Assembly BillPassed both housesFinancial
AB 1180: Department of Financial Protection and Innovation: state payments.
What AB 1180 does, verified September 4, 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
✓Second ChamberComplete
5GovernorCurrent
6ChapteredPending
Last action: Enrolled and presented to the Governor at 4 p.m. (2026-09-03)Alert me
Author and sponsors
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| Sep. 03, 2026 | Enrolled and presented to the Governor at 4 p.m. |
| Aug. 26, 2026 | Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0.). |
| 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. |