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California 20252026

AB 1180

Department of Financial Protection and Innovation: state payments.

Open original source Back to bills
Source: Open States / PluralUpdated 2026-09-12 13:12:55 UTC.

Official record

Measure details

Jurisdiction
California
Session
20252026
Chamber
lower
Classification
bill
Subjects
DepartmentofFinancialProtectionandInnovation, statepayments
Introduced / first action
2025-02-21 00:00:00

Alternate titles

  • Transportation network companies: personal vehicles.
  • Public utilities: rates.

Source-supplied abstracts

The Digital Financial Assets Law (DFAL) generally regulates digital financial asset business activity, including by prohibiting a covered person from taking certain actions with digital financial assets if that asset is a stablecoin, as defined and prescribed. The DFAL requires, among other charges, an applicant for a license to include a nonrefundable fee with an application, as specified. This bill would authorize the Department of Financial Protection and Innovation to adopt regulations to allow specified payments required under the DFAL to be made with stablecoins, as specified. This bill would become operative on July 1, 2027, and sunset its provisions on January 1, 2032.

Sponsors

Source-supplied history

Actions

  1. Enrolled and presented to the Governor at 4 p.m.

    executive-receipt

  2. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0.).

    amendment-passage, committee-passage, committee-passage-favorable

  3. In Assembly. Concurrence in Senate amendments pending.

  4. Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0.).

    passage, reading-1, reading-3

  5. Read second time. Ordered to third reading.

    reading-1, reading-2, reading-3

  6. Read second time and amended. Ordered returned to second reading.

    amendment-passage, reading-1, reading-2

  7. From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (August 13).

    amendment-introduction, amendment-passage, committee-passage

  8. In committee: Held under submission.

  9. In committee: Referred to suspense file.

    referral-committee

  10. From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 13. Noes 0.) (July 15). Re-referred to Com. on APPR.

    committee-passage, committee-passage-favorable, referral-committee

  11. Read second time and amended. Re-referred to Com. on JUD.

    amendment-passage, reading-1, reading-2, referral-committee

  12. From committee: Amend, and do pass as amended and re-refer to Com. on JUD. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (July 2).

    amendment-introduction, amendment-passage, committee-passage, referral-committee

  13. Referred to Coms. on B. & F.I. and JUD.

    referral-committee

  14. In Senate. Read first time. To Com. on RLS. for assignment.

    reading-1, referral-committee

  15. Read third time. Passed. Ordered to the Senate. (Ayes 78. Noes 0. Page 1881.)

    passage, reading-1, reading-3

  16. Read second time. Ordered to third reading.

    reading-1, reading-2, reading-3

  17. From committee: Do pass. (Ayes 14. Noes 0.) (May 23).

    committee-passage, committee-passage-favorable

  18. In committee: Set, first hearing. Referred to APPR. suspense file.

    referral-committee

  19. Re-referred to Com. on APPR.

    referral-committee

  20. Read second time and amended.

    amendment-passage, reading-1, reading-2

  21. From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (April 21).

    amendment-introduction, amendment-passage, committee-passage, referral-committee

  22. Re-referred to Com. on B. & F.

    referral-committee

  23. From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.

    amendment-introduction, amendment-passage, committee-passage, reading-1, reading-2, referral-committee

  24. Re-referred to Com. on B. & F. pursuant to Assembly Rule 96.

    referral-committee

  25. Re-referred to Com. on C. & C.

    referral-committee

  26. From committee chair, with author's amendments: Amend, and re-refer to Com. on C. & C. Read second time and amended.

    amendment-introduction, amendment-passage, committee-passage, reading-1, reading-2, referral-committee

  27. Re-referred to Com. on C. & C.

    referral-committee

  28. From committee chair, with author's amendments: Amend, and re-refer to Com. on C. & C. Read second time and amended.

    amendment-introduction, amendment-passage, committee-passage, reading-1, reading-2, referral-committee

  29. Referred to Com. on C. & C.

    referral-committee

  30. Read first time.

    reading-1

  31. From printer. May be heard in committee March 24.

  32. Introduced. To print.

    introduction

Documents and versions

Official links

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Related measures

No resolvable related measure is supplied.