- Stage
- Became law
- Started in
- Senate
- Sponsor
- 1
- Latest action
- Oct 13, 2023
What it does
Existing law generally regulates the loaning of money, including the calculation of interest rates. Existing law, the California Financing Law (CFL) , prohibits a person from engaging in the business of a finance lender or broker without obtaining a license from the Commissioner of Financial Protection and Innovation. The CFL generally regulates commercial loans made by licensees.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
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Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
Once a bill is decided, the questions are about what is done with it in California.