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Legislative record

AB 1180STATE · CaliforniaIntroduced

Department of Financial Protection and Innovation: state payments.

The Digital Financial Assets Law (DFAL) generally regulates digital financial asset business activity, including by prohibiting a covered person from taking certain actions with digital financial assets if that asset is a stablecoin, as defined and prescribed. The DFAL requires, among other charges, an applicant for a license to include a nonrefundable fee with an application, as specified. This bill would authorize the Department of Financial Protection and Innovation to adopt regulations to allow specified payments required under the DFAL to be made with stablecoins, as specified. This bill would become operative on July 1, 2027, and sunset its provisions on January 1, 2032.

Voted 9/3/2026View source

Roll-call record

How representatives voted

77 yea·0 nay

Docket history

Action history

  1. 8/29/2025In committee: Held under submission.
  2. 8/18/2025In committee: Referred to suspense file.
  3. 7/16/2025From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 13. Noes 0.) (July 15). Re-referred to Com. on APPR.
  4. 7/7/2025Read second time and amended. Re-referred to Com. on JUD.
  5. 7/3/2025From committee: Amend, and do pass as amended and re-refer to Com. on JUD. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (July 2).
  6. 6/11/2025Referred to Coms. on B. & F.I. and JUD.
  7. 6/3/2025In Senate. Read first time. To Com. on RLS. for assignment.
  8. 6/2/2025Read third time. Passed. Ordered to the Senate. (Ayes 78. Noes 0. Page 1881.)
  9. 5/27/2025Read second time. Ordered to third reading.
  10. 5/23/2025From committee: Do pass. (Ayes 14. Noes 0.) (May 23).