Timothy S. Grayson
- Democratic
- Assemblymember
- District 14
Author
Existing law, the California Financing Law (CFL) , prohibits a finance lender, broker, mortgage loan originator, or program administrator licensee from transacting the business licensed or make a loan or administer a PACE program provided for by the law under another name or at another place of business than that named in the license except pursuant to a currently effective written order of the Commissioner of Financial Protection and Innovation authorizing the other name or other place of business. This bill would authorize a licensee under the CFL to designate an employee, when acting within the scope of employment, to perform work on the licensee's behalf at a remote location, as defined, if the licensee takes certain actions, including that the licensee prohibits a consumer's personal information from being physically stored at a remote location except for storage on an encrypted device or encrypted media. The bill would define "encrypted" for these purposes.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 74. Noes 0.).
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 10 pursuant to Assembly Rule 77.
Read third time. Passed. Ordered to the Assembly. (Ayes 36. Noes 0.).
Read second time. Ordered to Consent Calendar.
From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar.
From committee: Do pass and re-refer to Com. on APPR with recommendation: To Consent Calendar. (Ayes 10. Noes 0.) (June 28). Re-referred to Com. on APPR.
From committee: Do pass and re-refer to Com. on JUD. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (June 22). Re-referred to Com. on JUD.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 5010.)
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 16. Noes 0.) (May 19).
In committee: Set, first hearing. Referred to suspense file.
Read second time and amended.
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (April 19).
From committee: Do pass and re-refer to Com. on P. & C.P. (Ayes 9. Noes 0.) (March 28). Re-referred to Com. on P. & C.P.
Referred to Coms. on B. & F. and P. & C.P.
From printer. May be heard in committee March 17.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB2001 | HTML |
| 02/14/22 - Introduced | |
| 04/21/22 - Amended Assembly | |
| 06/09/22 - Amended Senate |
| Document | Format |
|---|---|
| 03/25/22- Assembly Banking and Finance | |
| 04/13/22- Assembly Privacy and Consumer Protection | |
| 05/09/22- Assembly Appropriations | |
| 05/20/22- ASSEMBLY FLOOR ANALYSIS | |
| 06/20/22- Senate Banking and Financial Institutions | |
| 06/24/22- Senate Judiciary | |
| 08/03/22- Sen. Floor Analyses | |
| 08/10/22- ASSEMBLY FLOOR ANALYSIS |
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