California 1995-1996 Regular Session Status: Introduced

SB 1552 — Industrial loan companies: loans.

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 1995-1996 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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.

In plain language

The bill allows industrial loan companies to increase loans to non-residents to 40% of total assets.

SB 1552 amends the Financial Code to permit industrial loan companies to apply for approval to increase the percentage of loans to non-residents from 20% to 40% of their total assets, under certain conditions.

Bill Text

What changed in the latest version

1 added · 1 removed

Plain-language change summary

The latest version of Bill SB 1552 includes an additional line, but also removes one line from the previous draft. This change could indicate an effort to clarify or simplify the language of the bill, making it easier to understand for everyone. These adjustments are important because they can affect how the bill is interpreted and implemented.

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Sponsors

  • Wright · Cosponsor

Sponsorship breakdown

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

Sponsors (0)

None.

Co-sponsors (1)

  • Wright

Not signed on (121)

121 members have not signed on to this bill.

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"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

Who sponsors SB 1552?
SB 1552 is sponsored by Wright.
What is the current status of SB 1552?
This bill died with 1995-1996 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 SB 1552?
Track SB 1552 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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