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California Financing Law.

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

CA SB 270 · Senate Bill · 2019–2020

Stage
Session ended
Started in
Senate
Sponsor
1
Latest action
Feb 3, 2020

What it does

Existing law, the California Financing Law (CFL) , provides for the licensure and regulation of finance lenders and brokers by the Commissioner of Business Oversight. The CFL defines charges for its purposes to include specified types of transactions. The CFL also specifies that charges do not include, among other things, fees paid to a licensee for the privilege of participating in an open-end-credit program.

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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 (Current step)

    Introduced · Feb 3, 2020

  2. Committee (Needs attention)

    The session ended first

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

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

In the news

Reporting that may mention this subject. Possible matches are labeled.

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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

California Financing Law. | 52