Bill Commons

CA AB 2409

enacted

Digital assets: meme coins.

California · 2025-2026 Regular Session · lower

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Quick answers

Did CA AB 2409 pass?

Yes. CA AB 2409 has been enacted into law. Latest recorded action (2026-09-27): Chaptered by Secretary of State - Chapter 473, Statutes of 2026.

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
2026-09-27 — Chaptered by Secretary of State - Chapter 473, Statutes of 2026.
Bill type
bill
Last updated
—

Subjects

Sponsors

  • Valenciaauthor

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-09-27

    Chaptered by Secretary of State - Chapter 473, Statutes of 2026.

    became-law

  2. 2026-09-27

    Approved by the Governor.

    executive-signature

  3. 2026-09-03

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

    executive-receipt

  4. 2026-08-26

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

  5. 2026-08-26

    In Assembly. Concurrence in Senate amendments pending.

  6. 2026-08-26

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

  7. 2026-08-26

    Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 6645.).

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

  8. 2026-08-24

    Read second time. Ordered to third reading.

  9. 2026-08-21

    Read third time and amended. Ordered to second reading.

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

  10. 2026-08-04

    Read second time. Ordered to third reading.

    reading-1,reading-2,reading-3

  11. 2026-08-03

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

    committee-passage,reading-1,reading-2

  12. 2026-07-02

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

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

  13. 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

  14. 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

  15. 2026-06-10

    Referred to Com. on JUD.

    referral-committee

  16. 2026-05-28

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

    reading-1,referral-committee

  17. 2026-05-27

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

    passage,reading-1,reading-3

  18. 2026-05-27

    Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 5483.)

    passage,reading-1,reading-3

  19. 2026-05-19

    Read second time. Ordered to third reading.

    reading-1,reading-2,reading-3

  20. 2026-05-18

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

    amendment-passage,reading-1,reading-2

  21. 2026-05-14

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

    amendment-introduction,amendment-passage,committee-passage

  22. 2026-05-06

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

    referral-committee

  23. 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

  24. 2026-04-20

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

    referral-committee

  25. 2026-04-16

    Read second time and amended.

    amendment-passage,reading-1,reading-2

  26. 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

  27. 2026-04-09

    Re-referred to Com. on JUD.

    referral-committee

  28. 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

  29. 2026-03-26

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

    referral-committee

  30. 2026-03-09

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

    referral-committee

  31. 2026-02-21

    From printer. May be heard in committee March 23.

  32. 2026-02-20

    Read first time. To print.

    reading-1

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
  • 09/27/26 - Chaptered — 2026-09-27Compare
  • 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 2026-09-30T03:29:16.539363Z

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