California 2013-2014 Regular Session Status: Enacted

AB 2742 — Business: corporations and financial services.

Last action — Chaptered by Secretary of State - Chapter 64, Statutes of 2014.

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  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 27, 2014. Enacted.

Prognosis

Likely to advance 70% · 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.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 4 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 provides for the licensure and regulation of various professions and vocations by boards within the Department of Consumer Affairs, including the licensure and regulation of real estate appraisers by the Bureau of Real Estate Appraisers. Existing law provides for the organization and governance of specified business entities, including corporations and partnerships. Existing law establishes the Department of Business Oversight, headed by the Commissioner of Business Oversight, and provides that the department is in charge of the execution of specified laws relating to various financial institutions and financial services, including banks, trust companies, credit unions, finance lenders, and residential mortgage lenders. This bill would make various technical changes to these and other provisions of law, including updating cross-references and definitions in accordance with changes made to the law pursuant to Chapter 243 of the Statutes of 2011 and updating cross-references to certain federal laws and federal regulatory entities.

Bill Text

Action History

  1. Chaptered by Secretary of State - Chapter 64, Statutes of 2014.

  2. Approved by the Governor.

  3. Enrolled and presented to the Governor at 11:45 a.m.

  4. In Assembly. Ordered to Engrossing and Enrolling.

  5. Read third time. Passed. Ordered to the Assembly. (Ayes 35. Noes 0. Page 3928.).

  6. Read second time. Ordered to consent calendar.

  7. From committee: Do pass. To consent calendar. (Ayes 8. Noes 0.) (June 4).

  8. Referred to Com. on B. & F.I.

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

  10. Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 4478.)

  11. Read second time. Ordered to consent calendar.

  12. From committee: Do pass. To consent calendar. (Ayes 12. Noes 0.) (April 7).

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

  14. From printer. May be heard in committee March 30.

  15. Read first time. To print.

Sponsors

  • Committee on Banking and Finance · Primary

Sponsorship breakdown

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

Sponsors (1)

  • Committee on Banking and Finance

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.

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

Passed 35 Yea · 0 Nay · 5 Other
Party YeaNayPresentNot Voting
Unaffiliated 33004
Democratic 2001
Total 35005
% of votes cast 88%0%0%13%
How each member voted (40)
Member Party Vote
Anderson — Yea
Beall — Yea
Block — Yea
Hill — Yea
Hueso — Yea
Lara — Yea
Monning — Yea
Nielsen — Yea
Pavley — Yea
Torres — Yea
Evans — Yea
Fuller — Yea
Galgiani — Yea
Cannella — Yea
Hancock — Yea
Mitchell — Yea
De León — Yea
Hernandez — Yea
Correa — Yea
Huff — Yea
Leno — Yea
Lieu — Yea
Liu — Yea
Steinberg — Yea
Corbett — Yea
Wright — Not Voting
Knight — Yea
Morrell — Yea
Roth — Yea
Vidak — Yea
Walters — Not Voting
Wolk — Yea
DeSaulnier — Yea
Wyland — Yea
Yee — Not Voting
Beth Gaines — Yea
Bill Berryhill — Not Voting
Calderon, Lisa Democratic Not Voting
Jackson, Corey A. Democratic Yea
Padilla, Stephen C. Democratic Yea

Official roll call →

Passed 8 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 8001
Total 8001
% of votes cast 89%0%0%11%
How each member voted (9)
Member Party Vote
Block — Yea
Hill — Yea
Hueso — Not Voting
Vidak — Yea
Morrell — Yea
Torres — Yea
Roth — Yea
Correa — Yea
Evans — Yea

Official roll call →

Passed 77 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 70002
Democratic 4000
Republican 3000
Total 77002
% of votes cast 97%0%0%3%
How each member voted (79)
Member Party Vote
Achadjian — Yea
Bigelow — Yea
Bloom — Yea
Bradford — Yea
Brown — Yea
Buchanan — Yea
Jones-Sawyer — Yea
Levine — Yea
Linder — Yea
Mansoor — Yea
Pan — Yea
Rendon — Yea
Skinner — Yea
Frazier — Yea
Gordon — Yea
Campos — Yea
Gorell — Yea
Holden — Yea
Logue — Yea
Mullin — Yea
Chau — Yea
Allen — Yea
Bonilla — Yea
Nazarian — Yea
Olsen — Yea
Quirk — Yea
Gray — Yea
Alejo — Yea
Ammiano — Yea
Chávez — Yea
Conway — Yea
Cooley — Yea
Daly — Yea
Donnelly — Yea
Eggman — Yea
Ridley-Thomas — Yea
Rodriguez — Yea
Ting — Yea
Wagner — Yea
Weber — Yea
Wieckowski — Yea
Wilk — Yea
Bocanegra — Yea
John A. Pérez — Yea
Salas — Yea
Lowenthal — Yea
Garcia — Yea
Gatto — Yea
Atkins — Yea
Fong — Yea
Harkey — Not Voting
Chesbro — Yea
Dababneh — Yea
Maienschein — Yea
Medina — Yea
Melendez — Not Voting
Nestande — Yea
Perea — Yea
Waldron — Yea
Williams — Yea
Dickinson — Yea
Fox — Yea
Yamada — Yea
Gomez — Yea
Hagman — 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

Official roll call →

Passed 12 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 11000
Democratic 1000
Total 12000
% of votes cast 100%0%0%0%
How each member voted (12)
Member Party Vote
Achadjian — Yea
Linder — Yea
Perea — Yea
Rodriguez — Yea
Williams — Yea
Dickinson — Yea
Gatto — Yea
Allen — Yea
Chau — Yea
Harkey — Yea
Weber — Yea
Bonta, Mia Democratic Yea

Official roll call →

Subjects

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Frequently asked questions

What does AB 2742 do?
Existing law provides for the licensure and regulation of various professions and vocations by boards within the Department of Consumer Affairs, including the licensure and regulation of real estate appraisers by the Bureau of Real Estate Appraisers. Existing law provides for the organization and governance of specified business entities, including corporations and partnerships. Existing law establishes the Department of Business Oversight, headed by the Commissioner of Business Oversight, and provides that the department is in charge of the execution of specified laws relating to various financial institutions and financial services, including banks, trust companies, credit unions, finance lenders, and residential mortgage lenders. This bill would make various technical changes to these and other provisions of law, including updating cross-references and definitions in accordance with changes made to the law pursuant to Chapter 243 of the Statutes of 2011 and updating cross-references to certain federal laws and federal regulatory entities.
Who sponsors AB 2742?
AB 2742 is sponsored by Committee on Banking and Finance.
What is the current status of AB 2742?
This bill has been enacted into law. Introduced February 27, 2014. Enacted.
Where can I track AB 2742?
Track AB 2742 free on One Click Politics — get push/email alerts when it moves.

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