California Assembly Bill 1406
Session 20252026
Attached residential condominium sales: liquidated damages.
Active
Passed Assembly on Jan 29, 2026
Sponsors
First Action
Feb 21, 2025
Latest Action
Jan 29, 2026
Origin Chamber
Assembly
Type
Bill
Bill Number
1406
State
California
Session
20252026
Motion Text
AB 1406 Ward Assembly Third Reading
Assembly Roll Call Votes
Other
Yes
Yes
Other
Ávila Farías
Yes
Other
Other
Yes
Other
Yes
Other
Other
Other
Yes
Other
Other
Other
Yes
Yes
Yes
Other
Other
Other
Other
Yes
Other
Yes
Other
Yes
Yes
Yes
Other
Other
Yes
Yes
Other
Other
Other
Other
Yes
Other
No
Summary
Existing law establishes that for the initial sale of a newly constructed condominium unit, as specified, the amount actually paid to the seller in the event of a buyer's default pursuant to a liquidated damages provision that exceeds 3% of the purchase price of the residential unit is subject to specified requirements, including an accounting of the seller's costs and revenues, as specified.
This bill would delete the above-specified percentage and, instead, increase that percentage to 6%.
02/21/25 - Introduced
February 21, 2025
03/24/25 - Amended Assembly
March 24, 2025
01/05/26 - Amended Assembly
January 5, 2026
01/14/26 - Amended Assembly
January 14, 2026
01/22/26 - Amended Assembly
January 22, 2026
01/09/26- Assembly Judiciary
January 9, 2026
01/15/26- ASSEMBLY FLOOR ANALYSIS
January 15, 2026
01/23/26- ASSEMBLY FLOOR ANALYSIS
January 23, 2026
Sort by most recent
01/29/2026
Senate
In Senate. Read first time. To Com. on RLS. for assignment.
01/29/2026
Assembly
Read third time. Passed. Ordered to the Senate. (Ayes 41. Noes 15.)
01/22/2026
Assembly
Read third time and amended. Ordered to third reading.
01/15/2026
Assembly
Read second time. Ordered to third reading.
01/14/2026
Assembly
Read second time and amended. Ordered returned to second reading.
01/13/2026
Assembly
From committee: Amend, and do pass as amended. (Ayes 7. Noes 3.) (January 13).
01/06/2026
Assembly
Re-referred to Com. on JUD.
01/05/2026
Assembly
From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.
04/21/2025
Assembly
In committee: Set, second hearing. Hearing canceled at the request of author.
04/02/2025
Assembly
In committee: Set, first hearing. Hearing canceled at the request of author.
03/25/2025
Assembly
Re-referred to Com. on JUD.
03/24/2025
Assembly
From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.
03/24/2025
Assembly
Referred to Coms. on JUD. and B. & P.
02/24/2025
Assembly
Read first time.
02/22/2025
Assembly
From printer. May be heard in committee March 24.
02/21/2025
Assembly
Introduced. To print.
Sources
Record Created
Feb 22, 2025 5:53:44 AM
Record Updated
Jan 30, 2026 8:32:39 AM