Legislative Victories Highlighted in CA End-of-Session Summary

Newsletter and blog writing

The 2020 legislative session in California began as any other. The California Credit Union League’s state advocacy team had prepared to run a state charter update bill and take positions on new legislation. Then it all came to a screeching halt in early March due to the COVID-19 pandemic.

In addition to the intense fights following the COVID-19 crisis — including Assembly Bill 2501, AB 1436, and a restructure of the California Department of Business Oversight — the advocacy team stayed busy defeating or amending nearly 20 other bills harmful to credit unions.

In the latest Advocacy Newsletter published by the League, you can read about this year’s legislative victories on behalf of credit unions and their members, including major battles won and the additional bills the League engaged on. Many bills remain on California Gov. Gavin Newsom’s desk awaiting signature or veto (the governor has until Sept. 30), and the League will send a status update following that deadline.

The League and credit unions faced threats on many levels but came out on top! A huge “thank you” goes out to all the credit union employees and volunteers who engaged during these challenging times to make these remarkable successes possible!

Click here to read the latest Advocacy Newsletter, which includes bill summaries, statuses and linked language for the following list of victories and additional assembly and senate bills that the League engaged on:

Major Legislative Victories

  • AB 310 (Santiago) — California Infrastructure and Economic Development Bank
  • AB 1436 (Chiu) — Tenancy: rental payment default: mortgage forbearance: state of emergency: COVID-19
  • AB 1864 (Limon) — Financial institutions: regulation: Department of Financial Protection and Innovation
  • AB 2501 (Limon) — COVID-19: homeowner, tenant, and consumer relief

Additional Bills the League Engaged On

  • AB 376 (Stone) — Student loan servicing
  • AB 828 (Ting) — Temporary moratorium on foreclosures and unlawful detainer actions: COVID-19
  • AB 1281 (Chau) — Privacy: California Consumer Privacy Act of 2018
  • AB 1525 (Jones-Sawyer) — Cannabis: financial institutions
  • AB 1551 (Daly) — Property assessments: requirements and disclosures
  • AB 1703 (Bloom) — Residential real property: sale of rental properties: right of first offer
  • AB 2443 (Weber) — Deceptive practices: debt settlement
  • AB 2463 (Wicks) — Enforcement of money judgments: execution: homestead
  • AB 2257 (Gonzalez) — Worker classification: employees and independent contractors: occupations: professional services
  • AB 3088 (Chiu) — Tenancy: rental payment default: mortgage forbearance: state of emergency: COVID-19
  • AB 3262 (Stone) — Product liability: electronic retail marketplaces
  • SB 908 (Wieckowski) — Debt collectors: licensing and regulation: Debt Collection Licensing Act
  • SB 926 (Hill) — Business: retail locations: cash payments
  • SB 1079 (Skinner) — Residential property: foreclosure

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