Roger Dickinson
- Democratic
Author
Existing law provides for the formation and regulation of state-organized banks and state-certified credit unions by the Department of Financial Institutions. The Governor's Reorganization Plan No. 2 of 2012 provides that, on and after July 1, 2013, the responsibilities of the Department of Financial Institutions and the Commissioner of Financial Institutions shall be transferred to the Department of Business Oversight and the Commissioner of Business Oversight. This bill would establish the Bank on California Program in the Department of Business Oversight. The bill would require the Bank on California Program to provide support and coordination to regional programs in California that are voluntary, public-private initiatives led by specified entities in partnership with participating financial institutions. The bill would require participating financial institutions to, among other things, provide low- or no-cost checking accounts and report specified data to the commissioner. The bill would also require the commissioner to report annually to specified committees of the Legislature on the activities of the program, including the data provided by participating regional programs, and to undertake specified activities to promote the Bank on California Program.
From Senate committee without further action.
In committee: Held under submission.
In committee: Placed on APPR. suspense file.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 1.) (June 19). Re-referred to Com. on APPR.
Read third time. Passed. Ordered to the Senate. (Ayes 56. Noes 21. Page 1739.)
In Senate. Read first time. To Com. on RLS. for assignment.
Read second time. Ordered to third reading.
Read second time and amended. Ordered to second reading.
From committee: Do pass as amended. (Ayes 13. Noes 4.) (May 24).
In committee: Set, first hearing. Referred to APPR. suspense file.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (April 8). Re-referred to Com. on APPR.
From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.
From printer. May be heard in committee March 17.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB385 | HTML |
| 02/14/13 - Introduced | |
| 04/02/13 - Amended Assembly | |
| 05/24/13 - Amended Assembly |
| Document | Format |
|---|---|
| No related documents. |
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