Deferred deposit transactions: assessments.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Enacted

Summary

AB 2028 deals with how deferred deposit transactions are assessed. It would apply to parties that engage in or manage such transactions, aiming to create a framework for evaluating them. The measure has cleared the House and is moving to the Appropriations Committee.

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

Vote

Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 6851.). · Aug 30, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · Aug 3, 2026
• Banking and Financial Institutions Committee Hearing
  Banking and Financial Institutions · Jun 17, 2026
• Appropriations Committee Hearing
  Appropriations · May 6, 2026
• Banking and Finance Committee Hearing
  Banking and Finance · Apr 23, 2026

History

1. May 27, 2026Referred to Com. on B. & F.I.
2. May 14, 2026Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 5054.)
3. May 14, 2026In Senate. Read first time. To Com. on RLS. for assignment.
4. May 7, 2026Read second time. Ordered to Consent Calendar.
5. May 6, 2026From committee: Do pass. To Consent Calendar. (Ayes 14. Noes 0.) (May 6).
6. Apr 23, 2026From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 9. Noes 0.) (April 23). Re-referred to Com. on APPR.
7. Mar 2, 2026Referred to Com. on B. & F.
8. Feb 18, 2026From printer. May be heard in committee March 20.
9. Feb 17, 2026Read first time. To print.

Sponsors

• Phillip Chen (R) · sponsor
• Chen

Bill text

Opens the legislature’s own copy.

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