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A08761Introduced in the Assembly

Directs the superintendent of financial services to conduct an analysis of the financial stability of the check cashing industry and review the current system of licensing for such industry and issue reports on both topics.

IntroducedAssembly Ways and Means

Introduced by Catalina Cruz, District 39

What does this bill do?

Plain-English breakdown

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Official description

Directs the superintendent of financial services to conduct an analysis of the financial stability of the check cashing industry and review the current system of licensing for such industry and issue reports on both topics.

Where it stands

reported referred to ways and means

January 20, 2026

How did lawmakers vote?

AssemblyStage: Assembly Banks Committee: Favorable refer to committee Ways and Means · January 20, 2026

19

Yes

7

No

5

Absent or Not Voting

31 assemblymembers recorded in this Assembly vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

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Bill history

  1. referred to banks

  2. referred to banks

  3. reported referred to ways and means

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