Finance lenders: exemptions.
Summary
Existing law, the California Finance Lenders Law, provides for the licensure and regulation of finance lenders and brokers by the Department of Financial Institutions. Existing law exempts specified entities from the provisions of the California Finance Lenders Law. This bill would add community advantage lenders, as defined, to the list of entities exempted from the provisions of this law.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2012
Committee Review
Aug 2012
Senate Passage
Apr 2012
Assembly Passage
Aug 2012
Signed into Law
Sep 2012
Introduced Jan 19, 2012
Signed Sep 14, 2012
Floor votes · Senate Apr 26, 2012 · Assembly Aug 9, 2012
How they voted
30–0
Passed · 1 other
Total votes 31
Apr 26, 2012
D
Democratic20
95% Yea
R
Republican11
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
22
Key actions
6
Committee
3
Amendments
3
Sep 14, 2012
Signed into law
Approved by the Governor.
legislature
Aug 23, 2012
Upper · Passed
Assembly amendments concurred in. (Ayes 37. Noes 0. Page 4781.) Ordered to engrossing and enrolling.
upper
Aug 9, 2012
Assembly · Passed
Assembly Vote: pass (68-0-2)
assembly
Aug 9, 2012
Introduced
In Senate. Concurrence in Assembly amendments pending.
upper
Jul 3, 2012
Lower · Passed
From committee: Do pass as amended. (Ayes 11. Noes 0.) (July 2).
lower
May 3, 2012
Committee
Referred to Com. on B. & F.
lower
Apr 26, 2012
Senate · Passed
Senate Vote: pass (30-0-1)
senate
Apr 11, 2012
Upper · Passed
From committee: Do pass as amended. (Ayes 6. Noes 0. Page 3118.) (April 11).
upper
Feb 2, 2012
Committee
Referred to Com. on B. & F.I.
upper
Jan 19, 2012
Introduced
Introduced. Read first time. To Com. on RLS. for assignment. To print.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
JV
Juan Vargas
DDemocratic
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