AB-665 • 2026

Commissioner of Financial Protection and Innovation: report: Office of the Ombuds.

Technology

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Chen
Last action: 2025-10-01
Official status: Chaptered by Secretary of State - Chapter 162, Statutes of 2025.
Effective date: Not listed

Plain English Breakdown

Official source does not provide details about how much information is required or potential impacts on public use of financial services.

Commissioner's Report: Adding Information About the Ombuds

This law requires the Commissioner of Financial Protection and Innovation to include information about actions taken by the Office of the Ombuds in their annual report.

What This Bill Does

Requires the Commissioner to add details about the Office of the Ombuds to the annual report.

Who It Names or Affects

The Commissioner of Financial Protection and Innovation
People who read the annual reports

Terms To Know

Ombuds: A person or office that helps people solve problems with financial services.
Annual Report: A yearly report that shows what happened in the past year.

Limits and Unknowns

The bill does not specify how much information about the Ombuds must be included.
It is unclear if this law will change how people use financial services.

Bill History

2025-10-01 California Legislative Information
Chaptered by Secretary of State - Chapter 162, Statutes of 2025.
2025-10-01 California Legislative Information
Approved by the Governor.
2025-09-02 California Legislative Information
Enrolled and presented to the Governor at 3 p.m.
2025-08-26 California Legislative Information
In Assembly. Ordered to Engrossing and Enrolling.
2025-08-25 California Legislative Information
Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 2251.).
2025-08-20 California Legislative Information
Read second time. Ordered to Consent Calendar.
2025-08-19 California Legislative Information
From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar.
2025-07-03 California Legislative Information
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (July 2). Re-referred to Com. on APPR.
2025-06-04 California Legislative Information
Referred to Com. on B. & F.I.
2025-05-28 California Legislative Information
In Senate. Read first time. To Com. on RLS. for assignment.
2025-05-27 California Legislative Information
Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 1730.)
2025-05-15 California Legislative Information
Read second time. Ordered to third reading.
2025-05-14 California Legislative Information
From committee: Do pass. (Ayes 15. Noes 0.) (May 14).
2025-04-29 California Legislative Information
From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (April 28). Re-referred to Com. on APPR.
2025-04-28 California Legislative Information
Joint Rule 62(a) suspended. (Page 1307.)
2025-03-03 California Legislative Information
Referred to Com. on B.&F.
2025-02-15 California Legislative Information
From printer. May be heard in committee March 17.
2025-02-14 California Legislative Information
Read first time. To print.

Official Summary Text

AB 665, Chen.
Commissioner of Financial Protection and Innovation: report: Office of the Ombuds.
The California Consumer Financial Protection Law requires the Commissioner of Financial Protection and Innovation to prepare and publish on the Department of Financial Protection and Innovation’s internet website an annual report detailing actions taken during the prior year under the law and requires the report to include information on actions taken with respect to, among other things, the activities of the Financial Technology Innovation Office.
This bill would additionally require the report to include information on actions taken with respect to the Office of the Ombuds.

Current Bill Text

Read the full stored bill text

Download Bill PDF