What you need to know: Governor Newsom today finalized his budget that builds and delivers for Californians, signing into law groundbreaking and transformative housing reforms – including sweeping CEQA exemptions — to boost housing production and infrastructure statewide and improve affordability for all.
SACRAMENTO – Governor Gavin Newsom today signed historic legislation as part of the 2025-2026 state budget, enacting new laws that deliver the most consequential housing and infrastructure reform in recent state history. These transformative measures, including Assembly Bill 130 (Committee on Budget) and SB 131 (Committee on Budget and Fiscal Review), bring to life the bold vision set forth in the Governor’s May Revision — advancing faster, more affordable housing and infrastructure as part of California’s Abundance Agenda.
Together, the two budget trailer bills include a comprehensive streamlining package that breaks down long-standing development barriers, modernizes CEQA review for critical housing and infrastructure, and creates new tools to speed up production, reduce costs, and improve accountability across the state.
“This isn’t just a budget. This is a budget that builds. It proves what’s possible when we govern with urgency, with clarity, and with a belief in abundance over scarcity.
In addition to the legislature, I thank the many housing, labor, and environmental leaders who heeded my call and came together around a common goal — to build more housing, faster and create strong affordable pathways for every Californian. Today’s bill is a game changer, which will be felt for generations to come.”
