California bills · 2025-2026 Regular Session
California AB 2350
Consumer loans: residential real property rental payments.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- McKinnor (Democratic)
Summary
Official abstract published by the California legislature· summary
The California Financing Law (CFL) generally regulates consumer loan lending practices by finance lenders, brokers, and program administrators. The CFL makes a willful violation of its provisions a crime.
This bill would prescribe requirements on loans provided to consumers for the purpose of advancing residential real property rent payments for certain finance lenders and servicers, including prohibiting more than 2 installment payments for the loans, specifying the amount that may be charged for late fees, prescribing disclosure requirements, and prohibiting advertising 0% APR for the loan unless specified conditions are met. By expanding the scope of a crime under the CFL, this bill would impose a state-mandated local program.
The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.
This bill would provide that no reimbursement is required by this act for a specified reason.
Text versions
- 04/28/26 - Amended Assembly· Apr 28, 2026
- 03/26/26 - Amended Assembly· Mar 26, 2026
- 03/16/26 - Amended Assembly· Mar 16, 2026
- 02/19/26 - Introduced· Feb 19, 2026
- AB2350
Roll-call votes
State vote data last updated Oct 15, 2026, 4:19 PM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| May 21, 2026 House | AB 2350 McKinnor Assembly Third Reading | pass | Set your home in California to see |
| May 6, 2026 House | Do pass. | pass | Set your home in California to see |
| Apr 23, 2026 House | Do pass as amended and be re-referred to the Committee on [Appropriations] | pass | Set your home in California to see |
Actions
- Jun 11, 2026 · Senate
In committee: Hearing postponed by committee. - Jun 3, 2026 · Senate
Referred to Coms. on B. & F.I. and JUD. - May 21, 2026 · Senate
In Senate. Read first time. To Com. on RLS. for assignment. - May 21, 2026 · House
Read third time. Passed. Ordered to the Senate. (Ayes 52. Noes 14. Page 5180.) - May 7, 2026 · House
Read second time. Ordered to third reading. - May 6, 2026 · House
From committee: Do pass. (Ayes 10. Noes 3.) (May 6). - Apr 29, 2026 · House
Re-referred to Com. on APPR. - Apr 28, 2026 · House
Read second time and amended. - Apr 27, 2026 · House
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (April 23). - Apr 6, 2026 · House
In committee: Hearing postponed by committee. - Apr 6, 2026 · House
Re-referred to Com. on B. & F. - Mar 26, 2026 · House
From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. - Mar 17, 2026 · House
Re-referred to Com. on B. & F. - Mar 16, 2026 · House
From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. - Mar 16, 2026 · House
Referred to Coms. on B. & F. and JUD. - Feb 20, 2026 · House
From printer. May be heard in committee March 22. - Feb 19, 2026 · House
Read first time. To print.