Bill Text: CA AB1229 | 2023-2024 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Unincorporated associations: decentralized nonprofit associations.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2024-02-01 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB1229 Detail]

Download: California-2023-AB1229-Introduced.html

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CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Assembly Bill

No. 1229

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Introduced by Assembly Member Haney

February 16, 2023

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An act relating to associations.

LEGISLATIVE COUNSEL'S DIGEST

AB 1229, as introduced, Haney. Associations.

Existing law sets forth certain requirements and other provisions applicable to unincorporated associations, including nonprofit associations, as those terms are defined.

This bill would state the intent of the Legislature to enact legislation to create a category within existing statutes related to unincorporated associations and nonprofit associations appropriate for the decentralized operations of blockchain networks and smart contract protocols.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 It is the intent of the Legislature to enact legislation to create a category within existing statutes related to unincorporated associations and nonprofit associations appropriate for the decentralized operations of blockchain networks and smart contract protocols.