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CaliforniaAB 15072025-2026 Regular SessionHouseWALLET

Financial institutions.

Sponsored By: Sponsor information unavailable

Signed by Governor

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 1 costs, 1 mixed.

Money transmitters must post complaint notice

Money transmitters and their agents must post a DFPI complaint notice at each branch that sends money. The notice must list 1-866-275-2677, consumer.services@dfpi.ca.gov, and DFPI Consumer Services, 651 Bannon Street, Suite 300, Sacramento, CA 95811. It must be in English and the main language the branch uses to advertise, solicit, or negotiate money transfers. Letters must be at least one-half inch high, and the notice must be in clear public view. Licensees must give the notice to each agent, and agents are responsible for posting at agent-run locations. The DFPI commissioner can change the notice content and approve an online version for websites and apps.

Deferred Deposit reporting rule removed

The law repeals California Financial Code Section 23057. This removes a reporting requirement tied to the Deferred Deposit Transaction Law.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 130 • No: 0

Senate vote • 7/10/2025

Item 156 — Senate SFLOOR

Yes: 37 • No: 0

legislature vote • 7/2/2025

Vote in CS69

Yes: 7 • No: 0

House vote • 5/12/2025

Item 118 — Assembly AFLOOR

Yes: 77 • No: 0

legislature vote • 5/5/2025

Vote in CX27

Yes: 9 • No: 0

Actions Timeline

  1. Chaptered by Secretary of State - Chapter 71, Statutes of 2025.

    7/28/2025Senate

  2. Approved by the Governor.

    7/28/2025legislature

  3. Enrolled and presented to the Governor at 3:30 p.m.

    7/15/2025legislature

  4. In Assembly. Ordered to Engrossing and Enrolling.

    7/10/2025House

  5. Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 2042.).

    7/10/2025Senate

  6. Read second time. Ordered to Consent Calendar.

    7/7/2025Senate

  7. From committee: Do pass. To Consent Calendar. (Ayes 7. Noes 0.) (July 2).

    7/3/2025Senate

  8. In committee: Hearing postponed by committee.

    6/13/2025Senate

  9. Referred to Com. on B. & F.I.

    5/21/2025Senate

  10. In Senate. Read first time. To Com. on RLS. for assignment.

    5/13/2025Senate

  11. Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1520.)

    5/12/2025House

  12. Read second time. Ordered to Consent Calendar.

    5/7/2025House

  13. From committee: Do pass. To Consent Calendar. (Ayes 9. Noes 0.) (May 5).

    5/6/2025House

  14. Referred to Com. on B.&F.

    3/13/2025House

  15. From printer. May be heard in committee March 30.

    2/28/2025House

  16. Read first time. To print.

    2/27/2025House

Bill Text

  • Chaptered

    7/28/2025

    HTML

  • Enrolled

    7/11/2025

    HTML

  • Introduced

    2/27/2025

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