AB-2686 • 2026

Financial institutions.

Children

Passed Legislature

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

Sponsor: Johnson
Last action: 2026-02-21
Official status: From printer. May be heard in committee March 23.
Effective date: Not listed

Plain English Breakdown

The official source material does not provide specific details about who will be affected beyond mentioning financial institutions in California. The summary also does not specify what exactly is being updated or renamed, only that it involves nonsubstantive changes to the provision naming the law.

Changes to Financial Institution Laws

The bill makes minor, non-substantive changes to California's laws regarding financial institutions.

What This Bill Does

Makes nonsubstantive changes to the provision in the Financial Code that names the law.

Who It Names or Affects

Financial institutions in California
People who work with or regulate financial institutions

Terms To Know

Nonsubstantive changes: Changes made to improve the clarity or organization of a law without changing its meaning or requirements.

Limits and Unknowns

The bill does not change how financial institutions are regulated or licensed.
It only updates the names and titles in the Financial Code, which means it doesn't add new rules for banks or other money-related businesses to follow.

Bill History

2026-02-21 California Legislative Information
From printer. May be heard in committee March 23.
2026-02-20 California Legislative Information
Read first time. To print.

Official Summary Text

AB 2686, as introduced, Johnson.
Financial institutions.
Existing law, the Financial Code, provides for the licensure and regulation of various types of financial institutions.
This bill would make nonsubstantive changes to the provision that names that law.

Current Bill Text

Read the full stored bill text

Download Bill PDF