PRIA Logo™
CaliforniaAB 6272025-2026 Regular SessionHouseWALLET

California Health Facilities Financing Authority Act.

Sponsored By: Catherine Stefani (Democratic)

Signed by Governor

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

4 provisions identified: 2 benefits, 0 costs, 2 mixed.

Broader CHFFA financing for health providers

The Authority now finances a wider range of health facility projects and costs. Eligible participants include cities, counties, health care districts, nonprofit corporations, certain LLCs, and affiliated nonprofits. Projects can include building, expanding, remodeling, equipping, buying, and reimbursing prior costs, and can be done jointly. Covered costs include land, buildings, equipment, insurance during construction, financing charges, and interest before, during, and up to one year after completion, plus planning, studies, professional fees, and reserves. Covered facilities include hospitals, clinics, nursing homes, mental health centers, some elderly residential care, and related information systems and support buildings; financing cannot support sectarian instruction or worship.

Stronger financial standards for CHFFA loans

The Authority sets one set of financial tests for projects and for working-capital loans. It checks creditworthiness, pledged revenues, expected earnings, debt-service coverage, and basic security. If the Authority finds an institution is in financial distress, it is not eligible for financing. These rules guide which applicants can receive CHFFA support.

Modern bond tools for health projects

The law defines revenue bonds for this program. The Authority can issue bonds, notes, leases, installment-sale obligations, and certificates of participation. This gives more ways to finance or refinance health projects.

Old CHFFA section repealed

The law repeals Government Code Section 15451.5. Any separate authority or process in that section no longer applies. Other updated CHFFA rules in this act remain in effect.

Sponsors & Cosponsors

Sponsor

  • Catherine Stefani

    Democratic • House

Cosponsors

  • Pilar Schiavo

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 233 • No: 0

House vote • 9/4/2025

Item 11 — Assembly AFLOOR

Yes: 78 • No: 0

Senate vote • 9/2/2025

Item 239 — Senate SFLOOR

Yes: 40 • No: 0

legislature vote • 6/11/2025

Vote in CS60

Yes: 9 • No: 0

House vote • 5/1/2025

Item 187 — Assembly AFLOOR

Yes: 76 • No: 0

legislature vote • 4/23/2025

Vote in CX25

Yes: 15 • No: 0

legislature vote • 4/1/2025

Vote in CX08

Yes: 15 • No: 0

Actions Timeline

  1. Chaptered by Secretary of State - Chapter 377, Statutes of 2025.

    10/6/2025Senate

  2. Approved by the Governor.

    10/6/2025legislature

  3. Enrolled and presented to the Governor at 4 p.m.

    9/11/2025legislature

  4. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 2910.).

    9/4/2025House

  5. In Assembly. Concurrence in Senate amendments pending.

    9/2/2025House

  6. Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2390.).

    9/2/2025Senate

  7. Read second time. Ordered to third reading.

    7/7/2025Senate

  8. Read third time and amended. Ordered to second reading.

    7/3/2025Senate

  9. Ordered to third reading.

    7/3/2025Senate

  10. From Consent Calendar.

    7/3/2025Senate

  11. Read second time. Ordered to Consent Calendar.

    7/1/2025Senate

  12. From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar.

    6/30/2025Senate

  13. From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 9. Noes 0.) (June 11). Re-referred to Com. on APPR.

    6/12/2025Senate

  14. Referred to Com. on HEALTH.

    5/14/2025Senate

  15. In Senate. Read first time. To Com. on RLS. for assignment.

    5/1/2025Senate

  16. Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 1387.)

    5/1/2025House

  17. Read second time. Ordered to Consent Calendar.

    4/24/2025House

  18. From committee: Do pass. To Consent Calendar. (Ayes 15. Noes 0.) (April 23).

    4/23/2025House

  19. Re-referred to Com. on APPR.

    4/8/2025House

  20. Read second time and amended.

    4/7/2025House

  21. From committee: Amend, and do pass as amended and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 15. Noes 0.) (April 1).

    4/3/2025House

  22. Referred to Com. on HEALTH.

    2/24/2025House

  23. From printer. May be heard in committee March 16.

    2/14/2025House

  24. Read first time. To print.

    2/13/2025House

Bill Text

  • Chaptered

    10/6/2025

    HTML

  • Enrolled

    9/8/2025

    HTML

  • Amended Senate

    7/3/2025

    HTML

  • Amended Assembly

    4/7/2025

    HTML

  • Introduced

    2/13/2025

    HTML

Related Bills

Back to State Legislation