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CA SB825
Bill
Status
Passed
10/6/2025
Primary Sponsor
Tim Grayson
Click for details
AI Summary
- Amends the California Consumer Financial Protection Law to allow the Commissioner of Financial Protection and Innovation to enforce provisions against deceptive or abusive acts or practices against certain licensed entities
- Previously exempted licensees (escrow agents, finance lenders, broker-dealers, mortgage lenders, etc.) can now be held accountable under Section 90003 for deceptive or abusive practices
- Maintains the general exemption for licensees acting under Department of Financial Protection and Innovation authority for other provisions of the law
- Approved by Governor on October 6, 2025
Legislative Description
Consumers: financial protection.
Last Action
Chaptered by Secretary of State. Chapter 355, Statutes of 2025.
10/6/2025
Committee Referrals
Appropriations7/8/2025
Banking and Finance6/9/2025
Appropriations4/23/2025
Judiciary4/3/2025
Banking and Financial Institutions3/12/2025
Rules2/21/2025
Full Bill Text
No bill text available