California Financing Law.
Summary
Existing law, the California Financing Law (CFL) , provides for the licensure and regulation of finance lenders and brokers by the Commissioner of Business Oversight. The CFL defines charges for its purposes to include specified types of transactions. The CFL also specifies that charges do not include, among other things, fees paid to a licensee for the privilege of participating in an open-end-credit program. This bill would make nonsubstantive changes to that provision specifying items that are not charges for purposes of the CFL.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 13, 2019
Last action Feb 3, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Feb 21, 2019
Committee
Referred to Com. on RLS.
upper
Feb 13, 2019
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
Ling Ling Chang
RRepublican
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