· CA legislature · 20252026

Deferred deposit transactions: assessments.

The California Deferred Deposit Transaction Law generally provides for the licensure and regulation by the Commissioner of Financial Protection and Innovation of a person who engages in the business of making deferred deposit transactions. The law requires each licensee to pay to the commissioner its pro rata share…

Sponsor

Phillip Chen (R-CA)

Introduced

2026-02-17

Policy area

Finance and Financial Sector

Latest action

In Senate. Read first time. To Com. on RLS. for assignment.