--- type: "Bill" title: "Business." description: "(1) Existing law abolished the Department of Corporations and the Department of Financial Institutions and transferred their responsibilities to the Department of Business Oversight, which is headed by a Commissioner of Business Oversight." jurisdiction: "us/states/ca" legislature: "California Legislature" session: "20152016" identifier: "AB 1517" citation: "California AB 1517 (20152016)" classification: ["bill"] subjects: ["Business."] status: "enacted" primary_sponsors: ["Committee on Banking and Finance"] version_count: 7 action_count: 27 vote_count: 6 first_action: "2015-03-10" last_action: "2015-08-12" source: "openstates" source_identifier: "ocd-bill/6eaae044-8c9d-4014-bca1-0735ce9fcc90" source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB1517" source_hash: "cd9d058738692fe0b5cd22da92af2560a26b27bf40e063dfcfa33ecd78e6c2c6" 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 1517 (20152016) — Business. (1) Existing law abolished the Department of Corporations and the Department of Financial Institutions and transferred their responsibilities to the Department of Business Oversight, which is headed by a Commissioner of Business Oversight. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **03/10/15 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB1517&version=20150AB151799INT) 2. **04/08/15 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB1517&version=20150AB151798AMD) 3. **04/16/15 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB1517&version=20150AB151797AMD) 4. **06/01/15 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB1517&version=20150AB151796AMD) 5. **08/12/15 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB1517&version=20150AB151794CHP) 6. **AB1517** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB1517) 7. **07/21/15 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB1517&version=20150AB151795ENR) ## Votes - 3rd Reading AB1517 Committee On B. & F. (Dababneh) By Block — **40–0** (pass) · upper - Do pass, but first be re-referred to the Committee on [Appropriations] — **7–0** (pass) · upper - AB 1517 B. & F. Consent Calendar Second Day — **78–0** (pass) · lower - Do pass. To Consent Calendar. — **17–0** (pass) · lower - Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — **12–0** (pass) · lower - AB 1517 B. & F. Concurrence in Senate Amendments By DABABNEH — **79–0** (pass) · lower ## Sponsors - Committee on Banking and Finance — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2015-03-10** Read first time. To print. `reading-1` - **2015-03-11** From printer. May be heard in committee April 10. - **2015-03-26** Referred to Com. on B. & F. `referral-committee` - **2015-04-08** In committee: Hearing postponed by committee. - **2015-04-08** From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. `reading-2, amendment-introduction, amendment-passage, reading-1` - **2015-04-09** Re-referred to Com. on B. & F. `referral-committee` - **2015-04-13** In committee: Hearing postponed by committee. - **2015-04-16** From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. `reading-2, amendment-introduction, amendment-passage, reading-1` - **2015-04-20** Re-referred to Com. on B. & F. `referral-committee` - **2015-04-20** In committee: Hearing postponed by committee. - **2015-04-20** Measure version as amended on April 16 corrected. `amendment-passage` - **2015-04-28** From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 12. Noes 0.) (April 27). Re-referred to Com. on APPR. `referral-committee, committee-passage-favorable, committee-passage` - **2015-05-06** From committee: Do pass. To Consent Calendar. (Ayes 17. Noes 0.) (May 6). `committee-passage-favorable, committee-passage` - **2015-05-07** Read second time. Ordered to Consent Calendar. `reading-2, reading-1` - **2015-05-14** Read third time. Passed. Ordered to the Senate. (Ayes 78. Noes 0. Page 1451.) `reading-3, passage, reading-1` - **2015-05-14** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1` - **2015-05-28** Referred to Com. on B. & F.I. `referral-committee` - **2015-06-01** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I. `referral-committee, reading-2, amendment-introduction, amendment-passage, reading-1` - **2015-06-17** From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (June 17). Re-referred to Com. on APPR. `referral-committee, committee-passage-favorable, committee-passage` - **2015-06-29** From committee: Be placed on second reading file pursuant to Senate Rule 28.8. `committee-passage` - **2015-06-30** Read second time. Ordered to third reading. `reading-2, reading-1` - **2015-07-13** Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 1900.). `reading-3, passage, reading-1` - **2015-07-13** In Assembly. Concurrence in Senate amendments pending. May be considered on or after July 15 pursuant to Assembly Rule 77. - **2015-07-16** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0. Page 2421.). `committee-passage-favorable, amendment-passage` - **2015-08-03** Enrolled and presented to the Governor at 3 p.m. - **2015-08-12** Approved by the Governor. `executive-signature` - **2015-08-12** Chaptered by Secretary of State - Chapter 190, Statutes of 2015. ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6eaae044-8c9d-4014-bca1-0735ce9fcc90`. Confidence: reported (aggregated from official California legislature records).