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California 20252026

AB 2409

Digital assets: meme coins.

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
Digitalassets, memecoins
Introduced / first action
2026-02-20 00:00:00

Alternate titles

  • Public officers: meme coins.

Source-supplied abstracts

Existing law prohibits a state officer or employee from engaging in any employment, activity, or enterprise that is clearly inconsistent, incompatible, in conflict with, or inimical to their duties. Existing law also prohibits specified local agency officers or employees from engaging in any employment, activity, or enterprise for compensation that is inconsistent, incompatible, or in conflict with, or inimical to, their duties, as specified. This bill would prohibit a public officer or public employee, as those terms are defined, from issuing a meme coin. The bill would prohibit a digital asset service provider, as defined, from listing for sale on behalf of, or for purchase by, a California resident a meme coin issued on or after January 1, 2027, that is offered by, or in partnership with, a federal public official or a state or local public officer. This bill would authorize the Attorney General, a district attorney, city attorney, or county counsel to enforce these prohibitions by filing a civil action, as specified.

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 third time and amended. Ordered to second reading.

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

  7. Read second time. Ordered to third reading.

    reading-1, reading-2, reading-3

  8. From committee: Be ordered to second reading pursuant to Senate Rule 28.8.

    committee-passage, reading-1, reading-2

  9. Read second time and amended. Re-referred to Com. on APPR.

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

  10. From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 13. Noes 0.) (June 30).

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

  11. From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD.

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

  12. Referred to Com. on JUD.

    referral-committee

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

    reading-1, referral-committee

  14. Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0.)

    passage, reading-1, reading-3

  15. Read second time. Ordered to third reading.

    reading-1, reading-2, reading-3

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

    amendment-passage, reading-1, reading-2

  17. From committee: Amend, and do pass as amended. (Ayes 11. Noes 0.) (May 14).

    amendment-introduction, amendment-passage, committee-passage

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

    referral-committee

  19. From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (April 20). Re-referred to Com. on APPR.

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

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

    referral-committee

  21. Read second time and amended.

    amendment-passage, reading-1, reading-2

  22. From committee: Amend, and do pass as amended and re-refer to Com. on B. & F. (Ayes 12. Noes 0.) (April 14).

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

  23. Re-referred to Com. on JUD.

    referral-committee

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

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

  25. Re-referred to Coms. on JUD. and B. & F. pursuant to Assembly Rule 96.

    referral-committee

  26. Referred to Coms. on B. & F. and JUD.

    referral-committee

  27. From printer. May be heard in committee March 23.

  28. Read first time. To print.

    reading-1

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Related measures

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