Back to California

AB-2409 • 2026

Digital assets: meme coins.

Digital assets: meme coins.

Labor
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Valencia
Last action
Official status
Senate - Third Reading
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.

Digital assets: meme coins.

AB 2409, as amended, Valencia.

What This Bill Does

  • AB 2409, as amended, Valencia.
  • Digital assets: meme coins.
  • Existing law prohibits a state officer or employee from engaging in any employment, activity, or enterprise that is clearly inconsistent, incompatible, in conflict with, or inimical to their duties.
  • Existing law also prohibits specified local agency officers or employees from engaging in any employment, activity, or enterprise for compensation that is inconsistent, incompatible, or in conflict with, or inimical to, their duties, as specified.

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

  1. California Legislative Information

    Senate - Third Reading

Official Summary Text

Digital assets: meme coins.