California bills · 2025-2026 Regular Session
California AB 2409
Digital assets: meme coins.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Valencia (Democratic)
Summary
Official abstract published by the California legislature· summary
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.
Text versions
- 09/27/26 - Chaptered· Sep 27, 2026
- 08/30/26 - Enrolled· Aug 30, 2026
- 08/21/26 - Amended Senate· Aug 21, 2026
- 07/02/26 - Amended Senate· Jul 2, 2026
- 06/18/26 - Amended Senate· Jun 18, 2026
- 05/18/26 - Amended Assembly· May 18, 2026
- 04/16/26 - Amended Assembly· Apr 16, 2026
- 04/08/26 - Amended Assembly· Apr 8, 2026
- 02/20/26 - Introduced· Feb 20, 2026
- AB2409
Roll-call votes
State vote data last updated Oct 16, 2026, 12:24 AM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Aug 26, 2026 Senate | 3rd Reading AB2409 Valencia By McNerney | pass | Set your home in California to see |
| Aug 26, 2026 House | AB 2409 Valencia Concurrence in Senate Amendments | pass | Set your home in California to see |
| Jun 30, 2026 Senate | Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] | pass | Set your home in California to see |
| May 28, 2026 House | AB 2409 Valencia Assembly Third Reading | pass | Set your home in California to see |
| May 14, 2026 House | Do pass as amended. | pass | Set your home in California to see |
| Apr 20, 2026 House | Do pass and be re-referred to the Committee on [Appropriations] | pass | Set your home in California to see |
| Apr 14, 2026 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
- Sep 27, 2026 · Legislature
Chaptered by Secretary of State - Chapter 473, Statutes of 2026. - Sep 27, 2026 · Legislature
Approved by the Governor. - Sep 3, 2026 · Legislature
Enrolled and presented to the Governor at 4 p.m. - Aug 26, 2026 · House
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 6645.). - Aug 26, 2026 · House
In Assembly. Concurrence in Senate amendments pending. - Aug 26, 2026 · Senate
Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0.). - Aug 24, 2026 · Senate
Read second time. Ordered to third reading. - Aug 21, 2026 · Senate
Read third time and amended. Ordered to second reading. - Aug 4, 2026 · Senate
Read second time. Ordered to third reading. - Aug 3, 2026 · Senate
From committee: Be ordered to second reading pursuant to Senate Rule 28.8. - Jul 2, 2026 · Senate
Read second time and amended. Re-referred to Com. on APPR. - Jul 1, 2026 · Senate
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 13. Noes 0.) (June 30). - Jun 18, 2026 · Senate
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD. - Jun 10, 2026 · Senate
Referred to Com. on JUD. - May 28, 2026 · Senate
In Senate. Read first time. To Com. on RLS. for assignment. - May 27, 2026 · House
Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0.) - May 19, 2026 · House
Read second time. Ordered to third reading. - May 18, 2026 · House
Read second time and amended. Ordered returned to second reading. - May 14, 2026 · House
From committee: Amend, and do pass as amended. (Ayes 11. Noes 0.) (May 14). - May 6, 2026 · House
In committee: Set, first hearing. Referred to APPR. suspense file. - Apr 21, 2026 · House
From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (April 20). Re-referred to Com. on APPR. - Apr 20, 2026 · House
Re-referred to Com. on B. & F. - Apr 16, 2026 · House
Read second time and amended. - Apr 15, 2026 · House
From committee: Amend, and do pass as amended and re-refer to Com. on B. & F. (Ayes 12. Noes 0.) (April 14). - Apr 9, 2026 · House
Re-referred to Com. on JUD. - Apr 8, 2026 · House
From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended. - Mar 26, 2026 · House
Re-referred to Coms. on JUD. and B. & F. pursuant to Assembly Rule 96. - Mar 9, 2026 · House
Referred to Coms. on B. & F. and JUD. - Feb 21, 2026 · House
From printer. May be heard in committee March 23. - Feb 20, 2026 · House
Read first time. To print.