Bill Commons

CA AB 1507

enacted

Financial institutions.

California · 2025-2026 Regular Session · lower

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Quick answers

Did CA AB 1507 pass?

Yes. CA AB 1507 has been enacted into law. Latest recorded action (2025-07-28): Chaptered by Secretary of State - Chapter 71, Statutes of 2025.

What is CA AB 1507 about?

(1) Existing law, the Money Transmission Act, generally regulates money transmission businesses. The act requires each licensee or agent to prominently post on the premises of each branch office that conducts money transmission a specified notice. This bill would change the contact information required to be provided in that notice. (2) Existing law, the California Deferred Deposit Transaction Law, generally regulates the offering, originating, and making of deferred deposit transactions. Existing law required a report regarding the implementation of that law to be submitted to the Governor and the Legislature on December 1, 2007, as specified. This bill would repeal that reporting provision.

Who sponsors CA AB 1507?

Committee on Banking and Finance is the primary sponsor of CA AB 1507.

Description

(1) Existing law, the Money Transmission Act, generally regulates money transmission businesses. The act requires each licensee or agent to prominently post on the premises of each branch office that conducts money transmission a specified notice. This bill would change the contact information required to be provided in that notice. (2) Existing law, the California Deferred Deposit Transaction Law, generally regulates the offering, originating, and making of deferred deposit transactions. Existing law required a report regarding the implementation of that law to be submitted to the Governor and the Legislature on December 1, 2007, as specified. This bill would repeal that reporting provision.

Introduced
—
Latest action
2025-07-28 — Chaptered by Secretary of State - Chapter 71, Statutes of 2025.
Bill type
bill
Last updated
—

Subjects

Sponsors

  • Committee on Banking and Financeauthor

Committees

Not provided by source.

Action timeline

Newest first

  1. 2025-07-28

    Chaptered by Secretary of State - Chapter 71, Statutes of 2025.

    became-law

  2. 2025-07-28

    Approved by the Governor.

    executive-signature

  3. 2025-07-15

    Enrolled and presented to the Governor at 3:30 p.m.

    executive-receipt

  4. 2025-07-10

    In Assembly. Ordered to Engrossing and Enrolling.

    committee-passage

  5. 2025-07-10

    Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 2042.).

    passage,reading-1,reading-3

  6. 2025-07-07

    Read second time. Ordered to Consent Calendar.

    reading-1,reading-2

  7. 2025-07-03

    From committee: Do pass. To Consent Calendar. (Ayes 7. Noes 0.) (July 2).

    committee-passage,committee-passage-favorable

  8. 2025-06-13

    In committee: Hearing postponed by committee.

  9. 2025-05-21

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

    referral-committee

  10. 2025-05-13

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

    reading-1,referral-committee

  11. 2025-05-12

    Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1520.)

    passage,reading-1,reading-3

  12. 2025-05-07

    Read second time. Ordered to Consent Calendar.

    reading-1,reading-2

  13. 2025-05-06

    From committee: Do pass. To Consent Calendar. (Ayes 9. Noes 0.) (May 5).

    committee-passage,committee-passage-favorable

  14. 2025-03-13

    Referred to Com. on B.&F.

    referral-committee

  15. 2025-02-28

    From printer. May be heard in committee March 30.

  16. 2025-02-27

    Read first time. To print.

    reading-1

Versions

Documents

Votes

  • Do pass. To Consent Calendar.

    2025-05-05 · pass · 9-0

    Member-level votes (9)
    • Fong: yes
    • Valencia: yes
    • Soria: yes
    • Krell: yes
    • Michelle Rodriguez: yes
    • Chen: yes
    • Dixon: yes
    • Schiavo: yes
    • Blanca Rubio: yes

  • AB 1507 Banking and Finance Consent Calendar Second Day

    2025-05-12 · pass · 77-0

    Member-level votes (79)
    • Ellis: yes
    • Garcia: yes
    • Pacheco: yes
    • Wallis: yes
    • Macedo: yes
    • Jeff Gonzalez: yes
    • Petrie-Norris: yes
    • Harabedian: yes
    • Patterson: yes
    • Caloza: yes
    • Pellerin: yes
    • Quirk-Silva: yes
    • Hadwick: yes
    • Ransom: yes
    • Krell: yes
    • Zbur: yes
    • Elhawary: yes
    • Bains: yes
    • Jackson: yes
    • Ta: yes
    • Kalra: yes
    • Carrillo: yes
    • Lowenthal: yes
    • Gabriel: yes
    • Soria: yes
    • Chen: yes
    • Muratsuchi: yes
    • Papan: yes
    • Calderon: yes
    • Lee: yes
    • Ramos: yes
    • Wilson: yes
    • Fong: yes
    • Flora: yes
    • Schiavo: yes
    • McKinnor: yes
    • Patel: yes
    • Sanchez: yes
    • Boerner: yes
    • Gipson: yes
    • Lackey: yes
    • Hart: yes
    • Alanis: yes
    • Addis: yes
    • Arambula: yes
    • Bonta: yes
    • Alvarez: yes
    • Ahrens: yes
    • Aguiar-Curry: yes
    • Mark González: yes
    • Valencia: yes
    • Irwin: yes
    • Rivas: yes
    • Gallagher: yes
    • Rogers: yes
    • Haney: yes
    • Ávila Farías: yes
    • Bennett: yes
    • Ortega: yes
    • Connolly: yes
    • Bauer-Kahan: yes
    • Bryan: yes
    • DeMaio: yes
    • Schultz: yes
    • Michelle Rodriguez: yes
    • Sharp-Collins: yes
    • Ward: yes
    • Wicks: yes
    • Dixon: yes
    • Solache: yes
    • Tangipa: yes
    • Blanca Rubio: yes
    • Berman: yes
    • Hoover: yes
    • Celeste Rodriguez: yes
    • Davies: yes
    • Castillo: yes
    • Nguyen: other
    • Stefani: other

  • Do pass and be ordered to the Consent Calendar

    2025-07-02 · pass · 7-0

    Member-level votes (7)
    • Hurtado: yes
    • Niello: yes
    • Strickland: yes
    • Limón: yes
    • Richardson: yes
    • Grayson: yes
    • Cervantes: yes

  • Consent Calendar 2nd AB1507 B. & F.

    2025-07-10 · pass · 37-0

    Member-level votes (40)
    • Grayson: yes
    • Gonzalez: yes
    • Blakespear: yes
    • Becker: yes
    • Padilla: yes
    • Wiener: yes
    • Ashby: yes
    • Choi: yes
    • Stern: yes
    • Hurtado: yes
    • Cervantes: yes
    • Ochoa Bogh: yes
    • Niello: yes
    • Seyarto: yes
    • Jones: yes
    • Archuleta: yes
    • Smallwood-Cuevas: yes
    • Arreguín: yes
    • Strickland: yes
    • Laird: yes
    • Rubio: yes
    • Valladares: yes
    • Caballero: yes
    • Cortese: yes
    • Dahle: yes
    • McNerney: yes
    • Durazo: yes
    • Weber Pierson: yes
    • Grove: yes
    • McGuire: yes
    • Cabaldon: yes
    • Allen: yes
    • Wahab: yes
    • Menjivar: yes
    • Alvarado-Gil: yes
    • Limón: yes
    • Richardson: yes
    • Pérez: other
    • Reyes: other
    • Umberg: other

Related bills

No related bills recorded for this bill.

Official source

http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB1507

Attribution

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

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