SB 360: Consumer Credit Reporting Agencies Act: escrow agent rating services and escrow agents.
- Session Year: 2021-2022
- House: Senate
- Latest Version Date: 2021-07-16
The Consumer Credit Reporting Agencies Act imposes obligations on consumer credit reporting agencies, users of consumer credit reports, and furnishers of credit information, and establishes remedies for a consumer who suffers damages resulting from a violation of those provisions.
Existing law makes specified provisions of the act applicable to an escrow rating service, as defined, requires an escrow agent rating service to establish policies and procedures to safeguard personally identifiable information obtained from an escrow agent, and provides that an escrow agent is a consumer for purposes of those provisions. Existing law repeals those provisions of the act applicable to escrow agent rating services and escrow agents on January 1, 2022.
This bill would extend the operation of those provisions to January 1, 2027.
The Consumer Credit Reporting Agencies Act imposes obligations on consumer credit reporting agencies, users of consumer credit reports, and furnishers of credit information, and establishes remedies for a consumer who suffers damages resulting from a violation of those provisions.
Existing law makes specified provisions of the act applicable to an escrow rating service, as defined, requires an escrow agent rating service to establish policies and procedures to safeguard personally identifiable information obtained from an escrow agent, and provides that an escrow agent is a consumer for purposes of those provisions. Existing law repeals those provisions of the act applicable to escrow agent rating services and escrow agents on January 1, 2022.
This bill would extend the operation of those provisions to January 1, 2027.
The Consumer Credit Reporting Agencies Act imposes obligations on consumer credit reporting agencies, users of consumer credit reports, and furnishers of credit information, and establishes remedies for a consumer who suffers damages resulting from a violation of those provisions.
Existing law makes specified provisions of the act applicable to an escrow rating service, as defined, requires an escrow agent rating service to establish policies and procedures to safeguard personally identifiable information obtained from an escrow agent, and provides that an escrow agent is a consumer for purposes of those provisions. Existing law repeals those provisions of the act applicable to escrow agent rating services and escrow agents on January 1, 2022.
This bill would extend the operation of those provisions to January 1, 2027.
This chapter shall remain in effect only until January 1, 2027, and as of that date is repealed.
This chapter shall remain in effect only until January 1, 2027, and as of that date is repealed.
This chapter shall remain in effect only until January 1, 2022, 2027, and as of that date is repealed.
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Date
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Status
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|---|---|
| Jul 16, 2021 | Chaptered by Secretary of State. Chapter 105, Statutes of 2021. |
| Jul 16, 2021 | Approved by the Governor. |
| Jul 9, 2021 | Enrolled and presented to the Governor at 2:30 p.m. |
| Jul 5, 2021 | In Senate. Ordered to engrossing and enrolling. |
| Jul 5, 2021 | Read third time. Passed. (Ayes 76. Noes 0. Page 2228.) Ordered to the Senate. |
| Jun 30, 2021 | Read second time. Ordered to consent calendar. |
| Jun 29, 2021 | From committee: Do pass. Ordered to consent calendar. (Ayes 12. Noes 0.) (June 29). |
| Jun 28, 2021 | Joint Rule 62(a) suspended. (Ayes 56. Noes 19. Page 2124.) |
| Jun 25, 2021 | June 28 hearing postponed by committee. |
| Jun 10, 2021 | Referred to Com. on B. & F. |
| Jun 2, 2021 | In Assembly. Read first time. Held at Desk. |
| Jun 1, 2021 | Read third time. Passed. (Ayes 39. Noes 0. Page 1344.) Ordered to the Assembly. |
| May 24, 2021 | Ordered to special consent calendar. |
| May 20, 2021 | From committee: Do pass. (Ayes 7. Noes 0. Page 1189.) (May 20). |
| May 14, 2021 | Set for hearing May 20. |
| Apr 5, 2021 | April 5 hearing: Placed on APPR suspense file. |
| Mar 25, 2021 | Set for hearing April 5. |
| Mar 24, 2021 | From committee: Do pass and re-refer to Com. on APPR with recommendation: To consent calendar. (Ayes 11. Noes 0. Page 591.) (March 23). Re-referred to Com. on APPR. |
| Mar 11, 2021 | Set for hearing March 23. |
| Mar 10, 2021 | From committee: Do pass and re-refer to Com. on JUD. (Ayes 9. Noes 0. Page 456.) (March 10). Re-referred to Com. on JUD. |
| Mar 3, 2021 | Set for hearing March 10. |
| Feb 22, 2021 | Art. IV. Sec. 8(a) of the Constitution dispensed with. |
| Feb 17, 2021 | Referred to Coms. on B. & F.I., JUD., and APPR. |
| Feb 11, 2021 | From printer. May be acted upon on or after March 13. |
| Feb 10, 2021 | Introduced. Read first time. To Com. on RLS. for assignment. To print. |
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Date
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Description
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Location
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Votes
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| Jul 5, 2021 | SB 360 Wilk Consent Calendar Second Day | Assembly Floor |
Passed |
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| Jun 1, 2021 | Special Consent SB360 | Senate Floor |
Passed |
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Positions by individuals are not included.
Bill Author
Bill Co-Author(s):