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California 20252026

AB 2028

Deferred deposit transactions: assessments.

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Source: Open States / PluralLatest available (refresh delayed). Last refreshed: 2026-10-19 09:12:31 UTC.

Official record

Measure details

Jurisdiction
California
Session
20252026
Chamber
lower
Classification
bill
Subjects
Deferreddeposittransactions, assessments
Introduced / first action
2026-02-17 00:00:00

Source-supplied abstracts

The California Deferred Deposit Transaction Law generally provides for the licensure and regulation by the Commissioner of Financial Protection and Innovation of a person who engages in the business of making deferred deposit transactions. The law requires each licensee to pay to the commissioner its pro rata share of all costs and expenses reasonably incurred in the administration of the law, as specified. This bill would require an invoice or assessment notice issued by the commissioner to a licensee pursuant to the provisions described above to include the pro rata amount calculation used to determine the amount due and payable by the licensee, as specified. This bill would incorporate additional changes to Section 23016 of the Financial Code proposed by AB 2795 to be operative only if this bill and AB 2795 are enacted and this bill is enacted last.

Sponsors

  • Chen (primary), author

Source-supplied history

Actions

  1. Chaptered by Secretary of State - Chapter 573, Statutes of 2026.

    became-law

  2. Approved by the Governor.

    executive-signature

  3. Enrolled and presented to the Governor at 3 p.m.

    executive-receipt

  4. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 6851.).

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

  5. In Assembly. Concurrence in Senate amendments pending.

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

    passage, reading-1, reading-3

  7. Read second time. Ordered to third reading.

    reading-1, reading-2, reading-3

  8. Read third time and amended. Ordered to second reading.

    amendment-passage, reading-1, reading-2, reading-3

  9. Ordered to third reading.

    reading-1, reading-3

  10. Action rescinded whereby the bill was read third time, passed, and to Assembly.

    passage, reading-1, reading-3

  11. In Senate. Held at Desk.

  12. Ordered to the Senate.

  13. Withdrawn from Engrossing and Enrolling.

  14. In Assembly. Ordered to Engrossing and Enrolling.

    committee-passage

  15. Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 5322.).

    passage, reading-1, reading-3

  16. Read second time. Ordered to Consent Calendar.

    reading-1, reading-2

  17. From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar.

    committee-passage, reading-1, reading-2

  18. From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (June 17). Re-referred to Com. on APPR.

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

  19. Referred to Com. on B. & F.I.

    referral-committee

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

    reading-1, referral-committee

  21. Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 5054.)

    passage, reading-1, reading-3

  22. Read second time. Ordered to Consent Calendar.

    reading-1, reading-2

  23. From committee: Do pass. To Consent Calendar. (Ayes 14. Noes 0.) (May 6).

    committee-passage, committee-passage-favorable

  24. From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 9. Noes 0.) (April 23). Re-referred to Com. on APPR.

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

  25. Referred to Com. on B. & F.

    referral-committee

  26. From printer. May be heard in committee March 20.

  27. Read first time. To print.

    reading-1

When supplied by the API

Related measures

No resolvable related measure is supplied.