Politics.AIAssembly BillPassed first houseFinancial
AB 1180: Department of Financial Protection and Innovation: state payments.
What AB 1180 does, verified August 25, 2026
The bill aims to allow specified payments required under the digital financial assets law to be made with stablecoins. The Department of Financial Protection and Innovation will adopt regulations to enable these payments, which must be submitted to the legislature by January 1, 2029. The Treasurer and Controller will submit recommendations to the legislature by January 1, 2028. The bill becomes operative on July 1, 2027, and its provisions will sunset on January 1, 2032.
Bill journey
✓IntroducedComplete
✓In CommitteeComplete
✓First Chamber FloorComplete
4Second ChamberCurrent
5GovernorPending
6ChapteredPending
Last action: In Assembly. Concurrence in Senate amendments pending. (2026-08-24)Alert me
Author and sponsors
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| Aug. 24, 2026 | In Assembly. Concurrence in Senate amendments pending. |
| Aug. 24, 2026 | Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0.). |
| Aug. 17, 2026 | Read second time. Ordered to third reading. |
| Aug. 13, 2026 | Read second time and amended. Ordered returned to second reading. |
| Aug. 13, 2026 | From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (August 13). |