Bill Commons

CA AB 83

dead

The California Elder Financial Abuse Prevention Act.

California · 2025-2026 Regular Session · lower

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Quick answers

Did CA AB 83 pass?

No. CA AB 83 did not pass — it was defeated or died in the legislative process. Latest recorded action (2026-02-02): From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

What is CA AB 83 about?

Existing law establishes in the Business, Consumer Services, and Housing Agency a Department of Financial Protection and Innovation under the direction of the Commissioner of Financial Protection and Innovation. Under existing law, the department has charge of the execution of specified laws relating to various financial institutions and financial products and services. This bill would enact the California Elder Financial Abuse Prevention Act, which would authorize a depository institution, as defined, to take specified actions when, based on their own observations or information received from a governmental or law enforcement agency, the institution believes that an eligible adult, as defined, is the victim or target of financial abuse, including delaying or refusing a transaction involving the eligible adult and preventing the transfer of funds from the eligible adult's account. The bill would authorize a depository institution to notify an associated third party, as defined, if the depository institution believes an eligible adult may be the victim of financial abuse, and would exempt that disclosure from state privacy laws or requirements.

Who sponsors CA AB 83?

Pacheco is the primary sponsor of CA AB 83, joined by 7 cosponsors.

Description

Existing law establishes in the Business, Consumer Services, and Housing Agency a Department of Financial Protection and Innovation under the direction of the Commissioner of Financial Protection and Innovation. Under existing law, the department has charge of the execution of specified laws relating to various financial institutions and financial products and services. This bill would enact the California Elder Financial Abuse Prevention Act, which would authorize a depository institution, as defined, to take specified actions when, based on their own observations or information received from a governmental or law enforcement agency, the institution believes that an eligible adult, as defined, is the victim or target of financial abuse, including delaying or refusing a transaction involving the eligible adult and preventing the transfer of funds from the eligible adult's account. The bill would authorize a depository institution to notify an associated third party, as defined, if the depository institution believes an eligible adult may be the victim of financial abuse, and would exempt that disclosure from state privacy laws or requirements.

Introduced
2024-12-20
Latest action
2026-02-02 — From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
Bill type
bill
Last updated
—

Subjects

Sponsors

  • Pachecoauthor
  • Ahrensprincipal coauthor
  • Alvarezcoauthor
  • Hadwickcoauthor
  • McKinnorcoauthor
  • Nguyencoauthor
  • Aguiar-Currycoauthor
  • Michelle Rodriguezcoauthor

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-02-02

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

    committee-passage,failure

  2. 2026-01-31

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

    failure

  3. 2025-05-05

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

    referral-committee

  4. 2025-05-01

    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

  5. 2025-03-25

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

    referral-committee

  6. 2025-03-25

    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

  7. 2025-03-24

    Referred to Com. on B.&F.

    referral-committee

  8. 2025-03-24

    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

  9. 2025-01-06

    Read first time.

    reading-1

  10. 2024-12-21

    From printer. May be heard in committee January 20.

  11. 2024-12-20

    Introduced. To print.

    introduction

Versions

  • 12/20/24 - Introduced — 2024-12-20Compare
  • 03/24/25 - Amended Assembly — 2025-03-24Compare
  • 05/01/25 - Amended Assembly — 2025-05-01Compare
  • AB83Compare

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB83

Attribution

Data from openstates_api_sync, retrieved 2026-10-09T20:30:39.748932Z

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