Existing law, the Credit Services Act of 1984, defines and regulates the activities of credit services organizations. Existing law generally defines a credit services organization as a person who, for payment, performs specified credit-related services, such as improving a buyer's credit record and obtaining loans, but excludes specified persons and institutions, including an attorney licensed to practice law in this state rendering services within the course and scope of the practice of law unless the attorney is an employee of, or otherwise directly affiliated with, a credit services organization. Existing law requires credit services organizations to obtain a surety bond, as specified, before conducting business and requires that they register with the Attorney General, subject to a fee of $100.
California AB 2424 (20212022) — Credit services organizations.
Existing law, the Credit Services Act of 1984, defines and regulates the activities of credit services organizations. Existing law generally defines a credit services organization as a person who, for payment, performs specified credit-related services, such as improving a buyer's credit record and obtaining loans, but excludes specified persons and institutions, including an attorney licensed to practice law in this state rendering services within the course and scope of the practice of law unless the attorney is an employee of, or otherwise directly affiliated with, a credit services organization. Existing law requires credit services organizations to obtain a surety bond, as specified, before conducting business and requires that they register with the Attorney General, subject to a fee of $100.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass as amended and be re-referred to the Committee on [Appropriations] — 10–0 (pass) · lower
Do pass. — 14–0 (pass) · lower
Do pass — 6–0 (pass) · upper
Do pass as amended and be re-referred to the Committee on [Privacy and Consumer Protection] — 9–0 (pass) · lower
Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] — 9–1 (pass) · upper
3rd Reading AB2424 Blanca Rubio et al. By Caballero — 40–0 (pass) · upper
Placed on suspense file — 7–0 (pass) · upper
AB 2424 Blanca Rubio Concurrence in Senate Amendments — 73–0 (pass) · lower
AB 2424 Blanca Rubio Assembly Third Reading — 71–0 (pass) · lower
Sponsors
Blanca Rubio — primary (person)
Chen — coauthor (person)
Timeline
The legislative action history — every referral, reading, and vote.
2022-02-17 Read first time. To print. reading-1
2022-02-18 From printer. May be heard in committee March 20.
2022-03-03 Referred to Coms. on B. & F. and P. & C.P. referral-committee
2022-03-30 From committee: Amend, and do pass as amended and re-refer to Com. on P. & C.P. (Ayes 9. Noes 0.) (March 28). amendment-introduction, amendment-passage, committee-passage, referral-committee
2022-03-31 Read second time and amended. amendment-passage, reading-1, reading-2
2022-04-04 Re-referred to Com. on P. & C.P. referral-committee
2022-04-21 From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (April 19). amendment-introduction, amendment-passage, committee-passage, referral-committee
2022-04-25 Read second time and amended. amendment-passage, reading-1, reading-2
2022-04-26 Re-referred to Com. on APPR. referral-committee
2022-05-11 In committee: Set, first hearing. Referred to suspense file. referral-committee
2022-05-19 From committee: Do pass. (Ayes 14. Noes 0.) (May 19). committee-passage, committee-passage-favorable
2022-05-19 Read second time. Ordered to third reading. reading-1, reading-2
2022-05-25 Read third time. Passed. Ordered to the Senate. (Ayes 71. Noes 0. Page 4936.) passage, reading-1, reading-3
2022-05-26 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2022-06-08 Referred to Coms. on B. & F.I. and JUD. referral-committee
2022-06-09 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-introduction, amendment-passage, reading-1, reading-2, referral-committee
2022-06-13 Withdrawn from committee.
2022-06-13 Re-referred to Com. on JUD. referral-committee
2022-06-29 From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 1.) (June 28). amendment-introduction, amendment-passage, committee-passage, referral-committee
2022-06-30 Read second time and amended. Re-referred to Com. on APPR. amendment-passage, reading-1, reading-2, referral-committee
2022-08-02 In committee: Referred to suspense file. referral-committee
2022-08-11 From committee: Do pass. (Ayes 6. Noes 0.) (August 11). committee-passage, committee-passage-favorable
2022-08-11 Read second time. Ordered to third reading. reading-1, reading-2
2022-08-23 Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 4997.). passage, reading-1, reading-3
2022-08-23 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 25 pursuant to Assembly Rule 77.
2022-08-24 Assembly Rule 77(a) suspended.
2022-08-24 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 73. Noes 0.). amendment-passage, committee-passage-favorable
2022-08-31 Enrolled and presented to the Governor at 4 p.m.
2022-09-30 Approved by the Governor. executive-signature
2022-09-30 Chaptered by Secretary of State - Chapter 965, Statutes of 2022. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/f17773a9-417c-41ae-b3f6-e02349db64a9. Confidence: reported (aggregated from official California legislature records).