Politics.AIAssembly BillFailedFinancial
AB 236: Digital financial asset businesses: regulatory fees.
What AB 236 does, verified February 3, 2026
This bill aims to regulate digital financial asset businesses in California. It prohibits individuals from engaging in digital financial asset business activities on or after July 1, 2026, unless they meet certain conditions. These conditions include obtaining a license from the Department of Financial Protection and Innovation or submitting an application before the deadline. The bill sets a nonrefundable fee of $5,000 for applicants, which is intended to cover the costs of application review. This fee limit aims to make the licensing process more accessible and affordable for digital financial asset businesses.
Bill journey
✓IntroducedComplete
2In CommitteeCurrent
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. (2026-02-02)Alert me
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| Feb. 02, 2026 | From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. |
| Jan. 31, 2026 | Died pursuant to Art. IV, Sec. 10(c) of the Constitution. |
| May. 23, 2025 | In committee: Held under submission. |
| Apr. 09, 2025 | In committee: Set, first hearing. Referred to APPR. suspense file. |
| Mar. 03, 2025 | From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (March 3). Re-referred to Com. on APPR. |