Existing law, the Financial Institutions Law, requires the Commissioner of Financial Protection and Innovation to cause every California state bank and every foreign bank to be examined to the extent and whenever and as often as the commissioner shall deem it advisable, but in no case less frequently than once every 12 months, except as prescribed. Existing law, the California Credit Union Law (CCUL) , authorizes the commissioner to, at any time, investigate into the affairs and examine the books, accounts, records, files, and any office within or outside of this state used in the business of every credit union, whether it acts or claims to act under, or without authority of, the CCUL.
Existing law, the Financial Institutions Law, requires the Commissioner of Financial Protection and Innovation to cause every California state bank and every foreign bank to be examined to the extent and whenever and as often as the commissioner shall deem it advisable, but in no case less frequently than once every 12 months, except as prescribed. Existing law, the California Credit Union Law (CCUL) , authorizes the commissioner to, at any time, investigate into the affairs and examine the books, accounts, records, files, and any office within or outside of this state used in the business of every credit union, whether it acts or claims to act under, or without authority of, the CCUL.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass, but first be re-referred to the Committee on [Appropriations] — 6–2 (pass) · upper
Do pass and be re-referred to the Committee on [Appropriations] — 9–0 (pass) · lower
SB 1415 Limón Senate Third Reading By GRAYSON — 59–3 (pass) · lower
3rd Reading — 29–7 (pass) · upper
Unfinished Business SB1415 Limón et al. Concurrence — 31–9 (pass) · upper
Do pass. — 11–2 (pass) · lower
Sponsors
Limón — primary (person)
Bradford — author (person)
Rubio — coauthor (person)
Timeline
The legislative action history — every referral, reading, and vote.
2022-02-18 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
2022-02-18 Article IV Section 8(a) of the Constitution and Joint Rule 55 dispensed with February 7, 2022, suspending the 30 calendar day requirement.
2022-02-22 From printer.
2022-03-09 Referred to Com. on RLS. referral-committee
2022-03-15 From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS. amendment-passage, committee-passage, reading-1, reading-2, referral-committee
2022-03-23 Re-referred to Com. on B. & F.I. referral-committee
2022-04-04 Set for hearing April 20.
2022-04-20 From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 2. Page 3456.) (April 20). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2022-04-22 Set for hearing May 2.
2022-05-02 From committee: Be ordered to second reading pursuant to Senate Rule 28.8. committee-passage, reading-2
2022-05-03 Read second time. Ordered to third reading. reading-1, reading-2
2022-05-23 Read third time. Passed. (Ayes 29. Noes 7. Page 3825.) Ordered to the Assembly. passage, reading-1, reading-3
2022-05-24 In Assembly. Read first time. Held at Desk. reading-1
2022-05-27 Referred to Com. on B. & F. referral-committee
2022-06-01 From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F. amendment-passage, committee-passage, reading-1, reading-2, referral-committee
2022-06-21 From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (June 20). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2022-06-29 From committee: Do pass. (Ayes 11. Noes 2.) (June 29). committee-passage, committee-passage-favorable
2022-06-30 Read second time. Ordered to third reading. reading-1, reading-2
2022-08-25 Read third time. Passed. Ordered to the Senate. passage, reading-1, reading-3
2022-08-25 In Senate. Concurrence in Assembly amendments pending.
2022-08-30 Assembly amendments concurred in. (Ayes 31. Noes 9. Page 5310.) Ordered to engrossing and enrolling. amendment-passage, committee-passage-favorable
2022-09-13 Enrolled and presented to the Governor at 3 p.m.
2022-09-29 Approved by the Governor. executive-signature
2022-09-29 Chaptered by Secretary of State. Chapter 847, Statutes of 2022. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/24e81c2a-241f-45a9-b0f8-c021732a5794. Confidence: reported (aggregated from official California legislature records).