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Qualifying accounts for direct deposit of publicly administered funds.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA AB 2540 · Assembly Bill · 2021–2022

Stage
Session ended
Started in
Assembly
Sponsor
1
Latest action
Jun 10, 2022

What it does

Existing law requires unemployment compensation benefits administered by the Employment Development Department (EDD) , child support payments made through the State Disbursement Unit of the Department of Child Support Services, and specified public assistance payments, including payments made under the California Work Opportunity and Responsibility to Kids (CalWORKs) program, that are directly deposited to an account of the recipient's choice to be deposited into a qualifying account. Existing law defines "qualifying account" for those purposes to mean, among others, a prepaid account or a demand deposit or savings account offered by or through an entity other than an insured depository…

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Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Jun 10, 2022

  4. Law (Needs attention)

    The session ended first

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

Qualifying accounts for direct deposit of publicly administered funds. | 52