The California legislature has passed housing bill SB 423 and it awaits action from Governor Gavin Newsom, who has until Saturday, October 14 to sign the bill, veto the bill, or alllow the bill to pass without signature. This market closes YES if Newsom approves or vetoes SB 423 by the end of the day on Wednesday, October 11 (meaning that it becomes public knowledge).
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SB 423 was signed into law today. https://www.gov.ca.gov/2023/10/11/governor-newsom-signs-package-to-streamline-housing-and-expand-tenant-protections-in-california/
@MingweiSamuel I guess the positions mean my whole YES position got canclled out? My internet sucks here
@MingweiSamuel they do cancel out. There should be a sell button next to your position
https://www.gov.ca.gov/2023/10/10/governor-newsom-signs-legislation-10-10-23/
87 bills signed
0 bills vetoed
https://www.gov.ca.gov/2023/10/07/governor-newsom-issues-legislative-update-10-7-23/
105 bills signed
43 bills vetoed
(148 acted)
https://www.gov.ca.gov/2023/10/08/governor-newsom-issues-legislative-update-10-8-23/
93 bills signed
37 bills vetoed
(130 acted)
https://www.gov.ca.gov/2023/10/08/governor-newsom-issues-legislative-update-10-8-23-2/
125 bills signed
62 bills vetoed
(187 acted)
Total: 465 acted
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According to https://legiscan.com/CA/legislation?status=enrolled&type=bill
Total:
498 bills signed
154 bills vetoed
(652 acted)
399 bills left to act on
Since 2023-10-07 inclusive:
181 bills signed
143 bills vetoed
(324 acted)
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So with some fuzzy math, there are 141 bills acted on not yet on legiscan, leaving 399-141 = 258 bills left to act on.
If Newsom acts on 155 bills on Wednesday, if we assume random distribution, that gives a 155/258 = 60% chance of him acting on any specific bill.
