California 2011-2012 Regular Session Status: To Executive

SB 586 — Banks and credit unions: signature stamps.

Last action — Veto sustained.

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

This bill died with 2011-2012 Regular Session. It reached “To Executive” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 Banking Law, regulates the organization and operations of state-organized banks, and the California Credit Union Law regulates the organization and operation of credit unions, the willful violation of which is a crime. Existing law does not regulate the issuance or use of a signature stamp in financial transactions. This bill would define "signature stamp" and regulate the issuance of a signature stamp by a state-organized bank or credit union to an accountholder and the use of the signature stamp by the accountholder in financial transactions with a bank or credit union. The bill would require a stampholder to report a lost or stolen signature stamp to the bank or credit union, as specified. Existing law prohibits various types of elder abuse, punishable by incarceration, fines, or both incarceration and fines, including imprisonment in the county jail not exceeding one year, or by a fine not to exceed $1,000, for specified types of abuse involving theft, embezzlement, forgery, fraud, or identity theft. This bill would increase the amount of each of the fines otherwise imposed for the existing law offenses, and would provide that the additional fine amount be allocated to the adult protective services agency, or equivalent elder abuse prevention agency, of the county prosecuting the offense. The bill would make changes to conform those provisions to changes made in AB 109 of the 2011–12 Regular Session. The bill would provide for restitution for a violation of these provisions committed through use of a signature stamp. The bill would additionally incorporate changes to Section 368 of the Penal Code proposed by AB 332, to be operative if both bills are enacted and become operative, as specified. Because this bill would create new crimes, the bill would create 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. Veto sustained.

  2. Consideration of Governor's veto stricken from file.

  3. In Senate. Consideration of Governor's veto pending.

  4. Vetoed by the Governor.

  5. Enrolled and presented to the Governor at 4:30 p.m.

  6. Assembly amendments concurred in. (Ayes 25. Noes 13. Page 2150.) Ordered to engrossing and enrolling.

  7. In Senate. Concurrence in Assembly amendments pending.

  8. Read third time. Passed. (Ayes 48. Noes 27. Page 2594.) Ordered to the Senate.

  9. Read second time. Ordered to third reading.

  10. From committee: Do pass. (Ayes 12. Noes 5.) (August 17).

  11. From committee with author's amendments. Read second time and amended. Re-referred to Com. on APPR.

  12. From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 2.) (July 5). Re-referred to Com. on APPR.

  13. From committee with author's amendments. Read second time and amended. Re-referred to Com. on PUB. S.

  14. From committee: Do pass and re-refer to Com. on PUB. S. (Ayes 7. Noes 3.) (June 27). Re-referred to Com. on PUB. S.

  15. Referred to Coms. on B. & F. and PUB. S.

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

  17. Read third time. Passed. (Ayes 25. Noes 14. Page 1217.) Ordered to the Assembly.

  18. Read second time and amended. Ordered to third reading.

  19. From committee: Do pass as amended. (Ayes 6. Noes 3. Page 1086.) (May 23).

  20. Set for hearing May 23.

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

  22. From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 2. Page 862.) (May 3).

  23. From committee with author's amendments. Read second time and amended. Re-referred to Com. on PUB. S.

  24. Set for hearing May 3.

  25. Read second time and amended. Re-referred to Com. on PUB. S.

  26. From committee: Do pass as amended and re-refer to Com. on PUB. S. (Ayes 5. Noes 2. Page 579.) (April 6).

  27. From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.

  28. Set for hearing April 6.

  29. Referred to Coms. on B. & F.I. and PUB. S.

  30. From printer. May be acted upon on or after March 20.

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

Sponsors

  • Alquist · Cosponsor
  • Pavley · Primary

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 120 not signed on · 6 voted No

Sponsors (1)

  • Pavley

Co-sponsors (1)

  • Alquist

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

Unfinished Business SB586 Pavley Concurrence

Passed 25 Yea · 13 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 231202
Democratic 2000
Republican 0100
Total 251302
% of votes cast 63%33%0%5%
How each member voted (40)
Member Party Vote
Yee — Yea
Hancock — Yea
Wyland — Nay
Lowenthal — Yea
De León — Yea
Negrete McLeod — Yea
Evans — Yea
Rubio — Yea
Cannella — Nay
Harman — Not Voting
Runner — Not Voting
Huff — Nay
Anderson — Nay
Corbett — Yea
Dutton — Nay
Leno — Yea
Pavley — Yea
Price — Yea
Simitian — Yea
Vargas — Yea
Wolk — Yea
Alquist — Yea
Blakeslee — Nay
Hernandez — Yea
Kehoe — Yea
Lieu — Yea
Liu — Yea
Steinberg — Yea
Walters — Nay
Wright — Yea
Emmerson — Nay
Correa — Yea
DeSaulnier — Yea
Fuller — Nay
Beth Gaines — Nay
Bill Berryhill — Nay
La Malfa — Nay
Calderon, Lisa Democratic Yea
Padilla, Stephen C. Democratic Yea
Strickland, Tony Republican Nay

Official roll call →

SB 586 Pavley Senate Third Reading By TORRES

Passed 48 Yea · 27 Nay · 5 Other
Party YeaNayPresentNot Voting
Unaffiliated 482504
Republican 0200
Democratic 0001
Total 482705
% of votes cast 60%34%0%6%
How each member voted (80)
Member Party Vote
Hagman — Nay
Butler — Yea
Yamada — Yea
Fuentes — Yea
Fong — Yea
Furutani — Yea
Allen — Yea
Gatto — Yea
Gordon — Yea
Campos — Yea
Portantino — Yea
John A. Pérez — Yea
Mitchell — Yea
Halderman — Nay
Hall — Yea
Hayashi — Yea
Carter — Yea
Hill — Yea
Atkins — Yea
Hueso — Yea
Huffman — Yea
Cedillo — Yea
Knight — Nay
Fletcher — Nay
Ammiano — Yea
Beall — Yea
Chesbro — Yea
Conway — Nay
Cook — Nay
Davis — Yea
Lara — Yea
Mendoza — Yea
Monning — Yea
Nestande — Nay
Nielsen — Nay
Norby — Nay
Olsen — Nay
Perea — Yea
Smyth — Nay
Solorio — Yea
Torres — Yea
Valadao — Nay
Wieckowski — Yea
Williams — Yea
Bonilla — Not Voting
Gorell — Not Voting
Donnelly — Nay
Miller — Nay
Morrell — Nay
Silva — Not Voting
Achadjian — Nay
Alejo — Yea
Block — Yea
Blumenfield — Yea
Bradford — Yea
Brownley — Yea
Buchanan — Yea
Harkey — Nay
Huber — Nay
Jeffries — Nay
Logue — Nay
Ma — Yea
Mansoor — Nay
Pan — Yea
Skinner — Yea
Swanson — Yea
Wagner — Nay
Eng — Yea
Feuer — Yea
Dickinson — Yea
Galgiani — Not Voting
Garrick — Nay
Beth Gaines — Nay
Bill Berryhill — Nay
Bonnie Lowenthal — Yea
Roger Hernández — Yea
V. Manuel Pérez — Yea
Calderon, Lisa Democratic Not Voting
Grove, Shannon Republican Nay
Jones, Brian W. Republican Nay

Official roll call →

Do pass.

Passed 12 Yea · 5 Nay
Party YeaNayPresentNot Voting
Unaffiliated 11500
Democratic 1000
Total 12500
% of votes cast 71%29%0%0%
How each member voted (17)
Member Party Vote
Campos — Yea
Fuentes — Yea
Mitchell — Yea
Gatto — Yea
Davis — Yea
Hall — Yea
Harkey — Nay
Donnelly — Nay
Blumenfield — Yea
Bradford — Yea
Lara — Yea
Nielsen — Nay
Norby — Nay
Solorio — Yea
Hill — Yea
Wagner — Nay
Calderon, Lisa Democratic Yea

Official roll call →

3rd Reading

Passed 25 Yea · 14 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 231301
Democratic 2000
Republican 0100
Total 251401
% of votes cast 63%35%0%3%
How each member voted (40)
Member Party Vote
Yee — Yea
Correa — Yea
Lowenthal — Yea
De León — Yea
Negrete McLeod — Yea
Hancock — Yea
Hernandez — Yea
Kehoe — Yea
Lieu — Yea
Pavley — Yea
Price — Yea
Wolk — Yea
Rubio — Yea
Runner — Nay
Fuller — Nay
Harman — Nay
Dutton — Nay
Blakeslee — Nay
Leno — Yea
Walters — Nay
Alquist — Yea
Anderson — Nay
Huff — Nay
Liu — Yea
Simitian — Yea
Steinberg — Yea
Vargas — Yea
Wright — Yea
Cannella — Nay
Wyland — Nay
Corbett — Yea
Emmerson — Not Voting
Evans — Yea
DeSaulnier — Yea
Beth Gaines — Nay
Bill Berryhill — Nay
La Malfa — Nay
Calderon, Lisa Democratic Yea
Padilla, Stephen C. Democratic Yea
Strickland, Tony Republican Nay

Official roll call →

Do pass as amended.

Passed 6 Yea · 3 Nay
Party YeaNayPresentNot Voting
Unaffiliated 6300
Total 6300
% of votes cast 67%33%0%0%
How each member voted (9)
Member Party Vote
Runner — Nay
Kehoe — Yea
Pavley — Yea
Alquist — Yea
Lieu — Yea
Price — Yea
Steinberg — Yea
Walters — Nay
Emmerson — Nay

Official roll call →

Subjects

public-safety finance
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 SB 586 do?
Existing law, the Banking Law, regulates the organization and operations of state-organized banks, and the California Credit Union Law regulates the organization and operation of credit unions, the willful violation of which is a crime. Existing law does not regulate the issuance or use of a signature stamp in financial transactions. This bill would define "signature stamp" and regulate the issuance of a signature stamp by a state-organized bank or credit union to an accountholder and the use of the signature stamp by the accountholder in financial transactions with a bank or credit union. The bill would require a stampholder to report a lost or stolen signature stamp to the bank or credit union, as specified. Existing law prohibits various types of elder abuse, punishable by incarceration, fines, or both incarceration and fines, including imprisonment in the county jail not exceeding one year, or by a fine not to exceed $1,000, for specified types of abuse involving theft, embezzlement, forgery, fraud, or identity theft. This bill would increase the amount of each of the fines otherwise imposed for the existing law offenses, and would provide that the additional fine amount be allocated to the adult protective services agency, or equivalent elder abuse prevention agency, of the county prosecuting the offense. The bill would make changes to conform those provisions to changes made in AB 109 of the 2011–12 Regular Session. The bill would provide for restitution for a violation of these provisions committed through use of a signature stamp. The bill would additionally incorporate changes to Section 368 of the Penal Code proposed by AB 332, to be operative if both bills are enacted and become operative, as specified. Because this bill would create new crimes, the bill would create 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 SB 586?
SB 586 is sponsored by Alquist and Pavley.
What is the current status of SB 586?
This bill died with 2011-2012 Regular Session. It reached “To Executive” 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 586?
Track SB 586 free on One Click Politics — get push/email alerts when it moves.

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