California 2011-2012 Regular Session Status: Enacted

AB 424 — Pawnbrokers.

Last action — Chaptered by Secretary of State - Chapter 318, Statutes of 2011.

Track this bill free

No card. One bill, free forever — alerts when it moves.

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

This bill has been enacted into law. Introduced February 14, 2011. Enacted.

Prognosis

Likely to advance 72% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 2 sponsors

    1 primary, 1 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 7 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Existing law regulates the sale and redemption of pledged property by pawnbrokers. Existing law authorizes a pawnbroker to charge or receive compensation at a rate not exceeding specified amounts based upon the unpaid principal balance of the loan, but at least $3 per month. Existing law also sets forth a schedule of charges applicable to these loans and authorizes a pawnbroker to impose a charge of $1 on any loan for not more than 30 days which does not exceed $14.99. Existing law requires loans made by pawnbrokers to be evidenced by a written contract. Existing law requires a loan to which an original loan debt is applied to be processed as a new loan. A knowing violation of the provisions regulating pawnbrokers is a crime. This bill would define the term "month" for purposes of these provisions to mean a period of time consisting of 30 consecutive calendar days and would make various conforming changes. The bill would prohibit a pawnbroker from charging or receiving compensation at a rate exceeding 2.5% per month on the unpaid principal balance of any loan and would specify that a pawnbroker may charge or receive compensation in an amount of $3 per month if those other charges or compensation based upon the unpaid principal balance of a loan would be less. The bill would authorize a pawnbroker to impose a charge of $1 on any loan for not more than 3 months which does not exceed $14.99. The bill would make other clarifying changes to these provisions. Because a knowing violation of these provisions by a pawnbroker would be a crime, this bill 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 Text

Action History

  1. Chaptered by Secretary of State - Chapter 318, Statutes of 2011.

  2. Approved by the Governor.

  3. Enrolled and presented to the Governor at 3:30 p.m.

  4. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 2721.).

  5. In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 31 pursuant to Assembly Rule 77.

  6. Read third time. Passed. Ordered to the Assembly. (Ayes 33. Noes 0. Page 2079.).

  7. Read second time. Ordered to third reading.

  8. From committee: Be placed on second reading file pursuant to Senate Rule 28.8.

  9. From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (July 5). Re-referred to Com. on APPR.

  10. From committee: Do pass and re-refer to Com. on JUD. with recommendation: to consent calendar. (Ayes 6. Noes 0.) (June 29). Re-referred to Com. on JUD.

  11. In committee: Hearing postponed by committee.

  12. 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.

  13. Referred to Coms. on B. & F.I. and JUD.

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

  15. Read third time. Passed. Ordered to the Senate. (Ayes 70. Noes 0. Page 1356.)

  16. Read second time. Ordered to consent calendar.

  17. From committee: Do pass. To consent calendar. (Ayes 17. Noes 0.) (May 4).

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

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

  20. From printer. May be heard in committee March 17.

  21. Read first time. To print.

Sponsors

  • Eng · Primary
  • Vargas · Cosponsor

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 1 co-sponsors · 120 not signed on

Sponsors (1)

  • Eng

Co-sponsors (1)

  • Vargas

Not signed on (120)

120 members have not signed on to this bill.

Show all 120 →

"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

AB 424 ENG Concurrence in Senate Amendments

Passed 78 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Republican 2000
Unaffiliated 76001
Democratic 0001
Total 78002
% of votes cast 98%0%0%3%
How each member voted (80)
Member Party Vote
Butler — Yea
Carter — Yea
Huber — Yea
John A. Pérez — Yea
Mitchell — Yea
Feuer — Yea
Furutani — Yea
Atkins — Yea
Galgiani — Yea
Campos — Yea
Gatto — Yea
Gordon — Yea
Hagman — Yea
Cedillo — Yea
Portantino — Yea
Halderman — Yea
Hall — Yea
Chesbro — Yea
Allen — Yea
Hayashi — Yea
Hueso — Yea
Bonilla — Yea
Jeffries — Yea
Fong — Yea
Fletcher — Yea
Conway — Yea
Knight — Yea
Ammiano — Yea
Beall — Yea
Cook — Yea
Davis — Yea
Dickinson — Yea
Donnelly — Yea
Logue — Yea
Mendoza — Yea
Miller — Yea
Monning — Yea
Morrell — Yea
Nestande — Yea
Norby — Yea
Olsen — Yea
Perea — Yea
Silva — Yea
Smyth — Yea
Solorio — Yea
Torres — Yea
Valadao — Yea
Wieckowski — Yea
Williams — Yea
Gorell — Not Voting
Achadjian — Yea
Alejo — Yea
Block — Yea
Blumenfield — Yea
Bradford — Yea
Brownley — Yea
Buchanan — Yea
Harkey — Yea
Hill — Yea
Huffman — Yea
Lara — Yea
Ma — Yea
Mansoor — Yea
Nielsen — Yea
Pan — Yea
Skinner — Yea
Swanson — Yea
Wagner — Yea
Eng — Yea
Yamada — Yea
Fuentes — Yea
Garrick — Yea
Beth Gaines — Yea
Bill Berryhill — Yea
Bonnie Lowenthal — Yea
Roger Hernández — Yea
V. Manuel Pérez — Yea
Calderon, Lisa Democratic Not Voting
Grove, Shannon Republican Yea
Jones, Brian W. Republican Yea

Official roll call →

3rd Reading AB424 Eng By Vargas

Passed 33 Yea · 0 Nay · 7 Other
Party YeaNayPresentNot Voting
Unaffiliated 30007
Republican 1000
Democratic 2000
Total 33007
% of votes cast 83%0%0%18%
How each member voted (40)
Member Party Vote
Yee — Yea
Hancock — Yea
Wyland — Yea
Evans — Yea
De León — Yea
Fuller — Yea
Negrete McLeod — Yea
Rubio — Yea
Harman — Not Voting
Lowenthal — Not Voting
Runner — Not Voting
Huff — Yea
Kehoe — Yea
Dutton — Yea
Leno — Yea
Lieu — Not Voting
Pavley — Yea
Simitian — Yea
Steinberg — Yea
Vargas — Yea
Walters — Yea
Wolk — Yea
Wright — Yea
Alquist — Yea
Anderson — Yea
Blakeslee — Yea
Hernandez — Yea
Liu — Not Voting
Price — Not Voting
Cannella — Not Voting
Corbett — Yea
Emmerson — Yea
Correa — Yea
DeSaulnier — Yea
Beth Gaines — Yea
Bill Berryhill — Yea
La Malfa — Yea
Calderon, Lisa Democratic Yea
Padilla, Stephen C. Democratic Yea
Strickland, Tony Republican Yea

Official roll call →

AB 424 ENG Consent Calendar Second Day

Passed 70 Yea · 0 Nay · 10 Other
Party YeaNayPresentNot Voting
Unaffiliated 650010
Democratic 3000
Republican 2000
Total 700010
% of votes cast 88%0%0%13%
How each member voted (80)
Member Party Vote
Halderman — Yea
Carter — Yea
Butler — Yea
Eng — Yea
John A. Pérez — Yea
Feuer — Yea
Fuentes — Yea
Furutani — Yea
Gatto — Yea
Hagman — Yea
Harkey — Yea
Hill — Yea
Huffman — Yea
Logue — Yea
Olsen — Yea
Cook — Yea
Davis — Yea
Perea — Yea
Skinner — Yea
Smyth — Yea
Swanson — Yea
Valadao — Yea
Williams — Yea
Fletcher — Yea
Bonilla — Yea
Atkins — Yea
Galgiani — Yea
Gordon — Yea
Hall — Yea
Hayashi — Yea
Hueso — Yea
Jeffries — Yea
Lara — Yea
Chesbro — Yea
Dickinson — Yea
Miller — Yea
Monning — Yea
Nestande — Yea
Nielsen — Yea
Norby — Yea
Pan — Yea
Silva — Yea
Wieckowski — Yea
Cedillo — Not Voting
Conway — Not Voting
Garrick — Not Voting
Donnelly — Yea
Gorell — Not Voting
Portantino — Not Voting
Mitchell — Not Voting
Solorio — Yea
Torres — Not Voting
Achadjian — Yea
Alejo — Not Voting
Ammiano — Yea
Beall — Yea
Block — Yea
Blumenfield — Yea
Bradford — Yea
Brownley — Yea
Buchanan — Yea
Huber — Yea
Knight — Yea
Ma — Yea
Mansoor — Yea
Mendoza — Yea
Morrell — Yea
Wagner — Yea
Campos — Yea
Yamada — Yea
Beth Gaines — Yea
Bill Berryhill — Yea
Bonnie Lowenthal — Not Voting
Roger Hernández — Not Voting
V. Manuel Pérez — Yea
Allen, Benjamin Democratic Yea
Calderon, Lisa Democratic Yea
Fong, Mike Democratic Yea
Grove, Shannon Republican Yea
Jones, Brian W. Republican Yea

Official roll call →

Do pass, to Consent Calendar.

Passed 17 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 16000
Democratic 1000
Total 17000
% of votes cast 100%0%0%0%
How each member voted (17)
Member Party Vote
Hall — Yea
Fuentes — Yea
Campos — Yea
Gatto — Yea
Harkey — Yea
Hill — Yea
Mitchell — Yea
Lara — Yea
Donnelly — Yea
Nielsen — Yea
Norby — Yea
Wagner — Yea
Blumenfield — Yea
Bradford — Yea
Solorio — Yea
Davis — Yea
Calderon, Lisa Democratic Yea

Official roll call →

Do pass and be re-referred to the Committee on Appropriations to Consent Calendar.

Passed 11 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 10001
Democratic 1000
Total 11001
% of votes cast 92%0%0%8%
How each member voted (12)
Member Party Vote
Fletcher — Not Voting
Eng — Yea
Gatto — Yea
Harkey — Yea
Lara — Yea
Morrell — Yea
Perea — Yea
Torres — Yea
Achadjian — Yea
Fuentes — Yea
Roger Hernández — Yea
Calderon, Lisa Democratic Yea

Official roll call →

Subjects

finance labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 424 do?
Existing law regulates the sale and redemption of pledged property by pawnbrokers. Existing law authorizes a pawnbroker to charge or receive compensation at a rate not exceeding specified amounts based upon the unpaid principal balance of the loan, but at least $3 per month. Existing law also sets forth a schedule of charges applicable to these loans and authorizes a pawnbroker to impose a charge of $1 on any loan for not more than 30 days which does not exceed $14.99. Existing law requires loans made by pawnbrokers to be evidenced by a written contract. Existing law requires a loan to which an original loan debt is applied to be processed as a new loan. A knowing violation of the provisions regulating pawnbrokers is a crime. This bill would define the term "month" for purposes of these provisions to mean a period of time consisting of 30 consecutive calendar days and would make various conforming changes. The bill would prohibit a pawnbroker from charging or receiving compensation at a rate exceeding 2.5% per month on the unpaid principal balance of any loan and would specify that a pawnbroker may charge or receive compensation in an amount of $3 per month if those other charges or compensation based upon the unpaid principal balance of a loan would be less. The bill would authorize a pawnbroker to impose a charge of $1 on any loan for not more than 3 months which does not exceed $14.99. The bill would make other clarifying changes to these provisions. Because a knowing violation of these provisions by a pawnbroker would be a crime, this bill 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.
Who sponsors AB 424?
AB 424 is sponsored by Eng and Vargas.
What is the current status of AB 424?
This bill has been enacted into law. Introduced February 14, 2011. Enacted.
Where can I track AB 424?
Track AB 424 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on AB 424

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of AB 424

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →