California bills · 2025-2026 Regular Session
California AB 2425
Department of Financial Protection and Innovation: budget reports.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Chen (Republican)
Summary
Official abstract published by the California legislature· summary
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.
Text versions
- 08/27/26 - Chaptered· Aug 27, 2026
- 08/12/26 - Enrolled· Aug 12, 2026
- 04/16/26 - Amended Assembly· Apr 16, 2026
- 02/20/26 - Introduced· Feb 20, 2026
- AB2425
Roll-call votes
State vote data last updated Oct 16, 2026, 4:04 AM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Aug 10, 2026 Senate | Consent Calendar 2nd | pass | Set your home in California to see |
| Jun 17, 2026 Senate | Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar | pass | Set your home in California to see |
| May 27, 2026 House | AB 2425 Chen Assembly Third Reading | pass | Set your home in California to see |
| May 14, 2026 House | Do pass. | pass | Set your home in California to see |
| Apr 23, 2026 House | Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar | pass | Set your home in California to see |
Actions
- Aug 27, 2026 · Legislature
Chaptered by Secretary of State - Chapter 141, Statutes of 2026. - Aug 27, 2026 · Legislature
Approved by the Governor. - Aug 18, 2026 · Legislature
Enrolled and presented to the Governor at 3:30 p.m. - Aug 11, 2026 · House
In Assembly. Ordered to Engrossing and Enrolling. - Aug 10, 2026 · Senate
Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 5324.). - Aug 4, 2026 · Senate
Read second time. Ordered to Consent Calendar. - Aug 3, 2026 · Senate
From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar. - Jun 18, 2026 · Senate
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. - Jun 10, 2026 · Senate
Referred to Com. on B. & F.I. - 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 18, 2026 · House
Read second time. Ordered to third reading. - May 14, 2026 · House
From committee: Do pass. (Ayes 15. Noes 0.) (May 14). - May 6, 2026 · House
In committee: Set, first hearing. Referred to APPR. suspense file. - Apr 23, 2026 · House
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. - Apr 20, 2026 · House
Re-referred to Com. on B. & F. - Apr 16, 2026 · House
From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. - Mar 9, 2026 · House
Referred to Com. on B. & F. - Feb 21, 2026 · House
From printer. May be heard in committee March 23. - Feb 20, 2026 · House
Read first time. To print.