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Financial Empowerment Fund: unbanked and underbanked populations.

It became law on Oct 2, 2019.

CA SB 455 · Senate Bill · 2019–2020

Stage
Became law
Started in
Senate
Sponsors
3
Latest action
Oct 2, 2019

What it does

Existing law establishes the Department of Business Oversight, which is responsible for the administration and enforcement of regulations on the activities of various financial entities, including commercial banks, industrial banks, trust companies, credit unions, and savings and loan associations. Existing law requires specified fees, reimbursements, assessments, and other moneys collected by the Division of Corporations within the department to be deposited into the State Corporations Fund for specified purposes.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Oct 2, 2019

What moved

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Who is involved

Sponsors

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

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.

Work with this bill

Financial Empowerment Fund: unbanked and underbanked populations. | 52