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Updated:   2026-06-28

SB 505

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Measure SB 505
Authors Richardson  
Subject Money Transmission Act: authentication.
Relating To relating to financial protection.
Title An act to add Chapter 10 (commencing with Section 2180) to Division 1.2 of the Financial Code, relating to financial protection.
Last Action Dt 2026-06-22
State Amended Assembly
Status In Committee Process
Flags
Vote Req Approp Fiscal Cmte Local Prog Subs Chgs Urgency Tax Levy Active?
Majority No Yes Yes None No No Y
Leginfo Link  
Bill Actions
2026-06-23     From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (June 22). Re-referred to Com. on APPR.
2026-06-22     From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.
2026-05-26     From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.
2026-05-04     Referred to Com. on B. & F.
2026-01-27     Read third time. Passed. (Ayes 40. Noes 0. Page 3296.) Ordered to the Assembly.
2026-01-27     In Assembly. Read first time. Held at Desk.
2026-01-21     Read second time. Ordered to third reading.
2026-01-20     From committee: Be ordered to second reading pursuant to Senate Rule 28.8.
2026-01-09     Set for hearing January 20.
2026-01-08     Withdrawn from committee.
2026-01-08     Re-referred to Com. on APPR.
2026-01-07     From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 0. Page 3187.) (January 7). Re-referred to Com. on APPR.
2026-01-07     Withdrawn from committee.
2026-01-07     Re-referred to Com. on JUD.
2026-01-05     From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.
2025-12-18     Set for hearing January 7.
2025-03-26     April 2 set for first hearing canceled at the request of author.
2025-03-24     From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.
2025-03-18     Set for hearing April 2.
2025-02-26     Referred to Coms. on B. & F.I. and JUD.
2025-02-20     From printer. May be acted upon on or after March 22.
2025-02-19     Introduced. Read first time. To Com. on RLS. for assignment. To print.
Versions
    Length
Amended Assembly     2026-06-22     12023
Amended Assembly     2026-05-26     10956
Amended Senate     2026-01-05     16080
Amended Senate     2025-03-24     17864
Introduced     2025-02-19     6429
Analyses TBD