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SB 1208·CA·senate

Money laundering: digital assets.

EnactedFiled Feb 19, 2026
Sponsor: Tim Grayson (D)
Latest Action

Chaptered by Secretary of State. Chapter 483, Statutes of 2026.

Sep 27, 2026

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

SB 1208 aims to address money‑laundering activities that use digital financial assets. It would apply to individuals and businesses that handle or transact with such assets, seeking to curb illicit use. The measure reflects growing concern over crypto‑related financial crimes.

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

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Vote

75 yes

0 no

Read third time. Passed. (Ayes 75. Noes 0. Page 6474.) Ordered to the Senate. · Aug 25, 2026

Hearings

History

  1. Referred to Com. on PUB. S.
  2. In Assembly. Read first time. Held at Desk.
  3. Read third time. Passed. (Ayes 39. Noes 0.) Ordered to the Assembly.
  4. Read second time. Ordered to third reading.
  5. Read second time and amended. Ordered to second reading.
  6. From committee: Do pass as amended. (Ayes 7. Noes 0.) (May 14).
  7. Set for hearing May 14.
  8. May 4 hearing: Placed on APPR. suspense file.
  9. Set for hearing May 4.
  10. From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0. Page 3983.) (April 21). Re-referred to Com. on APPR.
  11. Set for hearing April 21.
  12. April 14 set for second hearing canceled at the request of author.

The 12 most recent of 19 recorded actions.

Sponsors

  • Tim Grayson (D) · sponsor
  • Grayson

Bill text

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