Pilot Program for Increased Access to Responsible Small Dollar Loans.
It became law on Sep 25, 2020.
- Stage
- Became law
- Started in
- Assembly
- Sponsors
- 4
- Latest action
- Sep 25, 2020
What it does
Existing law, the California Financing Law, generally provides for the licensure and regulation of finance lenders and brokers by the Commissioner of Business Oversight and makes a willful violation of its provisions a crime, except as provided. That law, until January 1, 2023, establishes the Pilot Program for Increased Access to Responsible Small Dollar Loans.
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.
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.