Extends certain provisions relating to installment loans and obligations evidencing installment loans
This bill extends the expiration date for specific rules governing installment loans and related financial obligations from September 30, 2026, to September 30, 2029. The legislation directly impacts lenders, borrowers, and local governments by keeping existing regulations in place for an additional three years. Its primary mechanism is a simple amendment to current state law that updates the effective period without changing the underlying requirements for these loans. Once the new deadline passes, the extended provisions will automatically end unless further action is taken.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2026
Committee Review
May 2026
Assembly Passage
May 2026
Senate Passage
Jun 2026
Signed into Law
Aug 2026
Introduced Apr 16, 2026
Signed Aug 28, 2026
Floor votes · Senate Jun 4, 2026 · Assembly May 4, 2026
How they voted
60–0
Passed · 3 other
Total votes 63
Jun 4, 2026
D
Democratic41
92% Yea
R
Republican22
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
13
Key actions
3
Committee
3
Aug 28, 2026
Signed into law
SIGNED CHAP.273
lower
Jun 4, 2026
Upper · Passed
PASSED SENATE
upper
May 4, 2026
Committee
REFERRED TO LOCAL GOVERNMENT
upper
May 4, 2026
Lower · Passed
PASSED ASSEMBLY
lower
Apr 21, 2026
Committee
REPORTED REFERRED TO WAYS AND MEANS
lower
Apr 16, 2026
Committee
REFERRED TO LOCAL GOVERNMENTS
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Michaelle Solages
DDemocratic
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