Fabio
102 lines
8.2 KiB
Markdown
102 lines
8.2 KiB
Markdown
---
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type: "Bill"
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title: "Mortgages: foreclosure."
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description: "Existing law imposes various requirements to be satisfied before exercising a power of sale under a mortgage or deed of trust, including recording a notice of default, providing a mortgagor or trustor a copy of the recorded notice of default, providing notice of the time and place scheduled for the public auction sale of the real property and other notices related to the sale, determining the fees and expenses that may be paid from the sale, determining who may conduct the sale and act in the sale as an auctioneer for the trustee, determining the time and place where the auction sale may occur, and specifying how bids may be made and accepted at the auction sale."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20232024"
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identifier: "AB 2424"
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citation: "California AB 2424 (20232024)"
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classification: ["bill"]
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subjects: ["Mortgages", "foreclosure"]
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status: "enacted"
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primary_sponsors: ["Schiavo"]
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version_count: 9
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action_count: 30
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vote_count: 8
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first_action: "2024-02-13"
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last_action: "2024-09-20"
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source: "openstates"
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source_identifier: "ocd-bill/0110277b-eddd-4712-bc31-d7764c9c5801"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240AB2424"
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source_hash: "88f45559ecb87f79ba7940576de047e177490e973ce0f0133fcb0a9b807325ab"
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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 (20232024) — Mortgages: foreclosure.
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Existing law imposes various requirements to be satisfied before exercising a power of sale under a mortgage or deed of trust, including recording a notice of default, providing a mortgagor or trustor a copy of the recorded notice of default, providing notice of the time and place scheduled for the public auction sale of the real property and other notices related to the sale, determining the fees and expenses that may be paid from the sale, determining who may conduct the sale and act in the sale as an auctioneer for the trustee, determining the time and place where the auction sale may occur, and specifying how bids may be made and accepted at the auction sale.
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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. **02/13/24 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB2424&version=20230AB242499INT)
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2. **03/21/24 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB2424&version=20230AB242498AMD)
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3. **04/17/24 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB2424&version=20230AB242497AMD)
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4. **06/10/24 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB2424&version=20230AB242496AMD)
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5. **06/24/24 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB2424&version=20230AB242495AMD)
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6. **08/12/24 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB2424&version=20230AB242494AMD)
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7. **09/20/24 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB2424&version=20230AB242492CHP)
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8. **AB2424** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240AB2424)
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9. **08/29/24 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB2424&version=20230AB242493ENR)
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## Votes
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- Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — **11–0** (pass) · lower
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- AB 2424 Schiavo Consent Calendar Second Day — **71–0** (pass) · lower
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- AB 2424 Schiavo Concurrence in Senate Amendments — **77–0** (pass) · lower
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- Do pass. To Consent Calendar. — **15–0** (pass) · lower
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- Do pass as amended, but first amend, and re-refer to the Committee on [Judiciary] — **6–0** (pass) · upper
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- 3rd Reading AB2424 Schiavo By Atkins — **40–0** (pass) · upper
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- Do pass as amended and be re-referred to the Committee on [Judiciary] — **9–0** (pass) · lower
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- Do pass and be ordered to the Consent Calendar — **11–0** (pass) · upper
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## Sponsors
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- Schiavo — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-02-13** Read first time. To print. `reading-1`
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- **2024-02-14** From printer. May be heard in committee March 15.
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- **2024-03-21** Referred to Coms. on B. & F. and JUD. `referral-committee`
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- **2024-03-21** From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. `amendment-introduction, amendment-passage, reading-1, reading-2`
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- **2024-04-01** Re-referred to Com. on B. & F. `referral-committee`
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- **2024-04-16** From committee: Amend, and do pass as amended and re-refer to Com. on JUD. (Ayes 9. Noes 0.) (April 15). `amendment-introduction, amendment-passage, committee-passage, referral-committee`
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- **2024-04-17** Read second time and amended. `amendment-passage, reading-1, reading-2`
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- **2024-04-18** Re-referred to Com. on JUD. `referral-committee`
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- **2024-04-23** From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 11. Noes 0.) (April 23). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
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- **2024-05-08** From committee: Do pass. To Consent Calendar. (Ayes 15. Noes 0.) (May 8). `committee-passage, committee-passage-favorable`
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- **2024-05-09** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
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- **2024-05-16** Read third time. Passed. Ordered to the Senate. (Ayes 71. Noes 0.) `passage, reading-1, reading-3`
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- **2024-05-16** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
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- **2024-05-29** Referred to Coms. on B. & F.I. and JUD. `referral-committee`
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- **2024-06-10** 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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- **2024-06-20** From committee: Amend, and do pass as amended and re-refer to Com. on JUD. (Ayes 6. Noes 0.) (June 19). `amendment-introduction, amendment-passage, committee-passage, referral-committee`
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- **2024-06-24** Read second time and amended. Re-referred to Com. on JUD. `amendment-passage, reading-1, reading-2, referral-committee`
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- **2024-07-03** From committee: Do pass. To Consent Calendar. (Ayes 11. Noes 0.) (July 2). `committee-passage, committee-passage-favorable`
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- **2024-08-05** Read second time. Ordered to Consent Calendar. `reading-1, reading-2`
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- **2024-08-05** From Consent Calendar.
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- **2024-08-05** Ordered to third reading.
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- **2024-08-12** Read third time and amended. Ordered to second reading. `amendment-passage, reading-1, reading-3`
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- **2024-08-13** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2024-08-26** Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0.). `passage, reading-1, reading-3`
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- **2024-08-26** In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 28 pursuant to Assembly Rule 77.
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- **2024-08-27** Assembly Rule 77 suspended.
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- **2024-08-27** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 77. Noes 0.). `amendment-passage, committee-passage-favorable`
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- **2024-09-05** Enrolled and presented to the Governor at 4 p.m.
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- **2024-09-20** Approved by the Governor. `executive-signature`
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- **2024-09-20** Chaptered by Secretary of State - Chapter 311, Statutes of 2024. `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/0110277b-eddd-4712-bc31-d7764c9c5801`. Confidence: reported (aggregated from official California legislature records).
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