AB-1781 • 2026

Federal Home Loan Banks.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Michelle Rodriguez
Last action: 2026-06-10
Official status: From committee: Do pass and re-refer to Com. on JUD. with recommendation: To Consent Calendar. (Ayes 6. Noes 0.) (June 10). Re-referred to Com. on JUD.
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Federal Home Loan Banks.

AB 1781, as introduced, Michelle Rodriguez.

What This Bill Does

AB 1781, as introduced, Michelle Rodriguez.
Federal Home Loan Banks.
Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and generally regulates the business of insurance in the state.
Existing law generally regulates insolvency and delinquency proceedings for insurers.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-06-10 California Legislative Information
From committee: Do pass and re-refer to Com. on JUD. with recommendation: To Consent Calendar. (Ayes 6. Noes 0.) (June 10). Re-referred to Com. on JUD.
2026-05-06 California Legislative Information
Referred to Coms. on INS. and JUD.
2026-04-23 California Legislative Information
In Senate. Read first time. To Com. on RLS. for assignment.
2026-04-23 California Legislative Information
Read third time. Passed. Ordered to the Senate. (Ayes 74. Noes 0. Page 4795.)
2026-04-16 California Legislative Information
Read second time. Ordered to Consent Calendar.
2026-04-15 California Legislative Information
From committee: Do pass. To Consent Calendar. (Ayes 17. Noes 0.) (April 15).
2026-03-16 California Legislative Information
Referred to Com. on INS.
2026-02-10 California Legislative Information
From printer. May be heard in committee March 12.
2026-02-09 California Legislative Information
Read first time. To print.

Official Summary Text

AB 1781, as introduced, Michelle Rodriguez.
Federal Home Loan Banks.
Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and generally regulates the business of insurance in the state. Existing law generally regulates insolvency and delinquency proceedings for insurers.
This bill would prohibit a Federal Home Loan Bank (FHLB) from being stayed, enjoined, or prohibited from exercising or enforcing any right or cause of action against collateral pledged by an insurer-member or an FHLB insurer-member under any FHLB security agreement, as specified.
Existing law generally provides for the voiding of specified transfers during insolvency proceedings for insurers.
This bill would prohibit a receiver, rehabilitator, liquidator, or conservator from voiding any transfer of, or any obligation to transfer,
money or other property arising under or in connection with any FHLB security agreement with an insurer-member unless the transfer was made with actual intent to hinder, delay, or defraud either existing or future creditors.
This bill would define terms for purposes of these provisions.

Current Bill Text

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