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    SB-728
    Budget & Economy

    California Financing Law.

    Introduced
    CA
    ∙
    2025-2026 Regular Session
    0
    0
    0
    Track
    Track

    Key Takeaways

    • Undeveloped "intent bill" that aims to expand oversight of currently unregulated small business financing products.
    10% progression
    Bill has been formally introduced and read for the first time in its house of origin (2/21/2025)
    Probability of Passing
    We're working on it! Check back later.

    Summary

    Senator Padilla has introduced an intent bill to expand oversight of small business financing products currently outside existing state lending regulations. The proposal aims to strengthen consumer protections in the financial services sector, though specific provisions will be developed as the bill progresses.

    Get Involved

    Act Now!

    This bill was recently introduced. Email the authors to let them know what you think about it.

    Introduced By

    Steve Padilla
    Steve PadillaD
    California State Senator

    Community Outlook

    No votes yet
    Positive
    0%
    Negative
    0%

    Latest Voting History

    View History
    No Voting History Available
    N/A
    There are currently no voting records for this bill.

    Key Dates

    Next Step
    Referred to the Senate Standing Committee on Rules
    Next Step
    Senate Committee
    Referred to the Senate Standing Committee on Rules
    Hearing has not been scheduled yet
    Introduced. To Com. on RLS. for assignment. To print.
    Senate Floor
    Introduced. To Com. on RLS. for assignment. To print.
    Introduced. To Com. on RLS. for assignment. To print.

    Relevant Contacts

    Profile
    Shannon GroveR
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    Brian JonesR
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    Mike McGuireD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    Eloise ReyesD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    John LairdD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    0 of 6 row(s) selected.
    Page 1 of 2
    Select All Legislators
    Profile
    Shannon GroveR
    Senator
    Committee Member
    Profile
    Brian JonesR
    Senator
    Committee Member
    Profile
    Mike McGuireD
    Senator
    Committee Member
    Profile
    Eloise ReyesD
    Senator
    Committee Member
    Profile
    John LairdD
    Senator
    Committee Member
    Profile
    Steve PadillaD
    Senator
    Bill Author

    Key Takeaways

    • Undeveloped "intent bill" that aims to expand oversight of currently unregulated small business financing products.

    Get Involved

    Act Now!

    This bill was recently introduced. Email the authors to let them know what you think about it.

    Introduced By

    Steve Padilla
    Steve PadillaD
    California State Senator

    Summary

    Senator Padilla has introduced an intent bill to expand oversight of small business financing products currently outside existing state lending regulations. The proposal aims to strengthen consumer protections in the financial services sector, though specific provisions will be developed as the bill progresses.

    10% progression
    Bill has been formally introduced and read for the first time in its house of origin (2/21/2025)
    Probability of Passing
    We're working on it! Check back later.

    Key Dates

    Next Step
    Referred to the Senate Standing Committee on Rules
    Next Step
    Senate Committee
    Referred to the Senate Standing Committee on Rules
    Hearing has not been scheduled yet
    Introduced. To Com. on RLS. for assignment. To print.
    Senate Floor
    Introduced. To Com. on RLS. for assignment. To print.
    Introduced. To Com. on RLS. for assignment. To print.

    Community Outlook

    No votes yet
    Positive
    0%
    Negative
    0%

    Latest Voting History

    View History
    No Voting History Available
    N/A
    There are currently no voting records for this bill.

    Relevant Contacts

    Profile
    Shannon GroveR
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    Brian JonesR
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    Mike McGuireD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    Eloise ReyesD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    John LairdD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    0 of 6 row(s) selected.
    Page 1 of 2
    Select All Legislators
    Profile
    Shannon GroveR
    Senator
    Committee Member
    Profile
    Brian JonesR
    Senator
    Committee Member
    Profile
    Mike McGuireD
    Senator
    Committee Member
    Profile
    Eloise ReyesD
    Senator
    Committee Member
    Profile
    John LairdD
    Senator
    Committee Member
    Profile
    Steve PadillaD
    Senator
    Bill Author