California 2011-2012 Regular Session Status: In Committee

AB 2646 — Credit unions: branch offices: Indian reservations.

Last action — In committee: Set, first hearing. Hearing canceled at the request of author.

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

This bill died with 2011-2012 Regular Session. It reached “In Committee” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 provides for the formation and regulation of state-certified credit unions and requires that a credit union obtain a certificate of authority from the Commissioner of Financial Institutions to transact business as a credit union. Existing law prohibits a credit union from establishing a branch in another state or in a foreign nation, as defined, without obtaining specified approval. This bill would authorize a state-certified credit union, with the approval of the appropriate tribal government, to operate a branch office on an Indian reservation.

Bill Text

Action History

  1. In committee: Set, first hearing. Hearing canceled at the request of author.

  2. Re-referred to Com. on B. & F.

  3. From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.

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

  5. Read first time.

  6. From printer. May be heard in committee March 27.

  7. Introduced. To print.

Sponsors

  • Gatto · Primary

Sponsorship breakdown

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

Sponsors (1)

  • Gatto

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

Subjects

finance housing
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Frequently asked questions

What does AB 2646 do?
Existing law provides for the formation and regulation of state-certified credit unions and requires that a credit union obtain a certificate of authority from the Commissioner of Financial Institutions to transact business as a credit union. Existing law prohibits a credit union from establishing a branch in another state or in a foreign nation, as defined, without obtaining specified approval. This bill would authorize a state-certified credit union, with the approval of the appropriate tribal government, to operate a branch office on an Indian reservation.
Who sponsors AB 2646?
AB 2646 is sponsored by Gatto.
What is the current status of AB 2646?
This bill died with 2011-2012 Regular Session. It reached “In Committee” 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 AB 2646?
Track AB 2646 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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