Commercial law: secured transactions.
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AB 1858 — Commercial law: secured transactions.
Last action — Chaptered by Secretary of State - Chapter 284, Statutes of 2014.
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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✓Passed Assembly
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 19, 2014. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Cleared a recorded vote
Passed 5 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
The Uniform Commercial Code - Secured Transactions governs security interests in collateral, including personal property and fixtures, as well as certain sales of accounts, contract rights, and chattel paper. That code, among other things, specifies requirements and procedures regarding perfecting a security interest, including the filing of a financing statement with the Secretary of State. Existing law specifies that a financing statement sufficiently provides the name of a debtor, where the debtor is an individual, if it provides the individual name of the debtor or the surname and first personal name of the debtor. This bill would revise the manner in which a financing statement sufficiently provides the name of the debtor, where that debtor is an individual, to provide that, where the Department of Motor Vehicles has issued a driver's license that has not expired or identification card that has not expired to the individual, the statement sufficiently provides the name of the debtor only if the statement provides the name of the individual indicated on the license or card and, if the individual has not been issued a driver's license or identification card, the statement sufficiently provides the name of the debtor if it provides the individual name of the debtor or the surname and first personal name of the debtor. The bill would also implement transitional rules for carrying out these provisions. Existing provisions of the Unruh Civil Rights Act, with certain exceptions, prohibit various forms of arbitrary discrimination by business establishments. This bill would make it a violation of the Unruh Civil Rights Act for a secured party or proposed secured party to decline to provide credit to a debtor or proposed debtor, or offer to make the terms and conditions of such credit less favorable to the debtor or proposed debtor, if that decision was based on the fact that the debtor's name to be included on the financing statement is or would be that provided by a debtor to whom the Department of Motor Vehicles has not issued a driver's license that has not expired or an identification card that has not expired and all elements that would be required to establish a claim for violation of the Unruh Civil Rights Act are established.
Bill Text
- Chaptered 08/25/14 - Chaptered Current pdf August 25, 2014
- Enrolled 08/13/14 - Enrolled pdf August 13, 2014
- Amended 07/01/14 - Amended Senate pdf July 01, 2014
- Amended 06/15/14 - Amended Senate pdf June 15, 2014
- Amended 05/19/14 - Amended Assembly pdf May 19, 2014
- Amended 05/13/14 - Amended Assembly pdf May 13, 2014
- Introduced 02/19/14 - Introduced pdf February 19, 2014
- AB1858 View text html
Action History
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Chaptered by Secretary of State - Chapter 284, Statutes of 2014.
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Approved by the Governor.
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Enrolled and presented to the Governor at 3 p.m.
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Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 77. Noes 0. Page 5948.).
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In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 9 pursuant to Assembly Rule 77.
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Read third time. Passed. Ordered to the Assembly. (Ayes 35. Noes 0. Page 4365.).
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Read second time and amended. Ordered to third reading.
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From committee: Do pass as amended. (Ayes 7. Noes 0.) (June 24).
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From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD.
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Referred to Com. on JUD.
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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 73. Noes 0. Page 5098.)
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Read third time and amended. Ordered to third reading. (Page 5004.)
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Read second time. Ordered to third reading.
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Read second time and amended. Ordered to second reading.
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From committee: Do pass as amended. (Ayes 10. Noes 0.) (April 29).
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In committee: Hearing postponed by committee.
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In committee: Set, first hearing. Hearing canceled at the request of author.
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Referred to Com. on JUD.
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From printer. May be heard in committee March 22.
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Read first time. To print.
Sponsors
- Perea · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on
Sponsors (1)
- Perea
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 |
| Alejo | — | Yea |
| Bigelow | — | Yea |
| Bradford | — | Yea |
| Brown | — | Yea |
| Buchanan | — | Yea |
| Holden | — | Yea |
| Jones-Sawyer | — | Yea |
| Linder | — | Yea |
| Logue | — | Yea |
| Maienschein | — | Yea |
| Mansoor | — | Yea |
| Melendez | — | Yea |
| Ridley-Thomas | — | Yea |
| Ting | — | Yea |
| Waldron | — | Yea |
| Weber | — | Yea |
| Campos | — | Yea |
| Dababneh | — | Yea |
| Frazier | — | Yea |
| Daly | — | Yea |
| Gorell | — | Yea |
| Bloom | — | Yea |
| Nazarian | — | Yea |
| Rodriguez | — | Yea |
| Mullin | — | Yea |
| Dickinson | — | Yea |
| Allen | — | Yea |
| Olsen | — | Yea |
| Bonilla | — | Yea |
| Ammiano | — | Yea |
| Quirk | — | Yea |
| Wagner | — | Yea |
| Wieckowski | — | Yea |
| Wilk | — | Yea |
| Chau | — | Yea |
| Chesbro | — | Yea |
| Chávez | — | Yea |
| Conway | — | Yea |
| Cooley | — | Yea |
| Donnelly | — | Yea |
| Hall | — | Yea |
| Harkey | — | Yea |
| Medina | — | Yea |
| Pan | — | Yea |
| Rendon | — | Yea |
| Skinner | — | Yea |
| Gray | — | Yea |
| Bocanegra | — | Yea |
| John A. Pérez | — | Yea |
| Salas | — | Yea |
| Lowenthal | — | Yea |
| Garcia | — | Yea |
| Atkins | — | Yea |
| Fong | — | Yea |
| Levine | — | Yea |
| Nestande | — | Yea |
| Perea | — | Yea |
| Williams | — | Yea |
| Eggman | — | Not Voting |
| Fox | — | Yea |
| Gatto | — | Yea |
| Yamada | — | Not Voting |
| Gomez | — | Yea |
| Gordon | — | Yea |
| Hagman | — | 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 | 33 | 0 | 0 | 4 |
| Democratic | 2 | 0 | 0 | 1 |
| Total | 35 | 0 | 0 | 5 |
| % of votes cast | 88% | 0% | 0% | 13% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Block | — | Yea |
| Hernandez | — | Yea |
| Leno | — | Yea |
| Morrell | — | Yea |
| Pavley | — | Yea |
| Torres | — | Yea |
| Walters | — | Yea |
| Wright | — | Not Voting |
| Evans | — | Yea |
| Wyland | — | Yea |
| Yee | — | Not Voting |
| Cannella | — | Yea |
| Galgiani | — | Yea |
| Hancock | — | Not Voting |
| Mitchell | — | Yea |
| De León | — | Yea |
| Hill | — | Yea |
| Hueso | — | Yea |
| Corbett | — | Yea |
| Huff | — | Yea |
| Knight | — | Yea |
| Anderson | — | Yea |
| Beall | — | Yea |
| Correa | — | Yea |
| Lara | — | Yea |
| Lieu | — | Not Voting |
| Liu | — | Yea |
| Monning | — | Yea |
| Nielsen | — | Yea |
| Roth | — | Yea |
| Steinberg | — | Yea |
| Vidak | — | Yea |
| Wolk | — | Yea |
| DeSaulnier | — | Yea |
| Fuller | — | Yea |
| Beth Gaines | — | Yea |
| Bill Berryhill | — | Yea |
| Calderon, Lisa | Democratic | Not Voting |
| Jackson, Corey A. | Democratic | Yea |
| Padilla, Stephen C. | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 6 | 0 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 7 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Anderson | — | Yea |
| Lara | — | Yea |
| Vidak | — | Yea |
| Corbett | — | Yea |
| Leno | — | Yea |
| Monning | — | Yea |
| Jackson, Corey A. | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 66 | 0 | 0 | 6 |
| Democratic | 4 | 0 | 0 | 0 |
| Republican | 3 | 0 | 0 | 0 |
| Total | 73 | 0 | 0 | 6 |
| % of votes cast | 92% | 0% | 0% | 8% |
How each member voted (79)
| Member | Party | Vote |
|---|---|---|
| Achadjian | — | Yea |
| Bigelow | — | Yea |
| Bloom | — | Yea |
| Bradford | — | Yea |
| Brown | — | Yea |
| Buchanan | — | Yea |
| Harkey | — | Not Voting |
| Levine | — | Yea |
| Linder | — | Yea |
| Maienschein | — | Yea |
| Nestande | — | Yea |
| Ridley-Thomas | — | Yea |
| Ting | — | Yea |
| Waldron | — | Yea |
| Campos | — | Yea |
| Frazier | — | Yea |
| Cooley | — | Yea |
| Allen | — | Yea |
| Lowenthal | — | Yea |
| Gomez | — | Yea |
| Garcia | — | Yea |
| Gray | — | Yea |
| Atkins | — | Yea |
| Gorell | — | Yea |
| Fong | — | Yea |
| Dababneh | — | Yea |
| Daly | — | Yea |
| Hagman | — | Yea |
| Holden | — | Yea |
| Jones-Sawyer | — | Yea |
| Logue | — | Yea |
| Mansoor | — | Yea |
| Bocanegra | — | Yea |
| Medina | — | Yea |
| Alejo | — | Yea |
| Ammiano | — | Yea |
| Dickinson | — | Yea |
| Eggman | — | Yea |
| Melendez | — | Yea |
| Mullin | — | Yea |
| Nazarian | — | Yea |
| Olsen | — | Yea |
| Pan | — | Yea |
| Perea | — | Yea |
| Quirk | — | Yea |
| Rodriguez | — | Yea |
| Skinner | — | Yea |
| Wieckowski | — | Yea |
| Wilk | — | Yea |
| Williams | — | Yea |
| John A. Pérez | — | Yea |
| Salas | — | Yea |
| Chau | — | Yea |
| Bonilla | — | Not Voting |
| Chesbro | — | Yea |
| Chávez | — | Yea |
| Conway | — | Yea |
| Donnelly | — | Not Voting |
| Rendon | — | Yea |
| Wagner | — | Yea |
| Weber | — | Yea |
| Fox | — | Yea |
| Gatto | — | Yea |
| Yamada | — | Not Voting |
| Gordon | — | Yea |
| Hall | — | Yea |
| Beth Gaines | — | Yea |
| Jim Patterson | — | Yea |
| Lorena Gonzalez | — | Yea |
| Mark Stone | — | Yea |
| Roger Hernández | — | Not Voting |
| V. Manuel Pérez | — | Not Voting |
| 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 | 9 | 0 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 10 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (10)
| Member | Party | Vote |
|---|---|---|
| Alejo | — | Yea |
| Maienschein | — | Yea |
| Wagner | — | Yea |
| Garcia | — | Yea |
| Gorell | — | Yea |
| Chau | — | Yea |
| Wieckowski | — | Yea |
| Dickinson | — | Yea |
| Mark Stone | — | Yea |
| Muratsuchi, Al | Democratic | Yea |
Subjects
Frequently asked questions
- What does AB 1858 do?
- The Uniform Commercial Code - Secured Transactions governs security interests in collateral, including personal property and fixtures, as well as certain sales of accounts, contract rights, and chattel paper. That code, among other things, specifies requirements and procedures regarding perfecting a security interest, including the filing of a financing statement with the Secretary of State. Existing law specifies that a financing statement sufficiently provides the name of a debtor, where the debtor is an individual, if it provides the individual name of the debtor or the surname and first personal name of the debtor. This bill would revise the manner in which a financing statement sufficiently provides the name of the debtor, where that debtor is an individual, to provide that, where the Department of Motor Vehicles has issued a driver's license that has not expired or identification card that has not expired to the individual, the statement sufficiently provides the name of the debtor only if the statement provides the name of the individual indicated on the license or card and, if the individual has not been issued a driver's license or identification card, the statement sufficiently provides the name of the debtor if it provides the individual name of the debtor or the surname and first personal name of the debtor. The bill would also implement transitional rules for carrying out these provisions. Existing provisions of the Unruh Civil Rights Act, with certain exceptions, prohibit various forms of arbitrary discrimination by business establishments. This bill would make it a violation of the Unruh Civil Rights Act for a secured party or proposed secured party to decline to provide credit to a debtor or proposed debtor, or offer to make the terms and conditions of such credit less favorable to the debtor or proposed debtor, if that decision was based on the fact that the debtor's name to be included on the financing statement is or would be that provided by a debtor to whom the Department of Motor Vehicles has not issued a driver's license that has not expired or an identification card that has not expired and all elements that would be required to establish a claim for violation of the Unruh Civil Rights Act are established.
- Who sponsors AB 1858?
- AB 1858 is sponsored by Perea.
- What is the current status of AB 1858?
- This bill has been enacted into law. Introduced February 19, 2014. Enacted.
- Where can I track AB 1858?
- Track AB 1858 free on One Click Politics — get push/email alerts when it moves.
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