Fabio
79 lines
4.2 KiB
Markdown
79 lines
4.2 KiB
Markdown
---
|
||
type: "Bill"
|
||
title: "Financial institutions."
|
||
description: "(1) Existing law, the Money Transmission Act, generally regulates money transmission businesses. The act requires each licensee or agent to prominently post on the premises of each branch office that conducts money transmission a specified notice."
|
||
jurisdiction: "us/states/ca"
|
||
legislature: "California Legislature"
|
||
session: "20252026"
|
||
identifier: "AB 1507"
|
||
citation: "California AB 1507 (20252026)"
|
||
classification: ["bill"]
|
||
subjects: ["Financialinstitutions"]
|
||
status: "enacted"
|
||
primary_sponsors: ["Committee on Banking and Finance"]
|
||
version_count: 4
|
||
action_count: 16
|
||
vote_count: 4
|
||
first_action: "2025-02-27"
|
||
last_action: "2025-07-28"
|
||
source: "openstates"
|
||
source_identifier: "ocd-bill/6c2d2b39-ebf3-4172-9f32-9c310c575381"
|
||
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB1507"
|
||
source_hash: "766d851f4642496fe8b0b30d8359e427f2bc846b3c5cae4c2dc576aa14ed20bb"
|
||
vintage: "2026-07-01"
|
||
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
|
||
retrieved_at: "2026-07-06"
|
||
confidence: "reported"
|
||
tags: ["legislation", "bill", "us-ca"]
|
||
---
|
||
|
||
# California AB 1507 (20252026) — Financial institutions.
|
||
|
||
(1) Existing law, the Money Transmission Act, generally regulates money transmission businesses. The act requires each licensee or agent to prominently post on the premises of each branch office that conducts money transmission a specified notice.
|
||
|
||
## Version chain
|
||
|
||
The bill's text revisions, in order — the diff chain from filing to enrollment.
|
||
|
||
1. **02/27/25 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260AB1507&version=20250AB150799INT)
|
||
2. **07/28/25 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260AB1507&version=20250AB150797CHP)
|
||
3. **AB1507** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB1507)
|
||
4. **07/11/25 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260AB1507&version=20250AB150798ENR)
|
||
|
||
## Votes
|
||
|
||
- Consent Calendar 2nd AB1507 B. & F. — **37–0** (pass) · upper
|
||
- AB 1507 Banking and Finance Consent Calendar Second Day — **77–0** (pass) · lower
|
||
- Do pass and be ordered to the Consent Calendar — **7–0** (pass) · upper
|
||
- Do pass. To Consent Calendar. — **9–0** (pass) · lower
|
||
|
||
## Sponsors
|
||
|
||
- Committee on Banking and Finance — primary (person)
|
||
|
||
## Timeline
|
||
|
||
The legislative action history — every referral, reading, and vote.
|
||
|
||
- **2025-02-27** Read first time. To print. `reading-1`
|
||
- **2025-02-28** From printer. May be heard in committee March 30.
|
||
- **2025-03-13** Referred to Com. on B.&F. `referral-committee`
|
||
- **2025-05-06** From committee: Do pass. To Consent Calendar. (Ayes 9. Noes 0.) (May 5). `committee-passage, committee-passage-favorable`
|
||
- **2025-05-07** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
|
||
- **2025-05-12** Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1520.) `passage, reading-1, reading-3`
|
||
- **2025-05-13** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
|
||
- **2025-05-21** Referred to Com. on B. & F.I. `referral-committee`
|
||
- **2025-06-13** In committee: Hearing postponed by committee.
|
||
- **2025-07-03** From committee: Do pass. To Consent Calendar. (Ayes 7. Noes 0.) (July 2). `committee-passage, committee-passage-favorable`
|
||
- **2025-07-07** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
|
||
- **2025-07-10** Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 2042.). `passage, reading-1, reading-3`
|
||
- **2025-07-10** In Assembly. Ordered to Engrossing and Enrolling. `committee-passage`
|
||
- **2025-07-15** Enrolled and presented to the Governor at 3:30 p.m.
|
||
- **2025-07-28** Approved by the Governor. `executive-signature`
|
||
- **2025-07-28** Chaptered by Secretary of State - Chapter 71, Statutes of 2025. `became-law`
|
||
|
||
## Source
|
||
|
||
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6c2d2b39-ebf3-4172-9f32-9c310c575381`. Confidence: reported (aggregated from official California legislature records).
|
||
|