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---
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 — **400** (pass) · upper
- Do pass, but first be re-referred to the Committee on [Appropriations] — **70** (pass) · upper
- AB 1517 B. & F. Consent Calendar Second Day — **780** (pass) · lower
- Do pass. To Consent Calendar. — **170** (pass) · lower
- Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — **120** (pass) · lower
- AB 1517 B. & F. Concurrence in Senate Amendments By DABABNEH — **790** (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).