---
type: "Bill"
title: "Financial institutions: electronic contract formation: credit unions."
description: "Financial institutions: electronic contract formation: credit unions."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "19992000"
identifier: "AB 2503"
citation: "California AB 2503 (19992000)"
classification: ["bill"]
subjects: ["Financial institutions: electronic contract formation: credit unions."]
status: "enacted"
primary_sponsors: ["Steinberg"]
version_count: 7
action_count: 23
vote_count: 7
first_action: "2000-02-24"
last_action: "2000-09-12"
source: "openstates"
source_identifier: "ocd-bill/fcfadebc-4d6e-48a9-90d8-8cda657b80d7"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=199920000AB2503"
source_hash: "3c9ea02172ef622a1b9fd9a7500e64b0d64e625961ef77ecdf70ac2dd1e231e1"
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 AB 2503 (19992000) — Financial institutions: electronic contract formation: credit unions.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **02/24/00 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=199920000AB2503&version=19990AB250399INT)
2. **04/10/00 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=199920000AB2503&version=19990AB250398AMD)
3. **05/01/00 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=199920000AB2503&version=19990AB250397AMD)
4. **07/06/00 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=199920000AB2503&version=19990AB250396AMD)
5. **09/12/00 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=199920000AB2503&version=19990AB250394CHP)
6. **AB2503** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=199920000AB2503)
7. **08/21/00 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=199920000AB2503&version=19990AB250395ENR)

## Votes

- Do pass. — **pass** (pass) · lower
- Do pass as amended and be re-referred to the Committee on Appropriations. — **pass** (pass) · lower
- Do pass as amended, and re-refer to the Committee on Appropriations. — **pass** (pass) · upper
- AB 2503 STEINBERG 3RD READING URGENCY — **pass** (pass) · lower
- SPECIAL CONSENT CALE AB2503 Steinberg — **pass** (pass) · upper
- Do pass. — **pass** (pass) · upper
- AB 2503 STEINBERG CONCURRENCE — **pass** (pass) · lower

## Sponsors

- Steinberg — primary (person)
- Longville — coauthor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2000-09-12** Chaptered by Secretary of State - Chapter 411, Statutes of 2000.
- **2000-09-11** Approved by the Governor. `executive-signature`
- **2000-08-25** Enrolled and to the Governor at 11:45 a.m.
- **2000-08-21** Urgency clause adopted. Senate amendments concurred in. To enrollment. (Ayes 76. Noes 0. Page 8027.) `committee-passage-favorable, amendment-passage`
- **2000-08-18** In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 20 pursuant to Assembly Rule 77.
- **2000-08-18** Read third time. Urgency clause adopted. Passed and to Assembly. (Ayes 38. Noes 0. Page 5792.) `passage, reading-3, reading-1`
- **2000-08-10** Read second time. To third reading. `reading-2, reading-1`
- **2000-08-09** From committee: Do pass. (Ayes 8. Noes 0.). `committee-passage, committee-passage-favorable`
- **2000-07-06** Read second time, amended, and re-referred to Standing Committee on Appropriations. `amendment-passage, reading-2, reading-1, referral-committee`
- **2000-07-05** From committee: Amend, do pass as amended, and re-refer to Standing Committee on Appropriations (Ayes 8. Noes 0.). `committee-passage, amendment-introduction, amendment-passage, referral-committee`
- **2000-06-06** Referred to Com. on F.,I. & I.T. `referral-committee`
- **2000-05-31** In Senate. Read first time. To Standing Committee on Rules for assignment. `reading-1`
- **2000-05-30** Read third time. Urgency clause adopted. Passed and to Senate. (Ayes 78. Noes 1. Page 6691.) `passage, reading-3, reading-1`
- **2000-05-22** Read second time. To third reading. `reading-2, reading-1`
- **2000-05-18** From committee: Do pass. (Ayes 21. Noes 0.) (May 17). `committee-passage, committee-passage-favorable`
- **2000-05-02** Re-referred to Standing Committee on Appropriations. `referral-committee`
- **2000-05-01** Read second time and amended. `amendment-passage, reading-2, reading-1`
- **2000-04-27** From committee: Amend, and do pass as amended, and re-refer to Standing Committee on Appropriations (Ayes 13. Noes 0.) (April 24). `committee-passage, amendment-introduction, amendment-passage, referral-committee`
- **2000-04-12** Re-referred to Standing Committee on Banking and Finance. `referral-committee`
- **2000-04-10** From committee chair, with author's amendments: Amend, and re-refer to Standing Committee on Banking and Finance Read second time and amended. `amendment-introduction, amendment-passage, reading-2, reading-1, referral-committee`
- **2000-03-16** Referred to Standing Committee on Banking and Finance. `referral-committee`
- **2000-02-25** From printer. May be heard in committee March 26.
- **2000-02-24** Assembly Rule 49(a) suspended. Read first time. To print. `reading-1`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fcfadebc-4d6e-48a9-90d8-8cda657b80d7`. Confidence: reported (aggregated from official California legislature records).