funds are spent on infrastructure investments