2025-2026 Regular Session • California Legislature
SB728: California Consumer Financial Protection Law: commercial financing.
Legislative Summary
An act to amend Section 94918.5 of the Education Code, and to amend Sections 90000, 90002, 90003, and 90005 of, and to add Sections 90004.1 and 90009.1 to, the Financial Code, relating to financial institutions.
Demographic Impact
Overall analysis of equity impact
Neutral
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Bill History
2/21/2025
Introduced. To Com. on RLS. for assignment. To print.
Senate
2/24/2025
From printer. May be acted upon on or after March 24.
Senate
2/24/2025
Read first time.
Senate
3/12/2025
Referred to Com. on RLS.
Senate
3/25/2025
From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.
Senate
3/28/2025
Set for hearing April 7 in B. & F.I. pending receipt.
Senate
4/2/2025
Re-referred to Coms. on B. & F.I. and JUD.
Senate
4/8/2025
From committee: Do pass and re-refer to Com. on JUD. (Ayes 5. Noes 0.) (April 7). Re-referred to Com. on JUD.
Senate
4/9/2025
Set for hearing April 22.
Senate
4/23/2025
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (April 22).
Senate
4/24/2025
Read second time and amended. Re-referred to Com. on APPR.
Senate
Roll Call Votes
Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations]
4/22/2025
12
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Do pass, but first be re-referred to the Committee on [Judiciary]
4/7/2025
5
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED
Status Information
Current Status
Introduced(2/21/2025)
Chamber
Senate
Committee
Appropriations(Senate)
Sponsors
Democrat: 1
Primary Sponsor
Steve Padilla
Democrat