Assembly BillPassed both housesGovernment
AB 2409: Digital assets: meme coins.
What AB 2409 does, verified September 4, 2026
<p>The bill prohibits public officers and certain employees from issuing meme coins. It defines "public officer" as state or local elected/appointed officials including legislators and members of governmental advisory bodies, and "public employee" as those with decision-making authority over bids and contracts for their entity.</p> <p>It also bans businesses operating digital asset exchanges from listing meme coins featuring federal, state, or local public officials for sale to California residents. The bill mandates the Attorney General to enforce these rules through civil actions seeking injunctive relief and disgorgement, while allowing district attorneys, city attorneys, and county counsels to enforce against such businesses.</p>
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. 26, 2026 | In Assembly. Concurrence in Senate amendments pending. |
| Aug. 26, 2026 | Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0.). |
| Aug. 24, 2026 | Read second time. Ordered to third reading. |