California 20252026 Regular Session Status: Introduced 2 D cosponsors

AB 2243 — State Bank Act.

Last action — In committee: Held under submission.

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Assembly. Introduced February 19, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Stalled 30% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • Introduced

    Current position in the legislative process.

  • 2 sponsors

    1 primary, 1 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (2 D).

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

The State Bank Act establishes a commission to develop a state bank plan in California.

The State Bank Act creates the State Bank Commission, tasked with developing a state bank plan by June 1, 2028. It will include public input through hearings before the plan is voted on and potentially adopted.

Summary

The Bergeson-Peace Infrastructure and Economic Development Bank Act creates within the Governor's Office of Business and Economic Development the Infrastructure and Economic Development Bank and requires it to administer the act, which, among other things, provides for the financing of certain economic development projects. This bill, the State Bank Act, would create in state government the State Bank Commission and provide for its membership, as prescribed. This bill would require, on or before June 1, 2028, the commission to develop a state bank plan that addresses various items with respect to creating a state bank, including a state guarantee of public deposits, including those held by public banks. The bill would require, on or before January 1, 2028, the commission to hold at least 2 public hearings to solicit input on the state bank plan from members of the public and, by July 1, 2028, vote whether to adopt the state bank plan. The bill would require, if the commission adopts by a majority vote the state bank plan, the commission to publish the state bank plan and the fact of its adoption on its internet website.

Bill Text

Action History

  1. In committee: Held under submission.

  2. In committee: Set, first hearing. Referred to APPR. suspense file.

  3. From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 2.) (April 23). Re-referred to Com. on APPR.

  4. Re-referred to Com. on B. & F.

  5. From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.

  6. From committee: Do pass and re-refer to Com. on B. & F. (Ayes 5. Noes 2.) (April 14). Re-referred to Com. on B. & F.

  7. Re-referred to Com. on E.D., G., & H.I.

  8. From committee chair, with author's amendments: Amend, and re-refer to Com. on E.D., G., & H.I. Read second time and amended.

  9. Referred to Coms. on E.D., G., & H.I. and B. & F.

  10. From printer. May be heard in committee March 22.

  11. Read first time. To print.

Sponsors

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 120 not signed on · 4 voted No

Sponsors (1)

Co-sponsors (1)

Not signed on (120)

120 members have not signed on to this bill.

Show all 120 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Do pass and be re-referred to the Committee on [Appropriations]

Passed 7 Yea · 2 Nay
Party YeaNayPresentNot Voting
Democratic 7000
Republican 0200
Total 7200
% of votes cast 78%22%0%0%
How each member voted (9)
Member Party Vote
Fong, Mike Democratic Yea
Harabedian, John Democratic Yea
Krell, Maggy Democratic Yea
Rodriguez, Michelle Democratic Yea
Rubio, Blanca E. Democratic Yea
Schiavo, Pilar Democratic Yea
Valencia, Avelino Democratic Yea
Chen, Phillip Republican Nay
Dixon, Diane Republican Nay

Official roll call →

Do pass and be re-referred to the Committee on [Banking and Finance]

Passed 5 Yea · 2 Nay · 1 Other
Party YeaNayPresentNot Voting
Democratic 5001
Republican 0200
Total 5201
% of votes cast 63%25%0%13%
How each member voted (8)
Member Party Vote
Muratsuchi, Al Democratic Not Voting
Patel, Darshana R. Democratic Yea
Petrie-Norris, Cottie Democratic Yea
Rodriguez, Michelle Democratic Yea
Solache, Jr., José Luis Democratic Yea
Soria, Esmeralda Democratic Yea
Castillo, Leticia Republican Nay
Wallis, Greg Republican Nay

Official roll call →

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 2243 do?
The Bergeson-Peace Infrastructure and Economic Development Bank Act creates within the Governor's Office of Business and Economic Development the Infrastructure and Economic Development Bank and requires it to administer the act, which, among other things, provides for the financing of certain economic development projects. This bill, the State Bank Act, would create in state government the State Bank Commission and provide for its membership, as prescribed. This bill would require, on or before June 1, 2028, the commission to develop a state bank plan that addresses various items with respect to creating a state bank, including a state guarantee of public deposits, including those held by public banks. The bill would require, on or before January 1, 2028, the commission to hold at least 2 public hearings to solicit input on the state bank plan from members of the public and, by July 1, 2028, vote whether to adopt the state bank plan. The bill would require, if the commission adopts by a majority vote the state bank plan, the commission to publish the state bank plan and the fact of its adoption on its internet website.
Who sponsors AB 2243?
AB 2243 is sponsored by Kalra, Ash (Democratic) and Haney, Matt (Democratic).
What is the current status of AB 2243?
This bill has been introduced in the Assembly. Introduced February 19, 2026. It must pass committee before a floor vote.
Where can I track AB 2243?
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