AB 2421 California Assembly · 2025-2026 Regular Session

Political Reform Act of 1974: committee termination.

Summary
The Political Reform Act of 1974 provides for the comprehensive regulation of campaign financing, including requiring the filing of reports of contributions and expenditures. The act requires committees and candidates to terminate their filing obligation, as provided by the Fair Political Practices Commission by regulation, ensuring that the committee or candidate will have no activity that must be disclosed subsequent to the termination. This bill would provide that if the Secretary of State determines that either of 2 conditions is present, the Secretary of State must provide notice to committees that receive contributions totaling $2,000 or more per year that the committee may be terminated 180 days after the notice is sent. Those conditions are: 1) The committee failed to submit a campaign report for at least the preceding 12 months and either had an ending cash balance of $3,000 or less on its last campaign statement or had an ending cash balance of $5,000 or less on its last campaign statement and owes $2,000 or more to the controlling candidate; 2) The committee filed a statement of organization in error. The bill would specify that if an objection to the termination notice is not filed by the committee or the commission with the Secretary of State within 180 days after the notice is sent, the Secretary of State may terminate the committee. The Political Reform Act of 1974, an initiative measure, provides that the Legislature may amend the act to further the act's purposes upon a 23 vote of each house of the Legislature and compliance with specified procedural requirements. This bill would declare that it furthers the purposes of the act.
Bill status signed all 5 stages cleared
Introduction
Feb 2026
Committee Review
Jun 2026
Assembly Passage
May 2026
Senate Passage
Jun 2026
Signed into Law
Jul 2026
Introduced Feb 20, 2026 Signed Jul 13, 2026
Maddy AI version diff · 6 comparisons

What changed between versions

07/13/26 - Chaptered AB2421 · 2 edits
MINOR
No substantive policy changes occurred between these two versions. The bill content (amending Section 82013 and adding Section 84214.5 of the Government Code) is identical in both versions. The difference is purely presentational: the document was converted from its formal chaptered layout into a web page display format with navigation elements, version history, and metadata.
TECHNICAL

The document was reformatted from an official chaptered legislative document (with page numbers, 'STATE OF CALIFORNIA / AUTHENTICATED' header, and formal layout) into a web-based display format including site navigation, version history list, and publication metadata.

A typographic fraction character (2/3 using the Unicode fraction slash) in the legislative counsel's digest was replaced with a plain text '2/3' for web compatibility.

Floor votes · Senate Jun 25, 2026 · Assembly May 14, 2026

How they voted

360
Passed · 4 other
Total votes 40
Jun 25, 2026
D Democratic30
29 Yea 1
96% Yea
R Republican10
7 Yea 3
70% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
23
Key actions
9
Committee
10
Amendments
4
Jul 13, 2026
Signed into law
Approved by the Governor.
legislature
Jun 25, 2026
Lower · Passed
In Assembly. Ordered to Engrossing and Enrolling.
lower
Jun 25, 2026
Upper · Passed
Read third time. Passed. Ordered to the Assembly. (Ayes 36. Noes 0. Page 5015.).
upper
Jun 22, 2026
Upper · Passed
From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar.
upper
Jun 9, 2026
Upper · Passed
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 5. Noes 0.) (June 9). Re-referred to Com. on APPR.
upper
May 27, 2026
Committee
Referred to Com. on E. & C.A.
upper
May 14, 2026
Lower · Passed
Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 5056.)
lower
May 6, 2026
Lower · Passed
From committee: Do pass. To Consent Calendar. (Ayes 14. Noes 0.) (May 6).
lower
Apr 20, 2026
Committee
Re-referred to Com. on APPR.
lower
Apr 16, 2026
Lower · Passed
Read second time and amended.
lower
Apr 15, 2026
Introduced
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 8. Noes 0.) (April 15).
lower
Apr 7, 2026
Committee
Re-referred to Com. on ELECTIONS.
lower
Apr 6, 2026
Introduced
From committee chair, with author's amendments: Amend, and re-refer to Com. on ELECTIONS. Read second time and amended.
lower
Mar 17, 2026
Committee
Re-referred to Com. on ELECTIONS.
lower
Mar 16, 2026
Introduced
From committee chair, with author's amendments: Amend, and re-refer to Com. on ELECTIONS. Read second time and amended.
lower
Mar 16, 2026
Committee
Referred to Com. on ELECTIONS.
lower
Feb 21, 2026
Lower · Passed
From printer. May be heard in committee March 23.
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Avelino Valencia
Avelino Valencia
DDemocratic
CA
68