California bills · 2025-2026 Regular Session
California AB 1065
Credit card transaction fees: tax payments: Consumer Inflation Reduction and Tax Fairness Act.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Ortega (Democratic)
Cosponsors (4)
Summary
Official abstract published by the California legislature· summary
Existing law, the Financial Code, provides for the licensure and regulation of various types of financial institutions and transactions. Existing law, the Song-Beverly Credit Card Act of 1971, regulates the issuance, use, and processing of credit cards and credit card transactions.
This bill would enact the Consumer Inflation Reduction and Tax Fairness Act, within the Financial Code, to require that the calculation of interchange fees charged by an issuer, a payment card network, an acquirer bank, or a processor not take into account certain state and local taxes and fees, as specified. The bill would define various terms for these purposes. The bill would prohibit a payment card network, an acquirer bank, or a processor from altering the computation of interchange fees, either by increasing the rate or the amount of fees applicable, to circumvent the effects of the act.
Existing law, the Unfair Competition Law, makes various practices unlawful and provides that a person who engages, has engaged, or proposes to engage in unfair competition is liable for a civil penalty, as specified.
This bill would provide a violation of its provisions is enforceable pursuant to the Unfair Competition Law, as provided.
Text versions
- 04/21/25 - Amended Assembly· Apr 21, 2025
- 04/09/25 - Amended Assembly· Apr 9, 2025
- 04/02/25 - Amended Assembly· Apr 2, 2025
- 02/20/25 - Introduced· Feb 20, 2025
- AB1065
Roll-call votes
State vote data last updated Oct 15, 2026, 4:19 PM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Apr 21, 2025 House | Do pass. | fail | Set your home in California to see |
| Apr 21, 2025 House | Reconsideration. | pass | Set your home in California to see |
| Apr 8, 2025 House | Do pass as amended and be re-referred to the Committee on [Banking and Finance] | pass | Set your home in California to see |
Actions
- Feb 2, 2026 · House
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. - Jan 31, 2026 · House
Died pursuant to Art. IV, Sec. 10(c) of the Constitution. - Apr 22, 2025 · House
Re-referred to Com. on B. & F. - Apr 21, 2025 · House
From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. - Apr 21, 2025 · House
In committee: Set, first hearing. Failed passage. Reconsideration granted. - Apr 10, 2025 · House
Re-referred to Com. on B. & F. - Apr 9, 2025 · House
Read second time and amended. - Apr 8, 2025 · House
From committee: Amend, and do pass as amended and re-refer to Com. on B. & F. (Ayes 7. Noes 3.) (April 8). - Apr 3, 2025 · House
Re-referred to Com. on JUD. - Apr 2, 2025 · House
From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended. - Mar 13, 2025 · House
Re-referred to Coms. on JUD. and B.&F. pursuant to Assembly Rule 96. - Mar 10, 2025 · House
Referred to Coms. on B.&F. and JUD. - Feb 21, 2025 · House
From printer. May be heard in committee March 23. - Feb 20, 2025 · House
Read first time. To print.