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CA AB2231

Bill

Status

Passed

9/12/2024

Primary Sponsor

Mike Gipson

Click for details

Origin

State Assembly

2023-2024 Session

AI Summary

AB 2231 Summary

  • Establishes the California Pawnbroker Education Council governed by a board of directors including representatives from law enforcement, the Department of Justice, licensed pawnbrokers, and an attorney

  • Requires the council to develop a standard curriculum by January 1, 2026 that includes at least 8 hours of prelicensing education for new applicants and 8 hours of continuing education for licensees seeking renewal

  • Mandates curriculum cover compliance with federal laws (bankruptcy, anti-money laundering, lending) and state laws including California Pawn and Secondhand Dealer System (CAPSS) reporting requirements

  • Requires individuals and entities offering approved educational courses to apply for and obtain council approval before providing prelicensing or continuing education courses

  • Sunsets all provisions of the education requirements and the council on January 1, 2029

Legislative Description

Pawnbrokers: education.

Last Action

Chaptered by Secretary of State - Chapter 223, Statutes of 2024.

9/12/2024

Committee Referrals

Appropriations7/3/2024
Business, Professions and Economic Development6/5/2024
Rules5/23/2024
Appropriations4/16/2024
Business and Professions4/2/2024
Banking and Finance2/26/2024

Full Bill Text

No bill text available