The Banking Law provides for the regulation of banks by the Commissioner of Business Oversight, and the California Credit Union Law provides for the regulation of credit unions by the commissioner. Except as specified, the California Constitution prohibits the Legislature from authorizing lotteries in California. Existing statutory law, subject to specified exceptions, makes it a crime for a person to contrive, prepare, set up, propose, or draw any lottery, whether it is called a lottery, raffle, gift enterprise, or other name.
California SB 1055 (20172018) — Banks and credit unions: savings promotions.
The Banking Law provides for the regulation of banks by the Commissioner of Business Oversight, and the California Credit Union Law provides for the regulation of credit unions by the commissioner. Except as specified, the California Constitution prohibits the Legislature from authorizing lotteries in California. Existing statutory law, subject to specified exceptions, makes it a crime for a person to contrive, prepare, set up, propose, or draw any lottery, whether it is called a lottery, raffle, gift enterprise, or other name.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass and be ordered to the Consent Calendar — 7–0 (pass) · upper
SB 1055 Bradford Senate Third Reading By LIMÓN — 77–0 (pass) · lower
Unfinished Business SB1055 Bradford Concurrence — 39–0 (pass) · upper
Consent Calendar — 36–0 (pass) · upper
Do pass. To Consent Calendar. — 10–0 (pass) · lower
Sponsors
Bradford — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2018-02-12 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
2018-02-13 From printer. May be acted upon on or after March 15.
2018-02-22 Referred to Com. on I., B. & F.I. referral-committee
2018-03-15 Withdrawn from committee.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
2018-03-21 Set for hearing April 18.
2018-04-19 From committee: Do pass. Ordered to consent calendar. (Ayes 7. Noes 0. Page 4745.) (April 18). committee-passage-favorable, committee-passage
2018-04-23 Read second time. Ordered to consent calendar. reading-2, reading-1
2018-04-30 Read third time. Passed. (Ayes 36. Noes 0. Page 4879.) Ordered to the Assembly. reading-3, passage, reading-1
2018-04-30 In Assembly. Read first time. Held at Desk. reading-1
2018-05-07 Referred to Com. on B. & F. referral-committee
2018-06-06 June 11 hearing postponed by committee.
2018-06-18 From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F. reading-2, referral-committee, amendment-passage, committee-passage, reading-1
2018-06-18 June 18 hearing postponed by committee.
2018-06-26 From committee: Do pass. Ordered to consent calendar. (Ayes 10. Noes 0.) (June 25). committee-passage-favorable, committee-passage
2018-06-27 Read second time. Ordered to consent calendar. reading-2, reading-1
2018-06-28 From consent calendar on motion of Assembly Member Calderon.
2018-06-28 Ordered to third reading.
2018-08-09 Read third time and amended. amendment-passage, reading-3, reading-1
2018-08-09 Ordered to third reading.
2018-08-16 Read third time. Passed. (Ayes 77. Noes 0. Page 6303.) Ordered to the Senate. reading-3, passage, reading-1
2018-08-16 In Senate. Concurrence in Assembly amendments pending.
2018-08-28 Assembly amendments concurred in. (Ayes 39. Noes 0. Page 5835.) Ordered to engrossing and enrolling. committee-passage-favorable, amendment-passage
2018-09-05 Enrolled and presented to the Governor at 3:30 p.m.
2018-09-27 Approved by the Governor. executive-signature
2018-09-27 Chaptered by Secretary of State. Chapter 847, Statutes of 2018.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/eacf1787-4885-40ab-90e2-4bccd8567692. Confidence: reported (aggregated from official California legislature records).