---
type: "Bill"
title: "Reverse mortgages: notifications."
description: "Existing state and federal law regulate the activities of financial institutions. Existing state law regulates reverse mortgage loans and requires a lender to refer a prospective borrower to a housing counseling agency, as specified, and prohibits a lender from accepting a final and complete application for a reverse mortgage loan or assessing any fees without receiving certification, as specified, that the borrower has received loan counseling. Existing law prohibits a lender from taking a reverse mortgage application before having provided an applicant a specified disclosure notice and written checklist."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20132014"
identifier: "AB 1700"
citation: "California AB 1700 (20132014)"
classification: ["bill"]
subjects: ["Reverse mortgages: notifications."]
status: "enacted"
primary_sponsors: ["Medina"]
version_count: 7
action_count: 22
vote_count: 6
first_action: "2014-02-13"
last_action: "2014-09-30"
source: "openstates"
source_identifier: "ocd-bill/3025cd40-d452-471c-a7f3-2f128da21ca7"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB1700"
source_hash: "d4e3a3c999b711569137e175d902825f4453d69d754d031dc3c010bbcd6d37e3"
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 1700 (20132014) — Reverse mortgages: notifications.

Existing state and federal law regulate the activities of financial institutions. Existing state law regulates reverse mortgage loans and requires a lender to refer a prospective borrower to a housing counseling agency, as specified, and prohibits a lender from accepting a final and complete application for a reverse mortgage loan or assessing any fees without receiving certification, as specified, that the borrower has received loan counseling. Existing law prohibits a lender from taking a reverse mortgage application before having provided an applicant a specified disclosure notice and written checklist.

## Version chain

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

1. **02/13/14 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1700&version=20130AB170099INT)
2. **04/09/14 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1700&version=20130AB170098AMD)
3. **06/10/14 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1700&version=20130AB170097AMD)
4. **08/07/14 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1700&version=20130AB170096AMD)
5. **09/30/14 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1700&version=20130AB170094CHP)
6. **AB1700** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB1700)
7. **08/20/14 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1700&version=20130AB170095ENR)

## Votes

- Do pass. — **6–0** (pass) · upper
- AB 1700 MEDINA Concurrence in Senate Amendments — **77–1** (pass) · lower
- 3rd Reading AB1700 Medina By Correa — **35–0** (pass) · upper
- Do pass. — **11–1** (pass) · lower
- AB 1700 MEDINA Assembly Third Reading — **73–1** (pass) · lower
- Do pass as amended, and re-refer to the Committee on Judiciary. — **7–0** (pass) · upper

## Sponsors

- Medina — primary (person)
- Correa — coauthor (person)

## Timeline

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

- **2014-02-13** Read first time. To print. `reading-1`
- **2014-02-14** From printer. May be heard in committee March 16.
- **2014-02-20** Referred to Com. on B. & F. `referral-committee`
- **2014-04-09** From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. `amendment-introduction, amendment-passage, reading-2, reading-1`
- **2014-04-10** Re-referred to Com. on B. & F. `referral-committee`
- **2014-04-22** From committee: Do pass. (Ayes 11. Noes 1.) (April 21). `committee-passage-favorable, committee-passage`
- **2014-04-23** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2014-04-24** Read third time. Passed. Ordered to the Senate. (Ayes 73. Noes 1. Page 4595.) `reading-3, reading-1, passage`
- **2014-04-24** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2014-05-08** Referred to Coms. on B. & F.I. and JUD. `referral-committee`
- **2014-06-09** From committee: Do pass as amended and re-refer to Com. on JUD. (Ayes 7. Noes 0.) (June 4). `committee-passage-favorable, committee-passage, amendment-passage`
- **2014-06-10** Read second time and amended. Re-referred to Com. on JUD. `amendment-passage, reading-2, reading-1, referral-committee`
- **2014-06-18** From committee: Do pass. (Ayes 6. Noes 0.) (June 17). `committee-passage-favorable, committee-passage`
- **2014-06-19** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2014-08-07** Read third time and amended. Ordered to second reading. `reading-3, reading-1, amendment-passage`
- **2014-08-11** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2014-08-13** Read third time. Passed. Ordered to the Assembly. (Ayes 35. Noes 0. Page 4466.). `reading-3, reading-1, passage`
- **2014-08-13** In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 15 pursuant to Assembly Rule 77.
- **2014-08-18** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 77. Noes 1. Page 6098.). `committee-passage-favorable, amendment-passage`
- **2014-08-27** Enrolled and presented to the Governor at 3 p.m.
- **2014-09-30** Approved by the Governor. `executive-signature`
- **2014-09-30** Chaptered by Secretary of State - Chapter 854, Statutes of 2014.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/3025cd40-d452-471c-a7f3-2f128da21ca7`. Confidence: reported (aggregated from official California legislature records).