California SenateOne California bill that would have created an infrastructure bank and another to bolster housing finance were among those placed on hold before the state legislature adjourned for the year. The state Senate and Assembly's appropriations committees parked hundreds of bills with new spending attached in a "suspense file" as the session neared its conclusion Sept. 13. Among them were Senate Bill 750 , introduced by Sen. Dave Cortese, D-San Jose, to create a financing tool to back loans and bonds for affordable housing projects using the state's credit. The California Housing Partnership estimates the state has a need for 1.3 million additional affordable housing units. SB 769 , the Golden State Infrastructure Corporation Act, introduced by Sen. Anna Caballero, D-Merced, would establish the Golden State Infrastructure Corp. within the State Treasurer's Office as a not-for-profit corporation and create a board of directors to oversee it.