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California Financing Law: commercial loans: investment advisers.

Committee hearing: it can still change before the session ends.

CA SB 972 · Senate Bill · 2025–2026

Stage
Committee hearing
Started in
Senate
Sponsor
1
Latest action
May 14, 2026

What it does

Existing law, the California Financing Law, generally regulates the business of finance lenders and brokers and prohibits any person from engaging in those businesses without obtaining a license from the Commissioner of Financial Protection and Innovation. Existing law also imposes various requirements on licensees who offer or sell commercial loans, as defined.

Read the full text

Where it stands

  1. Introduced (Done)

  2. Committee (Current step)

    Committee hearing · May 14, 2026

  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: commercial loans: investment advisers. | 52