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Updated:   2026-02-04

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Measure
Authors Grayson  
Subject Commercial financing: disclosures.
Relating To relating to commercial financing.
Title An act to amend, renumber, and add Section 22806 of, to add Section 22807 to, and to repeal Section 22805 of, the Financial Code, relating to commercial financing.
Last Action Dt 2025-10-06
State Chaptered
Status Chaptered
Flags
Vote Req Approp Fiscal Cmte Local Prog Subs Chgs Urgency Tax Levy Active?
Majority No Yes Yes None No No Y
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Leginfo Link  
Bill Actions
2025-10-06     Chaptered by Secretary of State. Chapter 352, Statutes of 2025.
2025-10-06     Approved by the Governor.
2025-09-16     Enrolled and presented to the Governor at 3 p.m.
2025-09-08     Assembly amendments concurred in. (Ayes 39. Noes 0. Page 2605.) Ordered to engrossing and enrolling.
2025-09-03     In Senate. Concurrence in Assembly amendments pending.
2025-09-03     Read third time. Passed. (Ayes 79. Noes 0. Page 2866.) Ordered to the Senate.
2025-08-28     Ordered to third reading.
2025-08-28     Read third time and amended.
2025-08-21     Read second time. Ordered to third reading.
2025-08-20     From committee: Do pass. (Ayes 15. Noes 0.) (August 20).
2025-07-16     From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (July 15). Re-referred to Com. on APPR.
2025-07-10     From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD.
2025-07-08     From committee: Do pass and re-refer to Com. on JUD. (Ayes 9. Noes 0.) (July 7). Re-referred to Com. on JUD.
2025-06-17     June 23 hearing postponed by committee.
2025-06-09     Referred to Coms. on B. & F. and JUD.
2025-06-03     In Assembly. Read first time. Held at Desk.
2025-06-02     Read third time. Passed. (Ayes 38. Noes 0. Page 1400.) Ordered to the Assembly.
2025-05-27     Read second time. Ordered to third reading.
2025-05-23     Read second time and amended. Ordered to second reading.
2025-05-23     From committee: Do pass as amended. (Ayes 6. Noes 0. Page 1198.) (May 23).
2025-05-16     Set for hearing May 23.
2025-05-05     May 5 hearing: Placed on APPR. suspense file.
2025-04-25     Set for hearing May 5.
2025-04-23     From committee: Do pass and re-refer to Com. on APPR. (Ayes 13. Noes 0. Page 834.) (April 22). Re-referred to Com. on APPR.
2025-04-10     Set for hearing April 22.
2025-04-09     Re-referred to Com. on JUD.
2025-04-03     From committee: Do pass and re-refer to Com. on RLS. (Ayes 7. Noes 0. Page 632.) (April 2). Re-referred to Com. on RLS.
2025-03-18     Set for hearing April 2.
2025-03-17     From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.
2025-02-26     Referred to Com. on B. & F.I.
2025-02-14     From printer. May be acted upon on or after March 16.
2025-02-13     Introduced. Read first time. To Com. on RLS. for assignment. To print.
Versions
Chaptered     2025-10-06
Enrolled     2025-09-10
Amended Assembly     2025-08-28
Amended Assembly     2025-07-10
Amended Senate     2025-05-23
Amended Senate     2025-03-17
Introduced     2025-02-13
Analyses TBD
Latest Text Bill Full Text
Latest Text Digest

Existing law requires a provider of commercial financing to disclose certain information, as specified. Existing law provides that a provider of commercial financing licensed under the California Financing Law (CFL) is subject to examination and enforcement by the Commissioner of Financial Protection and Innovation under the CFL for any violation of those disclosure provisions, as specified. Certain violations of the CFL are a crime.