Tim Grayson
- Democratic
- Assemblymember
- District 15
Author
Existing law, the California Consumer Financial Protection Law, requires the Department of Financial Protection and Innovation to regulate the offering and provision of consumer financial products or services, as defined, under California consumer financial laws, as defined, and to exercise nonexclusive oversight and enforcement authority under California consumer financial laws. The law, among other things, prohibits a covered person, as defined, or a service provider, as defined, from engaging in, or proposing to engage in, an unlawful, unfair, deceptive, or abusive act or practice with respect to consumer financial products or services. The law authorizes the department to bring a civil action for a violation of the law, as prescribed. Existing law, the Consumers Legal Remedies Act, makes unlawful certain unfair methods of competition and certain unfair or deceptive acts or practices undertaken by a person in a transaction intended to result or that results in the sale or lease of goods or services to a consumer, including misrepresenting the source, sponsorship, approval, or certification of goods or services. Existing law authorizes a consumer who suffers damage as a result of the use or employment by a person of a method, act, or practice declared to be unlawful by that provision to bring an action against that person to recover or obtain certain relief, including actual damages of at least $1,000. This bill would additionally make unlawful failing to include certain information, including a prescribed disclosure, in a solicitation by a covered person, as defined, or an entity acting on behalf of a covered person, to a consumer for a consumer financial product or service.
Chaptered by Secretary of State - Chapter 324, Statutes of 2022.
Approved by the Governor.
Enrolled and presented to the Governor at 4 p.m.
Assembly Rule 77(a) suspended.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 67. Noes 0.).
Read third time. Passed. Ordered to the Assembly. (Ayes 38. Noes 0. Page 5054.).
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 26 pursuant to Assembly Rule 77.
Read second time. Ordered to third reading.
Read second time and amended. Ordered returned to second reading.
From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (August 11).
From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (June 21). Re-referred to Com. on APPR.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 63. Noes 0.)
Read second time. Ordered to third reading.
Read second time and amended. Ordered returned to second reading.
From committee: Amend, and do pass as amended. (Ayes 12. Noes 0.) (May 19).
In committee: Set, first hearing. Referred to suspense file.
Read second time and amended.
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (April 19).
From committee: Do pass and re-refer to Com. on P. & C.P. (Ayes 8. Noes 0.) (March 28). Re-referred to Com. on P. & C.P.
Referred to Coms. on B. & F. and P. & C.P.
From printer. May be heard in committee March 12.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB1904 | HTML |
| 02/09/22 - Introduced | |
| 04/21/22 - Amended Assembly | |
| 05/19/22 - Amended Assembly | |
| 08/11/22 - Amended Senate | |
| 08/29/22 - Enrolled | |
| 09/15/22 - Chaptered |
| Document | Format |
|---|---|
| 03/24/22- Assembly Banking and Finance | |
| 04/13/22- Assembly Privacy and Consumer Protection | |
| 05/09/22- Assembly Appropriations | |
| 05/24/22- ASSEMBLY FLOOR ANALYSIS | |
| 06/17/22- Senate Judiciary | |
| 07/29/22- Senate Appropriations | |
| 08/11/22- Senate Appropriations | |
| 08/15/22- Sen. Floor Analyses | |
| 08/24/22- ASSEMBLY FLOOR ANALYSIS |
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