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CA SB1103
Bill
Status
Introduced
2/13/2026
Primary Sponsor
Sasha Renee Perez
Click for details
AI Summary
- Declares legislative intent to enact future legislation regulating buy now, pay later (BNPL) credit programs in California
- Introduced by Senator Pérez on February 13, 2026, as a placeholder bill with no substantive provisions yet
- References the California Financing Law, which currently regulates consumer loans, as the existing regulatory framework
- Requires only a majority vote to pass, with no appropriation or fiscal committee review needed
- Contains no specific requirements, restrictions, or definitions for BNPL programs at this stage
Legislative Description
Buy now, pay later credit programs.
Last Action
Referred to Com. on RLS.
2/26/2026
Committee Referrals
Rules2/13/2026
Full Bill Text
No bill text available