SB-825 • 2026

Consumers: financial protection.

Labor

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Limón (S) , Grayson
Last action: 2025-10-06
Official status: Chaptered by Secretary of State. Chapter 355, Statutes of 2025.
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.

Consumers: financial protection.

SB 825, Limón.

What This Bill Does

SB 825, Limón.
Consumers: financial protection.
Existing law, the California Consumer Financial Protection Law (CCFPL), requires the Department of Financial Protection and Innovation, headed by the Commissioner of Financial Protection and Innovation, to regulate consumer financial products or services under California consumer financial laws.
The CCFPL makes it unlawful for a covered person or service provider, as defined, to engage in certain deceptive or abusive acts or practices with respect to consumer financial products or services.

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

2025-10-06 California Legislative Information
Chaptered by Secretary of State. Chapter 355, Statutes of 2025.
2025-10-06 California Legislative Information
Approved by the Governor.
2025-09-22 California Legislative Information
Enrolled and presented to the Governor at 11 a.m.
2025-09-10 California Legislative Information
In Senate. Ordered to engrossing and enrolling.
2025-09-10 California Legislative Information
Read third time. Passed. (Ayes 59. Noes 19. Page 3171.) Ordered to the Senate.
2025-08-21 California Legislative Information
Read second time. Ordered to third reading.
2025-08-20 California Legislative Information
From committee: Do pass. (Ayes 11. Noes 4.) (August 20).
2025-07-08 California Legislative Information
From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 1.) (July 7). Re-referred to Com. on APPR.
2025-06-17 California Legislative Information
June 23 hearing postponed by committee.
2025-06-09 California Legislative Information
Referred to Com. on B. & F.
2025-06-04 California Legislative Information
In Assembly. Read first time. Held at Desk.
2025-06-03 California Legislative Information
Read third time. Passed. (Ayes 28. Noes 10. Page 1440.) Ordered to the Assembly.
2025-05-06 California Legislative Information
Read second time. Ordered to third reading.
2025-05-05 California Legislative Information
From committee: Be ordered to second reading pursuant to Senate Rule 28.8.
2025-04-25 California Legislative Information
Set for hearing May 5.
2025-04-23 California Legislative Information
From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 2. Page 838.) (April 22). Re-referred to Com. on APPR.
2025-04-10 California Legislative Information
Set for hearing April 22.
2025-04-03 California Legislative Information
From committee: Do pass and re-refer to Com. on JUD. (Ayes 5. Noes 2. Page 633.) (April 2). Re-referred to Com. on JUD.
2025-03-24 California Legislative Information
From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.
2025-03-18 California Legislative Information
Set for hearing April 2.
2025-03-12 California Legislative Information
Referred to Coms. on B. & F.I. and JUD.
2025-02-24 California Legislative Information
Read first time.
2025-02-24 California Legislative Information
From printer. May be acted upon on or after March 24.
2025-02-21 California Legislative Information
Introduced. To Com. on RLS. for assignment. To print.

Official Summary Text

SB 825, Limón.
Consumers: financial protection.
Existing law, the California Consumer Financial Protection Law (CCFPL), requires the Department of Financial Protection and Innovation, headed by the Commissioner of Financial Protection and Innovation, to regulate consumer financial products or services under California consumer financial laws. The CCFPL makes it unlawful for a covered person or service provider, as defined, to engage in certain deceptive or abusive acts or practices with respect to consumer financial products or services. The CCFPL exempts from its provisions a person or employee of that person to the extent that person or employee is acting under the authority of certain licenses, certificates, or charters issued by the department, including licensed escrow agents and finance lenders.
This bill would provide that nothing in the above-described exemption shall be deemed to prevent the commissioner from using the authority provided by the CCFPL to enforce the above-described provision on deceptive or abusive acts or practices.

Current Bill Text

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