Collection Licensing Act: exceptions: billing agents.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill requires anyone who collects debts in California to obtain a license, but it carves out an exception for billing agents who simply calculate and deliver consolidated rent or utility statements and do not enforce the underlying debts. It also eliminates Division 22 of the Financial Code, which created the California Financial Literacy Fund. The change aims to focus licensing on true debt‑collection activities while removing a fund that was previously used for financial‑literacy programs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

Read third time. Passed. (Ayes 39. Noes 0. Page 3286.) Ordered to the Assembly. · Jan 26, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · Aug 5, 2026
• Banking and Finance Committee Hearing
  Banking and Finance · Jun 22, 2026
• Banking and Financial Institutions Committee Hearing
  Banking and Financial Institutions · Jan 7, 2026

History

1. May 4, 2026Referred to Com. on B. & F.
2. Jan 26, 2026Read third time. Passed. (Ayes 39. Noes 0. Page 3286.) Ordered to the Assembly.
3. Jan 26, 2026In Assembly. Read first time. Held at Desk.
4. Jan 21, 2026Read second time. Ordered to consent calendar.
5. Jan 20, 2026From committee: Be ordered to second reading pursuant to Senate Rule 28.8 and ordered to consent calendar.
6. Jan 9, 2026Set for hearing January 20.
7. Jan 7, 2026From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 5. Noes 0. Page 3187.) (January 7). Re-referred to Com. on APPR.
8. Jan 5, 2026Withdrawn from committee.
9. Jan 5, 2026Re-referred to Com. on RLS.
10. Jan 5, 2026Re-referred to Com. on B. & F.I.
11. Jan 5, 2026From committee with author's amendments. Read second time and amended. Re-referred to Com. on HOUSING.
12. Dec 18, 2025Set for hearing January 7 in B. & F.I. pending receipt.

The 12 most recent of 15 recorded actions.

Sponsors

• Tim Grayson (D) · sponsor
• Grayson

Bill text

Opens the legislature’s own copy.

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