SB-546 • 2026

Collection Licensing Act: exceptions: billing agents.

Budget

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Grayson
Last action: 2026-06-11
Official status: From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Collection Licensing Act: exceptions: billing agents.

SB 546, as amended, Grayson.

What This Bill Does

SB 546, as amended, Grayson.
California Financial Literacy Fund.
Collection Licensing Act: exceptions: billing agents.
The Debt Collection Licensing Act generally regulates the business of debt collection and prohibits a person from engaging in the business of debt collection in this state without first obtaining a license pursuant to the act.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-06-11 California Legislative Information
From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.
2026-05-04 California Legislative Information
Referred to Com. on B. & F.
2026-01-26 California Legislative Information
In Assembly. Read first time. Held at Desk.
2026-01-26 California Legislative Information
Read third time. Passed. (Ayes 39. Noes 0. Page 3286.) Ordered to the Assembly.
2026-01-21 California Legislative Information
Read second time. Ordered to consent calendar.
2026-01-20 California Legislative Information
From committee: Be ordered to second reading pursuant to Senate Rule 28.8 and ordered to consent calendar.
2026-01-09 California Legislative Information
Set for hearing January 20.
2026-01-07 California Legislative Information
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 5. Noes 0. Page 3187.) (January 7). Re-referred to Com. on APPR.
2026-01-05 California Legislative Information
Re-referred to Com. on B. & F.I.
2026-01-05 California Legislative Information
Re-referred to Com. on RLS.
2026-01-05 California Legislative Information
Withdrawn from committee.
2026-01-05 California Legislative Information
From committee with author's amendments. Read second time and amended. Re-referred to Com. on HOUSING.
2025-12-18 California Legislative Information
Set for hearing January 7 in B. & F.I. pending receipt.
2025-03-05 California Legislative Information
Referred to Coms. on HOUSING and JUD.
2025-02-21 California Legislative Information
From printer. May be acted upon on or after March 23.
2025-02-20 California Legislative Information
Introduced. Read first time. To Com. on RLS. for assignment. To print.

Official Summary Text

SB 546, as amended, Grayson.
California Financial Literacy Fund.
Collection Licensing Act: exceptions: billing agents.
The Debt Collection Licensing Act generally regulates the business of debt collection and prohibits a person from engaging in the business of debt collection in this state without first obtaining a license pursuant to the act. The act provides that it does not apply to certain institutions and persons.
This bill would provide that the act does not apply to billing agents, except as specified.
Existing law establishes the California Financial Literacy Fund in the State Treasury for the purpose of enabling partnerships with the financial services community and governmental and nongovernmental stakeholders to improve financial literacy within the state. Existing law requires the fund to be administered by the Controller, who is authorized, among other things, to deposit private donations into the fund, as specified. Existing law requires those moneys to be made available upon appropriation in the annual Budget Act, and requires the Controller to report annually to the Legislature on the use of those moneys appropriated from the fund, as specified.
This bill would repeal those provisions.

Current Bill Text

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