Fabio
105 lines
7.6 KiB
Markdown
105 lines
7.6 KiB
Markdown
---
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type: "Bill"
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title: "Commercial financing: disclosures."
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description: "Existing law requires a provider of commercial financing to disclose certain information, as specified. Existing law provides that a provider of commercial financing licensed under the California Financing Law (CFL) is subject to examination and enforcement by the Commissioner of Financial Protection and Innovation under the CFL for any violation of those disclosure provisions, as specified. Certain violations of the CFL are a crime."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20252026"
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identifier: "SB 362"
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citation: "California SB 362 (20252026)"
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classification: ["bill"]
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subjects: ["Commercialfinancing", "disclosures"]
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status: "enacted"
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primary_sponsors: ["Grayson"]
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version_count: 8
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action_count: 32
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vote_count: 10
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first_action: "2025-02-13"
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last_action: "2025-10-06"
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source: "openstates"
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source_identifier: "ocd-bill/3430fd45-1f66-4112-9f4f-524b561886bf"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB362"
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source_hash: "5ff121aad62a549ed80f7406fd78789cdce08e5f4715072f7b95b6dbe1299e98"
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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 362 (20252026) — Commercial financing: disclosures.
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Existing law requires a provider of commercial financing to disclose certain information, as specified. Existing law provides that a provider of commercial financing licensed under the California Financing Law (CFL) is subject to examination and enforcement by the Commissioner of Financial Protection and Innovation under the CFL for any violation of those disclosure provisions, as specified. Certain violations of the CFL are a crime.
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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. **02/13/25 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB362&version=20250SB36299INT)
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2. **03/17/25 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB362&version=20250SB36298AMD)
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3. **05/23/25 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB362&version=20250SB36297AMD)
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4. **07/10/25 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB362&version=20250SB36296AMD)
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5. **08/28/25 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB362&version=20250SB36295AMD)
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6. **10/06/25 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB362&version=20250SB36293CHP)
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7. **SB362** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB362)
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8. **09/10/25 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB362&version=20250SB36294ENR)
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## Votes
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- 3rd Reading — **38–0** (pass) · upper
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- Do pass, but first be re-referred to the Committee on [Appropriations] — **13–0** (pass) · upper
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- Do pass and be re-referred to the Committee on [Appropriations] — **12–0** (pass) · lower
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- Placed on suspense file — **7–0** (pass) · upper
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- Do pass, but first be re-referred to the Committee on [Rules] — **7–0** (pass) · upper
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- Do pass and be re-referred to the Committee on [Judiciary] — **9–0** (pass) · lower
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- Unfinished Business SB362 Grayson Concurrence — **39–0** (pass) · upper
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- Do pass. — **15–0** (pass) · lower
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- SB 362 Grayson Senate Third Reading By Blanca Rubio — **79–0** (pass) · lower
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- Do pass as amended — **6–0** (pass) · upper
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## Sponsors
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- Grayson — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-02-13** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
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- **2025-02-14** From printer. May be acted upon on or after March 16.
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- **2025-02-26** Referred to Com. on B. & F.I. `referral-committee`
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- **2025-03-17** From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee`
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- **2025-03-18** Set for hearing April 2.
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- **2025-04-03** From committee: Do pass and re-refer to Com. on RLS. (Ayes 7. Noes 0. Page 632.) (April 2). Re-referred to Com. on RLS. `committee-passage, committee-passage-favorable, referral-committee`
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- **2025-04-09** Re-referred to Com. on JUD. `referral-committee`
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- **2025-04-10** Set for hearing April 22.
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- **2025-04-23** From committee: Do pass and re-refer to Com. on APPR. (Ayes 13. Noes 0. Page 834.) (April 22). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
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- **2025-04-25** Set for hearing May 5.
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- **2025-05-05** May 5 hearing: Placed on APPR. suspense file.
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- **2025-05-16** Set for hearing May 23.
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- **2025-05-23** From committee: Do pass as amended. (Ayes 6. Noes 0. Page 1198.) (May 23). `amendment-passage, committee-passage, committee-passage-favorable`
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- **2025-05-23** Read second time and amended. Ordered to second reading. `amendment-passage, reading-1, reading-2`
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- **2025-05-27** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2025-06-02** Read third time. Passed. (Ayes 38. Noes 0. Page 1400.) Ordered to the Assembly. `passage, reading-1, reading-3`
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- **2025-06-03** In Assembly. Read first time. Held at Desk. `reading-1`
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- **2025-06-09** Referred to Coms. on B. & F. and JUD. `referral-committee`
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- **2025-06-17** June 23 hearing postponed by committee.
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- **2025-07-08** From committee: Do pass and re-refer to Com. on JUD. (Ayes 9. Noes 0.) (July 7). Re-referred to Com. on JUD. `committee-passage, committee-passage-favorable, referral-committee`
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- **2025-07-10** From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee`
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- **2025-07-16** From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (July 15). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
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- **2025-08-20** From committee: Do pass. (Ayes 15. Noes 0.) (August 20). `committee-passage, committee-passage-favorable`
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- **2025-08-21** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2025-08-28** Read third time and amended. `amendment-passage, reading-1, reading-3`
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- **2025-08-28** Ordered to third reading.
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- **2025-09-03** Read third time. Passed. (Ayes 79. Noes 0. Page 2866.) Ordered to the Senate. `passage, reading-1, reading-3`
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- **2025-09-03** In Senate. Concurrence in Assembly amendments pending.
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- **2025-09-08** Assembly amendments concurred in. (Ayes 39. Noes 0. Page 2605.) Ordered to engrossing and enrolling. `amendment-passage, committee-passage-favorable`
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- **2025-09-16** Enrolled and presented to the Governor at 3 p.m.
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- **2025-10-06** Approved by the Governor. `executive-signature`
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- **2025-10-06** Chaptered by Secretary of State. Chapter 352, Statutes of 2025. `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/3430fd45-1f66-4112-9f4f-524b561886bf`. Confidence: reported (aggregated from official California legislature records).
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