Bill > SB1016

This bill expresses the California Legislature's intention to propose a new law that would allow voters to approve the issuance of general obligation bonds, which are a type of government debt, specifically to fund the creation of transitional housing. Transitional housing provides temporary shelter and support services for individuals and families who are experiencing homelessness or are at risk of homelessness, helping them move towards stable, long-term housing. This proposal aims to address the need for such housing by seeking voter approval for a bond measure, which would then authorize the state to borrow money to finance these housing projects.

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB1016