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Week of January 5, 2026
In an effort to keep my constituents informed of the policies being discussed in Sacramento, the following is a brief description of the bills being heard in Senate Policy Committees next week. This is for informational purposes only and does not represent my position on any of the bills. Please note that this information is being sent in advance of the Senate Policy Committees scheduled to meet next week and they have not been presented for a vote yet.
However, I hope that you will share your opinion on any or all of these bills with me by replying to this email or calling one of my offices. I want to hear from you. I want to keep you informed of the legislation that is being introduced in California in the hope that you will be engaged in sharing your position on them. I would also like to invite you to attend one of my town halls to learn more about the legislative process and have your voice heard.
To learn more or monitor the progress of any of these bills, please visit California Legislative Information.
For more information about legislative deadlines and where we are in the legislative process click here.
For more information about how to submit a position letter to committee click here.
If you have additional questions, please feel free to reach out to my office through any of the methods listed here: https://sr19.senate.ca.gov/my-offices
I hope you find this information useful. YOUR VOICE MATTERS.
Thank you,
ROSILICIE OCHOA BOGH
Senator, 19 th District
Banking & Financial Institutions
Wednesday, January 7
SB 505 (Richardson) Requires digital wallet providers and money transmitters to use mandatory two-factor authentication or multifactor authentication for all user logins. Provides that the bill becomes operative on January 1, 2028, presumably to allow digital wallet providers and money transmitters time to comply with these requirements.
SB 546 (Grayson) Repeals the code section that established the California Financial Literacy Fund.
SB 700 (Grayson) Repeals the code section that established the Bank on California Program.
Housing
Tuesday, January 6
SB 417 (Cabaldon) Enacts the Affordable Housing Bond Act of 2026 to authorize the issuance of $10 billion in general obligation bonds to finance programs to fund affordable rental housing and home ownership programs.
SB 457 (Becker) Defines "in-kind services" for purposes of the housing element provision related to committed assistance.
SB 492 (Menjivar) Enacts the Youth Housing Bond Act of 2025 to authorize the issuance of an unspecified amount of general obligation bonds to finance the Youth Housing Program.
SB 677 (Wiener) Makes changes to the recently enacted SB 79 regarding transit-oriented development projects.
SB 722 (Wahab) Prohibits an SB 79 transit-oriented development project from being located on a site governed by the mobilehome, recreational vehicle, or special occupancy laws.
Additional Resources:
For more information about any of the bills on this list click here.
For more information about legislative deadlines and where we are in the legislative process click here.
For more information about how to submit a position letter to committee click here.
Thank you,
ROSILICIE OCHOA BOGH
Senator, 19th District
For more details on legislation in the California State Senate or to give your feedback contact: https://sr19.senate.ca.gov/my-offices
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