City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
190362
Name:
Supporting California State Assembly Bill No. 539
(Limón) - Fair Access to Credit Act
Status:
Type:
Resolution
Passed
File created:
In control:
4/2/2019
Clerk of the Board
On agenda:
Final action:
4/19/2019
Enactment date:
4/19/2019
173-19
Enactment #:
Title:
Resolution supporting California State Assembly Bill No. 539, authored by Assembly Member
Monique Limón and coauthored by Assembly Members Timothy Grayson, Cecelia Aguiar-Curry, Ash
Kalra, James Ramos, Eloise Gómez Reyes, Mark Stone, and State Senators Maria Elena Durazo,
Holly Mitchell, and Bob Wieckowski, to cap interest rates on consumer loans at 36% per annum plus
the Federal Funds Rate for loans with a principal amount greater than $2,500 and lesser than
$10,000.
Sponsors:
Vallie Brown
Attachments:
1. Leg Ver1, 2. AB No. 539 021319, 3. TTX Ltr 031419, 4. Board Pkt 040919, 5. Leg Final, 6. COB
Ltrs 042419
Action By
Date
Action
Result
Ver.
REFERRED FOR ADOPTION WITHOUT
COMMITTEE REFERENCE AGENDA AT
THE NEXT BOARD MEETING
President
4/2/2019
1
ADOPTED
Board of Supervisors
4/9/2019
1
Pass
RETURNED UNSIGNED
Mayor
4/19/2019
1
TRANSMITTED
Clerk of the Board
4/24/2019
1