From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
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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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
- Appropriations Committee HearingAppropriations · May 23, 2025
- Appropriations Committee HearingAppropriations · Apr 9, 2025
- Banking and Finance Committee HearingBanking and Finance · Mar 3, 2025
History
- From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
- Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
- In committee: Held under submission.
- In committee: Set, first hearing. Referred to APPR. suspense file.
- From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (March 3). Re-referred to Com. on APPR.
- Referred to Com. on B.&F.
- From printer. May be heard in committee February 13.
- Read first time. To print.
Sponsors
- Chen · sponsor
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