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AB 801

Nondiscrimination.

2025-2026 Regular Session Introduced by Mia Bonta and 10 co-sponsors

California bill creates state-level community reinvestment requirements for financial institutions to increase lending and investment in underserved communities, passing Assembly with 45-15 vote.

From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 11. Noes 2.) (June 30).
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Bill Summary · AB 801

Legislative bill overview

AB 801 establishes a California Community Reinvestment Act that requires financial institutions to meet community reinvestment obligations, likely modeled on the federal Community Reinvestment Act (CRA). The bill has passed the Assembly and is currently in the Senate, where a hearing was recently scheduled but then canceled at the author's request.

Why is this important

Community reinvestment requirements directly affect lending patterns in underserved communities, influencing access to credit for small businesses, home mortgages, and community development projects. The outcome will determine whether California imposes additional regulatory obligations on banks beyond federal CRA requirements and how strictly those obligations are enforced.

Potential points of contention

  • Regulatory burden on financial institutions: Banks may argue that state-level CRA requirements duplicate federal oversight and increase compliance costs, particularly for smaller regional institutions
  • Definition and measurement of "community reinvestment": Disagreement likely exists over what activities qualify, how to measure compliance, and which communities receive priority focus
  • Enforcement mechanisms and penalties: The specifics of how violations are addressed and what consequences institutions face could be contentious between consumer advocates and the financial industry

Compiled from official sources — confirm details with the bill’s official record.

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