CA Legislature in Session: New Banking Chair Announced

Monique Limon, newly appointed chair of the California Assembly Banking and Finance Committee

On Jan. 3, the California State Legislature reconvened for the 2018 session. Assembly Speaker Anthony Rendon officially appointed Assemblywoman Monique Limon (D-Santa Barbara) as chair of the Assembly Banking and Finance Committee.

Limon was appointed as acting chair of the committee in December and presided over her first banking and finance committee hearing yesterday.

Limon was elected to the California Assembly in November 2016 and represents the 37th Assembly District that includes over half of Santa Barbara County, as well as nearly a quarter of Ventura County. A UC Berkeley graduate with a master’s degree from Columbia University, Limon served two terms on the Santa Barbara Unified School Board and as assistant director for the McNair Scholars Program at UC Santa Barbara prior to serving in the assembly. Limon has a passion for bringing community groups together and building strong coalitions among local nonprofit organizations and civic groups.

Rendon also appointed Assemblymembers Ian Calderon (D-Whittier) and Lorena Gonzalez Fletcher (D-San Diego) to the committee. Additionally, those continuing on the committee include Vice Chair Phillip Chen (R-Diamond Bar); Autumn Burke (D-Inglewood); Sabrina Cervantes (D-Corona); Tim Grayson (D-Concord); Melissa Melendez (R-Lake Elsinore); Mark Steinorth (R-Rancho Cucamonga); Mark Stone (D-Santa Cruz); and Shirley Weber (D-San Diego).

The 2018 session is already off to a running start with legislators introducing bills that will affect credit unions if approved. The California Credit Union League is actively engaged on a host of issues and working to move forward legislation to improve the environment for credit unions across the state.

You can keep an eye on the League's Advocacy Blog for bill updates! California legislators have also announced a host of issues they will be focusing on in 2018, including housing, offsetting changes in the new federal tax law, cash bail system, marijuana, net neutrality and others.

Also: Don’t forget to mark your calendars for this year’s California Government Relations Rally (GRR) on April 9 – 10. Registration will be posted on the League’s website and sent to member credit unions.

Pin It