California 2019-2020 Regular Session

California Senate Bill SB954 Latest Draft

Bill / Introduced Version Filed 02/10/2020

                            CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION Senate Bill No. 954Introduced by Senator HertzbergFebruary 10, 2020 An act relating to financial institutions. LEGISLATIVE COUNSEL'S DIGESTSB 954, as introduced, Hertzberg. Access to financial services.Existing law, the Financial Institutions Law, regulates the activities of various financial entities, including commercial banks, industrial banks, trust companies, credit unions, and savings and loan associations.This bill would state the intent of the Legislature to enact legislation that would enable individuals who are unbanked or underbanked to gain better access to banking and related financial services.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. It is the intent of the Legislature to enact legislation that would enable individuals who are unbanked or underbanked to gain better access to banking and related financial services.

 CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION Senate Bill No. 954Introduced by Senator HertzbergFebruary 10, 2020 An act relating to financial institutions. LEGISLATIVE COUNSEL'S DIGESTSB 954, as introduced, Hertzberg. Access to financial services.Existing law, the Financial Institutions Law, regulates the activities of various financial entities, including commercial banks, industrial banks, trust companies, credit unions, and savings and loan associations.This bill would state the intent of the Legislature to enact legislation that would enable individuals who are unbanked or underbanked to gain better access to banking and related financial services.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO 





 CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION

 Senate Bill 

No. 954

Introduced by Senator HertzbergFebruary 10, 2020

Introduced by Senator Hertzberg
February 10, 2020

 An act relating to financial institutions. 

LEGISLATIVE COUNSEL'S DIGEST

## LEGISLATIVE COUNSEL'S DIGEST

SB 954, as introduced, Hertzberg. Access to financial services.

Existing law, the Financial Institutions Law, regulates the activities of various financial entities, including commercial banks, industrial banks, trust companies, credit unions, and savings and loan associations.This bill would state the intent of the Legislature to enact legislation that would enable individuals who are unbanked or underbanked to gain better access to banking and related financial services.

Existing law, the Financial Institutions Law, regulates the activities of various financial entities, including commercial banks, industrial banks, trust companies, credit unions, and savings and loan associations.

This bill would state the intent of the Legislature to enact legislation that would enable individuals who are unbanked or underbanked to gain better access to banking and related financial services.

## Digest Key

## 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 that would enable individuals who are unbanked or underbanked to gain better access to banking and related financial services.

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

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

SECTION 1. It is the intent of the Legislature to enact legislation that would enable individuals who are unbanked or underbanked to gain better access to banking and related financial services.

SECTION 1. It is the intent of the Legislature to enact legislation that would enable individuals who are unbanked or underbanked to gain better access to banking and related financial services.

SECTION 1. It is the intent of the Legislature to enact legislation that would enable individuals who are unbanked or underbanked to gain better access to banking and related financial services.

### SECTION 1.