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AB 236·CA·house

Digital financial asset businesses: regulatory fees.

FailedFiled Jan 13, 2025
Sponsor: Chen
Latest Action

From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

Feb 2, 2026

Summary

AB 236 amends the Financial Code to limit the fee that applicants must pay when seeking a digital financial asset business license to a maximum of $5,000. The change applies to any person or company that wants to operate a crypto‑related business in California after July 1 2026. By setting a ceiling, the bill seeks to keep licensing costs from becoming a barrier while preserving existing disclosure and review requirements.

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Vote

8 yes

0 no

From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (March 3). Re-referred to Com. on APPR. · Mar 3, 2025

Hearings

History

  1. From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
  2. Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
  3. In committee: Held under submission.
  4. In committee: Set, first hearing. Referred to APPR. suspense file.
  5. From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (March 3). Re-referred to Com. on APPR.
  6. Referred to Com. on B.&F.
  7. From printer. May be heard in committee February 13.
  8. Read first time. To print.

Sponsors

  • Chen · sponsor

Bill text

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