The People's Ledger
← All California bills

AB2116Introduced in the Assembly

Commercial financing.

Passed

Introduced by Pilar Schiavo, District 40

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

An act to amend Sections 22001, 22002, 22007, 22010, 22101, 22101.5, 22102, 22103, 22104, 22105, 22106, 22107, 22109, 22112, 22151, 22153, 22156, 22157, 22157.1, 22159, 22161, 22162, 22164, 22168, 22169, 22700, 22701, 22712, and 22714 of, to amend, renumber, and add Section 22807 of, to add Sections 22021, 22022, 22100.6, and 22167.1 to, and to add Chapter 3.1 (commencing with Section 22655) to Division 9 of, the Financial Code, relating to financial institutions.

Where it stands

Chaptered by Secretary of State - Chapter 823, Statutes of 2026.

September 30, 2026

How did lawmakers vote?

Assembly votes

4 recorded votes · each counted separately

Senate votes

5 recorded votes · each counted separately

AssemblyStage: AB 2116 Schiavo Concurrence in Senate Amendments · August 20, 2026

76

Yes

0

No

3

Absent or Not Voting

79 assemblymembers recorded in this Assembly vote. Colors show vote categories only, not whether a vote was good or bad.

See how each assemblymember voted

AssemblymemberDistrictVote
Heather Hadwick1Yes
Chris Rogers2Yes
Cecilia Aguiar-Curry4Yes
Joe Patterson5Yes
Maggy Krell6Absent
Josh Hoover7Yes
David Tangipa8Yes
Heath Flora9Yes
Stephanie Nguyen10Yes
Lori Wilson11Yes

Bill history

  1. Read first time. To print.

  2. From printer. May be heard in committee March 21.

  3. Referred to Com. on B. & F.

  4. From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.

  5. Re-referred to Com. on B. & F.

  6. From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (April 23). Re-referred to Com. on APPR.

  7. In committee: Set, first hearing. Referred to APPR. suspense file.

  8. From committee: Do pass. (Ayes 15. Noes 0.) (May 14).

  9. Read second time. Ordered to third reading.

  10. Read third time. Passed. Ordered to the Senate. (Ayes 73. Noes 0. Page 5263.)

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

  12. Referred to Coms. on B. & F.I. and JUD.

  13. From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I.

  14. From committee: Amend, and do pass as amended and re-refer to Com. on JUD. (Ayes 6. Noes 0.) (June 17).

  15. Read second time and amended. Re-referred to Com. on JUD.

  16. From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 13. Noes 0.) (June 30).

  17. Read second time and amended. Re-referred to Com. on APPR.

  18. In committee: Referred to APPR. suspense file.

  19. From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (August 13).

  20. Read second time and amended. Ordered returned to second reading.

  21. Read second time. Ordered to third reading.

  22. Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0.).

  23. In Assembly. Concurrence in Senate amendments pending.

  24. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 0. Page 6323.).

  25. Enrolled and presented to the Governor at 4 p.m.

  26. Approved by the Governor.

  27. Chaptered by Secretary of State - Chapter 823, Statutes of 2026.

Verify the information

Our commitment to neutrality

We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.