CA AB 2425

enacted

Department of Financial Protection and Innovation: budget reports.

California · 2025-2026 Regular Session · lower

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Quick answers

Did CA AB 2425 pass?

Yes. CA AB 2425 has been enacted into law. Latest recorded action (2026-08-27): Chaptered by Secretary of State - Chapter 141, Statutes of 2026.

What is CA AB 2425 about?

Existing law provides for the licensure and regulation of various financial institutions by the Commissioner of Financial Protection and Innovation. Some of those laws require the commissioner to charge and collect specified fees and assessments. This bill would require the commissioner to, on or before March 1, 2027, and annually thereafter, report to the Joint Legislative Budget Committee, the Senate Banking and Financial Institutions Committee, and the Assembly Banking and Finance Committee the projected and actual revenues and expenditures, including the difference between revenues and expenditures, for the immediately preceding fiscal year for various laws enforced by the commissioner, as specified. This bill would require, for each of those laws that authorizes the Department of Financial Protection and Innovation to issue and collect assessments and charges on a pro rata basis to recover the actual costs of administering that law, the department to include in any report pursuant to the bill the method of determining those assessments and charges.

Who sponsors CA AB 2425?

Chen is the primary sponsor of CA AB 2425.

Description

Introduced: 2026-04-16
Latest action: 2026-08-27 — Chaptered by Secretary of State - Chapter 141, Statutes of 2026.
Bill type: bill
Last updated: —

Subjects

Committees

Not provided by source.

Action timeline

Newest first

2026-08-27
Chaptered by Secretary of State - Chapter 141, Statutes of 2026.
2026-08-27
Approved by the Governor.
2026-08-18
Enrolled and presented to the Governor at 3:30 p.m.
2026-08-11
In Assembly. Ordered to Engrossing and Enrolling.
2026-08-10
Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0.).
2026-08-10
Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 5324.).
passage,reading-1,reading-3
2026-08-04
Read second time. Ordered to Consent Calendar.
2026-08-03
From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar.
committee-passage,reading-1,reading-2
2026-06-18
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (June 17). Re-referred to Com. on APPR.
committee-passage,committee-passage-favorable,referral-committee
2026-06-10
Referred to Com. on B. & F.I.
referral-committee
2026-05-28
In Senate. Read first time. To Com. on RLS. for assignment.
reading-1,referral-committee
2026-05-27
Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0.)
passage,reading-1,reading-3
2026-05-27
Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 5464.)
passage,reading-1,reading-3
2026-05-18
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-05-14
From committee: Do pass. (Ayes 15. Noes 0.) (May 14).
committee-passage,committee-passage-favorable
2026-05-06
In committee: Set, first hearing. Referred to APPR. suspense file.
referral-committee
2026-04-23
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 9. Noes 0.) (April 23). Re-referred to Com. on APPR.
committee-passage,committee-passage-favorable,referral-committee
2026-04-20
Re-referred to Com. on B. & F.
referral-committee
2026-04-16
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
2026-03-09
Referred to Com. on B. & F.
referral-committee
2026-02-21
From printer. May be heard in committee March 23.
2026-02-20
Read first time. To print.
reading-1

Versions

02/20/26 - Introduced — 2026-02-20Compare
04/16/26 - Amended Assembly — 2026-04-16Compare
08/12/26 - Enrolled — 2026-08-12Compare
08/27/26 - Chaptered — 2026-08-27Compare
AB2425Compare
(document, no version)Compare

Documents

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Votes

Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar
2026-04-23 · pass · 9-0
Member-level votes (9)
- Schiavo: yes
- Harabedian: yes
- Krell: yes
- Blanca Rubio: yes
- Valencia: yes
- Chen: yes
- Dixon: yes
- Fong: yes
- Michelle Rodriguez: yes
Do pass.
2026-05-14 · pass · 15-0
Member-level votes (15)
- Dixon: yes
- Krell: yes
- Sharp-Collins: yes
- Tangipa: yes
- Wicks: yes
- Pacheco: yes
- Caloza: yes
- Ta: yes
- Fong: yes
- Calderon: yes
- Hoover: yes
- Pellerin: yes
- Solache: yes
- Aguiar-Curry: yes
- Mark González: yes
AB 2425 Chen Assembly Third Reading
2026-05-27 · pass · 77-0
Member-level votes (80)
- Davies: yes
- Schiavo: yes
- Aguiar-Curry: yes
- Patterson: yes
- Ramos: yes
- Addis: yes
- Elhawary: yes
- Rogers: yes
- Bonta: yes
- Gabriel: yes
- Caloza: yes
- Blanca Rubio: yes
- Sanchez: yes
- Patel: yes
- Mark González: yes
- Solache: yes
- Gallagher: yes
- Stefani: yes
- Ávila Farías: yes
- Papan: yes
- Fong: yes
- Sharp-Collins: yes
- Bains: yes
- Chen: yes
- Soria: yes
- Harabedian: yes
- Tangipa: yes
- Wicks: yes
- Hoover: yes
- Bauer-Kahan: yes
- Lackey: yes
- Lowenthal: yes
- Dixon: yes
- Wallis: 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
- Lee: other
- Ortega: other
Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar
2026-06-17 · pass · 7-0
Member-level votes (7)
- Cervantes: yes
- Strickland: yes
- Grayson: yes
- Reyes: yes
- Niello: yes
- Hurtado: yes
- Richardson: yes

Related bills

No related bills recorded for this bill.

Official source

http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB2425

Attribution

Data from openstates_api_sync, retrieved 2026-09-26T12:52:26.236191Z

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