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Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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AB-2446 • 2026

Attorney General: investigations: prediction market wagering.

Attorney General: investigations: prediction market wagering.

Passed Legislature

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

Sponsor
Sharp-Collins
Last action
2026-03-24
Official status
Re-referred to Com. on G.O.
Effective date
Not listed

Plain English Breakdown

The official source material does not provide details on what happens after an investigation is done, leaving this aspect uncertain.

Attorney General: Investigating Prediction Market Wagering

The bill requires the Attorney General to investigate large payouts from prediction market wagering if they relate to national security issues.

What This Bill Does

  • Requires the Attorney General to look into any payout of $5,000 or more from prediction market betting when it involves a matter of national security.

Who It Names or Affects

  • The Attorney General
  • People who make large payouts from prediction market betting related to national security

Terms To Know

Prediction Market Wagering
A type of betting where people predict the outcome of future events.
National Security
The safety and protection of a country from threats like terrorism, espionage, or cyber attacks.

Limits and Unknowns

  • Does not say what happens after an investigation is done.
  • Only applies to payouts over $5,000 related to national security issues.

Bill History

  1. 2026-03-24 California Legislative Information

    Re-referred to Com. on G.O.

  2. 2026-03-23 California Legislative Information

    From committee chair, with author's amendments: Amend, and re-refer to Com. on G.O. Read second time and amended.

  3. 2026-03-23 California Legislative Information

    Referred to Coms. on G.O. and JUD.

  4. 2026-02-21 California Legislative Information

    From printer. May be heard in committee March 23.

  5. 2026-02-20 California Legislative Information

    Read first time. To print.

Official Summary Text

AB 2446, as amended, Sharp-Collins.
State government: sovereignty.
Attorney General: investigations: prediction market wagering.
Existing law establishes the Department of Justice under the direction and control of the Attorney General and requires the department to, among other things, maintain a continuing investigation on a statewide basis of investment frauds and business crimes.
This bill would require the Attorney General to investigate any payout of $5,000 or more received as a result of prediction market wagering if the event outcome was a matter of national security.
Existing law provides that the sovereignty of the state resides in the people thereof, and all writs and processes shall issue in their name.
This bill would make a nonsubstantive change to these provisions.

Current Bill Text

Read the full stored bill text 
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