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CA SB946

Bill

Status

Introduced

2/2/2026

Primary Sponsor

Kelly Seyarto

Click for details

Origin

Senate

2025-2026 Regular Session

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