Bill Commons

CA AB 2409

enrolled

Digital assets: meme coins.

California · 2025-2026 Regular Session · lower

Quick answers

Did CA AB 2409 pass?

Not yet law. CA AB 2409 has passed both chambers and is enrolled, awaiting executive action (signature or veto) as of 2026-08-26. Latest recorded action (2026-09-03): Enrolled and presented to the Governor at 4 p.m.

What is CA AB 2409 about?

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.

Who sponsors CA AB 2409?

Valencia is the primary sponsor of CA AB 2409.

Description

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.

Introduced
2026-04-08
Latest action
2026-09-03 — Enrolled and presented to the Governor at 4 p.m.
Bill type
bill
Last updated
—

Subjects

Sponsors

  • Valenciaauthor

Committees

Not provided by source.

Action timeline

  1. 2026-02-20

    Read first time. To print.

    reading-1

  2. 2026-02-21

    From printer. May be heard in committee March 23.

  3. 2026-03-09

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

    referral-committee

  4. 2026-03-26

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

    referral-committee

  5. 2026-04-08

    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. 2026-04-09

    Re-referred to Com. on JUD.

    referral-committee

  7. 2026-04-15

    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

  8. 2026-04-16

    Read second time and amended.

    amendment-passage,reading-1,reading-2

  9. 2026-04-20

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

    referral-committee

  10. 2026-04-21

    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

  11. 2026-05-06

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

    referral-committee

  12. 2026-05-14

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

    amendment-introduction,amendment-passage,committee-passage

  13. 2026-05-18

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

    amendment-passage,reading-1,reading-2

  14. 2026-05-19

    Read second time. Ordered to third reading.

    reading-1,reading-2,reading-3

  15. 2026-05-27

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

    passage,reading-1,reading-3

  16. 2026-05-28

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

    reading-1,referral-committee

  17. 2026-06-10

    Referred to Com. on JUD.

    referral-committee

  18. 2026-06-18

    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

  19. 2026-07-01

    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

  20. 2026-07-02

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

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

  21. 2026-08-03

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

    committee-passage,reading-1,reading-2

  22. 2026-08-04

    Read second time. Ordered to third reading.

    reading-1,reading-2,reading-3

  23. 2026-08-21

    Read third time and amended. Ordered to second reading.

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

  24. 2026-08-24

    Read second time. Ordered to third reading.

  25. 2026-08-26

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

  26. 2026-08-26

    In Assembly. Concurrence in Senate amendments pending.

  27. 2026-08-26

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

  28. 2026-09-03

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

    executive-receipt

Versions

  • 02/20/26 - Introduced — 2026-02-20Compare
  • 04/08/26 - Amended Assembly — 2026-04-08Compare
  • 04/16/26 - Amended Assembly — 2026-04-16Compare
  • 05/18/26 - Amended Assembly — 2026-05-18Compare
  • 06/18/26 - Amended Senate — 2026-06-18Compare
  • 07/02/26 - Amended Senate — 2026-07-02Compare
  • 08/21/26 - Amended Senate — 2026-08-21Compare
  • 08/30/26 - Enrolled — 2026-08-30Compare
  • AB2409Compare
  • (document, no version)Compare

Documents

Votes

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

    2026-04-14 · pass · 12-0

    Member-level votes (12)
    • Zbur: yes
    • Macedo: yes
    • Bryan: yes
    • Pacheco: yes
    • Harabedian: yes
    • Connolly: yes
    • Dixon: yes
    • Papan: yes
    • Stefani: yes
    • Bauer-Kahan: yes
    • Kalra: yes
    • Sanchez: yes

  • Do pass and be re-referred to the Committee on [Appropriations]

    2026-04-20 · pass · 9-0

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

  • Do pass as amended.

    2026-05-14 · pass · 11-0

    Member-level votes (15)
    • Krell: yes
    • Sharp-Collins: yes
    • Wicks: yes
    • Pacheco: yes
    • Caloza: yes
    • Fong: yes
    • Calderon: yes
    • Solache: yes
    • Pellerin: yes
    • Aguiar-Curry: yes
    • Mark González: yes
    • Tangipa: other
    • Ta: other
    • Dixon: other
    • Hoover: other

  • AB 2409 Valencia Assembly Third Reading

    2026-05-28 · pass · 77-0

    Member-level votes (80)
    • Davies: yes
    • Schiavo: yes
    • Aguiar-Curry: yes
    • Patterson: yes
    • Ramos: yes
    • Addis: yes
    • Elhawary: yes
    • Rogers: yes
    • Lee: yes
    • Bonta: yes
    • Gabriel: yes
    • Caloza: yes
    • Blanca Rubio: yes
    • Sanchez: yes
    • Patel: yes
    • Mark González: yes
    • Solache: yes
    • Stefani: yes
    • Ávila Farías: yes
    • Papan: yes
    • Fong: yes
    • Sharp-Collins: yes
    • Bains: yes
    • Chen: yes
    • Soria: yes
    • Harabedian: yes
    • Wicks: yes
    • Hoover: yes
    • Bauer-Kahan: yes
    • Lackey: yes
    • Lowenthal: yes
    • Dixon: yes
    • Wallis: yes
    • Ortega: yes
    • Schultz: yes
    • Pacheco: yes
    • Muratsuchi: yes
    • Bennett: yes
    • Rivas: yes
    • Michelle Rodriguez: yes
    • Calderon: yes
    • Hart: yes
    • Ward: yes
    • McKinnor: yes
    • Zbur: yes
    • Petrie-Norris: yes
    • Carrillo: yes
    • Valencia: yes
    • Wilson: yes
    • Bryan: yes
    • Hadwick: yes
    • Alanis: yes
    • Gipson: yes
    • Nguyen: yes
    • DeMaio: yes
    • Castillo: yes
    • Garcia: yes
    • Kalra: yes
    • Ransom: yes
    • Macedo: yes
    • Connolly: yes
    • Ta: yes
    • Johnson: yes
    • Boerner: yes
    • Alvarez: yes
    • Flora: yes
    • Jeff Gonzalez: yes
    • Jackson: yes
    • Ellis: yes
    • Pellerin: yes
    • Berman: yes
    • Ahrens: yes
    • Haney: yes
    • Arambula: yes
    • Quirk-Silva: yes
    • Krell: yes
    • Irwin: yes
    • Celeste Rodriguez: other
    • Tangipa: other
    • Gallagher: other

  • Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations]

    2026-06-30 · pass · 13-0

    Member-level votes (13)
    • Wahab: yes
    • Niello: yes
    • Umberg: yes
    • Laird: yes
    • Stern: yes
    • Ashby: yes
    • Allen: yes
    • Valladares: yes
    • Weber Pierson: yes
    • Wiener: yes
    • Caballero: yes
    • Reyes: yes
    • Durazo: yes

Related bills

No related bills recorded for this bill.

Official source

http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB2409

Attribution

Data from openstates_api_sync, retrieved 2026-09-05T05:36:07.858389Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

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