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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 Financial institutions. (1) Existing law abolishes the office of the Commissioner of Financial Institutions and the Department of Financial Institutions and transfers the powers, duties, responsibilities, and functions thereof to the Commissioner of Business Oversight and the Department of Business Oversight, respectively. Existing law also abolishes the office of the Commissioner of Corporations and the Department of Corporations and transfers the powers, duties, responsibilities, and functions thereof to the Commissioner of Business Oversight and the Department of Business Oversight, respectively. us/states/ca California Legislature 20192020 SB 251 California SB 251 (20192020)
bill
Financial institutions.
enacted
Committee on Banking and Financial Institutions
5 20 5 2019-02-11 2019-07-30 openstates ocd-bill/b00a9c82-7106-48a4-a501-b43b69b24f76 http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200SB251 c06ca6e2520b636bb76c619beafffbbfaf56c219ea796df7047c23984f8bc848 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ca

California SB 251 (20192020) — Financial institutions.

(1) Existing law abolishes the office of the Commissioner of Financial Institutions and the Department of Financial Institutions and transfers the powers, duties, responsibilities, and functions thereof to the Commissioner of Business Oversight and the Department of Business Oversight, respectively. Existing law also abolishes the office of the Commissioner of Corporations and the Department of Corporations and transfers the powers, duties, responsibilities, and functions thereof to the Commissioner of Business Oversight and the Department of Business Oversight, respectively.

Version chain

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

  1. 02/11/19 - Introduced (filed) — source
  2. 05/28/19 - Amended Assembly (committee substitute) — source
  3. 07/30/19 - Chaptered (committee substitute) — source
  4. SB251 (committee substitute) — source
  5. 07/15/19 - Enrolled (enrolled) — source

Votes

  • Do pass. To Consent Calendar. — 120 (pass) · lower
  • SB 251 B. & F.I. Consent Calendar Second Day — 770 (pass) · lower
  • Do pass and be ordered to the Consent Calendar — 70 (pass) · upper
  • Special Consent SB251 B. & F.I. — 390 (pass) · upper
  • Consent Calendar SB251 B. & F.I. — 370 (pass) · upper

Sponsors

  • Committee on Banking and Financial Institutions — primary (person)

Timeline

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

  • 2019-02-11 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
  • 2019-02-12 From printer. May be acted upon on or after March 14.
  • 2019-02-21 Referred to Com. on B. & F.I. referral-committee
  • 2019-03-08 Set for hearing April 10.
  • 2019-04-11 From committee: Do pass. Ordered to consent calendar. (Ayes 7. Noes 0. Page 712.) (April 10). committee-passage-favorable, committee-passage
  • 2019-04-22 Read second time. Ordered to consent calendar. reading-1, reading-2
  • 2019-04-25 Read third time. Passed. (Ayes 37. Noes 0. Page 823.) Ordered to the Assembly. passage, reading-3, reading-1
  • 2019-04-25 In Assembly. Read first time. Held at Desk. reading-1
  • 2019-05-16 Referred to Com. on B. & F. referral-committee
  • 2019-05-28 From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F. reading-1, reading-2, amendment-passage, committee-passage, referral-committee
  • 2019-06-05 June 10 hearing postponed by committee.
  • 2019-06-25 From committee: Do pass. Ordered to consent calendar. (Ayes 12. Noes 0.) (June 24). committee-passage-favorable, committee-passage
  • 2019-06-26 Read second time. Ordered to consent calendar. reading-1, reading-2
  • 2019-07-01 Read third time. Passed. (Ayes 77. Noes 0. Page 2492.) Ordered to the Senate. passage, reading-3, reading-1
  • 2019-07-01 In Senate. Concurrence in Assembly amendments pending.
  • 2019-07-03 Ordered to special consent calendar.
  • 2019-07-11 Assembly amendments concurred in. (Ayes 39. Noes 0. Page 2055.) Ordered to engrossing and enrolling. amendment-passage, committee-passage-favorable
  • 2019-07-19 Enrolled and presented to the Governor at 2 p.m.
  • 2019-07-30 Approved by the Governor. executive-signature
  • 2019-07-30 Chaptered by Secretary of State. Chapter 143, Statutes of 2019.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/b00a9c82-7106-48a4-a501-b43b69b24f76. Confidence: reported (aggregated from official California legislature records).