republic-os/legislation/us/states/ca/20232024/ab-2062.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.	(1) Existing law, the California Credit Union Law, provides for the regulation of credit unions by the Commissioner of Financial Protection and Innovation, and specifies requirement for the management and operation of credit unions. Existing law specifies the manner of deposit for the savings capital of a credit union, prohibits a credit union from entering into an obligation with any official that exceeds 20% of the aggregate dollar amount of all savings capital, and prohibits a credit union policy from permitting a credit union to enter into obligations with a member where the total obligations of the member exceeds 10% of the aggregate dollar amount of the credit union's savings capital. A willful violation of the California Credit Union Law is a crime.	us/states/ca	California Legislature	20232024	AB 2062	California AB 2062 (20232024)	bill	Credit unions	enacted	Grayson	7	24	7	2024-02-01	2024-09-20	openstates	ocd-bill/25f13555-b169-4f0a-b81a-13abddf3795f	http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240AB2062	f8e815ec1dd98e606bb8b7160a9aae846b76f811346d3414fa5e0b4400265b55	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ca

California AB 2062 (20232024) — Credit unions.

(1) Existing law, the California Credit Union Law, provides for the regulation of credit unions by the Commissioner of Financial Protection and Innovation, and specifies requirement for the management and operation of credit unions. Existing law specifies the manner of deposit for the savings capital of a credit union, prohibits a credit union from entering into an obligation with any official that exceeds 20% of the aggregate dollar amount of all savings capital, and prohibits a credit union policy from permitting a credit union to enter into obligations with a member where the total obligations of the member exceeds 10% of the aggregate dollar amount of the credit union's savings capital. A willful violation of the California Credit Union Law is a crime.

Version chain

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

1. 02/01/24 - Introduced (filed) — source
2. 04/01/24 - Amended Assembly (committee substitute) — source
3. 06/24/24 - Amended Senate (committee substitute) — source
4. 07/03/24 - Amended Senate (committee substitute) — source
5. 09/20/24 - Chaptered (committee substitute) — source
6. AB2062 (committee substitute) — source
7. 08/26/24 - Enrolled (enrolled) — source

Votes

• Do pass as amended, but first amend, and re-refer to the Committee on [Judiciary] with the recommendation: To Consent Calendar — 6–0 (pass) · upper
• Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] — 11–0 (pass) · upper
• AB 2062 Grayson Consent Calendar Second Day — 65–0 (pass) · lower
• 3rd Reading AB2062 Grayson By Portantino — 40–0 (pass) · upper
• Do pass. To Consent Calendar. — 14–0 (pass) · lower
• AB 2062 Grayson Concurrence in Senate Amendments — 62–0 (pass) · lower
• Do pass and be re-referred to the Committee on [Appropriations] — 9–0 (pass) · lower

Sponsors

• Grayson — primary (person)

Timeline

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

• 2024-02-01 Read first time. To print. reading-1
• 2024-02-02 From printer. May be heard in committee March 3.
• 2024-02-12 Referred to Com. on B. & F. referral-committee
• 2024-04-01 From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. amendment-introduction, amendment-passage, reading-1, reading-2
• 2024-04-01 In committee: Hearing postponed by committee.
• 2024-04-02 Re-referred to Com. on B. & F. referral-committee
• 2024-04-16 From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (April 15). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
• 2024-05-01 From committee: Do pass. To Consent Calendar. (Ayes 14. Noes 0.) (May 1). committee-passage, committee-passage-favorable
• 2024-05-02 Read second time. Ordered to Consent Calendar. reading-1, reading-2
• 2024-05-09 Read third time. Passed. Ordered to the Senate. (Ayes 65. Noes 0. Page 5158.) passage, reading-1, reading-3
• 2024-05-09 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
• 2024-05-22 Referred to Coms. on B. & F.I. and JUD. referral-committee
• 2024-06-20 From committee: Amend, and do pass as amended and re-refer to Com. on JUD. with recommendation: To Consent Calendar. (Ayes 6. Noes 0.) (June 19). amendment-introduction, amendment-passage, committee-passage, referral-committee
• 2024-06-24 Read second time and amended. Re-referred to Com. on JUD. amendment-passage, reading-1, reading-2, referral-committee
• 2024-07-03 From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (July 2). amendment-introduction, amendment-passage, committee-passage, referral-committee
• 2024-07-03 Read second time and amended. Re-referred to Com. on APPR. amendment-passage, reading-1, reading-2, referral-committee
• 2024-08-05 From committee: Be ordered to second reading pursuant to Senate Rule 28.8. committee-passage, reading-2
• 2024-08-06 Read second time. Ordered to third reading. reading-1, reading-2
• 2024-08-20 Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 5232.). passage, reading-1, reading-3
• 2024-08-20 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 22 pursuant to Assembly Rule 77.
• 2024-08-22 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 62. Noes 0. Page 6428.). amendment-passage, committee-passage-favorable
• 2024-08-28 Enrolled and presented to the Governor at 4 p.m.
• 2024-09-20 Approved by the Governor. executive-signature
• 2024-09-20 Chaptered by Secretary of State - Chapter 305, Statutes of 2024. became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/25f13555-b169-4f0a-b81a-13abddf3795f. Confidence: reported (aggregated from official California legislature records).