Bill Text: CA AB2446 | 2025-2026 | Regular Session | Amended
Bill Title: Attorney General: investigations: prediction market wagering.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced) 2026-03-24 - Re-referred to Com. on G.O. [AB2446 Detail]
Download: California-2025-AB2446-Amended.html
|
Amended
IN
Assembly
March 23, 2026 |
CALIFORNIA LEGISLATURE—
2025–2026 REGULAR SESSION
Assembly Bill
No. 2446
| Introduced by Assembly Member Sharp-Collins |
February 20, 2026 |
An act to amend Section 100 of add Section 15006.5 to the Government Code, relating to state government.
LEGISLATIVE COUNSEL'S DIGEST
AB 2446, as amended, Sharp-Collins.
State government: sovereignty. Attorney General: investigations: prediction market wagering.
Existing law establishes the Department of Justice under the direction and control of the Attorney General and requires the department to, among other things, maintain a continuing investigation on a statewide basis of investment frauds and business crimes.
This bill would require the Attorney General to investigate any payout of $5,000 or more received as a result of prediction market wagering if the event outcome was a matter of national security.
Existing law provides that the sovereignty of the state resides in the people thereof, and all writs and processes shall issue in their name.
This bill would make a nonsubstantive change to these provisions.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee:Bill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 15006.5 is added to the Government Code, to read:15006.5.
The Attorney General shall investigate any payout of five thousand dollars ($5,000) or more received as a result of prediction market wagering if the event outcome was a matter of national security.(a)The sovereignty of the State of California resides in the people thereof, and all writs and processes shall issue in their name.
(b)The style of all process shall be “The People of the State of California,” and all prosecutions shall be conducted in their name and by their authority.
