republic-os/legislation/us/states/ca/20192020/ab-2559.md

---
type: "Bill"
title: "California Financing Law: enforcement and penalties."
description: "(1) Existing law, the California Financing Law (CFL) , generally provides for the licensure and regulation of finance lenders, brokers, and program administrators by the Commissioner of Business Oversight. The CFL authorizes the commissioner to require the attendance of witnesses and examine under oath, punishable under penalty of perjury, all persons whose testimony is required relative to the loans, assessment contracts, or businesses regulated under the CFL."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20192020"
identifier: "AB 2559"
citation: "California AB 2559 (20192020)"
classification: ["bill"]
subjects: ["California Financing Law: enforcement and penalties."]
status: "enacted"
primary_sponsors: ["Bauer-Kahan"]
version_count: 6
action_count: 22
vote_count: 6
first_action: "2020-02-19"
last_action: "2020-09-25"
source: "openstates"
source_identifier: "ocd-bill/af1eb9ca-d979-4414-bb45-dfd85fc05938"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200AB2559"
source_hash: "5c663170bdc899edf8a6ff22d611988a12eacd824564301baa0a9b00268b2279"
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 2559 (20192020) — California Financing Law: enforcement and penalties.

(1) Existing law, the California Financing Law (CFL) , generally provides for the licensure and regulation of finance lenders, brokers, and program administrators by the Commissioner of Business Oversight. The CFL authorizes the commissioner to require the attendance of witnesses and examine under oath, punishable under penalty of perjury, all persons whose testimony is required relative to the loans, assessment contracts, or businesses regulated under the CFL.

## Version chain

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

1. **02/19/20 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201920200AB2559&version=20190AB255999INT)
2. **07/08/20 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201920200AB2559&version=20190AB255998AMD)
3. **08/04/20 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201920200AB2559&version=20190AB255997AMD)
4. **09/25/20 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201920200AB2559&version=20190AB255995CHP)
5. **AB2559** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200AB2559)
6. **09/01/20 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201920200AB2559&version=20190AB255996ENR)

## Votes

- Do pass. To Consent Calendar. — **18–0** (pass) · lower
- Do pass and be re-referred to the Committee on [Appropriations] — **10–0** (pass) · lower
- AB 2559 Bauer-Kahan Consent Calendar Second Day — **76–0** (pass) · lower
- Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar — **7–0** (pass) · upper
- Consent Calendar AB2559 — **39–0** (pass) · upper
- AB 2559 Bauer-Kahan Concurrence in Senate Amendments — **75–0** (pass) · lower

## Sponsors

- Bauer-Kahan — primary (person)

## Timeline

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

- **2020-02-19** Read first time. To print. `reading-1`
- **2020-02-20** From printer. May be heard in committee March 21.
- **2020-03-12** Referred to Coms. on B. & F. and JUD. `referral-committee`
- **2020-05-20** From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (May 19). Re-referred to Com. on APPR. `committee-passage-favorable, committee-passage, referral-committee`
- **2020-06-02** From committee: Do pass. To Consent Calendar. (Ayes 18. Noes 0.) (June 2). `committee-passage-favorable, committee-passage`
- **2020-06-03** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
- **2020-06-08** Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 4728.) `passage, reading-3, reading-1`
- **2020-06-09** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2020-06-23** Referred to Com. on B. & F.I. `referral-committee`
- **2020-07-08** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I. `reading-1, reading-2, amendment-passage, referral-committee, amendment-introduction`
- **2020-07-09** In committee: Hearing postponed by committee.
- **2020-07-30** In committee: Hearing postponed by committee.
- **2020-08-04** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I. `reading-1, reading-2, amendment-passage, referral-committee, amendment-introduction`
- **2020-08-13** From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (August 13). Re-referred to Com. on APPR. `committee-passage-favorable, committee-passage, referral-committee`
- **2020-08-17** From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar. `committee-passage, reading-2`
- **2020-08-18** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
- **2020-08-28** Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 4379.). `passage, reading-3, reading-1`
- **2020-08-28** In Assembly. Concurrence in Senate amendments pending.
- **2020-08-30** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 75. Noes 0. Page 5327.). `amendment-passage, committee-passage-favorable`
- **2020-09-11** Enrolled and presented to the Governor at 3 p.m.
- **2020-09-25** Approved by the Governor. `executive-signature`
- **2020-09-25** Chaptered by Secretary of State - Chapter 160, Statutes of 2020.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/af1eb9ca-d979-4414-bb45-dfd85fc05938`. Confidence: reported (aggregated from official California legislature records).