CalAccount Program.

Summary

The bill establishes the CalAccount Program, giving every resident a voluntary, no‑fee, no‑penalty, FDIC‑insured transaction account and related payment services. A CalAccount Commission will run the program, contract with banks, and require employers to offer payroll direct‑deposit to these accounts. It aims to help unbanked and underbanked households, especially low‑income and vulnerable populations.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

From committee: Do pass and re-refer to Com. on L. & E. (Ayes 7. Noes 2.) (April 21). Re-referred to Com. on L. & E. · Apr 22, 2025

Hearings

• Appropriations Committee Hearing
  Appropriations · May 23, 2025
• Appropriations Committee Hearing
  Appropriations · May 14, 2025
• Labor and Employment Committee Hearing
  Labor and Employment · Apr 23, 2025
• Banking and Finance Committee Hearing
  Banking and Finance · Apr 21, 2025

History

1. Feb 2, 2026From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2. Jan 31, 2026Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
3. May 23, 2025In committee: Held under submission.
4. May 14, 2025In committee: Set, first hearing. Referred to APPR. suspense file.
5. Apr 29, 2025Re-referred to Com. on APPR.
6. Apr 28, 2025Read second time and amended.
7. Apr 24, 2025From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 1.) (April 23).
8. Apr 22, 2025From committee: Do pass and re-refer to Com. on L. & E. (Ayes 7. Noes 2.) (April 21). Re-referred to Com. on L. & E.
9. Apr 21, 2025Joint Rule 62(a) suspended. (Page 1163.)
10. Apr 21, 2025Assembly Rule 56 suspended. (Page 1163.)
11. Apr 21, 2025(Pending re-refer to Com. on L. & E.).
12. Mar 17, 2025Referred to Coms. on B.&F. and L. & E.

The 12 most recent of 15 recorded actions.

Sponsors

• Garcia · sponsor

Bill text

Opens the legislature’s own copy.

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