CA League Saw 89 Percent Success Rate on 2020 State Bills

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In the California Credit Union League’s latest Advocacy Newsletter, you’ll find status updates on bills that the League engaged on this past legislative year. The deadline for California Gov. Gavin Newsom to sign or veto all bills passing through the California State Legislature was Sept. 30.

The League had successful outcomes on 16 out of the 18 bills, which reflects an 89 percent success rate!

Again, the League wants to thank its dedicated credit union advocates who stepped up during this tough year to help make these remarkable successes possible. This month’s Advocacy Newsletter highlights the following:

The League’s Major Legislative Victories

  • California Infrastructure and Economic Development Bank — DEFEATED
  • Tenancy: rental payment default; mortgage forbearance; state of emergency; COVID-19 — DEFEATED
  • Financial institutions: regulation; Department of Financial Protection and Innovation — AMENDED
  • COVID-19: homeowner, tenant, and consumer relief — DEFEATED

Additional Bills the League Engaged On

  • Student loan servicing
  • Temporary moratorium on foreclosures and unlawful detainer actions: COVID-19
  • Privacy: California Consumer Privacy Act of 2018
  • Cannabis: financial institutions
  • Property assessments: requirements and disclosures
  • Residential real property: sale of rental properties; right of first offer
  • Deceptive practices: debt settlement
  • Enforcement of money judgments: execution; homestead
  • Worker classification: employees and independent contractors; occupations; professional services
  • Tenancy: rental payment default; mortgage forbearance; state of emergency; COVID-19
  • Product liability: electronic retail marketplaces
  • Debt collectors: licensing and regulation; Debt Collection Licensing Act
  • Business: retail locations; cash payments
  • Residential property: foreclosure

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