republic-os/legislation/us/states/ca/20112012/ab-424.md

---
type: "Bill"
title: "Pawnbrokers."
description: "Existing law regulates the sale and redemption of pledged property by pawnbrokers. Existing law authorizes a pawnbroker to charge or receive compensation at a rate not exceeding specified amounts based upon the unpaid principal balance of the loan, but at least $3 per month. Existing law also sets forth a schedule of charges applicable to these loans and authorizes a pawnbroker to impose a charge of $1 on any loan for not more than 30 days which does not exceed $14.99. Existing law requires loans made by pawnbrokers to be evidenced by a written contract. Existing law requires a loan to which an original loan debt is applied to be processed as a new loan. A knowing violation of the provisions regulating pawnbrokers is a crime."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20112012"
identifier: "AB 424"
citation: "California AB 424 (20112012)"
classification: ["bill"]
subjects: ["Pawnbrokers."]
status: "enacted"
primary_sponsors: ["Eng"]
version_count: 5
action_count: 21
vote_count: 7
first_action: "2011-02-14"
last_action: "2011-09-26"
source: "openstates"
source_identifier: "ocd-bill/0beba5fb-265a-47a4-b839-8e0029407616"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120AB424"
source_hash: "7ea8ed7d744e858423a0134c510774cec8b9b4df1d3bb21ba73661d4035dbaf3"
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 424 (20112012) — Pawnbrokers.

Existing law regulates the sale and redemption of pledged property by pawnbrokers. Existing law authorizes a pawnbroker to charge or receive compensation at a rate not exceeding specified amounts based upon the unpaid principal balance of the loan, but at least $3 per month. Existing law also sets forth a schedule of charges applicable to these loans and authorizes a pawnbroker to impose a charge of $1 on any loan for not more than 30 days which does not exceed $14.99. Existing law requires loans made by pawnbrokers to be evidenced by a written contract. Existing law requires a loan to which an original loan debt is applied to be processed as a new loan. A knowing violation of the provisions regulating pawnbrokers is a crime.

## Version chain

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

1. **02/14/11 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120AB424&version=20110AB42499INT)
2. **06/06/11 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120AB424&version=20110AB42498AMD)
3. **09/26/11 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120AB424&version=20110AB42496CHP)
4. **AB424** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120AB424)
5. **09/06/11 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120AB424&version=20110AB42497ENR)

## Votes

- 3rd Reading AB424 Eng By Vargas — **33–0** (pass) · upper
- AB 424 ENG Consent Calendar Second Day — **70–0** (pass) · lower
- Do pass, but re-refer to the Committee on Appropriations. — **5–0** (pass) · upper
- Do pass, but re-refer to the Committee on Judiciary Recommend Consent. — **6–0** (pass) · upper
- AB 424 ENG Concurrence in Senate Amendments — **78–0** (pass) · lower
- Do pass, to Consent Calendar. — **17–0** (pass) · lower
- Do pass and be re-referred to the Committee on Appropriations to Consent Calendar. — **11–0** (pass) · lower

## Sponsors

- Eng — primary (person)
- Vargas — principal coauthor (person)

## Timeline

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

- **2011-02-14** Read first time. To print. `reading-1`
- **2011-02-15** From printer. May be heard in committee March 17.
- **2011-03-03** Referred to Com. on B. & F. `referral-committee`
- **2011-04-12** From committee: Do pass and re-refer to Com. on APPR. with recommendation: to consent calendar. (Ayes 11. Noes 0.) (April 11). Re-referred to Com. on APPR. `referral-committee, committee-passage, committee-passage-favorable`
- **2011-05-05** From committee: Do pass. To consent calendar. (Ayes 17. Noes 0.) (May 4). `committee-passage, committee-passage-favorable`
- **2011-05-09** Read second time. Ordered to consent calendar. `reading-2, reading-1`
- **2011-05-12** Read third time. Passed. Ordered to the Senate. (Ayes 70. Noes 0. Page 1356.) `reading-3, reading-1, passage`
- **2011-05-12** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2011-05-26** Referred to Coms. on B. & F.I. and JUD. `referral-committee`
- **2011-06-06** 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. `reading-2, amendment-introduction, reading-1, amendment-passage, referral-committee`
- **2011-06-15** In committee: Hearing postponed by committee.
- **2011-06-30** From committee: Do pass and re-refer to Com. on JUD. with recommendation: to consent calendar. (Ayes 6. Noes 0.) (June 29). Re-referred to Com. on JUD. `referral-committee, committee-passage, committee-passage-favorable`
- **2011-07-06** From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (July 5). Re-referred to Com. on APPR. `referral-committee, committee-passage, committee-passage-favorable`
- **2011-08-15** From committee: Be placed on second reading file pursuant to Senate Rule 28.8. `committee-passage`
- **2011-08-16** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2011-08-29** Read third time. Passed. Ordered to the Assembly. (Ayes 33. Noes 0. Page 2079.). `reading-3, reading-1, passage`
- **2011-08-29** In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 31 pursuant to Assembly Rule 77.
- **2011-08-31** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 2721.). `committee-passage-favorable, amendment-passage`
- **2011-09-07** Enrolled and presented to the Governor at 3:30 p.m.
- **2011-09-26** Approved by the Governor. `executive-signature`
- **2011-09-26** Chaptered by Secretary of State - Chapter 318, Statutes of 2011.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0beba5fb-265a-47a4-b839-8e0029407616`. Confidence: reported (aggregated from official California legislature records).