Fabio
79 lines
4.3 KiB
Markdown
79 lines
4.3 KiB
Markdown
---
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type: "Bill"
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title: "Finance lenders."
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description: "Existing law, the California Finance Lenders Law, provides for the licensure and regulation of finance lenders and brokers. The California Finance Lenders Law exempts commercial bridge loans from the application of its provisions and defines a commercial bridge loan to require, among other things, that the loan have a maturity date not to exceed one year, as specified."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20132014"
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identifier: "SB 1181"
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citation: "California SB 1181 (20132014)"
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classification: ["bill"]
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subjects: ["Finance lenders."]
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status: "enacted"
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primary_sponsors: ["Correa"]
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version_count: 4
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action_count: 16
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vote_count: 4
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first_action: "2014-02-20"
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last_action: "2014-06-28"
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source: "openstates"
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source_identifier: "ocd-bill/6a5fd877-6dc8-46a8-aa1f-dfcf2271aeaf"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB1181"
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source_hash: "8b38d6ed37e9292823e9d932fc42afa0b814bf582a00948acd7eea5265d51b1f"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ca"]
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---
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# California SB 1181 (20132014) — Finance lenders.
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Existing law, the California Finance Lenders Law, provides for the licensure and regulation of finance lenders and brokers. The California Finance Lenders Law exempts commercial bridge loans from the application of its provisions and defines a commercial bridge loan to require, among other things, that the loan have a maturity date not to exceed one year, as specified.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **02/20/14 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB1181&version=20130SB118199INT)
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2. **06/28/14 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB1181&version=20130SB118197CHP)
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3. **SB1181** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB1181)
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4. **06/24/14 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140SB1181&version=20130SB118198ENR)
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## Votes
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- Do pass. — **12–0** (pass) · lower
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- 3rd Reading — **34–0** (pass) · upper
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- SB 1181 Correa Senate Third Reading By HARKEY — **75–0** (pass) · lower
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- Do pass. — **8–0** (pass) · upper
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## Sponsors
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- Correa — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2014-02-20** Introduced. Read first time. To Com. on RLS. for assignment. To print. `reading-1, introduction`
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- **2014-02-21** From printer. May be acted upon on or after March 23.
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- **2014-03-06** Referred to Com. on B. & F.I. `referral-committee`
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- **2014-03-18** Set for hearing April 9.
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- **2014-04-10** From committee: Do pass. (Ayes 8. Noes 0. Page 3161.) (April 9). `committee-passage-favorable, committee-passage`
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- **2014-04-21** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2014-04-28** Read third time. Passed. (Ayes 34. Noes 0. Page 3266.) Ordered to the Assembly. `reading-3, reading-1, passage`
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- **2014-04-28** In Assembly. Read first time. Held at Desk. `reading-1`
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- **2014-05-15** Referred to Com. on B. & F. `referral-committee`
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- **2014-06-10** From committee: Do pass. (Ayes 12. Noes 0.) (June 9). `committee-passage-favorable, committee-passage`
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- **2014-06-11** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2014-06-23** Read third time. Passed. (Ayes 75. Noes 0. Page 5648.) Ordered to the Senate. `reading-3, reading-1, passage`
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- **2014-06-23** In Senate. Ordered to engrossing and enrolling.
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- **2014-06-26** Enrolled and presented to the Governor at 2 p.m.
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- **2014-06-28** Approved by the Governor. `executive-signature`
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- **2014-06-28** Chaptered by Secretary of State. Chapter 68, Statutes of 2014.
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6a5fd877-6dc8-46a8-aa1f-dfcf2271aeaf`. Confidence: reported (aggregated from official California legislature records).
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