# Senate Bill 54

Type: legislation

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/senate-bill-54-legislation
Canonical HTML page: https://getlegalbrief.com/entity/senate-bill-54-legislation

## Timeline

- **2026-04-01**: First Annual Report Due — Submission of the first comprehensive demographic report based on 2025 investment activity.
- **2026-03-01**: Registration Deadline — Covered entities must register with the DFPI via the VCC Registration Portal.
- **2025-01-01**: Data Collection Begins — Firms must begin tracking demographic data for all investments made throughout the 2025 calendar year.

## Recent coverage (1 stories)

### California's VC Diversity Law: Compliance Deadlines and Strategic Impact
2026-03-03 19:22:23 · Sentiment: Neutral · Impact: 7/10 · Sources: 2

California is implementing the Fair Investment Practices by Venture Capital Companies Law (FIPVCC), requiring VC firms with a state nexus to report demographic data of portfolio founders. With registration due by March 1, 2026, and the first annual report by April 1, 2026, firms must urgently audit their data collection and privacy protocols.
Full story: https://getlegalbrief.com/story/california-vc-diversity-reporting-fipvcc-compliance

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