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Home/Bills/AB 801California · 2025–2026 Regular Session
Assembly BillPassed both housesFinancial

AB 801: Nondiscrimination.

California · Assembly · 2025–2026 Regular Session · last verified September 4, 2026

What AB 801 does, verified September 4, 2026

The bill establishes the California Community Reinvestment Act, which requires covered financial institutions to meet the financial services needs of low- and moderate-income communities and communities of color in which they conduct substantial business. The commissioner will assess the institution's record of performance every three years and assign a rating, which will be used to evaluate the institution's compliance with the act. The commissioner may prohibit institutions with certain ratings from receiving state funds or awards. The bill also authorizes the commissioner to investigate and examine institutions for compliance with state and federal laws, and establishes a community reinvestment fund to administer the provisions of the act. The commissioner may issue an administrative penalty of up to $100,000 to institutions that regularly fail to meet their obligations.

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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Coauthors
Laura RichardsonLola Smallwood-CuevasAkilah Weber Pierson
Recent actions37 total · showing 5
Sep. 03, 2026Enrolled and presented to the Governor at 4 p.m.
Aug. 26, 2026Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 60. Noes 11.).
Aug. 25, 2026In Assembly. Concurrence in Senate amendments pending.
Aug. 25, 2026Read third time. Passed. Ordered to the Assembly. (Ayes 30. Noes 7.).
Aug. 19, 2026Read second time. Ordered to third reading.
Full action history, 32 earlier actionsConnect Plus
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