- Stage
- Became law
- Started in
- Assembly
- Sponsor
- 1
- Latest action
- Oct 4, 2021
What it does
Existing law regulates various practices related to debt, including its sale and collection. Existing law, for purposes of debt collection, defines "consumer debt" as, among other things, money due or owing or alleged to be due or owing from a natural person by reason of a consumer credit transaction. Existing law, the Check Sellers, Bill Payers and Proraters Law, prohibits a person from engaging in the business of acting as a prorater without first obtaining a license from the Commissioner of Financial Protection and Innovation and defines a "prorater" as, among other things, a person who, for compensation, engages in the business of receiving money for the purpose of distributing the…
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
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.