Assembly BillFailedFinancial
AB 83: The California Elder Financial Abuse Prevention Act.
What AB 83 does, verified February 3, 2026
The bill aims to prevent financial abuse of vulnerable adults in California. A depository institution can take action against a suspected victim of financial abuse, including delaying or refusing transactions and preventing fund transfers. The institution can notify a third party associated with the victim, but this disclosure is exempt from state privacy laws. The bill authorizes institutions to protect eligible adults from financial abuse, ensuring their safety and well-being.
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
Author and sponsors
Full contact details, staff, and committees with Connect, $15/moUnlockRecent actions11 total · showing 5
| 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. 05, 2025 | Re-referred to Com. on B. & F. |
| May. 01, 2025 | From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. |
| Mar. 25, 2025 | From committee chair, with author's amendments: Amend, and re-refer to Com. on B.&F. Read second time and amended. |