5a13be122b
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
103 lines
8.2 KiB
Markdown
103 lines
8.2 KiB
Markdown
---
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type: "Bill"
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title: "Credit services organizations."
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description: "Existing law, the Credit Services Act of 1984, defines and regulates the activities of credit services organizations. Existing law generally defines a credit services organization as a person who, for payment, performs specified credit-related services, such as improving a buyer's credit record and obtaining loans, but excludes specified persons and institutions, including an attorney licensed to practice law in this state rendering services within the course and scope of the practice of law unless the attorney is an employee of, or otherwise directly affiliated with, a credit services organization. Existing law requires credit services organizations to obtain a surety bond, as specified, before conducting business and requires that they register with the Attorney General, subject to a fee of $100."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20212022"
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identifier: "AB 2424"
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citation: "California AB 2424 (20212022)"
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classification: ["bill"]
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subjects: ["Credit services organizations."]
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status: "enacted"
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primary_sponsors: ["Blanca Rubio"]
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version_count: 8
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action_count: 30
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vote_count: 9
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first_action: "2022-02-17"
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last_action: "2022-09-30"
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source: "openstates"
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source_identifier: "ocd-bill/f17773a9-417c-41ae-b3f6-e02349db64a9"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB2424"
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source_hash: "05e3431e02864728bf18f67e94a26ee9cdf057036c83cd28009d8ddc8fab6492"
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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 AB 2424 (20212022) — Credit services organizations.
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Existing law, the Credit Services Act of 1984, defines and regulates the activities of credit services organizations. Existing law generally defines a credit services organization as a person who, for payment, performs specified credit-related services, such as improving a buyer's credit record and obtaining loans, but excludes specified persons and institutions, including an attorney licensed to practice law in this state rendering services within the course and scope of the practice of law unless the attorney is an employee of, or otherwise directly affiliated with, a credit services organization. Existing law requires credit services organizations to obtain a surety bond, as specified, before conducting business and requires that they register with the Attorney General, subject to a fee of $100.
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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. **02/17/22 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2424&version=20210AB242499INT)
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2. **03/31/22 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2424&version=20210AB242498AMD)
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3. **04/25/22 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2424&version=20210AB242497AMD)
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4. **06/09/22 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2424&version=20210AB242496AMD)
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5. **06/30/22 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2424&version=20210AB242495AMD)
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6. **09/30/22 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2424&version=20210AB242493CHP)
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7. **AB2424** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220AB2424)
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8. **08/26/22 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202120220AB2424&version=20210AB242494ENR)
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## Votes
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- Do pass as amended and be re-referred to the Committee on [Appropriations] — **10–0** (pass) · lower
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- Do pass. — **14–0** (pass) · lower
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- Do pass — **6–0** (pass) · upper
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- Do pass as amended and be re-referred to the Committee on [Privacy and Consumer Protection] — **9–0** (pass) · lower
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- Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] — **9–1** (pass) · upper
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- 3rd Reading AB2424 Blanca Rubio et al. By Caballero — **40–0** (pass) · upper
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- Placed on suspense file — **7–0** (pass) · upper
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- AB 2424 Blanca Rubio Concurrence in Senate Amendments — **73–0** (pass) · lower
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- AB 2424 Blanca Rubio Assembly Third Reading — **71–0** (pass) · lower
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## Sponsors
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- Blanca Rubio — primary (person)
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- Chen — coauthor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2022-02-17** Read first time. To print. `reading-1`
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- **2022-02-18** From printer. May be heard in committee March 20.
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- **2022-03-03** Referred to Coms. on B. & F. and P. & C.P. `referral-committee`
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- **2022-03-30** From committee: Amend, and do pass as amended and re-refer to Com. on P. & C.P. (Ayes 9. Noes 0.) (March 28). `amendment-introduction, amendment-passage, committee-passage, referral-committee`
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- **2022-03-31** Read second time and amended. `amendment-passage, reading-1, reading-2`
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- **2022-04-04** Re-referred to Com. on P. & C.P. `referral-committee`
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- **2022-04-21** From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (April 19). `amendment-introduction, amendment-passage, committee-passage, referral-committee`
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- **2022-04-25** Read second time and amended. `amendment-passage, reading-1, reading-2`
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- **2022-04-26** Re-referred to Com. on APPR. `referral-committee`
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- **2022-05-11** In committee: Set, first hearing. Referred to suspense file. `referral-committee`
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- **2022-05-19** From committee: Do pass. (Ayes 14. Noes 0.) (May 19). `committee-passage, committee-passage-favorable`
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- **2022-05-19** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2022-05-25** Read third time. Passed. Ordered to the Senate. (Ayes 71. Noes 0. Page 4936.) `passage, reading-1, reading-3`
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- **2022-05-26** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
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- **2022-06-08** Referred to Coms. on B. & F.I. and JUD. `referral-committee`
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- **2022-06-09** 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. `amendment-introduction, amendment-passage, reading-1, reading-2, referral-committee`
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- **2022-06-13** Withdrawn from committee.
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- **2022-06-13** Re-referred to Com. on JUD. `referral-committee`
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- **2022-06-29** From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 1.) (June 28). `amendment-introduction, amendment-passage, committee-passage, referral-committee`
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- **2022-06-30** Read second time and amended. Re-referred to Com. on APPR. `amendment-passage, reading-1, reading-2, referral-committee`
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- **2022-08-02** In committee: Referred to suspense file. `referral-committee`
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- **2022-08-11** From committee: Do pass. (Ayes 6. Noes 0.) (August 11). `committee-passage, committee-passage-favorable`
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- **2022-08-11** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2022-08-23** Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 4997.). `passage, reading-1, reading-3`
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- **2022-08-23** In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 25 pursuant to Assembly Rule 77.
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- **2022-08-24** Assembly Rule 77(a) suspended.
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- **2022-08-24** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 73. Noes 0.). `amendment-passage, committee-passage-favorable`
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- **2022-08-31** Enrolled and presented to the Governor at 4 p.m.
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- **2022-09-30** Approved by the Governor. `executive-signature`
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- **2022-09-30** Chaptered by Secretary of State - Chapter 965, Statutes of 2022. `became-law`
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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/f17773a9-417c-41ae-b3f6-e02349db64a9`. Confidence: reported (aggregated from official California legislature records).
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