Department of Financial Protection and Innovation: budget reports.

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

The bill orders the Department of Financial Protection and Innovation’s commissioner to submit an annual report on projected and actual revenues and expenditures for a set of financial‑code divisions, and to explain how assessment fees are calculated. It impacts the department, escrow agents and other financial institutions it regulates, and gives legislators clearer insight into the agency’s finances.

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

Vote

Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 5464.) · May 27, 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 14, 2026
• Appropriations Committee Hearing
  Appropriations · May 6, 2026
• Banking and Finance Committee Hearing
  Banking and Finance · Apr 23, 2026

History

1. May 28, 2026In Senate. Read first time. To Com. on RLS. for assignment.
2. May 27, 2026Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0.)
3. May 18, 2026Read second time. Ordered to third reading.
4. May 14, 2026From committee: Do pass. (Ayes 15. Noes 0.) (May 14).
5. May 6, 2026In committee: Set, first hearing. Referred to APPR. suspense file.
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. Apr 20, 2026Re-referred to Com. on B. & F.
8. Apr 16, 2026From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.
9. Mar 9, 2026Referred to Com. on B. & F.
10. Feb 21, 2026From printer. May be heard in committee March 23.
11. Feb 20, 2026Read first time. To print.

Sponsors

• Phillip Chen (R) · sponsor
• Chen

Bill text

Opens the legislature’s own copy.

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