Fiona Ma
- Democratic
Author
Existing law, the Collateral Recovery Act, provides for the licensure and regulation of repossession agencies by the Bureau of Security and Investigative Services under the supervision and control of the Director of Consumer Affairs. A violation of the act is a misdemeanor. The act provides that a repossession agency does not include the legal owner of collateral that is subject to a security agreement or a bona fide employee of the legal owner of collateral that is subject to a security agreement. This bill would, until January 1, 2018, add that a repossession agency does not include a dealer regularly engaged in the sale of specified collateral that is subject to a specified security agreement, and that dealer's bona fide employees, provided that specified requirements are met. The bill would also prohibit, until January 1, 2018, the dealer, its bona fide employees, and other specified entities from instructing, coercing, or attempting to coerce another person to violate laws, regulations, and rules regarding the recovery of collateral, as specified. Because a violation of this prohibition would be a crime, the bill would impose a state-mandated local program. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that no reimbursement is required by this act for a specified reason.
Approved by the Governor.
Chaptered by Secretary of State - Chapter 476, Statutes of 2012.
Enrolled and presented to the Governor at 5:10 p.m.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 1. Page 6411.).
Assembly Rule 77 suspended. (Page 6357.)
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 28 pursuant to Assembly Rule 77.
Read third time. Passed. Ordered to the Assembly. (Ayes 35. Noes 0. Page 4755.).
Read second time. Ordered to third reading.
Read third time and amended. Ordered to second reading.
Read second time. Ordered to third reading.
From committee: Be placed on second reading file pursuant to Senate Rule 28.8.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (June 25). Re-referred to Com. on APPR.
Read third time. Passed. Ordered to the Senate. (Ayes 70. Noes 0. Page 4984.)
In Senate. Read first time. To Com. on RLS. for assignment.
Read second time. Ordered to consent calendar.
From committee: Do pass. To consent calendar. (Ayes 17. Noes 0.) (May 16).
Read second time and amended.
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (April 17).
From committee chair, with author's amendments: Amend, and re-refer to Com. on B., P. & C.P. Read second time and amended.
From committee chair, with author's amendments: Amend, and re-refer to Com. on B., P. & C.P. Read second time and amended.
In committee: Set, first hearing. Hearing canceled at the request of author.
From committee chair, with author's amendments: Amend, and re-refer to Com. on B., P. & C.P. Read second time and amended.
From printer. May be heard in committee March 24.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB1877 | HTML |
| 02/22/12 - Introduced | |
| 03/19/12 - Amended Assembly | |
| 03/29/12 - Amended Assembly | |
| 04/10/12 - Amended Assembly | |
| 04/24/12 - Amended Assembly | |
| 08/21/12 - Amended Senate | |
| 09/06/12 - Enrolled | |
| 09/23/12 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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