CA SB972 | 2025-2026 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on February 4 2026 - 25% progression
Action: 2026-05-14 - May 14 hearing: Held in committee and under submission.
Pending: Senate Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 4 2026 - 25% progression
Action: 2026-05-14 - May 14 hearing: Held in committee and under submission.
Pending: Senate Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An act to amend Section 22002 of, and to add Section 22100.3 to, the Financial Code, relating to financial institutions.
Title
California Financing Law: commercial loans: investment advisers.
Sponsors
| Sen. Tim Grayson [D] |
Roll Calls
2026-04-20 - Senate - Placed on suspense file (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
2026-04-07 - Senate - Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar (Y: 12 N: 0 NV: 0 Abs: 1) [PASS]
2026-03-18 - Senate - Do pass, but first be re-referred to the Committee on [Judiciary] (Y: 6 N: 0 NV: 0 Abs: 1) [PASS]
2026-04-07 - Senate - Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar (Y: 12 N: 0 NV: 0 Abs: 1) [PASS]
2026-03-18 - Senate - Do pass, but first be re-referred to the Committee on [Judiciary] (Y: 6 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2026-05-14 | Senate | May 14 hearing: Held in committee and under submission. |
| 2026-05-08 | Senate | Set for hearing May 14. |
| 2026-04-20 | Senate | April 20 hearing: Placed on APPR. suspense file. |
| 2026-04-10 | Senate | Set for hearing April 20. |
| 2026-04-08 | Senate | From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 12. Noes 0. Page 3757.) (April 7). Re-referred to Com. on APPR. |
| 2026-03-25 | Senate | Set for hearing April 7. |
| 2026-03-18 | Senate | From committee: Do pass and re-refer to Com. on JUD. (Ayes 6. Noes 0. Page 3599.) (March 18). Re-referred to Com. on JUD. |
| 2026-02-24 | Senate | Set for hearing March 18. |
| 2026-02-11 | Senate | Referred to Coms. on B. & F.I. and JUD. |
| 2026-02-05 | Senate | From printer. May be acted upon on or after March 7. |
| 2026-02-04 | Senate | Introduced. Read first time. To Com. on RLS. for assignment. To print. |
Code Citations
| Chapter | Section | Citation Type | Statute Text |
|---|---|---|---|
| Financial Code | 22002 | Amended Code | Citation Text |
| Financial Code | 22100.3 | New Code | See Bill Text |
