republic-os/legislation/us/states/ca/20232024/sb-33.md

---
type: "Bill"
title: "Commercial financing: disclosures."
description: "Existing law requires a provider who extends a specific offer of commercial financing to a recipient, as defined, to disclose specified information relating to that transaction to the recipient and to obtain the recipient's signature on that disclosure before consummating the commercial financing transaction. Existing law, until January 1, 2024, requires a provider to disclose the total cost of financing expressed as an annualized rate."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20232024"
identifier: "SB 33"
citation: "California SB 33 (20232024)"
classification: ["bill"]
subjects: ["Commercial financing", "disclosures"]
status: "enacted"
primary_sponsors: ["Glazer"]
version_count: 6
action_count: 28
vote_count: 8
first_action: "2022-12-05"
last_action: "2023-10-07"
source: "openstates"
source_identifier: "ocd-bill/dad34d26-e9e1-4a25-b0f7-77f5e7ea5f81"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240SB33"
source_hash: "88a44f2c0b182c3447aca744b25bb5afb7ecd40527d19f1e889fa59ea87b1bbe"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---

# California SB 33 (20232024) — Commercial financing: disclosures.

Existing law requires a provider who extends a specific offer of commercial financing to a recipient, as defined, to disclose specified information relating to that transaction to the recipient and to obtain the recipient's signature on that disclosure before consummating the commercial financing transaction. Existing law, until January 1, 2024, requires a provider to disclose the total cost of financing expressed as an annualized rate.

## Version chain

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

1. **12/05/22 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB33&version=20230SB3399INT)
2. **06/21/23 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB33&version=20230SB3398AMD)
3. **09/05/23 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB33&version=20230SB3397AMD)
4. **10/07/23 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB33&version=20230SB3395CHP)
5. **SB33** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240SB33)
6. **09/18/23 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB33&version=20230SB3396ENR)

## Votes

- Do pass as amended and be re-referred to the Committee on [Appropriations] — **10–0** (pass) · lower
- 3rd Reading — **39–0** (pass) · upper
- Do pass. — **16–0** (pass) · lower
- SB 33 Glazer Senate Third Reading By Dixon — **80–0** (pass) · lower
- Unfinished Business SB33 Glazer Concurrence — **40–0** (pass) · upper
- Do pass and be re-referred to the Committee on [Judiciary] — **11–0** (pass) · lower
- Do pass, but first be re-referred to the Committee on [Appropriations] — **10–0** (pass) · upper
- Do pass, but first be re-referred to the Committee on [Judiciary] — **6–0** (pass) · upper

## Sponsors

- Glazer — primary (person)

## Timeline

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

- **2022-12-05** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
- **2022-12-06** From printer. May be acted upon on or after January 5.
- **2023-01-18** Referred to Coms. on B. & F.I. and JUD. `referral-committee`
- **2023-02-28** Set for hearing March 29.
- **2023-03-29** From committee: Do pass and re-refer to Com. on JUD. (Ayes 6. Noes 0. Page 569.) (March 29). Re-referred to Com. on JUD. `committee-passage, committee-passage-favorable, referral-committee`
- **2023-04-03** Set for hearing April 11.
- **2023-04-12** From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0. Page 685.) (April 11). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
- **2023-04-14** Set for hearing April 24.
- **2023-04-20** April 24 hearing postponed by committee.
- **2023-04-21** Set for hearing May 1.
- **2023-05-01** From committee: Be ordered to second reading pursuant to Senate Rule 28.8. `committee-passage, reading-2`
- **2023-05-02** Read second time. Ordered to third reading. `reading-1, reading-2`
- **2023-05-11** Read third time. Passed. (Ayes 39. Noes 0. Page 1050.) Ordered to the Assembly. `passage, reading-1, reading-3`
- **2023-05-11** In Assembly. Read first time. Held at Desk. `reading-1`
- **2023-05-18** Referred to Coms. on B. & F. and JUD. `referral-committee`
- **2023-06-13** From committee: Do pass and re-refer to Com. on JUD. (Ayes 11. Noes 0.) (June 12). Re-referred to Com. on JUD. `committee-passage, committee-passage-favorable, referral-committee`
- **2023-06-20** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (June 20). `amendment-passage, committee-passage, committee-passage-favorable`
- **2023-06-21** Read second time and amended. Re-referred to Com. on APPR. `amendment-passage, reading-1, reading-2, referral-committee`
- **2023-08-16** From committee: Do pass. (Ayes 16. Noes 0.) (August 16). `committee-passage, committee-passage-favorable`
- **2023-08-17** Read second time. Ordered to third reading. `reading-1, reading-2`
- **2023-09-05** Read third time and amended. `amendment-passage, reading-1, reading-3`
- **2023-09-05** Ordered to third reading.
- **2023-09-13** Read third time. Passed. (Ayes 80. Noes 0. Page 3350.) Ordered to the Senate. `passage, reading-1, reading-3`
- **2023-09-13** In Senate. Concurrence in Assembly amendments pending.
- **2023-09-14** Assembly amendments concurred in. (Ayes 40. Noes 0. Page 2840.) Ordered to engrossing and enrolling. `amendment-passage, committee-passage-favorable`
- **2023-09-21** Enrolled and presented to the Governor at 4 p.m.
- **2023-10-07** Approved by the Governor. `executive-signature`
- **2023-10-07** Chaptered by Secretary of State. Chapter 376, Statutes of 2023. `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/dad34d26-e9e1-4a25-b0f7-77f5e7ea5f81`. Confidence: reported (aggregated from official California legislature records).