Bill Text: CA AB1103 | 2023-2024 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Deferred interest financing: notice.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2024-02-01 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB1103 Detail]

Download: California-2023-AB1103-Introduced.html

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CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Assembly Bill

No. 1103

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Introduced by Assembly Member Weber

February 15, 2023

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An act relating to financial services.

LEGISLATIVE COUNSEL'S DIGEST

AB 1103, as introduced, Weber. Deferred interest financing.

Existing law provides for the regulation of various types of financial institutions and transactions.

This bill would state the intent of the Legislature to enact legislation related to deferred interest financing plans on the purchase of goods.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 It is the intent of the Legislature to enact legislation related to deferred interest financing plans on the purchase of goods.