AB 469

  • California Assembly Bill
  • 2013-2014 Regular Session
  • Introduced in Assembly
  • Passed Assembly May 16, 2013
  • Senate
  • Governor

Telephonic sellers: loan modifications.

Abstract

Existing law provides for the regulation of telephonic sellers, and requires that a telephonic seller register with the Department of Justice and file specified information with the department, as specified. Existing law defines "telephonic seller" to include, among others, a person who represents or implies in a telephonic solicitation, whether or not initiated by the telephonic seller, that he or she is offering to make a loan, or to arrange or assist in arranging a loan or to assist in providing information that may lead to the obtaining of a loan, with a specified exception. Existing law makes it a misdemeanor to solicit prospects on behalf of a telephonic seller who is not registered with the department. This bill would include in the definition of telephonic sellers a person who represents or implies in a telephonic solicitation, whether initiated by the telephonic seller or made in response to inquiries generated by advertisements on behalf of the telephonic seller, that he or she is offering to arrange or assist in arranging the modification of an existing loan, or to assist in providing information that may lead to the obtaining of a loan modification, as specified. The bill would require these telephonic sellers to file certain information with the department, including the names and addresses of all persons who, in the previous 24 months, obtained loan modifications for individuals who responded to the seller's solicitations or representations. Because the bill would expand the scope of a crime, it 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.

Bill Sponsors (1)

Votes


Actions


Nov 30, 2014

Senate

From Senate committee without further action.

Jul 03, 2013

Senate

In committee: Hearing postponed by committee.

Jun 27, 2013

Senate

In committee: Hearing postponed by committee.

Jun 24, 2013

Senate

From committee: Do pass and re-refer to Com. on B. & F.I. (Ayes 9. Noes 0.) (June 24). Re-referred to Com. on B. & F.I.

  • Committee-Passage-Favorable
  • Referral-Committee
  • Committee-Passage
Com. on B. & F.I.

Jun 18, 2013

Senate

From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B., P. & E.D.

  • Amendment-Introduction
  • Amendment-Passage
  • Reading-2
  • Reading-1
  • Referral-Committee
Com. on B., P. & E.D.

Jun 06, 2013

Senate

Re-referred to Coms. on B., P. & E.D. and B. & F.I.

  • Referral-Committee
Coms. on B., P. & E.D. and B. & F.I.

Jun 03, 2013

Senate

Re-referred to Com. on RLS.

  • Referral-Committee
Com. on RLS.

Senate

Withdrawn from committee.

May 29, 2013

Senate

Referred to Coms. on B., P. & E.D. and JUD.

  • Referral-Committee
Coms. on B., P. & E.D. and JUD.

May 16, 2013

Senate

In Senate. Read first time. To Com. on RLS. for assignment.

Assembly

Read third time. Passed. Ordered to the Senate. (Ayes 70. Noes 0. Page 1477.)

May 13, 2013

Assembly

Read second time. Ordered to consent calendar.

May 09, 2013

Assembly

From committee: Do pass. To consent calendar. (Ayes 17. Noes 0.) (May 8).

Apr 24, 2013

Assembly

From committee: Do pass and re-refer to Com. on APPR. with recommendation: to consent calendar. (Ayes 11. Noes 0.) (April 23). Re-referred to Com. on APPR.

  • Committee-Passage-Favorable
  • Referral-Committee
  • Committee-Passage
Com. on APPR.

Feb 28, 2013

Assembly

Referred to Com. on B.,P. & C.P.

  • Referral-Committee
Com. on B.,P. & C.P.

Feb 20, 2013

Assembly

From printer. May be heard in committee March 22.

Feb 19, 2013

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB469 HTML
02/19/13 - Introduced PDF
06/18/13 - Amended Senate PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the California State Legislature.

If you notice any inconsistencies with these official sources, feel free to file an issue.