Juan Vargas
- Democratic
Author
Existing law establishes the Department of Financial Institutions in the Business, Transportation and Housing Agency and provides that the department is in charge of the execution of specified laws relating to various financial institutions and financial services. Existing law requires the Commissioner of Financial Institutions to give public notice of specified final orders affecting the license of a licensee or foreign credit union. This bill would require the commissioner to also post the notice of specified orders affecting a licensee or foreign credit union on the department's public Internet Web site. The bill would authorize the commissioner to delay posting the decision or order if he or she makes a finding that such a posting would affect the safety or soundness of the financial institution subject to the order or decision. This bill would also authorize the commissioner to redact certain portions of the orders posted pursuant to these provisions if he or she determines that the redaction is necessary to protect the identity of a customer of the affected institution. This bill would also make technical changes to the Money Transmission Act.
Chaptered by Secretary of State. Chapter 356, Statutes of 2012.
Approved by the Governor.
Enrolled and presented to the Governor at 4:30 p.m.
Assembly amendments concurred in. (Ayes 37. Noes 0. Page 4761.) Ordered to engrossing and enrolling.
Read third time. Passed. (Ayes 77. Noes 0. Page 6064.) Ordered to the Senate.
In Senate. Concurrence in Assembly amendments pending.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 17. Noes 0.) (August 16).
Set, first hearing. Referred to APPR. suspense file.
Read second time and amended. Re-referred to Com. on APPR.
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (July 2).
Read third time. Passed. (Ayes 38. Noes 0. Page 3750.) Ordered to the Assembly.
In Assembly. Read first time. Held at Desk.
Ordered to special consent calendar.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 7. Noes 0. Page 3589.) (May 24).
Set for hearing May 24.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on APPR.
Placed on APPR. suspense file.
Set for hearing April 30.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0. Page 3205.) (April 18). Re-referred to Com. on APPR.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.
Set for hearing April 18.
From printer. May be acted upon on or after February 23.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB979 | HTML |
| 01/23/12 - Introduced | |
| 04/09/12 - Amended Senate | |
| 05/01/12 - Amended Senate | |
| 07/05/12 - Amended Assembly | |
| 08/27/12 - Enrolled | |
| 09/17/12 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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