California bills · 2025-2026 Regular Session
California SB 706
Consumer debt: charged-off debts.
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Hurtado (Democratic)
Summary
Official abstract published by the California legislature· summary
Existing law places various requirements on, and prohibits certain actions by, debt buyers with respect to charged-off consumer debts.
This bill would prohibit a charged-off consumer debt from being sold or assigned more than one year after the debt was charged off. The bill would require a charge-off creditor to notify the consumer when the creditor sells or assigned a charged-off consumer debt to a debt buyer.
Existing law prescribes various time periods for the commencement of actions other than for the recovery of real property, including within 4 years for an action upon any contract, obligation, or liability founded upon an instrument in writing, as specified.
This bill would prohibit an action from being brought to recover a charged-off consumer debt on or after the date that is the earliest of specified dates. The bill would prohibit a debt buyer from bringing an action to recover a charged-off consumer debt after one year from the date the debt was charged off.
Text versions
- 03/24/25 - Amended Senate· Mar 24, 2025
- 02/21/25 - Introduced· Feb 21, 2025
- SB706
Roll-call votes
State vote data last updated Oct 15, 2026, 8:04 PM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Apr 22, 2025 Senate | [First] hearing set for [04-22-2025]: Failed passage in Committee. Reconsideration granted | pass | Set your home in California to see |
| Apr 22, 2025 Senate | Do pass, but first be re-referred to the Committee on [Banking and Financial Institutions] | fail | Set your home in California to see |
Actions
- Feb 2, 2026 · Senate
Returned to Secretary of Senate pursuant to Joint Rule 56. - Apr 23, 2025 · Senate
April 30 hearing postponed by committee. - Apr 22, 2025 · Senate
April 22 set for first hearing. Failed passage in committee. (Ayes 1. Noes 2. Page 837.) Reconsideration granted. - Apr 22, 2025 · Senate
Set for hearing April 30 in B. & F.I. pending receipt. - Apr 9, 2025 · Senate
Set for hearing April 22. - Apr 2, 2025 · Senate
Re-referred to Coms. on JUD. and B. & F.I. - Mar 24, 2025 · Senate
From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS. - Mar 12, 2025 · Senate
Referred to Com. on RLS. - Feb 24, 2025 · Senate
Read first time. - Feb 24, 2025 · Senate
From printer. May be acted upon on or after March 24. - Feb 21, 2025 · Senate
Introduced. To Com. on RLS. for assignment. To print.