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AB-1363 Consumer protection.(2023-2024)

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Date Published: 02/17/2023 09:00 PM
AB1363:v99#DOCUMENT


CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Assembly Bill
No. 1363


Introduced by Assembly Member Flora

February 17, 2023


An act relating to financial institutions.


LEGISLATIVE COUNSEL'S DIGEST


AB 1363, as introduced, Flora. Consumer protection.
Existing law establishes the Department of Financial Protection and Innovation within the Business, Consumer Services, and Housing Agency and places the department under the direction of the Commissioner of Financial Protection and Innovation. Under existing law, the department has charge of the execution of specified laws relating to various financial institutions and financial products and services.
This bill would declare the intent of the Legislature to enact legislation relating to consumer financial protections, including protecting consumers from misleading advertising and unfair fees and costs for professional services.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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


SECTION 1.

 It is the intent of the Legislature to enact legislation relating to consumer financial protections, including protecting consumers from misleading advertising and unfair fees and costs for professional services.