New State Laws That May Affect DFPI Licensees

Highlights of 2022 Chaptered Legislation, a compendium of new state laws that may affect or be of interest to DFPI licensees, is now available on the Department’s website. The collection includes a brief description and a link to the text of each bill.

Significant new laws this year include SB 1415 (Limón and Bradford) requiring banks and credit unions to report to the DFPI the revenue earned from overdraft fees and nonsufficient funds fees collected, and AB 2001 (Grayson) that allows some DFPI licensees to permit employees to telework under certain conditions.

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