Statements of financial interest: digital financial assets.
The Political Reform Act of 1974 requires public officials to periodically file a statement of economic interest disclosing the person's investments, interests in real property, and income. The act defines "investment" to mean any financial interest in or security issued by a business entity, including, among other things, stocks and any partnership or other ownership interest owned by the public official or that person's immediate family, as specified. The act specifies that an asset is an investment only if its fair market value equals or exceeds $2,000. The act requires each public agency to adopt a conflict of interest code for designated employees of the agency.
California AB 1029 (20252026) — Statements of financial interest: digital financial assets.
The Political Reform Act of 1974 requires public officials to periodically file a statement of economic interest disclosing the person's investments, interests in real property, and income. The act defines "investment" to mean any financial interest in or security issued by a business entity, including, among other things, stocks and any partnership or other ownership interest owned by the public official or that person's immediate family, as specified. The act specifies that an asset is an investment only if its fair market value equals or exceeds $2,000. The act requires each public agency to adopt a conflict of interest code for designated employees of the agency.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
The legislative action history — every referral, reading, and vote.
2025-02-20 Read first time. To print. reading-1
2025-02-21 From printer. May be heard in committee March 23.
2025-03-10 Referred to Com. on ELECTIONS. referral-committee
2025-03-20 From committee chair, with author's amendments: Amend, and re-refer to Com. on ELECTIONS. Read second time and amended. amendment-introduction, amendment-passage, reading-1, reading-2
2025-03-24 Re-referred to Com. on ELECTIONS. referral-committee
2025-04-09 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (April 9). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2025-04-30 From committee: Do pass. To Consent Calendar. (Ayes 14. Noes 0.) (April 30). committee-passage, committee-passage-favorable
2025-05-01 Read second time. Ordered to Consent Calendar. reading-1, reading-2
2025-05-08 Read third time. Passed. Ordered to the Senate. (Ayes 69. Noes 0. Page 1487.) passage, reading-1, reading-3
2025-05-08 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2025-05-21 Referred to Com. on E. & C.A. referral-committee
2025-06-09 In committee: Hearing postponed by committee.
2025-07-01 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 5. Noes 0.) (July 1). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2025-07-14 From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar. committee-passage, reading-2
2025-07-15 Read second time. Ordered to Consent Calendar. reading-1, reading-2
2025-07-17 Read third time. Passed. Ordered to the Assembly. (Ayes 35. Noes 0. Page 2137.). passage, reading-1, reading-3
2025-07-17 In Assembly. Ordered to Engrossing and Enrolling. committee-passage
2025-07-25 Enrolled and presented to the Governor at 11:30 a.m.
2025-07-30 Approved by the Governor. executive-signature
2025-07-30 Chaptered by Secretary of State - Chapter 85, Statutes of 2025. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/fc50e7e5-7653-46aa-96f8-934c335d243a. Confidence: reported (aggregated from official California legislature records).