republic-os/legislation/us/states/ca/20172018/ab-38.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Student loan servicers: licensing and regulation: Student Loan Servicing Act.	Existing law, operative July 1, 2018, establishes the Student Loan Servicing Act to provide for the licensure, regulation, and oversight of student loan servicers by the Commissioner of Business Oversight, who is the head of the Department of Business Oversight. The act prohibits a person from engaging in the business of servicing a student loan in this state without a license, unless the person falls within certain exceptions. Under the act, a person applying for a license, among other things, is required to pay an application fee, sign the application under penalty of perjury, and submit to a criminal background check by the Department of Justice. The act authorizes the commissioner to deny an application for a license for specified reasons. The act also authorizes the commissioner to promulgate regulations and take various other administrative actions. The act defines various terms for its purposes, and excludes specified entities, including banks, trust companies, and certain nonprofit community service organizations from its provisions.	us/states/ca	California Legislature	20172018	AB 38	California AB 38 (20172018)	bill	Student loan servicers: licensing and regulation: Student Loan Servicing Act.	enacted	Mark Stone	10	33	3	2016-12-05	2018-09-14	openstates	ocd-bill/b15aab0c-88ea-48c5-a5d9-085898ec1f91	http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB38	1dfaa2284c464af1949ea45b35efc76a088a814f9b283bb8661171de1ed9c464	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ca

California AB 38 (20172018) — Student loan servicers: licensing and regulation: Student Loan Servicing Act.

Existing law, operative July 1, 2018, establishes the Student Loan Servicing Act to provide for the licensure, regulation, and oversight of student loan servicers by the Commissioner of Business Oversight, who is the head of the Department of Business Oversight. The act prohibits a person from engaging in the business of servicing a student loan in this state without a license, unless the person falls within certain exceptions. Under the act, a person applying for a license, among other things, is required to pay an application fee, sign the application under penalty of perjury, and submit to a criminal background check by the Department of Justice. The act authorizes the commissioner to deny an application for a license for specified reasons. The act also authorizes the commissioner to promulgate regulations and take various other administrative actions. The act defines various terms for its purposes, and excludes specified entities, including banks, trust companies, and certain nonprofit community service organizations from its provisions.

Version chain

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

1. 12/05/16 - Introduced (filed) — source
2. 03/23/17 - Amended Assembly (committee substitute) — source
3. 06/11/18 - Amended Senate (committee substitute) — source
4. 06/26/18 - Amended Senate (committee substitute) — source
5. 07/03/17 - Amended Senate (committee substitute) — source
6. 08/20/18 - Amended Senate (committee substitute) — source
7. 09/07/17 - Amended Senate (committee substitute) — source
8. 09/14/18 - Chaptered (committee substitute) — source
9. AB38 (committee substitute) — source
10. 08/29/18 - Enrolled (enrolled) — source

Votes

• 3rd Reading AB38 Mark Stone By Galgiani — 28–11 (pass) · upper
• Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] — 5–2 (pass) · upper
• AB 38 STONE Concurrence in Senate Amendments — 55–23 (pass) · lower

Sponsors

• Mark Stone — primary (person)

Timeline

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

• 2016-12-05 Read first time. To print. reading-1
• 2016-12-06 From printer. May be heard in committee January 5.
• 2017-03-23 Referred to Com. on B. & F. referral-committee
• 2017-03-23 From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. amendment-introduction, amendment-passage, reading-2, reading-1
• 2017-03-27 Re-referred to Com. on B. & F. referral-committee
• 2017-03-29 In committee: Hearing postponed by committee.
• 2017-04-04 In committee: Hearing postponed by committee.
• 2017-04-25 From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 3.) (April 24). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
• 2017-05-10 From committee: Do pass. (Ayes 12. Noes 5.) (May 10). committee-passage-favorable, committee-passage
• 2017-05-11 Read second time. Ordered to third reading. reading-2, reading-1
• 2017-05-15 Read third time. Passed. Ordered to the Senate. (Ayes 55. Noes 23. Page 1535.) reading-3, passage, reading-1
• 2017-05-15 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
• 2017-05-24 Referred to Com. on I., B. & F.I. referral-committee
• 2017-07-03 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on I., B. & F.I. amendment-passage, referral-committee, reading-2, reading-1, amendment-introduction
• 2017-07-12 In committee: Set, first hearing. Testimony taken.
• 2017-09-07 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on I., B. & F.I. amendment-passage, referral-committee, reading-2, reading-1, amendment-introduction
• 2018-03-15 Withdrawn from committee.
• 2018-03-15 Re-referred to Com. on RLS. referral-committee
• 2018-03-15 Re-referred to Com. on B. & F.I. referral-committee
• 2018-05-30 In committee: Set, first hearing. Hearing canceled at the request of author.
• 2018-06-11 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. amendment-passage, referral-committee, reading-2, reading-1, amendment-introduction
• 2018-06-25 From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 2.) (June 20). amendment-passage, committee-passage, amendment-introduction
• 2018-06-26 Read second time and amended. Re-referred to Com. on APPR. amendment-passage, reading-2, referral-committee, reading-1
• 2018-08-06 From committee: Be ordered to second reading pursuant to Senate Rule 28.8. committee-passage, reading-2
• 2018-08-07 Read second time. Ordered to third reading. reading-2, reading-1
• 2018-08-20 Read third time and amended. Ordered to second reading. amendment-passage, reading-3, reading-1
• 2018-08-21 Read second time. Ordered to third reading. reading-2, reading-1
• 2018-08-23 Read third time. Passed. Ordered to the Assembly. (Ayes 28. Noes 11. Page 5662.). reading-3, passage, reading-1
• 2018-08-23 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 25 pursuant to Assembly Rule 77.
• 2018-08-27 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 55. Noes 23. Page 6642.). committee-passage-favorable, amendment-passage
• 2018-09-04 Enrolled and presented to the Governor at 3 p.m.
• 2018-09-14 Approved by the Governor. executive-signature
• 2018-09-14 Chaptered by Secretary of State - Chapter 379, Statutes of 2018.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/b15aab0c-88ea-48c5-a5d9-085898ec1f91. Confidence: reported (aggregated from official California legislature records).