- Stage
- Became law
- Started in
- Senate
- Sponsor
- 1
- Latest action
- Aug 19, 2024
What it does
Existing law prohibits a covered entity, as defined, from charging certain fees in connection with a commercial financing transaction with a small business or small business owner, including a fee for monitoring the small business' collateral, unless the underlying commercial financing transaction is delinquent for more than 60 days.
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.
- Committee on Banking and Financial Institutions
In the news
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Where it goes next
Once a bill is decided, the questions are about what is done with it in California.