Unclaimed property: digital financial assets.
Summary
This California bill amends the state's unclaimed property laws to address digital financial assets, modifying existing code sections and adding new provisions to the Code of Civil Procedure. The legislation affects businesses and financial institutions that hold unclaimed digital assets, establishing requirements for how these assets must be handled and reported. The bill includes an appropriation to fund implementation of the new unclaimed property rules.
Sponsor
Last action
In Senate. Read first time. To Com. on RLS. for assignment.
May 28, 2026
Topics
Legislative history
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate.
Read third time. Passed. Ordered to the Senate. (Ayes 78. Noes 0.)
Read second time. Ordered to third reading.
Read second time and amended. Ordered returned to second reading.
From committee: Amend, and do pass as amended. (Ayes 11. Noes 0.) (May 14).
In committee: Set, first hearing. Referred to APPR. suspense file.
Re-referred to Com. on APPR.
Read second time and amended.
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (April 20).
Re-referred to Com. on B. & F.
Read second time and amended.
From committee: Amend, and do pass as amended and re-refer to Com. on B. & F. with recommendation: To Consent Calendar. (Ayes 12. Noes 0.) (March 24).
Referred to Coms. on JUD. and B. & F.
From printer. May be heard in committee March 22.
Read first time. To print.