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AB 2739CALIFORNIASession 20252026
Finance Detected

California AB 2739 creates Water Affordability and System Stabilization Fund to subsidize local water rates and infrastructure

Original title: Water: affordability and system stabilization.

August 30, 2026

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Where This Stands

Currently Unknown. The next step in the legislative lifecycle is Introduced.

Version history & redline

4 versions on file

Official version history is partial: 4 linked texts are unavailable or incomplete. Source links remain available below.

Comparing 03/19/26 - Amended Assembly04/06/26 - Amended Assembly
removed addedOfficial text

The text diff for this stage has not been computed yet.

pdf extract failed: Invalid PDF structure.

Redline computed from the official version text (record lane).View this version →

Finance Connection

Notable money activity
$128,397across 20 reported contributions
Trace money trail →
CandidateDonorAmountIndustryDate
Mike Griffiths for Torrance City Treasurer 2022Mike Griffiths for Torrance City Council 2020$15,000-Feb 2022
Mike Griffiths for Torrance City Treasurer 2022Mike Griffiths for Torrance City Council 2020$15,000-Feb 2022
Mike Griffiths for Torrance City Treasurer 2022Mike Griffiths for Torrance City Council 2020$15,000-Feb 2022
Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018Fontanans for John Roberts City Council 2022$8,100-Oct 2022
Eugene J. Solomon For Treasurer 2019Eugene J. Solomon$7,500Insurance BrokerDec 2021
Kilroy for Treasurer 2023Matthew Kilroy$7,500retiredFeb 2023
Kilroy for Treasurer 2023Matthew Kilroy$7,500retiredFeb 2023
Lori Ogorchock Antioch Treasurer 2024Lori Ogorchock Antioch City Council 2022$5,402-Oct 2024
Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018Citizens and Friends of Acquanetta Warren for Mayor 2022$5,000-Oct 2022
Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018David Wiener$4,900OwnerJul 2022
Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018KAL Trailers & Leasing Inc$4,900-Sep 2022
Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018James Previti$4,900President/CEOSep 2022
Eugene J. Solomon For Treasurer 2019Eugene J. Solomon$4,500Insurance BrokerDec 2021
Eugene J. Solomon For Treasurer 2019Eugene J. Solomon$4,000Insurance BrokerDec 2021
Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018Inland Empire Business Alliance$3,750-Nov 2022
Krystle Palmer for Burbank City Treasurer 2020Sean Palmer$3,500Technical DirectorNov 2020
Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018San Bernardino County Business Owners PAC$3,200-Aug 2022
Carla Denez Towns, Rialto City Treasurer 2024Carla Denez Towns$3,139-Dec 2024
Tiegel Doherty for City Treasurer 2020Tiegel Doherty for City Treasurer 2020$2,924-Jul 2021
Lindsey Francois for Burbank City Treasurer 2020Lindsey Francois$2,681EngineerJan 2021

Reported financial relationships and timing signals. This does not prove motive or influence. Readers draw their own conclusions.

The Frame

What this does

The bill creates a permanent, state-managed investment vehicle intended to lower the financial burden on local water ratepayers by subsidizing infrastructure costs and providing rate assistance, contingent on initial legislative funding.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Local water ratepayers

Ratepayers may see reduced costs for water infrastructure projects due to state-funded grants provided to their local water systems.

Community water systems

These systems are eligible to apply for state grants to fund local infrastructure projects.

State Treasurer

The Treasurer is designated as the trustee responsible for managing and investing the new trust fund.

What changed

Last recorded activity August 30, 2026.

What's next

Introduced.

Summary

This bill establishes a new state trust fund to provide long-term financial assistance for water affordability and infrastructure projects, funded by investment income and private or public contributions. It creates a 25-year ramp-up period for the trust before full annual distributions begin to the Water Rate Assistance Fund and the Community Water Affordability Assistance Fund.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

How will this bill lower my water bill?
The bill creates a long-term trust fund that will provide money to the Water Rate Assistance Fund and the Community Water Affordability Assistance Fund, which are designed to reduce the amount of local ratepayer funding required for water infrastructure projects.
When will the funding become available?
The trust will begin providing annual funding to the assistance funds 25 years after the Legislature transfers the initial funding from the General Fund into the trust.
Who can apply for the infrastructure grants?
Community water systems can apply for grants for local infrastructure projects, provided they can generally cover at least 25% of the project costs.

Why It Matters

The bill creates a permanent, state-managed investment vehicle intended to lower the financial burden on local water ratepayers by subsidizing infrastructure costs and providing rate assistance, contingent on initial legislative funding.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Long-term funding horizon

The bill mandates a 25-year maturation period for the trust before full distributions begin, indicating a focus on long-term capital accumulation rather than immediate relief.

Connected Entities

otherCommunity Water Affordability ProgramNew grant program for local water infrastructure.Map →
organizationState TreasuryHouses the new Water Affordability and System Stabilization Fund.Map →
personTreasurerDesignated as the trustee for the Water Affordability and System Stabilization TMap →
organizationDepartment of Water ResourcesAdministers the Community Water Affordability Assistance Fund and Program.Map →
locationState TreasuryHouses the newly created Water Affordability and System Stabilization Fund.Map →
otherWater Affordability and System Stabilization FundNew fund created to hold trust principal and income.Map →
organizationState Water Resources Control BoardAdministers the Water Rate Assistance Fund.Map →

Sources

Open source document

openstates.org

Analysis Score

0–100
  • Significance85
    How much this matters to a regular citizen
  • Controversy20
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz30
    Current news / social attention level

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