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S04604Introduced in the Senate

Relates to the application of certain provisions relating to commercial financing; provides that liability shall not be imposed on a provider if the actual annual percentage rate charged by the provider differs from the estimated annual percentage rate disclosed by the provider acting in good faith.

IntroducedSenate Rules

Introduced by James Sanders, District 10

What does this bill do?

Plain-English breakdown

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Official description

Relates to the application of certain provisions relating to commercial financing; provides that liability shall not be imposed on a provider if the actual annual percentage rate charged by the provider differs from the estimated annual percentage rate disclosed by the provider acting in good faith.

Where it stands

COMMITTED TO RULES

June 5, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. REFERRED TO BANKS

  2. REFERRED TO BANKS

  3. 1ST REPORT CAL.855

  4. 2ND REPORT CAL.

  5. ADVANCED TO THIRD READING

  6. COMMITTED TO RULES

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