CA AB3148

Changes how deferred deposit transaction licensees are assessed for administrative costs, from a per-location basis to a proportion based on their total dollar volume of transactions relative to all licensees.

Pro rata share is determined by dividing a licensee's total dollar amount of deferred deposit transactions by the aggregate total dollar amount made by all licensees, as reported annually to the commissioner.

Establishes a minimum assessment of $500 per licensed location per year, preventing any licensee from paying less than this amount regardless of transaction volume.

Maintains existing payment deadline of May 20th notification with payment due within 30 days, and penalties of 1 percent per month for late payments.

Retains commissioner authority to suspend or revoke licenses for non-payment by June 30th, with provisions for hearing requests within 30 days.