CaliforniaFinancial institutions.
What it does
(1) Existing law, the Money Transmission Act, generally regulates money transmission businesses. The act requires each licensee or agent to prominently post on the premises of each branch office that conducts money transmission a specified notice.
More detail
This bill would change the contact information required to be provided in that notice.
(2) Existing law, the California Deferred Deposit Transaction Law, generally regulates the offering, originating, and making of deferred deposit transactions. Existing law required a report regarding the implementation of that law to be submitted to the Governor and the Legislature on December 1, 2007, as specified.
This bill would repeal that reporting provision.
Where do you stand?
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Where it stands
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jul 28Chaptered by Secretary of State - Chapter 71, Statutes of 2025.Latest
- Jul 28Approved by the Governor Gavin Newsom.Became Law
- Jul 15Enrolled and presented to the Governor at 3:30 p.m.To Governor
- Jul 10In Assembly. Ordered to Engrossing and Enrolling.Minor
- Vote recorded Consent Calendar 2nd AB1507 B. & F. Result: pass.Upper
- Jul 10Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 2042.).Passed Senate
- Jul 7Read second time. Ordered to Consent Calendar.Minor
- Jul 3From committee: Do pass. To Consent Calendar. (Ayes 7. Noes 0.) (July 2).Minor
- Jul 2
- Vote recorded Do pass and be ordered to the Consent Calendar. Result: pass.Upper
- Jun 13In committee: Hearing postponed by committee.
- May 21Referred to Com. on B. & F.I.Minor
- May 13In Senate. Read first time. To Com. on RLS. for assignment.Minor
- May 12Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1520.)Passed Assembly
- Vote recorded AB 1507 Banking and Finance Consent Calendar Second Day. Result: pass.Lower
- May 7Read second time. Ordered to Consent Calendar.Minor
- May 6From committee: Do pass. To Consent Calendar. (Ayes 9. Noes 0.) (May 5).Minor
- May 5
- Vote recorded Do pass. To Consent Calendar. Result: pass.Lower
- Mar 13Referred to Com. on B.&F.Minor
- Feb 28From printer. May be heard in committee March 30.
- Feb 27Read first time. To print.Introduced