STATE BILLCA SB 97PASSED

Digital financial assets: stablecoins.

California State Legislature

An act to amend Sections 3102, 3103, 3201, 3205, 3211, 3307, 3501, 3505, and 3701 of, and to repeal Chapter 6 (commencing with Section 3601) of Division 1.25 of, the Financial Code, relating to financial regulation, and declaring the urgency thereof, to take effect immediately.

Status: Passed; Signed or otherwise enacted
Status date: Jun 30, 2026; 135 days ago
Current chamber: Senate
Session: 2025-2026 Regular Session

CA SB 97 · PassedJun 30

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Bill details

Last action: Chaptered by Secretary of State. Chapter 52, Statutes of 2026. · Jun 30, 2026

Sponsor

TGTim GraysonSenator · Democrat · SD-009Primary sponsor

Bill history

Newest first.

Jun 30, 2026Chaptered by Secretary of State. Chapter 52, Statutes of 2026.

Jun 30, 2026Approved by the Governor.

Jun 29, 2026Enrolled and presented to the Governor at 6 p.m.

Jun 29, 2026Assembly amendments concurred in. (Ayes 38. Noes 0. Page 5075.) Ordered to engrossing and enrolling.Senate

Jun 29, 2026Urgency clause adopted.Senate

Jun 29, 2026Unanimous consent granted to take up without reference to file.Senate

Jun 29, 2026In Senate. Concurrence in Assembly amendments pending.Senate

Jun 29, 2026Read third time. Urgency clause adopted. Passed. (Ayes 75. Noes 0. Page 5913.) Ordered to the Senate.Assembly

Show 34 earlier actions

Jun 23, 2026Ordered to third reading.Assembly

Jun 23, 2026Read third time and amended.Assembly

Jun 22, 2026Ordered to third reading.Assembly

Jun 22, 2026From inactive file.Assembly

Jun 18, 2026Notice of intention to remove from inactive file given by Assembly Member Garcia.Assembly

Aug 21, 2025Ordered to inactive file on request of Assembly Member Aguiar-Curry.Assembly

Aug 21, 2025Read second time. Ordered to third reading.Assembly

Aug 20, 2025From committee: Do pass. (Ayes 15. Noes 0.) (August 20).Assembly

Jul 9, 2025From committee: Do pass and re-refer to Com. on APPR. (Ayes 13. Noes 0.) (July 8). Re-referred to Com. on APPR.Assembly

Jul 8, 2025From committee: Do pass and re-refer to Com. on P. & C.P. (Ayes 9. Noes 0.) (July 7). Re-referred to Com. on P. & C.P.Assembly

Jun 27, 2025Assembly Rule 56 suspended.Assembly

Jun 17, 2025June 23 hearing postponed by committee.Assembly

Jun 9, 2025Referred to Coms. on B. & F. and P. & C.P.Assembly

Jun 4, 2025In Assembly. Read first time. Held at Desk.Assembly

Jun 3, 2025Read third time. Passed. (Ayes 38. Noes 0. Page 1438.) Ordered to the Assembly.Senate

Jun 2, 2025Read second time. Ordered to third reading.Senate

May 29, 2025Ordered to second reading.Senate

May 29, 2025Read third time and amended.Senate

May 1, 2025Ordered to third reading.Senate

May 1, 2025From consent calendar on motion of Senator Gonzalez.Senate

Apr 29, 2025Read second time. Ordered to consent calendar.Senate

Apr 28, 2025From committee: Be ordered to second reading pursuant to Senate Rule 28.8 and ordered to consent calendar.Senate

Apr 17, 2025Set for hearing April 28.Senate

Apr 10, 2025Read second time and amended. Re-referred to Com. on APPR.Senate

Apr 9, 2025From committee: Do pass as amended and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 13. Noes 0. Page 705.) (April 8).Senate

Apr 3, 2025From committee: Do pass and re-refer to Com. on JUD. with recommendation: To consent calendar. (Ayes 7. Noes 0. Page 632.) (April 2). Re-referred to Com. on JUD.Senate

Mar 25, 2025Set for hearing April 8 in JUD. pending receipt.Senate

Mar 24, 2025From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.Senate

Mar 20, 2025Set for hearing April 2.Senate

Mar 19, 2025Re-referred to Coms. on B. & F.I. and JUD.Senate

Mar 12, 2025From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.Senate

Feb 5, 2025Referred to Com. on RLS.Senate

Jan 24, 2025From printer. May be acted upon on or after February 23.Senate

Jan 23, 2025Introduced. Read first time. To Com. on RLS. for assignment. To print.Senate

Recorded votes

Do pass, but first be re-referred to the Committee on [Judiciary] with the recommendation: To Consent CalendarApr 2, 2025 · Senate · 7 yea · 0 nayPassed

Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] with the recommendation: To Consent CalendarApr 8, 2025 · Senate · 13 yea · 0 nayPassed

Senate 3rd Reading SB97 GraysonJun 3, 2025 · Senate · 38 yea · 0 nayPassed

Do pass and be re-referred to the Committee on [Privacy and Consumer Protection]Jul 7, 2025 · Assembly · 9 yea · 0 nayPassed

Do pass and be re-referred to the Committee on [Appropriations]Jul 8, 2025 · Assembly · 13 yea · 0 nayPassed

Do passAug 20, 2025 · Assembly · 15 yea · 0 nayPassed

W/O REF. TO FILE SB97 GraysonJun 29, 2026 · Senate · 38 yea · 0 nayPassed

SB 97 Grayson Third Reading Urgency By Blanca RubioJun 29, 2026 · Assembly · 75 yea · 0 nayPassed

Read the bill at the source

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