Rebecca Bauer-Kahan
- Democratic
- Assemblymember
- District 16
Author
Existing law establishes the Money Transmission Act to protect the interests of persons in this state who use money transmission services. The act prohibits a person from engaging in the business of money transmission in the state, as specified, unless the person is licensed or exempt from licensure. The act places various requirements on licensees, including requiring each licensee to give a customer a receipt containing specified information at the time of a money transmission transaction, and to post a notice on their premises informing individuals where complaints relating to money transmission activities at the location may be directed. This bill would, starting July 1, 2022, require a licensee to display on its internet website a toll-free telephone number through which a customer may contact the licensee for customer service issues and receive live customer assistance, and would specify the days and time that telephone line must be operative. The bill would require that telephone number to be included among the information contained in a receipt given to a customer at the time of a money transmission transaction.
Chaptered by Secretary of State - Chapter 453, Statutes of 2021.
Approved by the Governor.
Enrolled and presented to the Governor at 3 p.m.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 2984.).
Read third time. Passed. Ordered to the Assembly. (Ayes 38. Noes 0. Page 2491.).
In Assembly. Concurrence in Senate amendments pending.
Ordered to special consent calendar.
Read second time. Ordered to third reading.
From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (August 26).
Read second time and amended. Ordered returned to second reading.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (June 22). Re-referred to Com. on APPR.
Read second time and amended. Re-referred to Com. on JUD.
From committee: Amend, and do pass as amended and re-refer to Com. on JUD. (Ayes 9. Noes 0.) (June 9).
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1338.)
Read second time. Ordered to Consent Calendar.
From committee: Do pass. To Consent Calendar. (Ayes 16. Noes 0.) (April 28).
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 12. Noes 0.) (April 15). 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.
Read first time.
From printer. May be heard in committee March 22.
Introduced. To print.
| Bill Text Versions | Format |
|---|---|
| AB1320 | HTML |
| 02/19/21 - Introduced | |
| 03/11/21 - Amended Assembly | |
| 05/25/21 - Amended Senate | |
| 06/10/21 - Amended Senate | |
| 08/26/21 - Amended Senate | |
| 09/14/21 - Enrolled | |
| 10/04/21 - Chaptered |
| Document | Format |
|---|---|
| 04/14/21- Assembly Banking and Finance | |
| 04/26/21- Assembly Appropriations | |
| 06/07/21- Senate Banking and Financial Institutions | |
| 06/18/21- Senate Judiciary | |
| 07/01/21- Senate Appropriations | |
| 08/26/21- Senate Appropriations | |
| 08/31/21- Sen. Floor Analyses | |
| 09/08/21- ASSEMBLY FLOOR ANALYSIS |
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