California 2021-2022 Regular Session Status: Introduced

AB 1392 — Proposed banks and trust companies: application.

Last action — Died at Desk.

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  1. 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 2021-2022 Regular Session. It reached “Introduced” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 establishes the Department of Financial Protection and Innovation, headed by the Commissioner of Financial Protection and Innovation, and charges the department with administering various laws relating to financial institutions, including banks and trust companies. Existing law requires the commissioner, upon the filing of an application to establish a bank or trust company, to make or cause to be made a careful investigation and examination relative to, among other things, the character, reputation, and financial standing of the organizers or incorporators, as specified. This bill would make a nonsubstantive change to these provisions.

Bill Text

What changed in the latest version

1 added · 1 removed

1 line(s) added, 1 removed.

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Action History

  1. Died at Desk.

  2. Read first time.

  3. From printer. May be heard in committee March 22.

  4. Introduced. To print.

Sponsors

  • Levine · Primary

Sponsorship breakdown

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

Sponsors (1)

  • Levine

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

Subjects

finance
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Frequently asked questions

What does AB 1392 do?
Existing law establishes the Department of Financial Protection and Innovation, headed by the Commissioner of Financial Protection and Innovation, and charges the department with administering various laws relating to financial institutions, including banks and trust companies. Existing law requires the commissioner, upon the filing of an application to establish a bank or trust company, to make or cause to be made a careful investigation and examination relative to, among other things, the character, reputation, and financial standing of the organizers or incorporators, as specified. This bill would make a nonsubstantive change to these provisions.
Who sponsors AB 1392?
AB 1392 is sponsored by Levine.
What is the current status of AB 1392?
This bill died with 2021-2022 Regular Session. It reached “Introduced” 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 1392?
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Last checked for changes 3 months ago · updated continuously

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