Fabio
103 lines
6.8 KiB
Markdown
103 lines
6.8 KiB
Markdown
---
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type: "Bill"
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title: "The California Finance Lenders Law: application."
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description: "Existing law, the California Finance Lenders Law, provides for the licensure and regulation of finance lenders and brokers. Existing law exempts from its provisions, among others, persons making 5 or fewer commercial loans in a 12-month period if the loans are incidental to the business of the person relying upon the exemption."
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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: "SB 777"
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citation: "California SB 777 (20152016)"
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classification: ["bill"]
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subjects: ["The California Finance Lenders Law: application."]
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status: "enacted"
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primary_sponsors: ["Lara"]
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version_count: 7
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action_count: 34
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vote_count: 7
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first_action: "2015-02-27"
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last_action: "2016-09-22"
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source: "openstates"
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source_identifier: "ocd-bill/a87e4501-be1f-4ebb-a16a-4c8a85edbb04"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160SB777"
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source_hash: "321c132a9660a688b20225505845a3398f73eb68c373f29cde357e80e100238a"
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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 SB 777 (20152016) — The California Finance Lenders Law: application.
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Existing law, the California Finance Lenders Law, provides for the licensure and regulation of finance lenders and brokers. Existing law exempts from its provisions, among others, persons making 5 or fewer commercial loans in a 12-month period if the loans are incidental to the business of the person relying upon the exemption.
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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. **02/27/15 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB777&version=20150SB77799INT)
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2. **04/06/15 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB777&version=20150SB77798AMD)
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3. **08/04/16 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB777&version=20150SB77797AMD)
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4. **08/11/16 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB777&version=20150SB77796AMD)
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5. **09/22/16 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB777&version=20150SB77794CHP)
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6. **SB777** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160SB777)
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7. **09/02/16 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160SB777&version=20150SB77795ENR)
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## Votes
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- Consent Calendar 2nd — **36–0** (pass) · upper
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- Do pass as amended and be re-referred to the Committee on [Appropriations] — **11–0** (pass) · lower
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- Do pass and be ordered to the Consent Calendar — **9–0** (pass) · upper
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- SB 777 Lara Senate Third Reading By SANTIAGO — **78–0** (pass) · lower
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- That the Assembly amendments be concurred in — **7–0** (pass) · upper
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- Do pass. — **18–0** (pass) · lower
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- Unfinished Business SB777 Lara Concurrence — **39–0** (pass) · upper
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## Sponsors
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- Lara — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2015-02-27** Introduced. To Com. on RLS. for assignment. To print. `introduction`
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- **2015-03-02** From printer. May be acted upon on or after April 1.
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- **2015-03-02** Read first time. `reading-1`
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- **2015-03-19** Referred to Com. on RLS. `referral-committee`
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- **2015-04-06** From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS. `referral-committee, reading-2, amendment-passage, committee-passage, reading-1`
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- **2015-04-16** Re-referred to Com. on G.O. `referral-committee`
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- **2015-04-21** Set for hearing May 12.
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- **2015-05-12** From committee: Do pass. Ordered to consent calendar. (Ayes 9. Noes 0. Page 973.) (May 12). `committee-passage-favorable, committee-passage`
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- **2015-05-13** Read second time. Ordered to consent calendar. `reading-2, reading-1`
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- **2015-05-18** Read third time. Passed. (Ayes 36. Noes 0. Page 1029.) Ordered to the Assembly. `reading-3, passage, reading-1`
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- **2015-05-18** In Assembly. Read first time. Held at Desk. `reading-1`
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- **2015-06-04** Referred to Com. on G.O. `referral-committee`
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- **2015-07-09** From committee: Do pass. (Ayes 18. Noes 0.) (July 8). `committee-passage-favorable, committee-passage`
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- **2015-07-13** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2015-08-20** Ordered to inactive file on request of Assembly Member Holden.
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- **2016-06-30** Notice of intention to remove from inactive file given by Assembly Member Calderon.
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- **2016-08-01** From inactive file.
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- **2016-08-01** Ordered to third reading.
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- **2016-08-04** Read third time and amended. `reading-3, amendment-passage, reading-1`
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- **2016-08-04** Ordered to third reading.
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- **2016-08-04** Re-referred to Com. on B. & F. pursuant to Assembly Rule 77.2. `referral-committee`
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- **2016-08-10** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (August 9). `committee-passage-favorable, committee-passage, amendment-passage`
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- **2016-08-11** Read second time and amended. Re-referred to Com. on APPR. `referral-committee, reading-2, amendment-passage, reading-1`
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- **2016-08-11** Withdrawn from committee.
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- **2016-08-11** Ordered to third reading.
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- **2016-08-18** Read third time. Passed. (Ayes 78. Noes 0. Page 5905.) Ordered to the Senate. `reading-3, passage, reading-1`
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- **2016-08-24** In Senate. Concurrence in Assembly amendments pending.
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- **2016-08-25** Re-referred to Com. on RLS. pursuant to Senate Rule 29.10(d). `referral-committee`
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- **2016-08-25** From committee: Be re-referred to Com. on B. & F.I. pursuant to Senate Rule 29.10(d). (Ayes 5. Noes 0. Page 5387.) Re-referred to Com. on B. & F.I. `referral-committee, committee-passage`
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- **2016-08-25** From committee: That the Assembly amendments be concurred in. (Ayes 7. Noes 0. Page 5436.) `committee-passage`
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- **2016-08-29** Assembly amendments concurred in. (Ayes 39. Noes 0. Page 5488.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
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- **2016-09-08** Enrolled and presented to the Governor at 5 p.m.
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- **2016-09-22** Approved by the Governor. `executive-signature`
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- **2016-09-22** Chaptered by Secretary of State. Chapter 478, 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/a87e4501-be1f-4ebb-a16a-4c8a85edbb04`. Confidence: reported (aggregated from official California legislature records).
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