Bill Text: CA AB1296 | 2023-2024 | Regular Session | Amended
Bill Title: Bar pilots: regulation of vessels.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Engrossed) 2024-08-22 - Re-referred to Com. on TRANS. pursuant to Assembly Rule 77.2. [AB1296 Detail]
Download: California-2023-AB1296-Amended.html
Amended
IN
Senate
June 10, 2024 |
Amended
IN
Assembly
April 11, 2023 |
Introduced by Assembly Member Grayson (Principal coauthor: Senator Dodd) |
February 16, 2023 |
LEGISLATIVE COUNSEL'S DIGEST
Existing law, the California Consumer Financial Protection Law, generally regulates the provision of consumer financial products and services by covered persons. The law requires the Commissioner of Financial Protection and Innovation to, among other things, prepare and publish on the Department of Financial Protection and Innovation’s internet website an annual report detailing actions taken during the prior year under the law. The law requires the report to include information on actions taken with respect to rulemaking, enforcement, oversight, consumer complaints and resolutions, education, and research.
This bill would, until January 1,
2028, require the report described above to separate information described above with respect to crypto assets and associated consumer financial products and services, as specified, from information described above with respect to other consumer financial products and services.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
The Legislature finds and declares all of the following:SEC. 2.
Article 9 (commencing with Section 1147) is added to Chapter 1 of Division 5 of the Harbors and Navigation Code, to read:Article 9. Regulation of Pilot Station Boats
1147.
For purposes of this article, the following definitions apply:1147.1.
(a) A state regulation shall not require or compel, directly or indirectly, the San Francisco bar pilots to replace a pilot station boat unless the state regulation authorizes the San Francisco bar pilots to replace the pilot station boat upon the pilot station boat reaching the end of its useful service life, as determined by the State Air Resources Board in consultation with the board and board-approved accredited marine surveyor, and not before the pilot station boat reaches the end of its useful service life.SEC. 3.
The Legislature finds and declares that a special statute is necessary and that a general statute cannot be made applicable within the meaning of Section 16 of Article IV of the California Constitution because of the unique needs of the San Francisco bar pilots who provide pilotage service on Monterey Bay and the Bays of San Francisco, San Pablo, and Suisun.(a)The commissioner shall prepare and publish on the department’s internet website an annual report detailing actions taken during the prior year under this division.
(b)The report described in subdivision (a) shall include, but not be limited to, information on actions taken with respect to both of the following:
(1)(A)Rulemaking, enforcement, oversight, consumer complaints and resolutions, education, and research.
(B)The
report required by this subdivision shall separate information described by subparagraph (A) with respect to crypto assets and associated consumer financial products and services, pursuant to Executive Order No. N-09-22, from information described by subparagraph (A) with respect to other consumer financial products and services.
(2)The activities of the Office of Financial Technology Innovation.
(c)The report may include recommendations, including those intended to result in improved oversight, greater transparency, or increased availability of beneficial financial products and services in the marketplace.
(d)This section shall remain in effect only until January 1, 2028, and as of that date is repealed.
(a)The commissioner shall prepare and publish on the department’s internet website an annual report detailing actions taken during the prior year under this division.
(b)The report described in subdivision (a) shall include, but not be limited to, information on actions taken with respect to both of the following:
(1)Rulemaking, enforcement, oversight, consumer complaints and resolutions, education, and research.
(2)The activities of the Office of Financial Technology Innovation.
(c)The report may include recommendations, including those intended
to result in improved oversight, greater transparency, or increased availability of beneficial financial products and services in the marketplace.
(d)This section shall become operative on January 1, 2028.