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CA SB1103

Bill

Status

Introduced

2/13/2026

Primary Sponsor

Sasha Renee Perez

Click for details

Origin

Senate

2025-2026 Regular Session

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