Bill Commons

CA AB 1065

dead

Credit card transaction fees: tax payments: Consumer Inflation Reduction and Tax Fairness Act.

California · 2025-2026 Regular Session · lower

Description

Existing law, the Financial Code, provides for the licensure and regulation of various types of financial institutions and transactions. Existing law, the Song-Beverly Credit Card Act of 1971, regulates the issuance, use, and processing of credit cards and credit card transactions. This bill would enact the Consumer Inflation Reduction and Tax Fairness Act, within the Financial Code, to require that the calculation of interchange fees charged by an issuer, a payment card network, an acquirer bank, or a processor not take into account certain state and local taxes and fees, as specified. The bill would define various terms for these purposes. The bill would prohibit a payment card network, an acquirer bank, or a processor from altering the computation of interchange fees, either by increasing the rate or the amount of fees applicable, to circumvent the effects of the act. Existing law, the Unfair Competition Law, makes various practices unlawful and provides that a person who engages, has engaged, or proposes to engage in unfair competition is liable for a civil penalty, as specified. This bill would provide a violation of its provisions is enforceable pursuant to the Unfair Competition Law, as provided.

Introduced
2025-04-02
Status date
—
Latest action
2026-02-02 — From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
Bill type
bill
Last updated
—

Subjects

Sponsors

  • Ortegaauthor
  • Garciacoauthor
  • Jacksoncoauthor
  • Wardcoauthor
  • Cortesecoauthor

Committees

Not provided by source.

Action timeline

  1. 2025-02-20

    Read first time. To print.

    reading-1

  2. 2025-02-21

    From printer. May be heard in committee March 23.

  3. 2025-03-10

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

    referral-committee

  4. 2025-03-13

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

    referral-committee

  5. 2025-04-02

    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

  6. 2025-04-03

    Re-referred to Com. on JUD.

    referral-committee

  7. 2025-04-08

    From committee: Amend, and do pass as amended and re-refer to Com. on B. & F. (Ayes 7. Noes 3.) (April 8).

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

  8. 2025-04-09

    Read second time and amended.

    amendment-passage,reading-1,reading-2

  9. 2025-04-10

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

    referral-committee

  10. 2025-04-21

    In committee: Set, first hearing. Failed passage. Reconsideration granted.

    committee-passage-unfavorable

  11. 2025-04-21

    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

  12. 2025-04-22

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

    referral-committee

  13. 2026-01-31

    Died pursuant to Art. IV, Sec. 10(c) of the Constitution.

    failure

  14. 2026-02-02

    From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

    committee-passage,failure

Versions

  • 02/20/25 - Introduced — 2025-02-20Compare
  • 04/02/25 - Amended Assembly — 2025-04-02Compare
  • 04/09/25 - Amended Assembly — 2025-04-09Compare
  • 04/21/25 - Amended Assembly — 2025-04-21Compare
  • AB1065Compare
  • (document, no version)Compare

Documents

Votes

  • Do pass as amended and be re-referred to the Committee on [Banking and Finance]

    2025-04-08 · pass · 7-3

    Member-level votes (12)
    • Zbur: yes
    • Kalra: yes
    • Papan: yes
    • Bryan: yes
    • Harabedian: yes
    • Wicks: yes
    • Stefani: yes
    • Dixon: no
    • Tangipa: no
    • Sanchez: no
    • Pacheco: other
    • Connolly: other

  • Reconsideration.

    2025-04-21 · pass · 7-2

    Member-level votes (9)
    • Michelle Rodriguez: yes
    • Schiavo: yes
    • Fong: yes
    • Blanca Rubio: yes
    • Krell: yes
    • Soria: yes
    • Valencia: yes
    • Chen: no
    • Dixon: no

  • Do pass.

    2025-04-21 · fail · 0-6

    Member-level votes (9)
    • Chen: no
    • Michelle Rodriguez: no
    • Fong: no
    • Dixon: no
    • Blanca Rubio: no
    • Valencia: no
    • Schiavo: other
    • Krell: other
    • Soria: other

Related bills

No related bills recorded for this bill.

Official source

http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB1065

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T01:34:27.960412Z

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