republic-os/legislation/us/states/ca/20212022/sb-269.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	Credit unions.	The California Credit Union Law (CCUL) provides for the licensure and regulation of credit unions by the Commissioner of Financial Protection and Innovation and makes a willful violation of that law a crime. The law prohibits a member of the board of directors, supervisory committee, or credit committee from receiving compensation for services as a member of the board of directors or those committees, subject to an exception for reasonable health, accident, and similar insurance and specified expense reimbursement. Existing law requires credit unions to obtain a bond or insurance coverage for each director, officer, supervisory committee member, and employee, among others, of the credit union.	us/states/ca	California Legislature	20212022	SB 269	California SB 269 (20212022)	bill	Credit unions.	enacted	Portantino	6	29	6	2021-01-28	2021-10-09	openstates	ocd-bill/08780818-bb97-421b-9fe3-a32ee306e05c	http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220SB269	2593ddab5a1e181b9e4f047fe1dfb42bf7c097bc4c5b402412722f39dd5f739a	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ca

California SB 269 (20212022) — Credit unions.

The California Credit Union Law (CCUL) provides for the licensure and regulation of credit unions by the Commissioner of Financial Protection and Innovation and makes a willful violation of that law a crime. The law prohibits a member of the board of directors, supervisory committee, or credit committee from receiving compensation for services as a member of the board of directors or those committees, subject to an exception for reasonable health, accident, and similar insurance and specified expense reimbursement. Existing law requires credit unions to obtain a bond or insurance coverage for each director, officer, supervisory committee member, and employee, among others, of the credit union.

Version chain

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

1. 01/28/21 - Introduced (filed) — source
2. 02/26/21 - Amended Senate (committee substitute) — source
3. 06/07/21 - Amended Assembly (committee substitute) — source
4. 10/09/21 - Chaptered (committee substitute) — source
5. SB269 (committee substitute) — source
6. 09/01/21 - Enrolled (enrolled) — source

Votes

• SB 269 Portantino Consent Calendar Second Day — 73–0 (pass) · lower
• Do pass. To Consent Calendar. — 13–0 (pass) · lower
• 3rd Reading — 38–0 (pass) · upper
• Do pass, but first be re-referred to the Committee on [Appropriations] — 9–0 (pass) · upper
• Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — 12–0 (pass) · lower
• Special Consent SB269 — 39–0 (pass) · upper

Sponsors

• Portantino — primary (person)

Timeline

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

• 2021-01-28 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
• 2021-01-29 From printer. May be acted upon on or after February 28.
• 2021-02-10 Referred to Com. on B. & F.I. referral-committee
• 2021-02-18 Set for hearing March 10.
• 2021-02-22 Art. IV. Sec. 8(a) of the Constitution dispensed with.
• 2021-02-22 (Ayes 32. Noes 4.)
• 2021-02-22 Joint Rule 55 suspended. (Ayes 32. Noes 4. Page 272.)
• 2021-02-26 From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I. amendment-passage, committee-passage, reading-1, reading-2, referral-committee
• 2021-03-10 From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0. Page 456.) (March 10). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
• 2021-03-12 Set for hearing March 22.
• 2021-03-22 From committee: Be ordered to second reading pursuant to Senate Rule 28.8. committee-passage, reading-2
• 2021-03-23 Read second time. Ordered to third reading. reading-1, reading-2
• 2021-04-05 Read third time. Passed. (Ayes 38. Noes 0. Page 658.) Ordered to the Assembly. passage, reading-1, reading-3
• 2021-04-05 In Assembly. Read first time. Held at Desk. reading-1
• 2021-05-13 Referred to Com. on B. & F. referral-committee
• 2021-06-07 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
• 2021-06-09 June 14 hearing postponed by committee.
• 2021-06-25 June 28 hearing postponed by committee.
• 2021-06-28 Joint Rule 62(a) suspended. (Ayes 56. Noes 19. Page 2124.)
• 2021-06-29 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 12. Noes 0.) (June 29). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
• 2021-07-14 From committee: Do pass. Ordered to consent calendar. (Ayes 13. Noes 0.) (July 14). committee-passage, committee-passage-favorable
• 2021-07-15 Read second time. Ordered to consent calendar. reading-1, reading-2
• 2021-08-19 Read third time. Passed. (Ayes 73. Noes 0. Page 2439.) Ordered to the Senate. passage, reading-1, reading-3
• 2021-08-19 In Senate. Concurrence in Assembly amendments pending.
• 2021-08-23 Ordered to special consent calendar.
• 2021-08-30 Assembly amendments concurred in. (Ayes 39. Noes 0. Page 2244.) Ordered to engrossing and enrolling. amendment-passage, committee-passage-favorable
• 2021-09-03 Enrolled and presented to the Governor at 2 p.m.
• 2021-10-09 Approved by the Governor. executive-signature
• 2021-10-09 Chaptered by Secretary of State. Chapter 762, Statutes of 2021. became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/08780818-bb97-421b-9fe3-a32ee306e05c. Confidence: reported (aggregated from official California legislature records).