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California · 2025–26 Regular Session · Assembly Bill

AB 2243: State Bank Act.

In committee 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 2243 is a assembly bill introduced in the California Assembly on February 19, 2026. According to its official title, it concerns: State Bank Act. Primary sponsor: Matt Haney (D), Ash Kalra (D). It lists 2 additional sponsors. Most recent recorded action (May 14, 2026): In committee: Held under submission.

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 Bergeson-Peace Infrastructure and Economic Development Bank Act creates within the Governor’s Office of Business and Economic Development the Infrastructure and Economic Development Bank and requires it to administer the act, which, among other things, provides for the financing of certain economic development projects.

This bill, the State Bank Act, would create in state government the State Bank Commission and provide for its membership, as prescribed.

This bill would require, on or before June 1, 2028, the commission to develop a state bank plan that addresses various items with respect to creating a state bank, including a state guarantee of public deposits, including those held by public banks. The bill would require, on or before January 1, 2028, the commission to hold at least 2 public hearings to solicit input on the state bank plan from members of the public and, by July 1, 2028, vote whether to adopt the state bank plan. The bill would require, if the commission adopts by a majority vote the state bank plan, the commission to publish the state bank plan and the fact of its adoption on its internet website.

Sponsors

Sponsors by party (alphabetical): Democratic 4

NameRolePartyChamberDistrict
Matt HaneyPrimary sponsorDemocraticAssembly17
Ash KalraPrimary sponsorDemocraticAssembly25
Sade ElhawaryCo-sponsorDemocraticAssembly57
Alex LeeCo-sponsorDemocraticAssembly24

“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. In committee: Held under submission.
  2. In committee: Set, first hearing. Referred to APPR. suspense file.
  3. From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 2.) (April 23). Re-referred to Com. on APPR.
  4. Re-referred to Com. on B. & F.
  5. From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.
  6. From committee: Do pass and re-refer to Com. on B. & F. (Ayes 5. Noes 2.) (April 14). Re-referred to Com. on B. & F.
  7. Re-referred to Com. on E.D., G., & H.I.
  8. From committee chair, with author's amendments: Amend, and re-refer to Com. on E.D., G., & H.I. Read second time and amended.
  9. Referred to Coms. on E.D., G., & H.I. and B. & F.
  10. From printer. May be heard in committee March 22.
  11. Read first time. To print.

Sources

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