Fabio
78 lines
4.7 KiB
Markdown
78 lines
4.7 KiB
Markdown
---
|
||
type: "Bill"
|
||
title: "Financing statements: mortgages."
|
||
description: "Existing law, the Uniform Commercial Code-Secured Transactions (UCC) , provides that a financing statement is sufficient only if it provides, among other things, the name of the debtor and that, if the debtor is an individual to whom the Department of Motor Vehicles has issued a driver's license that has not expired or an identification card that has not expired, a financing statement sufficiently provides the name of the debtor only if it provides the name of the individual indicated on that driver's license or identification card, as specified."
|
||
jurisdiction: "us/states/ca"
|
||
legislature: "California Legislature"
|
||
session: "20252026"
|
||
identifier: "AB 771"
|
||
citation: "California AB 771 (20252026)"
|
||
classification: ["bill"]
|
||
subjects: ["Financingstatements", "mortgages"]
|
||
status: "enacted"
|
||
primary_sponsors: ["Macedo"]
|
||
version_count: 4
|
||
action_count: 15
|
||
vote_count: 4
|
||
first_action: "2025-02-18"
|
||
last_action: "2025-07-14"
|
||
source: "openstates"
|
||
source_identifier: "ocd-bill/279b5eba-cfb3-4890-8acf-9ca1e3109698"
|
||
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB771"
|
||
source_hash: "4b6c133712deef65273564d9334b5c38134d205eef3e76127e4c53a32c326b45"
|
||
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 AB 771 (20252026) — Financing statements: mortgages.
|
||
|
||
Existing law, the Uniform Commercial Code-Secured Transactions (UCC) , provides that a financing statement is sufficient only if it provides, among other things, the name of the debtor and that, if the debtor is an individual to whom the Department of Motor Vehicles has issued a driver's license that has not expired or an identification card that has not expired, a financing statement sufficiently provides the name of the debtor only if it provides the name of the individual indicated on that driver's license or identification card, as specified.
|
||
|
||
## Version chain
|
||
|
||
The bill's text revisions, in order — the diff chain from filing to enrollment.
|
||
|
||
1. **02/18/25 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260AB771&version=20250AB77199INT)
|
||
2. **07/14/25 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260AB771&version=20250AB77197CHP)
|
||
3. **AB771** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260AB771)
|
||
4. **06/24/25 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260AB771&version=20250AB77198ENR)
|
||
|
||
## Votes
|
||
|
||
- AB 771 Macedo Assembly Third Reading — **75–0** (pass) · lower
|
||
- Consent Calendar 2nd — **37–0** (pass) · upper
|
||
- Do pass and be ordered to the Consent Calendar — **12–0** (pass) · upper
|
||
- Do pass. — **9–0** (pass) · lower
|
||
|
||
## Sponsors
|
||
|
||
- Macedo — primary (person)
|
||
|
||
## Timeline
|
||
|
||
The legislative action history — every referral, reading, and vote.
|
||
|
||
- **2025-02-18** Read first time. To print. `reading-1`
|
||
- **2025-02-19** From printer. May be heard in committee March 21.
|
||
- **2025-03-17** Referred to Com. on B.&F. `referral-committee`
|
||
- **2025-05-06** From committee: Do pass. (Ayes 9. Noes 0.) (May 5). `committee-passage, committee-passage-favorable`
|
||
- **2025-05-07** Read second time. Ordered to third reading. `reading-1, reading-2`
|
||
- **2025-05-12** Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 0. Page 1515.) `passage, reading-1, reading-3`
|
||
- **2025-05-13** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
|
||
- **2025-05-21** Referred to Com. on JUD. `referral-committee`
|
||
- **2025-06-17** From committee: Do pass. To Consent Calendar. (Ayes 12. Noes 0.) (June 17). `committee-passage, committee-passage-favorable`
|
||
- **2025-06-18** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
|
||
- **2025-06-23** Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 1706.). `passage, reading-1, reading-3`
|
||
- **2025-06-24** In Assembly. Ordered to Engrossing and Enrolling. `committee-passage`
|
||
- **2025-07-02** Enrolled and presented to the Governor at 2 p.m.
|
||
- **2025-07-14** Approved by the Governor. `executive-signature`
|
||
- **2025-07-14** Chaptered by Secretary of State - Chapter 43, Statutes of 2025. `became-law`
|
||
|
||
## Source
|
||
|
||
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/279b5eba-cfb3-4890-8acf-9ca1e3109698`. Confidence: reported (aggregated from official California legislature records).
|
||
|