CA SB97 | 2025-2026 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on June 30 2026 - 100% progression
Action: 2026-06-30 - Chaptered by Secretary of State. Chapter 52, Statutes of 2026.
Text: Latest bill text (Chaptered) [HTML]
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on June 30 2026 - 100% progression
Action: 2026-06-30 - Chaptered by Secretary of State. Chapter 52, Statutes of 2026.
Text: Latest bill text (Chaptered) [HTML]
Summary
An act to amend Sections 3102, 3103, 3201, 3205, 3211, 3307, 3501, 3505, and 3701 of, and to repeal Chapter 6 (commencing with Section 3601) of Division 1.25 of, the Financial Code, relating to financial regulation, and declaring the urgency thereof, to take effect immediately.
Title
Digital financial assets: stablecoins.
Sponsors
| Sen. Tim Grayson [D] |
Roll Calls
2026-06-29 - Assembly - SB 97 Grayson Third Reading Urgency By Blanca Rubio (Y: 75 N: 0 NV: 0 Abs: 4) [PASS]
2026-06-29 - Senate - W/O REF. TO FILE SB97 Grayson (Y: 38 N: 0 NV: 0 Abs: 2) [PASS]
2025-08-20 - Assembly - Do pass (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2025-07-08 - Assembly - Do pass and be re-referred to the Committee on [Appropriations] (Y: 13 N: 0 NV: 0 Abs: 2) [PASS]
2025-07-07 - Assembly - Do pass and be re-referred to the Committee on [Privacy and Consumer Protection] (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2025-06-03 - Senate - Senate 3rd Reading SB97 Grayson (Y: 38 N: 0 NV: 0 Abs: 2) [PASS]
2025-04-08 - Senate - Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] with the recommendation: To Consent Calendar (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2025-04-02 - Senate - Do pass, but first be re-referred to the Committee on [Judiciary] with the recommendation: To Consent Calendar (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
2026-06-29 - Senate - W/O REF. TO FILE SB97 Grayson (Y: 38 N: 0 NV: 0 Abs: 2) [PASS]
2025-08-20 - Assembly - Do pass (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2025-07-08 - Assembly - Do pass and be re-referred to the Committee on [Appropriations] (Y: 13 N: 0 NV: 0 Abs: 2) [PASS]
2025-07-07 - Assembly - Do pass and be re-referred to the Committee on [Privacy and Consumer Protection] (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2025-06-03 - Senate - Senate 3rd Reading SB97 Grayson (Y: 38 N: 0 NV: 0 Abs: 2) [PASS]
2025-04-08 - Senate - Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] with the recommendation: To Consent Calendar (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2025-04-02 - Senate - Do pass, but first be re-referred to the Committee on [Judiciary] with the recommendation: To Consent Calendar (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2026-06-30 | Chaptered by Secretary of State. Chapter 52, Statutes of 2026. | |
| 2026-06-30 | Approved by the Governor. | |
| 2026-06-29 | Enrolled and presented to the Governor at 6 p.m. | |
| 2026-06-29 | Senate | Assembly amendments concurred in. (Ayes 38. Noes 0.) Ordered to engrossing and enrolling. |
| 2026-06-29 | Senate | Urgency clause adopted. |
| 2026-06-29 | Senate | Unanimous consent granted to take up without reference to file. |
| 2026-06-29 | Senate | In Senate. Concurrence in Assembly amendments pending. |
| 2026-06-29 | Assembly | Read third time. Urgency clause adopted. Passed. Ordered to the Senate. |
| 2026-06-23 | Assembly | Ordered to third reading. |
| 2026-06-23 | Assembly | Read third time and amended. |
| 2026-06-22 | Assembly | Ordered to third reading. |
| 2026-06-22 | Assembly | From inactive file. |
| 2026-06-18 | Assembly | Notice of intention to remove from inactive file given by Assembly Member Garcia. |
| 2025-08-21 | Assembly | Ordered to inactive file on request of Assembly Member Aguiar-Curry. |
| 2025-08-21 | Assembly | Read second time. Ordered to third reading. |
| 2025-08-20 | Assembly | From committee: Do pass. (Ayes 15. Noes 0.) (August 20). |
| 2025-07-09 | Assembly | From committee: Do pass and re-refer to Com. on APPR. (Ayes 13. Noes 0.) (July 8). Re-referred to Com. on APPR. |
| 2025-07-08 | Assembly | From committee: Do pass and re-refer to Com. on P. & C.P. (Ayes 9. Noes 0.) (July 7). Re-referred to Com. on P. & C.P. |
| 2025-06-27 | Assembly | Assembly Rule 56 suspended. |
| 2025-06-17 | Assembly | June 23 hearing postponed by committee. |
| 2025-06-09 | Assembly | Referred to Coms. on B. & F. and P. & C.P. |
| 2025-06-04 | Assembly | In Assembly. Read first time. Held at Desk. |
| 2025-06-03 | Senate | Read third time. Passed. (Ayes 38. Noes 0. Page 1438.) Ordered to the Assembly. |
| 2025-06-02 | Senate | Read second time. Ordered to third reading. |
| 2025-05-29 | Senate | Ordered to second reading. |
| 2025-05-29 | Senate | Read third time and amended. |
| 2025-05-01 | Senate | Ordered to third reading. |
| 2025-05-01 | Senate | From consent calendar on motion of Senator Gonzalez. |
| 2025-04-29 | Senate | Read second time. Ordered to consent calendar. |
| 2025-04-28 | Senate | From committee: Be ordered to second reading pursuant to Senate Rule 28.8 and ordered to consent calendar. |
| 2025-04-17 | Senate | Set for hearing April 28. |
| 2025-04-10 | Senate | Read second time and amended. Re-referred to Com. on APPR. |
| 2025-04-09 | Senate | From committee: Do pass as amended and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 13. Noes 0. Page 705.) (April 8). |
| 2025-04-03 | Senate | From committee: Do pass and re-refer to Com. on JUD. with recommendation: To consent calendar. (Ayes 7. Noes 0. Page 632.) (April 2). Re-referred to Com. on JUD. |
| 2025-03-25 | Senate | Set for hearing April 8 in JUD. pending receipt. |
| 2025-03-24 | Senate | From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I. |
| 2025-03-20 | Senate | Set for hearing April 2. |
| 2025-03-19 | Senate | Re-referred to Coms. on B. & F.I. and JUD. |
| 2025-03-12 | Senate | From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS. |
| 2025-02-05 | Senate | Referred to Com. on RLS. |
| 2025-01-24 | Senate | From printer. May be acted upon on or after February 23. |
| 2025-01-23 | Senate | Introduced. Read first time. To Com. on RLS. for assignment. To print. |
Code Citations
| Chapter | Section | Citation Type | Statute Text |
|---|---|---|---|
| Financial Code | 3102 | Amended Code | Citation Text |
| Financial Code | 3103 | Amended Code | Citation Text |
| Financial Code | 3201 | Amended Code | Citation Text |
| Financial Code | 3205 | Amended Code | Citation Text |
| Financial Code | 3211 | Amended Code | Citation Text |
| Financial Code | 3307 | Amended Code | Citation Text |
| Financial Code | 3501 | Amended Code | Citation Text |
| Financial Code | 3505 | Amended Code | Citation Text |
| Financial Code | 3601 | Repealed Code | Citation Text |
| Financial Code | 3701 | Amended Code | Citation Text |
