Legislation: batch E — CA TN VA VT WA WI WV WY

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---
type: "Bill"
title: "Armed service members: consumer loans."
description: "(1) Existing federal law, the Military Lending Act, prohibits a creditor who extends consumer credit to a covered member of the Armed Forces or a dependent of such a member from requiring that member or dependent to pay interest with respect to the extension of such credit, unless an exception to that rule applies. The federal act also requires a creditor to satisfy other terms and conditions before extending consumer credit to a covered member, and to comply with mandatory disclosure requirements, as specified. Any person who violates the federal act is subject to both criminal and civil penalties."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20172018"
identifier: "SB 266"
citation: "California SB 266 (20172018)"
classification: ["bill"]
subjects: ["Armed service members: consumer loans."]
status: "enacted"
primary_sponsors: ["Dodd"]
version_count: 6
action_count: 28
vote_count: 6
first_action: "2017-02-08"
last_action: "2017-10-05"
source: "openstates"
source_identifier: "ocd-bill/3b054490-1caf-4eff-848a-0f90365d4baf"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180SB266"
source_hash: "e4b343603ed6adccf3a02419f62ea8a44e7f703a8c7e84341e5da7be10f72646"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---
# California SB 266 (20172018) — Armed service members: consumer loans.
(1) Existing federal law, the Military Lending Act, prohibits a creditor who extends consumer credit to a covered member of the Armed Forces or a dependent of such a member from requiring that member or dependent to pay interest with respect to the extension of such credit, unless an exception to that rule applies. The federal act also requires a creditor to satisfy other terms and conditions before extending consumer credit to a covered member, and to comply with mandatory disclosure requirements, as specified. Any person who violates the federal act is subject to both criminal and civil penalties.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **02/08/17 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180SB266&version=20170SB26699INT)
2. **07/05/17 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180SB266&version=20170SB26698AMD)
3. **09/07/17 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180SB266&version=20170SB26697AMD)
4. **10/05/17 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180SB266&version=20170SB26695CHP)
5. **SB266** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180SB266)
6. **09/20/17 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180SB266&version=20170SB26696ENR)
## Votes
- 3rd Reading — **400** (pass) · upper
- Unfinished Business SB266 Dodd Concurrence — **380** (pass) · upper
- Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — **70** (pass) · lower
- Do pass, but first be re-referred to the Committee on [Appropriations] — **70** (pass) · upper
- SB 266 Dodd Senate Third Reading By IRWIN — **790** (pass) · lower
- Do pass. To Consent Calendar. — **150** (pass) · lower
## Sponsors
- Dodd — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2017-02-08** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
- **2017-02-09** From printer. May be acted upon on or after March 11.
- **2017-02-16** Referred to Com. on B. & F.I. `referral-committee`
- **2017-02-17** Set for hearing April 5.
- **2017-04-05** From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0. Page 619.) (April 5). Re-referred to Com. on APPR. `committee-passage-favorable, committee-passage, referral-committee`
- **2017-04-07** Set for hearing April 17.
- **2017-04-17** From committee: Be ordered to second reading pursuant to Senate Rule 28.8. `committee-passage, reading-2`
- **2017-04-18** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2017-04-20** Read third time. Passed. (Ayes 40. Noes 0. Page 766.) Ordered to the Assembly. `reading-3, passage, reading-1`
- **2017-04-20** In Assembly. Read first time. Held at Desk. `reading-1`
- **2017-05-18** Referred to Com. on B. & F. `referral-committee`
- **2017-05-31** June 5 hearing postponed by committee.
- **2017-06-15** June 19 hearing postponed by committee.
- **2017-06-26** June 26 hearing postponed by committee.
- **2017-07-05** From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F. `reading-2, referral-committee, amendment-passage, committee-passage, reading-1`
- **2017-07-11** From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 7. Noes 0.) (July 10). Re-referred to Com. on APPR. `committee-passage-favorable, committee-passage, referral-committee`
- **2017-08-23** From committee: Do pass. Ordered to consent calendar. (Ayes 15. Noes 0.) (August 23). `committee-passage-favorable, committee-passage`
- **2017-08-24** Read second time. Ordered to consent calendar. `reading-2, reading-1`
- **2017-08-28** From consent calendar on motion of Assembly Member Calderon.
- **2017-08-28** Ordered to third reading.
- **2017-09-07** Read third time and amended. `amendment-passage, reading-3, reading-1`
- **2017-09-07** Ordered to third reading.
- **2017-09-14** Read third time. Passed. (Ayes 79. Noes 0. Page 3403.) Ordered to the Senate. `reading-3, passage, reading-1`
- **2017-09-15** In Senate. Concurrence in Assembly amendments pending.
- **2017-09-15** Assembly amendments concurred in. (Ayes 38. Noes 0. Page 2994.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
- **2017-09-22** Enrolled and presented to the Governor at 3 p.m.
- **2017-10-05** Approved by the Governor. `executive-signature`
- **2017-10-05** Chaptered by Secretary of State. Chapter 514, Statutes of 2017.
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/3b054490-1caf-4eff-848a-0f90365d4baf`. Confidence: reported (aggregated from official California legislature records).