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AB 1551 — Housing.
Last action — Chaptered by Secretary of State - Chapter 555, Statutes of 2012.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Assembly
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 26, 2012. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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2 sponsors
1 primary, 1 co-sponsors signed on.
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Cleared a recorded vote
Passed 11 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
Existing law establishes the CalHome Program, administered by the Department of Housing and Community Development, to enable low- and very low income households to become or remain homeowners. Existing law requires the department, under the program, to provide grant or loan funds to local public agencies or nonprofit corporations for specified purposes relating to the promotion of home ownership. Existing law requires that financial assistance provided to individual households be in the form of deferred payment loans, repayable upon sale or transfer of the homes, when they cease to be owner-occupied, or upon the loan maturity date. This bill would, notwithstanding any other law, authorize the department to permit the downpayment assistance loan to be subordinated to refinancing if it determines that the borrower and the proposed subordination meet certain requirements. Existing law requires the California Housing Finance Agency to administer the California Homebuyer's Downpayment Assistance Program for the purpose of assisting first-time low- and moderate-income homebuyers utilizing existing mortgage financing. Existing law authorizes a borrower to refinance a mortgage under specified circumstances. Existing law authorizes the agency, in its discretion, to permit a downpayment assistance loan to be subordinated to refinancing if it determines that certain criteria have been met. Existing law authorizes the agency to permit subordination on those terms and conditions as it determines are reasonable. Existing law requires the California Housing Finance Agency to administer the Home Purchase Assistance Program for the purpose of assisting first-time homebuyers utilizing existing mortgage financing. Existing law also requires the agency to administer the Extra Credit Teacher Home Purchase Program, as specified, and any other school personnel home ownership assistance program that is set forth by the California Debt Limit Allocation Committee. This bill would further extend the authority of the agency to permit a downpayment assistance loan made under any of those programs to be subordinated to refinancing, subject to certain criteria and under terms and conditions as the agency determines are reasonable, unless the borrower has sufficient equity to repay the loan. This bill would declare that it is to take effect immediately as an urgency statute.
Bill Text
- Chaptered 09/25/12 - Chaptered Current pdf September 25, 2012
- Enrolled 09/11/12 - Enrolled pdf September 11, 2012
- Amended 08/22/12 - Amended Senate pdf August 22, 2012
- Amended 07/05/12 - Amended Senate pdf July 05, 2012
- Introduced 01/26/12 - Introduced pdf January 26, 2012
- AB1551 View text html
Action History
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Chaptered by Secretary of State - Chapter 555, Statutes of 2012.
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Approved by the Governor.
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Enrolled and presented to the Governor at 3:30 p.m.
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Urgency clause adopted. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0. Page 6792.).
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Assembly Rule 63 suspended. (Page 6792.)
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From committee: That the Senate amendments be concurred in. (Ayes 6. Noes 0.) (August 31).
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Joint Rule 62(a), file notice suspended. (Page 6781.)
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Re-referred to Com. on H. & C.D. pursuant to Assembly Rule 77.2.
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In Assembly. Concurrence in Senate amendments pending.
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Read third time. Urgency clause adopted. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 5053.).
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Read second time. Ordered to third reading.
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From committee: Do pass. (Ayes 6. Noes 0.) (August 29).
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From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (August 28). Re-referred to Com. on APPR.
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(pending re-referral to Com. on APPR.)
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Joint Rule 62(a), file notice suspended. (Page 4895.)
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Re-referred to Com. on T. & H.
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Joint Rule 61(b)(15) suspended. (Page 4875.)
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Re-referred to Com. on RLS. pursuant to Senate Rule 29.10(c).
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Read second time. Ordered to third reading.
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Read third time and amended. Ordered to second reading.
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Read second time. Ordered to third reading.
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From committee: Do pass. (Ayes 7. Noes 0.) (August 16).
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In committee: Referred to APPR. suspense file.
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Read second time and amended. Re-referred to Com. on APPR.
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From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (June 28).
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Referred to Com. on INS.
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In Senate. Read first time. To Com. on RLS. for assignment.
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Read third time. Passed. Ordered to the Senate. (Ayes 69. Noes 3. Page 5169.)
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Read second time. Ordered to third reading.
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From committee: Do pass. (Ayes 16. Noes 1.) (May 2).
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From committee: Do pass and re-refer to Com. on APPR. (Ayes 13. Noes 0.) (April 18). Re-referred to Com. on APPR.
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Referred to Com. on INS.
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From printer. May be heard in committee February 26.
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Introduced. To print.
Sponsors
- DeSaulnier · Cosponsor
- Torres · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 120 not signed on · 1 voted No
Sponsors (1)
- Torres
Co-sponsors (1)
- DeSaulnier
Not signed on (120)
120 members have not signed on to this bill.
Show all 120 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 2 | 0 | 0 | 0 |
| Unaffiliated | 76 | 0 | 0 | 1 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 79 | 0 | 0 | 1 |
| % of votes cast | 99% | 0% | 0% | 1% |
How each member voted (80)
| Member | Party | Vote |
|---|---|---|
| Halderman | — | Yea |
| Butler | — | Yea |
| Hagman | — | Yea |
| Hill | — | Yea |
| Hueso | — | Yea |
| Carter | — | Yea |
| Jeffries | — | Yea |
| Knight | — | Yea |
| John A. Pérez | — | Yea |
| Mitchell | — | Yea |
| Atkins | — | Yea |
| Miller | — | Yea |
| Pan | — | Yea |
| Bradford | — | Yea |
| Cedillo | — | Yea |
| Chesbro | — | Yea |
| Donnelly | — | Yea |
| Skinner | — | Yea |
| Valadao | — | Yea |
| Portantino | — | Yea |
| Yamada | — | Yea |
| Campos | — | Yea |
| Allen | — | Yea |
| Feuer | — | Yea |
| Furutani | — | Yea |
| Bonilla | — | Yea |
| Galgiani | — | Yea |
| Fong | — | Yea |
| Fletcher | — | Yea |
| Gordon | — | Yea |
| Gorell | — | Yea |
| Hall | — | Yea |
| Harkey | — | Yea |
| Hayashi | — | Yea |
| Huffman | — | Yea |
| Ammiano | — | Yea |
| Beall | — | Yea |
| Block | — | Yea |
| Conway | — | Yea |
| Lara | — | Yea |
| Ma | — | Yea |
| Mendoza | — | Yea |
| Monning | — | Yea |
| Morrell | — | Yea |
| Nestande | — | Yea |
| Nielsen | — | Yea |
| Olsen | — | Yea |
| Silva | — | Yea |
| Smyth | — | Yea |
| Solorio | — | Not Voting |
| Swanson | — | Yea |
| Wieckowski | — | Yea |
| Achadjian | — | Yea |
| Alejo | — | Yea |
| Blumenfield | — | Yea |
| Brownley | — | Yea |
| Buchanan | — | Yea |
| Huber | — | Yea |
| Logue | — | Yea |
| Mansoor | — | Yea |
| Norby | — | Yea |
| Perea | — | Yea |
| Torres | — | Yea |
| Wagner | — | Yea |
| Williams | — | Yea |
| Cook | — | Yea |
| Eng | — | Yea |
| Davis | — | Yea |
| Dickinson | — | Yea |
| Fuentes | — | Yea |
| Garrick | — | Yea |
| Gatto | — | Yea |
| Beth Gaines | — | Yea |
| Bill Berryhill | — | Yea |
| Bonnie Lowenthal | — | Yea |
| Roger Hernández | — | Yea |
| V. Manuel Pérez | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 6 | 0 | 0 | 1 |
| Total | 6 | 0 | 0 | 1 |
| % of votes cast | 86% | 0% | 0% | 14% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Atkins | — | Yea |
| Hueso | — | Not Voting |
| Torres | — | Yea |
| Bradford | — | Yea |
| Jeffries | — | Yea |
| Mendoza | — | Yea |
| Beth Gaines | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 34 | 0 | 0 | 3 |
| Republican | 1 | 0 | 0 | 0 |
| Democratic | 2 | 0 | 0 | 0 |
| Total | 37 | 0 | 0 | 3 |
| % of votes cast | 93% | 0% | 0% | 8% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Hancock | — | Yea |
| Yee | — | Yea |
| Lowenthal | — | Yea |
| Cannella | — | Yea |
| De León | — | Yea |
| Evans | — | Yea |
| Negrete McLeod | — | Yea |
| Rubio | — | Yea |
| Harman | — | Yea |
| Runner | — | Not Voting |
| Hernandez | — | Yea |
| Corbett | — | Yea |
| Huff | — | Yea |
| Anderson | — | Yea |
| Blakeslee | — | Yea |
| Dutton | — | Yea |
| Lieu | — | Yea |
| Liu | — | Yea |
| Pavley | — | Not Voting |
| Price | — | Yea |
| Simitian | — | Yea |
| Steinberg | — | Yea |
| Vargas | — | Yea |
| Wolk | — | Yea |
| Wright | — | Yea |
| Alquist | — | Yea |
| Kehoe | — | Yea |
| Leno | — | Yea |
| Walters | — | Yea |
| Wyland | — | Yea |
| Emmerson | — | Yea |
| Correa | — | Yea |
| DeSaulnier | — | Yea |
| Fuller | — | Yea |
| Beth Gaines | — | Yea |
| Bill Berryhill | — | Not Voting |
| La Malfa | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Padilla, Stephen C. | Democratic | Yea |
| Strickland, Tony | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 6 | 0 | 0 | 1 |
| Total | 6 | 0 | 0 | 1 |
| % of votes cast | 86% | 0% | 0% | 14% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Lieu | — | Not Voting |
| Alquist | — | Yea |
| Dutton | — | Yea |
| Price | — | Yea |
| Steinberg | — | Yea |
| Kehoe | — | Yea |
| Walters | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 7 | 0 | 0 | 2 |
| Total | 7 | 0 | 0 | 2 |
| % of votes cast | 78% | 0% | 0% | 22% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Pavley | — | Not Voting |
| Rubio | — | Yea |
| Lowenthal | — | Yea |
| Kehoe | — | Yea |
| Harman | — | Yea |
| Simitian | — | Yea |
| Wyland | — | Not Voting |
| DeSaulnier | — | Yea |
| Beth Gaines | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 7 | 0 | 0 | 0 |
| Total | 7 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Alquist | — | Yea |
| Dutton | — | Yea |
| Steinberg | — | Yea |
| Kehoe | — | Yea |
| Lieu | — | Yea |
| Price | — | Yea |
| Walters | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 7 | 0 | 0 | 0 |
| Total | 7 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Alquist | — | Yea |
| Dutton | — | Yea |
| Kehoe | — | Yea |
| Lieu | — | Yea |
| Price | — | Yea |
| Steinberg | — | Yea |
| Walters | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 8 | 0 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 9 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Wyland | — | Yea |
| Corbett | — | Yea |
| Lowenthal | — | Yea |
| Anderson | — | Yea |
| Lieu | — | Yea |
| Price | — | Yea |
| Correa | — | Yea |
| Beth Gaines | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 68 | 2 | 0 | 7 |
| Republican | 1 | 1 | 0 | 0 |
| Democratic | 0 | 0 | 0 | 1 |
| Total | 69 | 3 | 0 | 8 |
| % of votes cast | 86% | 4% | 0% | 10% |
How each member voted (80)
| Member | Party | Vote |
|---|---|---|
| Gorell | — | Yea |
| Halderman | — | Yea |
| Butler | — | Yea |
| Feuer | — | Yea |
| Carter | — | Yea |
| Cedillo | — | Yea |
| Hill | — | Yea |
| Huber | — | Yea |
| Fong | — | Yea |
| Allen | — | Yea |
| Olsen | — | Yea |
| Yamada | — | Yea |
| Furutani | — | Yea |
| Galgiani | — | Yea |
| Gatto | — | Yea |
| Portantino | — | Yea |
| John A. Pérez | — | Yea |
| Mitchell | — | Yea |
| Gordon | — | Not Voting |
| Fletcher | — | Yea |
| Hagman | — | Yea |
| Campos | — | Yea |
| Hall | — | Yea |
| Bonilla | — | Yea |
| Atkins | — | Yea |
| Hayashi | — | Yea |
| Huffman | — | Yea |
| Beall | — | Yea |
| Block | — | Yea |
| Chesbro | — | Yea |
| Conway | — | Yea |
| Davis | — | Yea |
| Donnelly | — | Nay |
| Jeffries | — | Yea |
| Knight | — | Yea |
| Mendoza | — | Not Voting |
| Miller | — | Yea |
| Monning | — | Yea |
| Morrell | — | Yea |
| Nestande | — | Yea |
| Nielsen | — | Yea |
| Pan | — | Yea |
| Perea | — | Yea |
| Silva | — | Not Voting |
| Skinner | — | Yea |
| Solorio | — | Yea |
| Torres | — | Yea |
| Valadao | — | Not Voting |
| Wieckowski | — | Yea |
| Achadjian | — | Yea |
| Alejo | — | Yea |
| Ammiano | — | Yea |
| Blumenfield | — | Yea |
| Bradford | — | Yea |
| Brownley | — | Yea |
| Buchanan | — | Yea |
| Harkey | — | Yea |
| Hueso | — | Yea |
| Lara | — | Yea |
| Logue | — | Yea |
| Ma | — | Yea |
| Mansoor | — | Not Voting |
| Norby | — | Not Voting |
| Smyth | — | Yea |
| Swanson | — | Yea |
| Wagner | — | Nay |
| Williams | — | Yea |
| Cook | — | Yea |
| Eng | — | Yea |
| Dickinson | — | Yea |
| Fuentes | — | Yea |
| Garrick | — | Not Voting |
| Beth Gaines | — | Yea |
| Bill Berryhill | — | Yea |
| Bonnie Lowenthal | — | Yea |
| Roger Hernández | — | Yea |
| V. Manuel Pérez | — | Yea |
| Calderon, Lisa | Democratic | Not Voting |
| Grove, Shannon | Republican | Nay |
| Jones, Brian W. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 1 | 0 | 0 | 0 |
| Unaffiliated | 15 | 1 | 0 | 0 |
| Total | 16 | 1 | 0 | 0 |
| % of votes cast | 94% | 6% | 0% | 0% |
How each member voted (17)
| Member | Party | Vote |
|---|---|---|
| Gatto | — | Yea |
| Mitchell | — | Yea |
| Hall | — | Yea |
| Campos | — | Yea |
| Lara | — | Yea |
| Nielsen | — | Yea |
| Blumenfield | — | Yea |
| Donnelly | — | Nay |
| Bradford | — | Yea |
| Harkey | — | Yea |
| Hill | — | Yea |
| Norby | — | Yea |
| Solorio | — | Yea |
| Wagner | — | Yea |
| Davis | — | Yea |
| Fuentes | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 12 | 0 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 13 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (13)
| Member | Party | Vote |
|---|---|---|
| Carter | — | Yea |
| Hagman | — | Yea |
| Hayashi | — | Yea |
| Miller | — | Yea |
| Skinner | — | Yea |
| Solorio | — | Yea |
| Torres | — | Yea |
| Wieckowski | — | Yea |
| Bradford | — | Yea |
| Olsen | — | Yea |
| Feuer | — | Yea |
| Beth Gaines | — | Yea |
| Calderon, Lisa | Democratic | Yea |
Subjects
Frequently asked questions
- What does AB 1551 do?
- Existing law establishes the CalHome Program, administered by the Department of Housing and Community Development, to enable low- and very low income households to become or remain homeowners. Existing law requires the department, under the program, to provide grant or loan funds to local public agencies or nonprofit corporations for specified purposes relating to the promotion of home ownership. Existing law requires that financial assistance provided to individual households be in the form of deferred payment loans, repayable upon sale or transfer of the homes, when they cease to be owner-occupied, or upon the loan maturity date. This bill would, notwithstanding any other law, authorize the department to permit the downpayment assistance loan to be subordinated to refinancing if it determines that the borrower and the proposed subordination meet certain requirements. Existing law requires the California Housing Finance Agency to administer the California Homebuyer's Downpayment Assistance Program for the purpose of assisting first-time low- and moderate-income homebuyers utilizing existing mortgage financing. Existing law authorizes a borrower to refinance a mortgage under specified circumstances. Existing law authorizes the agency, in its discretion, to permit a downpayment assistance loan to be subordinated to refinancing if it determines that certain criteria have been met. Existing law authorizes the agency to permit subordination on those terms and conditions as it determines are reasonable. Existing law requires the California Housing Finance Agency to administer the Home Purchase Assistance Program for the purpose of assisting first-time homebuyers utilizing existing mortgage financing. Existing law also requires the agency to administer the Extra Credit Teacher Home Purchase Program, as specified, and any other school personnel home ownership assistance program that is set forth by the California Debt Limit Allocation Committee. This bill would further extend the authority of the agency to permit a downpayment assistance loan made under any of those programs to be subordinated to refinancing, subject to certain criteria and under terms and conditions as the agency determines are reasonable, unless the borrower has sufficient equity to repay the loan. This bill would declare that it is to take effect immediately as an urgency statute.
- Who sponsors AB 1551?
- AB 1551 is sponsored by DeSaulnier and Torres.
- What is the current status of AB 1551?
- This bill has been enacted into law. Introduced January 26, 2012. Enacted.
- Where can I track AB 1551?
- Track AB 1551 free on One Click Politics — get push/email alerts when it moves.
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