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California · 2025–26 Regular Session · Assembly Bill

AB 2028: Deferred deposit transactions: assessments.

Enacted Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

AB 2028 is a assembly bill introduced in the California Assembly on February 17, 2026. According to its official title, it concerns: Deferred deposit transactions: assessments. Primary sponsor: Phillip Chen (R). Most recent recorded action (September 27, 2026): Chaptered by Secretary of State - Chapter 573, Statutes of 2026.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Legislative Counsel’s Digest (official, as of the latest version). Written by nonpartisan legislative staff; reproduced verbatim.

The California Deferred Deposit Transaction Law generally provides for the licensure and regulation by the Commissioner of Financial Protection and Innovation of a person who engages in the business of making deferred deposit transactions. The law requires each licensee to pay to the commissioner its pro rata share of all costs and expenses reasonably incurred in the administration of the law, as specified.

This bill would require an invoice or assessment notice issued by the commissioner to a licensee pursuant to the provisions described above to include the pro rata amount calculation used to determine the amount due and payable by the licensee, as specified.

This bill would incorporate additional changes to Section 23016 of the Financial Code proposed by AB 2795 to be operative only if this bill and AB 2795 are enacted and this bill is enacted last.

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Phillip ChenPrimary sponsorRepublicanAssembly59

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Chaptered by Secretary of State - Chapter 573, Statutes of 2026.
  2. Approved by the Governor.
  3. Enrolled and presented to the Governor at 3 p.m.
  4. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 6851.).
  5. In Assembly. Concurrence in Senate amendments pending.
  6. Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0.).
  7. Read second time. Ordered to third reading.
  8. Read third time and amended. Ordered to second reading.
  9. Ordered to third reading.
  10. Action rescinded whereby the bill was read third time, passed, and to Assembly.
  11. In Senate. Held at Desk.
  12. Ordered to the Senate.

Sources

  1. California Legislative Information — pubinfo database export
  2. Official bill page