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CA AB2285
Bill
Status
Introduced
2/19/2026
Primary Sponsor
Avelino Valencia
Click for details
AI Summary
- Makes nonsubstantive technical changes to the Digital Financial Assets Law, which takes effect July 1, 2026
- Replaces "under" with "pursuant to" when referencing the licensing section
- Adds a comma after "resident" in the prohibition language
- Maintains existing requirement that persons engaging in digital financial asset business activity with California residents must be licensed, have a pending application, or qualify for an exemption
Legislative Description
Digital Financial Assets Law: prohibitions.
Last Action
From printer. May be heard in committee March 22.
2/20/2026
Full Bill Text
No bill text available