Fabio
93 lines
7.1 KiB
Markdown
93 lines
7.1 KiB
Markdown
---
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type: "Bill"
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title: "Student financial aid: private student loans."
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description: "Existing law requires a public, private, or independent postsecondary educational institution, except the California Community Colleges, to make specified disclosures related to private student loans in financial aid material and private loan applications provided or made available by the institution, to distinguish private loans from federal loans in individual financial aid awards, and, if the institution provides a private loan lender list, to provide general information about the loans available through the lender and disclose the basis for each lender's inclusion on the list."
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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 721"
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citation: "California AB 721 (20152016)"
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classification: ["bill"]
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subjects: ["Student financial aid: private student loans."]
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status: "enacted"
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primary_sponsors: ["Medina"]
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version_count: 8
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action_count: 24
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vote_count: 6
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first_action: "2015-02-25"
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last_action: "2015-10-08"
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source: "openstates"
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source_identifier: "ocd-bill/c92d3435-6ea3-4631-80ee-f847091be7aa"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB721"
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source_hash: "0ea9d7faa724ce58f5221adfcb618d79568a96475c4b273b5d9489c78d7a17e2"
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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 721 (20152016) — Student financial aid: private student loans.
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Existing law requires a public, private, or independent postsecondary educational institution, except the California Community Colleges, to make specified disclosures related to private student loans in financial aid material and private loan applications provided or made available by the institution, to distinguish private loans from federal loans in individual financial aid awards, and, if the institution provides a private loan lender list, to provide general information about the loans available through the lender and disclose the basis for each lender's inclusion on the list.
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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. **02/25/15 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB721&version=20150AB72199INT)
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2. **04/13/15 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB721&version=20150AB72198AMD)
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3. **05/28/15 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB721&version=20150AB72197AMD)
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4. **06/24/15 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB721&version=20150AB72196AMD)
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5. **07/08/15 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB721&version=20150AB72195AMD)
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6. **10/08/15 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB721&version=20150AB72193CHP)
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7. **AB721** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB721)
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8. **08/31/15 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB721&version=20150AB72194ENR)
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## Votes
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- AB 721 MEDINA Concurrence in Senate Amendments — **77–0** (pass) · lower
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- Do pass, but first be re-referred to the Committee on [Appropriations] — **7–0** (pass) · upper
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- AB 721 MEDINA Assembly Third Reading — **78–0** (pass) · lower
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- Do pass as amended and be re-referred to the Committee on [Appropriations] — **12–0** (pass) · lower
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- Do pass as amended. — **17–0** (pass) · lower
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- 3rd Reading AB721 Medina By Block — **40–0** (pass) · upper
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## Sponsors
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- Medina — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2015-02-25** Read first time. To print. `reading-1`
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- **2015-02-26** From printer. May be heard in committee March 28.
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- **2015-03-12** Referred to Com. on HIGHER ED. `referral-committee`
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- **2015-04-09** From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (April 7). `amendment-introduction, committee-passage, amendment-passage`
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- **2015-04-13** Read second time and amended. `amendment-passage, reading-2, reading-1`
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- **2015-04-14** Re-referred to Com. on APPR. `referral-committee`
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- **2015-04-29** In committee: Set, first hearing. Referred to APPR. suspense file. `referral-committee`
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- **2015-05-28** From committee: Amend, and do pass as amended. (Ayes 17. Noes 0.) (May 28). `amendment-introduction, committee-passage, amendment-passage`
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- **2015-05-28** Read second time and amended. Ordered returned to second reading. `amendment-passage, reading-2, reading-1`
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- **2015-06-01** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2015-06-02** Read third time. Passed. Ordered to the Senate. (Ayes 78. Noes 0. Page 1808.) `reading-3, passage, reading-1`
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- **2015-06-02** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
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- **2015-06-11** Referred to Com. on ED. `referral-committee`
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- **2015-06-24** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on ED. `referral-committee, reading-2, amendment-introduction, amendment-passage, reading-1`
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- **2015-07-01** From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (July 1). Re-referred to Com. on APPR. `referral-committee, committee-passage-favorable, committee-passage`
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- **2015-07-08** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR. `referral-committee, reading-2, amendment-introduction, amendment-passage, reading-1`
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- **2015-07-13** From committee: Be placed on second reading file pursuant to Senate Rule 28.8. `committee-passage`
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- **2015-07-14** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2015-08-24** Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2146.). `reading-3, passage, reading-1`
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- **2015-08-25** In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 27 pursuant to Assembly Rule 77.
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- **2015-08-27** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 77. Noes 0. Page 2610.). `committee-passage-favorable, amendment-passage`
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- **2015-09-03** Enrolled and presented to the Governor at 4 p.m.
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- **2015-10-08** Approved by the Governor. `executive-signature`
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- **2015-10-08** Chaptered by Secretary of State - Chapter 632, Statutes of 2015.
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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/c92d3435-6ea3-4631-80ee-f847091be7aa`. Confidence: reported (aggregated from official California legislature records).
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