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CA AB2621
Bill
Status
Introduced
2/20/2026
Primary Sponsor
Michelle Rodriguez
Click for details
AI Summary
- Amends Section 1041 of the Financial Code to replace gendered language ("his or her") with gender-neutral language ("their") when referring to the Commissioner of Financial Protection and Innovation
- Makes no substantive changes to banking law requirements for forming a commercial bank or trust company
- Retains existing $2,500 fee payable to the commissioner for bank incorporation approval
- Requires no appropriation and has no fiscal impact on state or local programs
- Introduced by Assembly Member Michelle Rodriguez on February 20, 2026
Legislative Description
Banking Law.
Last Action
From printer. May be heard in committee March 23.
2/21/2026
Full Bill Text
No bill text available