California 2023-2024 Regular Session Status: Passed Senate

SB 484 — Escrow agents: customer contact centers.

Last action — August 15 hearing: Held in committee and under submission.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2023-2024 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Existing law, the Escrow Law, provides for the licensure and regulation of escrow agents by the Commissioner of Financial Protection and Innovation, and makes it unlawful for any person to engage in business as an escrow agent except by a corporation organized for that purpose licensed by the commissioner. This bill would authorize a licensed escrow agent to designate an employee to perform work on the licensee's behalf at a remote location, as defined, in accordance with specified conditions and requirements, including that the licensee adopts and adheres to appropriate written policies and procedures to supervise and maintain appropriate control of the work of employees at remote locations and safeguard the licensee's records and consumer personal information, as specified.

Bill Text

Action History

  1. August 15 hearing: Held in committee and under submission.

  2. September 1 hearing postponed by committee.

  3. August 16 set for first hearing. Placed on suspense file.

  4. Read second time and amended. Re-referred to Com. on APPR.

  5. From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (June 26).

  6. Referred to Com. on B. & F.

  7. In Assembly. Read first time. Held at Desk.

  8. Read third time. Passed. (Ayes 40. Noes 0. Page 1300.) Ordered to the Assembly.

  9. Ordered to special consent calendar.

  10. Read second time. Ordered to third reading.

  11. From committee: Do pass. (Ayes 7. Noes 0. Page 1172.) (May 18).

  12. Set for hearing May 18.

  13. April 17 hearing: Placed on APPR suspense file.

  14. Set for hearing April 17.

  15. Read second time and amended. Re-referred to Com. on APPR.

  16. From committee: Do pass as amended and re-refer to Com. on APPR with recommendation: To consent calendar. (Ayes 7. Noes 0. Page 569.) (March 29).

  17. Set for hearing March 29.

  18. Referred to Com. on B. & F.I.

  19. From printer. May be acted upon on or after March 17.

  20. Introduced. Read first time. To Com. on RLS. for assignment. To print.

Sponsors

  • Newman · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

  • Newman

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Do pass as amended and be re-referred to the Committee on [Appropriations]

Passed 10 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Democratic 8001
Republican 2000
Unaffiliated 0001
Total 10002
% of votes cast 83%0%0%17%
How each member voted (12)
Member Party Vote
Waldron — Not Voting
Bauer-Kahan, Rebecca Democratic Not Voting
Cervantes, Sabrina Democratic Yea
Fong, Mike Democratic Yea
Gabriel, Jesse Democratic Yea
Grayson, Timothy S. Democratic Yea
Papan, Diane Democratic Yea
Petrie-Norris, Cottie Democratic Yea
Soria, Esmeralda Democratic Yea
Wicks, Buffy Democratic Yea
Chen, Phillip Republican Yea
Dixon, Diane Republican Yea

Official roll call →

Special Consent

Passed 40 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 11000
Democratic 22000
Republican 7000
Total 40000
% of votes cast 100%0%0%0%
How each member voted (40)
Member Party Vote
Roth — Yea
Atkins — Yea
Portantino — Yea
Newman — Yea
Min — Yea
Wilk — Yea
Eggman — Yea
Glazer — Yea
Dodd — Yea
Bradford — Yea
Skinner — Yea
Allen, Benjamin Democratic Yea
Archuleta, Bob Democratic Yea
Ashby, Angelique V. Democratic Yea
Becker, Josh Democratic Yea
Blakespear, Catherine S. Democratic Yea
Caballero, Anna M. Democratic Yea
Cortese, Dave Democratic Yea
Durazo, Maria Elena Democratic Yea
Gonzalez, Lena A. Democratic Yea
Hurtado, Melissa Democratic Yea
Laird, John Democratic Yea
Limón, Monique Democratic Yea
McGuire, Mike Democratic Yea
Menjivar, Caroline Democratic Yea
Nguyen, Stephanie Democratic Yea
Padilla, Stephen C. Democratic Yea
Rubio, Susan Democratic Yea
Smallwood-Cuevas, Lola Democratic Yea
Stern, Henry I. Democratic Yea
Umberg, Thomas J. Democratic Yea
Wahab, Aisha Democratic Yea
Wiener, Scott D. Democratic Yea
Alvarado-Gil, Marie Republican Yea
Dahle, Megan Republican Yea
Grove, Shannon Republican Yea
Jones, Brian W. Republican Yea
Niello, Roger W. Republican Yea
Ochoa Bogh, Rosilicie Republican Yea
Seyarto, Kelly Republican Yea

Official roll call →

Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] with the recommendation: To Consent Calendar

Passed 7 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democratic 3000
Unaffiliated 3000
Republican 1000
Total 7000
% of votes cast 100%0%0%0%
How each member voted (7)
Member Party Vote
Portantino — Yea
Bradford — Yea
Min — Yea
Caballero, Anna M. Democratic Yea
Limón, Monique Democratic Yea
Nguyen, Stephanie Democratic Yea
Niello, Roger W. Republican Yea

Official roll call →

Subjects

finance
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Frequently asked questions

What does SB 484 do?
Existing law, the Escrow Law, provides for the licensure and regulation of escrow agents by the Commissioner of Financial Protection and Innovation, and makes it unlawful for any person to engage in business as an escrow agent except by a corporation organized for that purpose licensed by the commissioner. This bill would authorize a licensed escrow agent to designate an employee to perform work on the licensee's behalf at a remote location, as defined, in accordance with specified conditions and requirements, including that the licensee adopts and adheres to appropriate written policies and procedures to supervise and maintain appropriate control of the work of employees at remote locations and safeguard the licensee's records and consumer personal information, as specified.
Who sponsors SB 484?
SB 484 is sponsored by Newman.
What is the current status of SB 484?
This bill died with 2023-2024 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 484?
Track SB 484 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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