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CA SB946
Bill
Status
Introduced
2/2/2026
Primary Sponsor
Kelly Seyarto
Click for details
AI Summary
- Extends consumer protection provisions for escrow agent rating services indefinitely by repealing the January 1, 2027 sunset date
- Maintains requirements for escrow agent rating services to establish policies and procedures safeguarding personally identifiable information obtained from escrow agents
- Preserves escrow agents' status as "consumers" under the Consumer Credit Reporting Agencies Act, entitling them to associated protections and remedies
- Introduced by Senator Seyarto on February 2, 2026; requires majority vote with no appropriation or fiscal committee review needed
Legislative Description
Consumer Credit Reporting Agencies Act: escrow agent rating services and escrow agents.
Last Action
Set for hearing March 18.
2/24/2026
Committee Referrals
Banking and Financial Institutions2/18/2026
Rules2/2/2026
Full Bill Text
No bill text available