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Bills

AB 2980: Fictitious business names: county recorder: statements: blockchain technology.

  • Session Year: 2023-2024
  • House: Assembly

Current Status:

Failed

(2024-06-24: In committee: Set, first hearing. Hearing canceled at the request of author.)

Introduced

First Committee Review

First Chamber

Second Committee Review

Second Chamber

Enacted

Version:

Existing law requires every person who regularly transacts business in California for profit under a fictitious business name to file and maintain a current fictitious business name statement. Existing law requires the county clerk to provide any person who so requests a certified copy of any statement, as defined, on file in the county clerks office for a fee of $2.

This bill would authorize a county clerk to, upon request, issue a statement using blockchain technology, as defined.

Existing law establishes various county offices, including the office of the recorder. Existing law requires the recorder to, among other things, accept for recordation any instrument, paper, or notice that is authorized or required to be recorded, as provided. Existing law requires the recorder to maintain various indices of specified documents and records. Existing law, the Electronic Recording Delivery Act of 2004, authorizes, among other things, a county recorder, upon approval by a resolution of the board of supervisors and system certification by the Attorney General, to establish an electronic recording delivery system for the delivery and recording of specified digitized and digital electronic records, subject to specified conditions.This bill would authorize, until January 1, 2030, the recorder to cross-reference any property record using blockchain technology, as defined. The bill would require the county board of supervisors, before the county recorder is authorized to use blockchain technology for the purposes of these provisions, to adopt a resolution detailing findings, as specified. The bill would require any use of blockchain technology under these provisions to be consistent with applicable requirements under the Electronic Recording Delivery Act of 2004.

Discussed in Hearing

Assembly Floor1MIN
May 21, 2024

Assembly Floor

Assembly Standing Committee on Privacy and Consumer Protection13MIN
Apr 30, 2024

Assembly Standing Committee on Privacy and Consumer Protection

View Older Hearings

Bill Author

Avatar: Evan Low
Evan Low

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