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Updated:   2026-07-18

AB 493

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Measure AB 493
Authors Harabedian  
Coauthors: Pérez  
Subject Mortgages: hazard insurance proceeds.
Relating To relating to mortgages.
Title An act to add Section 2954.85 to the Civil Code, and to amend Section 50202 of the Financial Code, relating to mortgages, and declaring the urgency thereof, to take effect immediately.
Last Action Dt 2025-08-29
State Chaptered
Status Chaptered
Flags
Vote Req Approp Fiscal Cmte Local Prog Subs Chgs Urgency Tax Levy Active?
Two Thirds No Yes No None Yes No Y
Leginfo Link  
Bill Actions
2025-08-29     Chaptered by Secretary of State - Chapter 103, Statutes of 2025.
2025-08-29     Approved by the Governor.
2025-08-25     Enrolled and presented to the Governor at 11 a.m.
2025-08-18     Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 77. Noes 0. Page 2652.).
2025-07-17     In Assembly. Concurrence in Senate amendments pending.
2025-07-17     Read third time. Urgency clause adopted. Passed. Ordered to the Assembly. (Ayes 35. Noes 0. Page 2137.).
2025-07-15     Read second time. Ordered to Consent Calendar.
2025-07-14     From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar.
2025-06-26     Read second time and amended. Re-referred to Com. on APPR.
2025-06-25     From committee: Amend, and do pass as amended and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 12. Noes 0.) (June 24).
2025-06-18     From committee: Do pass and re-refer to Com. on JUD. (Ayes 7. Noes 0.) (June 18). Re-referred to Com. on JUD.
2025-05-07     Referred to Coms. on B. & F.I. and JUD.
2025-04-02     In Senate. Read first time. To Com. on RLS. for assignment.
2025-04-01     Read third time. Urgency clause adopted. Passed. Ordered to the Senate. (Ayes 77. Noes 0.).
2025-03-24     Read second time. Ordered to third reading.
2025-03-20     Read second time and amended. Ordered returned to second reading.
2025-03-19     From committee: Amend, and do pass as amended. (Ayes 15. Noes 0.) (March 19).
2025-03-18     From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (March 18). Re-referred to Com. on APPR.
2025-03-13     (Pending re-refer to Com. on APPR.)
2025-03-13     Assembly Rule 56 suspended. (Page 616.)
2025-03-11     Re-referred to Com. on B.&F.
2025-03-10     From committee chair, with author's amendments: Amend, and re-refer to Com. on B.&F. Read second time and amended.
2025-03-10     Referred to Com. on B.&F.
2025-02-11     From printer. May be heard in committee March 13.
2025-02-10     Read first time. To print.
Versions
    Length
Chaptered     2025-08-29     15675
Enrolled     2025-08-25     15163
Amended Senate     2025-06-26     26629
Amended Assembly     2025-03-20     14074
Amended Assembly     2025-03-10     17736
Introduced     2025-02-10     5018
Analyses TBD