California 2023-2024 Regular Session

California Assembly Bill AB1854

Introduced
1/17/24  
Refer
1/29/24  
Refer
1/29/24  
Report Pass
4/10/24  
Report Pass
4/10/24  
Engrossed
4/18/24  
Engrossed
4/18/24  
Refer
4/18/24  
Refer
4/18/24  
Refer
5/1/24  
Refer
5/1/24  
Report Pass
6/11/24  
Report Pass
6/11/24  
Refer
6/11/24  
Refer
6/11/24  
Report Pass
6/25/24  
Report Pass
6/25/24  
Enrolled
7/3/24  
Enrolled
7/3/24  
Chaptered
7/18/24  
Chaptered
7/18/24  
Passed
7/18/24  

Caption

Service member protections.

Impact

The enactment of AB 1854 solidifies and clarifies the legal protections granted to service members concerning various debts. Specifically, it allows deferrals for obligations including mortgages, vehicle loans, credit cards, utility bills, and student loans. This change is particularly significant for protecting service members from potential financial distress that may occur due to their absence from normal employment duties, also reinforcing the state’s commitment to supporting those who serve in the military.

Summary

Assembly Bill No. 1854, aimed to enhance protections for service members of the United States Army Reserve and National Guard called to active duty. It specifically amends Section 800 of the Military and Veterans Code, granting these individuals the right to defer payments on certain financial obligations while they are serving. Under this bill, service members are required to submit a deferment request within 90 days after their active duty period, providing some added flexibility in managing their finances during and post-service.

Sentiment

The general sentiment surrounding AB 1854 appears overwhelmingly positive among legislators and advocacy groups focused on military affairs. The bill strengthens provisions that are already considered beneficial to service members, aligning with broader efforts to ensure that military personnel are not disadvantaged financially due to their service commitments. This sentiment is reflective of a growing recognition of the sacrifices made by service members and their families.

Contention

While there was broad support for AB 1854, some concerns were raised regarding the practicality of enforcing the deferment process. Critics pointed out that financial institutions may be slow to implement the changes or could impose additional hurdles that could undermine the intent of the legislation. However, these concerns did not significantly dampen support for the bill, which is seen as a necessary update to existing military protections.

Companion Bills

No companion bills found.

Similar Bills

CA AB2521

Reservists: active duty: deferment of financial obligations.

CA AB1365

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CA AB3212

Service member protections.

CA SB1311

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UT HB0176

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LA SB337

Provides for a premium discount for certain military personnel. (8/1/24)

LA HB186

Authorizes a tax credit for certain employers of La. National Guard members and military reservists (EG -$5,000,000 GF RV See Note)