Escrow companies: Fidelity Corporation: hearings.
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AB 1679 — Escrow companies: Fidelity Corporation: hearings.
Last action — From Senate committee without further action.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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3Passed Assembly
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 2013-2014 Regular Session. It reached “Passed Assembly” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 licensing of escrow agents by the Commissioner of Business Oversight, and requires licensees to participate as members of the Escrow Agents' Fidelity Corporation, a nonprofit corporation established to pay members for loss of trust obligations, as specified. Existing law authorizes a member or successor in interest aggrieved by any action or decision of Fidelity Corporation to file a written request for a hearing with the commissioner, as provided. Existing law requires the commissioner to abstain from proceeding with a hearing under certain circumstances. This bill would additionally require the commissioner to abstain if an employee of the department is the member's successor in interest.
Bill Text
What changed in the latest version
1 added · 1 removedPlain-language change summary
The new version of Bill AB 1679 includes some added language that clarifies the existing provisions, while eliminating a section that was potentially confusing. This change is important because it helps ensure that everyone understands the bill better and reduces the chances of misinterpretation. By simplifying the language, the bill aims to make its purpose and impact clearer for all stakeholders involved.
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View plain text versions (2)
- Introduced 02/12/14 - Introduced Current pdf February 12, 2014
- AB1679 View text html
Action History
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From Senate committee without further action.
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In committee: Set, first hearing. Hearing canceled at the request of author.
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Referred to Coms. on B. & F.I. and APPR.
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In Senate. Read first time. To Com. on RLS. for assignment.
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Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 4478.)
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Read second time. Ordered to consent calendar.
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From committee: Do pass. To consent calendar. (Ayes 12. Noes 0.) (April 7).
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Referred to Com. on B. & F.
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From printer. May be heard in committee March 15.
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Read first time. To print.
Sponsors
- Harkey · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on
Sponsors (1)
- Harkey
Co-sponsors (0)
None.
Not signed on (121)
121 members have not signed on to this bill.
Show all 121 →"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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 70 | 0 | 0 | 2 |
| Democratic | 4 | 0 | 0 | 0 |
| Republican | 3 | 0 | 0 | 0 |
| Total | 77 | 0 | 0 | 2 |
| % of votes cast | 97% | 0% | 0% | 3% |
How each member voted (79)
| Member | Party | Vote |
|---|---|---|
| Achadjian | — | Yea |
| Ammiano | — | Yea |
| Bloom | — | Yea |
| Bradford | — | Yea |
| Brown | — | Yea |
| Buchanan | — | Yea |
| Jones-Sawyer | — | Yea |
| Linder | — | Yea |
| Maienschein | — | Yea |
| Mansoor | — | Yea |
| Melendez | — | Not Voting |
| Rodriguez | — | Yea |
| Wagner | — | Yea |
| Wieckowski | — | Yea |
| Daly | — | Yea |
| Gorell | — | Yea |
| Campos | — | Yea |
| Frazier | — | Yea |
| Gomez | — | Yea |
| Chau | — | Yea |
| Allen | — | Yea |
| Chesbro | — | Yea |
| Bonilla | — | Yea |
| Hagman | — | Yea |
| Harkey | — | Not Voting |
| Holden | — | Yea |
| Levine | — | Yea |
| Logue | — | Yea |
| Gray | — | Yea |
| Medina | — | Yea |
| Mullin | — | Yea |
| Bocanegra | — | Yea |
| John A. Pérez | — | Yea |
| Salas | — | Yea |
| Lowenthal | — | Yea |
| Nazarian | — | Yea |
| Garcia | — | Yea |
| Nestande | — | Yea |
| Atkins | — | Yea |
| Fong | — | Yea |
| Alejo | — | Yea |
| Bigelow | — | Yea |
| Chávez | — | Yea |
| Conway | — | Yea |
| Cooley | — | Yea |
| Dababneh | — | Yea |
| Donnelly | — | Yea |
| Eggman | — | Yea |
| Olsen | — | Yea |
| Pan | — | Yea |
| Perea | — | Yea |
| Quirk | — | Yea |
| Rendon | — | Yea |
| Ridley-Thomas | — | Yea |
| Skinner | — | Yea |
| Ting | — | Yea |
| Waldron | — | Yea |
| Weber | — | Yea |
| Wilk | — | Yea |
| Williams | — | Yea |
| Dickinson | — | Yea |
| Fox | — | Yea |
| Gatto | — | Yea |
| Yamada | — | Yea |
| Gordon | — | Yea |
| Hall | — | Yea |
| Beth Gaines | — | Yea |
| Jim Patterson | — | Yea |
| Lorena Gonzalez | — | Yea |
| Mark Stone | — | Yea |
| Roger Hernández | — | Yea |
| V. Manuel Pérez | — | Yea |
| Bonta, Mia | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Muratsuchi, Al | Democratic | Yea |
| Quirk-Silva, Sharon | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 11 | 0 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 12 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (12)
| Member | Party | Vote |
|---|---|---|
| Achadjian | — | Yea |
| Linder | — | Yea |
| Harkey | — | Yea |
| Allen | — | Yea |
| Chau | — | Yea |
| Perea | — | Yea |
| Rodriguez | — | Yea |
| Weber | — | Yea |
| Williams | — | Yea |
| Dickinson | — | Yea |
| Gatto | — | Yea |
| Bonta, Mia | Democratic | Yea |
Subjects
Frequently asked questions
- What does AB 1679 do?
- Existing law provides for the licensing of escrow agents by the Commissioner of Business Oversight, and requires licensees to participate as members of the Escrow Agents' Fidelity Corporation, a nonprofit corporation established to pay members for loss of trust obligations, as specified. Existing law authorizes a member or successor in interest aggrieved by any action or decision of Fidelity Corporation to file a written request for a hearing with the commissioner, as provided. Existing law requires the commissioner to abstain from proceeding with a hearing under certain circumstances. This bill would additionally require the commissioner to abstain if an employee of the department is the member's successor in interest.
- Who sponsors AB 1679?
- AB 1679 is sponsored by Harkey.
- What is the current status of AB 1679?
- This bill died with 2013-2014 Regular Session. It reached “Passed Assembly” 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 1679?
- Track AB 1679 free on One Click Politics — get push/email alerts when it moves.
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