Attorneys.
Summary
Existing law, the State Bar Act, provides for the licensure and regulation of attorneys by the State Bar of California, a public corporation. Existing law requires an attorney or law firm receiving or disbursing trust funds to establish and maintain an IOLTA account, as defined, in which the attorney or law firm is required to deposit or invest all specified client deposits or funds. Existing law requires an attorney or law firm establishing an IOLTA account to report IOLTA account compliance and all other IOLTA account information required by the State Bar in the manner specified by the State Bar. This bill would make a technical correction to a definition related to IOLTA accounts.
Bill status
passed
3 of 5 stages cleared
Introduction
Mar 2015
Committee Review
May 2015
Assembly Passage
Apr 2015
Senate Passage
Governor
Introduced Mar 10, 2015
Last action May 7, 2015
Floor votes · Assembly Apr 16, 2015
How they voted
47–19
Passed · 6 other
Total votes 72
Apr 16, 2015
D
Democratic47
95% Yea
I
Independent1
100% Nay
R
Republican24
70% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
9
Key actions
3
Committee
4
May 7, 2015
Committee
Referred to Com. on JUD.
upper
Apr 16, 2015
Assembly · Passed
Assembly Vote: pass (47-19-6)
assembly
Apr 14, 2015
Lower · Passed
From committee: Do pass. (Ayes 8. Noes 1.) (April 14).
lower
Apr 6, 2015
Committee
Referred to Com. on JUD.
lower
Mar 11, 2015
Lower · Passed
From printer. May be heard in committee April 10.
lower
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about AB 1523
Scope: CA
Hi! I can help you understand AB 1523. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline