Fabio
79 lines
5.3 KiB
Markdown
79 lines
5.3 KiB
Markdown
---
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type: "Bill"
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title: "Mortgage guaranty insurance."
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description: "Existing law, beginning January 1, 2018, requires, among other things, that a mortgage guaranty insurer limit its coverage to no more than a net of 30% at risk of the entire indebtedness to the insured for the class of insurance that insures against financial loss by reason of nonpayment of principal, interest, and other sums under any evidence of indebtedness secured by a mortgage, deed of trust, or other instrument constituting a first lien or charge on a residential building or a condominium unit or buildings designed for occupancy by not more than 4 families. Existing law, beginning January 1, 2018, also authorizes a mortgage guaranty insurer to extend its coverage for this class of insurance beyond the established limits if the excess is insured by a contract of reinsurance."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20152016"
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identifier: "AB 1645"
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citation: "California AB 1645 (20152016)"
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classification: ["bill"]
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subjects: ["Mortgage guaranty insurance."]
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status: "enacted"
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primary_sponsors: ["Dababneh"]
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version_count: 4
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action_count: 16
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vote_count: 4
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first_action: "2016-01-12"
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last_action: "2016-07-22"
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source: "openstates"
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source_identifier: "ocd-bill/24611541-91b7-4c0f-a5e4-b5c06d9ba3b3"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB1645"
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source_hash: "399d38315aa3ccb8728c52cc21dd7ea10514d236c58fb2080dfdef67263e6066"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ca"]
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---
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# California AB 1645 (20152016) — Mortgage guaranty insurance.
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Existing law, beginning January 1, 2018, requires, among other things, that a mortgage guaranty insurer limit its coverage to no more than a net of 30% at risk of the entire indebtedness to the insured for the class of insurance that insures against financial loss by reason of nonpayment of principal, interest, and other sums under any evidence of indebtedness secured by a mortgage, deed of trust, or other instrument constituting a first lien or charge on a residential building or a condominium unit or buildings designed for occupancy by not more than 4 families. Existing law, beginning January 1, 2018, also authorizes a mortgage guaranty insurer to extend its coverage for this class of insurance beyond the established limits if the excess is insured by a contract of reinsurance.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **01/12/16 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB1645&version=20150AB164599INT)
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2. **07/22/16 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB1645&version=20150AB164597CHP)
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3. **AB1645** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB1645)
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4. **07/07/16 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB1645&version=20150AB164598ENR)
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## Votes
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- Do pass. To Consent Calendar. — **13–0** (pass) · lower
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- AB 1645 DABABNEH Consent Calendar Second Day — **76–0** (pass) · lower
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- Do pass and be ordered to the Consent Calendar — **8–0** (pass) · upper
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- Consent Calendar 2nd — **37–0** (pass) · upper
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## Sponsors
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- Dababneh — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2016-01-12** Read first time. To print. `reading-1`
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- **2016-01-13** From printer. May be heard in committee February 12.
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- **2016-02-04** Referred to Com. on INS. `referral-committee`
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- **2016-04-06** From committee: Do pass. To Consent Calendar. (Ayes 13. Noes 0.) (April 6). `committee-passage-favorable, committee-passage`
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- **2016-04-07** Read second time. Ordered to Consent Calendar. `reading-2, reading-1`
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- **2016-04-14** Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 4359.) `reading-3, passage, reading-1`
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- **2016-04-14** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
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- **2016-04-28** Referred to Com. on INS. `referral-committee`
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- **2016-06-06** In committee: Set, first hearing. Hearing canceled at the request of author.
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- **2016-06-23** From committee: Do pass. To Consent Calendar. (Ayes 8. Noes 0.) (June 22). `committee-passage-favorable, committee-passage`
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- **2016-06-27** Read second time. Ordered to Consent Calendar. `reading-2, reading-1`
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- **2016-06-30** Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 4649.). `reading-3, passage, reading-1`
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- **2016-06-30** In Assembly. Ordered to Engrossing and Enrolling. `committee-passage`
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- **2016-07-11** Enrolled and presented to the Governor at 4:30 p.m.
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- **2016-07-22** Approved by the Governor. `executive-signature`
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- **2016-07-22** Chaptered by Secretary of State - Chapter 62, Statutes of 2016.
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/24611541-91b7-4c0f-a5e4-b5c06d9ba3b3`. Confidence: reported (aggregated from official California legislature records).
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