Consumer finance protections: Department of Business Oversight: personnel.
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AB 1048 — Consumer finance protections: Department of Business Oversight: personnel.
Last action — From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In 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 2019-2020 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 regulation of banks, savings associations, credit unions, industrial loan companies, and other financial institutions by the Commissioner of Business Oversight, and grants the commissioner specified enforcement powers in relation to those provisions. This bill would, upon appropriation by the Legislature, require the Department of Business Oversight to hire specified staff to increase the department's investigations of potential cases of consumer harm, as specified. The bill would make additional findings and declarations in this regard.
Bill Text
- Amended 03/21/19 - Amended Assembly Current pdf March 21, 2019
- Introduced 02/21/19 - Introduced pdf February 21, 2019
- AB1048 View text html
Action History
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From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
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Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
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Re-referred to Com. on B. & F.
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From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.
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Referred to Com. on B. & F.
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From printer. May be heard in committee March 24.
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Read first time. To print.
Sponsors
- Monique Limón · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on
Sponsors (1)
- Limón, Monique Democratic
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.
Subjects
Frequently asked questions
- What does AB 1048 do?
- Existing law provides for the regulation of banks, savings associations, credit unions, industrial loan companies, and other financial institutions by the Commissioner of Business Oversight, and grants the commissioner specified enforcement powers in relation to those provisions. This bill would, upon appropriation by the Legislature, require the Department of Business Oversight to hire specified staff to increase the department's investigations of potential cases of consumer harm, as specified. The bill would make additional findings and declarations in this regard.
- Who sponsors AB 1048?
- AB 1048 is sponsored by Limón, Monique (Democratic).
- What is the current status of AB 1048?
- This bill died with 2019-2020 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 1048?
- Track AB 1048 free on One Click Politics — get push/email alerts when it moves.
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