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SB505Introduced in the Senate

Money Transmission Act: authentication.

Passed

Introduced by Laura Richardson, District 35

What does this bill do?

Plain-English breakdown

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Official description

An act to add Chapter 10 (commencing with Section 2180) to Division 1.2 of the Financial Code, relating to financial protection.

Where it stands

Chaptered by Secretary of State. Chapter 648, Statutes of 2026.

September 27, 2026

How did lawmakers vote?

Assembly votes

3 recorded votes · each counted separately

Senate votes

3 recorded votes · each counted separately

SenateStage: Special Consent SB505 Richardson · August 27, 2026

40

Yes

0

No

0

Absent or Not Voting

40 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

See how each senator voted

SenatorDistrictVote
Megan Dahle1Yes
Mike McGuire2Yes
Christopher Cabaldon3Yes
Marie Alvarado-Gil4Yes
Jerry McNerney5Yes
Roger Niello6Yes
Jesse Arreguin7Yes
Angelique Ashby8Yes
Tim Grayson9Yes
Aisha Wahab10Yes

Bill history

  1. Introduced. Read first time. To Com. on RLS. for assignment. To print.

  2. From printer. May be acted upon on or after March 22.

  3. Referred to Coms. on B. & F.I. and JUD.

  4. Set for hearing April 2.

  5. From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.

  6. April 2 set for first hearing canceled at the request of author.

  7. Set for hearing January 7.

  8. From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.

  9. 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.

  10. Withdrawn from committee.

  11. Re-referred to Com. on JUD.

  12. Withdrawn from committee.

  13. Re-referred to Com. on APPR.

  14. Set for hearing January 20.

  15. From committee: Be ordered to second reading pursuant to Senate Rule 28.8.

  16. Read second time. Ordered to third reading.

  17. Read third time. Passed. (Ayes 40. Noes 0. Page 3296.) Ordered to the Assembly.

  18. In Assembly. Read first time. Held at Desk.

  19. Referred to Com. on B. & F.

  20. From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.

  21. From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.

  22. From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (June 22). Re-referred to Com. on APPR.

  23. From committee: Do pass. (Ayes 15. Noes 0.) (August 5).

  24. Read second time. Ordered to third reading.

  25. Read third time. Passed. (Ayes 75. Noes 0. Page 6206.) Ordered to the Senate.

  26. In Senate. Concurrence in Assembly amendments pending.

  27. Ordered to special consent calendar.

  28. Assembly amendments concurred in. (Ayes 39. Noes 0.) Ordered to engrossing and enrolling.

  29. Enrolled and presented to the Governor at 3 p.m.

  30. Approved by the Governor.

  31. Chaptered by Secretary of State. Chapter 648, Statutes of 2026.

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