Committee advances bill to create Golden State Infrastructure Fund for large projects
SB 769 would create a revolving fund to invest in large, cross‑jurisdictional infrastructure projects through public‑private finance; the committee advanced the bill to appropriations.
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The Assembly committee on July 11, 2025 voted to send SB 769 to the Appropriations Committee. Authored by Senator Caballero, the bill would establish the Golden State Infrastructure Fund, a revolving financing vehicle intended to support large infrastructure projects across California by enabling debt and equity‑like investments and leveraging public‑private partnerships.
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