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California · 2025–26 Regular Session · Assembly Bill

AB 83: The California Elder Financial Abuse Prevention Act.

Did not advance Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted
  6. Did not advance

Last official action: ·Record last updated:

Plain-language summary

AB 83 is a assembly bill introduced in the California Assembly on December 20, 2024. According to its official title, it concerns: The California Elder Financial Abuse Prevention Act. Primary sponsor: Blanca Pacheco (D). It lists 7 additional sponsors. Most recent recorded action (February 2, 2026): From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

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.

Existing law establishes in the Business, Consumer Services, and Housing Agency a Department of Financial Protection and Innovation under the direction of the Commissioner of Financial Protection and Innovation. Under existing law, the department has charge of the execution of specified laws relating to various financial institutions and financial products and services.

This bill would enact the California Elder Financial Abuse Prevention Act, which would authorize a depository institution, as defined, to take specified actions when, based on their own observations or information received from a governmental or law enforcement agency, the institution believes that an eligible adult, as defined, is the victim or target of financial abuse, including delaying or refusing a transaction involving the eligible adult and preventing the transfer of funds from the eligible adult’s account. The bill would authorize a depository institution to notify an associated third party, as defined, if the depository institution believes an eligible adult may be the victim of financial abuse, and would exempt that disclosure from state privacy laws or requirements.

Sponsors

Sponsors by party (alphabetical): Democratic 7 · Republican 1

NameRolePartyChamberDistrict
Blanca PachecoPrimary sponsorDemocraticAssembly64
Cecilia Aguiar-CurryCo-sponsorDemocraticAssembly4
Patrick AhrensCo-sponsorDemocraticAssembly26
David AlvarezCo-sponsorDemocraticAssembly80
Heather HadwickCo-sponsorRepublicanAssembly1
Tina McKinnorCo-sponsorDemocraticAssembly61
Stephanie NguyenCo-sponsorDemocraticAssembly10
Michelle RodriguezCo-sponsorDemocraticAssembly53

“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. From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
  2. Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
  3. Re-referred to Com. on B. & F.
  4. From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.
  5. Re-referred to Com. on B.&F.
  6. From committee chair, with author's amendments: Amend, and re-refer to Com. on B.&F. Read second time and amended.
  7. Referred to Com. on B.&F.
  8. Read first time.
  9. From printer. May be heard in committee January 20.
  10. Introduced. To print.

Sources

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