Assembly BillPassed first houseFinancial
AB 2350: Consumer loans: residential real property rental payments.
What AB 2350 does, verified June 19, 2026
the bill aims to regulate consumer loans by prohibiting finance lenders, brokers, and program administrators from making loans for rent-related obligations, such as rent split loan agreements. this expansion of the california financing law would make a willful violation of its provisions a crime, and would impose a state-mandated local program. the bill also clarifies that no reimbursement is required by the state for certain costs associated with implementing the new regulations.
Bill journey
✓IntroducedComplete
✓In CommitteeComplete
✓First Chamber FloorComplete
4Second ChamberCurrent
5GovernorPending
6ChapteredPending
Last action: In committee: Hearing postponed by committee. (2026-06-11)Alert me
Author and sponsors
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| Jun. 11, 2026 | In committee: Hearing postponed by committee. |
| Jun. 03, 2026 | Referred to Coms. on B. & F.I. and JUD. |
| May. 21, 2026 | In Senate. Read first time. To Com. on RLS. for assignment. |
| May. 21, 2026 | Read third time. Passed. Ordered to the Senate. (Ayes 52. Noes 14. Page 5180.) |
| May. 07, 2026 | Read second time. Ordered to third reading. |