CA AB 771
enactedFinancing statements: mortgages.
California · 2025-2026 Regular Session · lower
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Quick answers
Did CA AB 771 pass?
Yes. CA AB 771 has been enacted into law. Latest recorded action (2025-07-14): Chaptered by Secretary of State - Chapter 43, Statutes of 2025.
What is CA AB 771 about?
Existing law, the Uniform Commercial Code-Secured Transactions (UCC) , provides that a financing statement is sufficient only if it provides, among other things, the name of the debtor and that, if the debtor is an individual to whom the Department of Motor Vehicles has issued a driver's license that has not expired or an identification card that has not expired, a financing statement sufficiently provides the name of the debtor only if it provides the name of the individual indicated on that driver's license or identification card, as specified. Existing law makes a record of a mortgage effective, from the date of recording, as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut only if certain conditions are met, including that the record satisfies the conditions for a financing statement referenced above, as specified. This bill would, instead, provide that a record of a mortgage sufficiently names the debtor who is an individual if it provides the individual name of the debtor or the surname and first personal name of the debtor, even if the debtor is an individual to whom the Department of Motor Vehicles has issued an unexpired driver's license or identification card.
Who sponsors CA AB 771?
Macedo is the primary sponsor of CA AB 771.
Description
Existing law, the Uniform Commercial Code-Secured Transactions (UCC) , provides that a financing statement is sufficient only if it provides, among other things, the name of the debtor and that, if the debtor is an individual to whom the Department of Motor Vehicles has issued a driver's license that has not expired or an identification card that has not expired, a financing statement sufficiently provides the name of the debtor only if it provides the name of the individual indicated on that driver's license or identification card, as specified. Existing law makes a record of a mortgage effective, from the date of recording, as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut only if certain conditions are met, including that the record satisfies the conditions for a financing statement referenced above, as specified. This bill would, instead, provide that a record of a mortgage sufficiently names the debtor who is an individual if it provides the individual name of the debtor or the surname and first personal name of the debtor, even if the debtor is an individual to whom the Department of Motor Vehicles has issued an unexpired driver's license or identification card.
- Introduced
- —
- Latest action
- 2025-07-14 — Chaptered by Secretary of State - Chapter 43, Statutes of 2025.
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Macedoauthor
Committees
Not provided by source.
Action timeline
Newest first
2025-07-14
Chaptered by Secretary of State - Chapter 43, Statutes of 2025.
became-law
2025-07-14
Approved by the Governor.
executive-signature
2025-07-02
Enrolled and presented to the Governor at 2 p.m.
executive-receipt
2025-06-24
In Assembly. Ordered to Engrossing and Enrolling.
committee-passage
2025-06-23
Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 1706.).
passage,reading-1,reading-3
2025-06-18
Read second time. Ordered to Consent Calendar.
reading-1,reading-2
2025-06-17
From committee: Do pass. To Consent Calendar. (Ayes 12. Noes 0.) (June 17).
committee-passage,committee-passage-favorable
2025-05-21
Referred to Com. on JUD.
referral-committee
2025-05-13
In Senate. Read first time. To Com. on RLS. for assignment.
reading-1,referral-committee
2025-05-12
Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 0. Page 1515.)
passage,reading-1,reading-3
2025-05-07
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2025-05-06
From committee: Do pass. (Ayes 9. Noes 0.) (May 5).
committee-passage,committee-passage-favorable
2025-03-17
Referred to Com. on B.&F.
referral-committee
2025-02-19
From printer. May be heard in committee March 21.
2025-02-18
Read first time. To print.
reading-1
Versions
Documents
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Votes
Do pass.
2025-05-05 · pass · 9-0
Member-level votes (9)
- Fong: yes
- Valencia: yes
- Soria: yes
- Krell: yes
- Michelle Rodriguez: yes
- Chen: yes
- Dixon: yes
- Schiavo: yes
- Blanca Rubio: yes
AB 771 Macedo Assembly Third Reading
2025-05-12 · pass · 75-0
Member-level votes (79)
- Carrillo: yes
- Alanis: yes
- Hart: yes
- Michelle Rodriguez: yes
- Ellis: yes
- Addis: yes
- Sharp-Collins: yes
- Ward: yes
- Garcia: yes
- Arambula: yes
- Lowenthal: yes
- Pacheco: yes
- Wallis: yes
- Macedo: yes
- Gabriel: yes
- Jeff Gonzalez: yes
- Petrie-Norris: yes
- Bonta: yes
- Soria: yes
- Chen: yes
- Alvarez: yes
- Dixon: yes
- Solache: yes
- Ahrens: yes
- Aguiar-Curry: yes
- Muratsuchi: yes
- Patterson: yes
- DeMaio: yes
- Papan: yes
- Caloza: yes
- Pellerin: yes
- Calderon: yes
- Mark González: yes
- Valencia: yes
- Ramos: yes
- Irwin: yes
- Quirk-Silva: yes
- Rivas: yes
- Wilson: yes
- Fong: yes
- Flora: yes
- Gallagher: yes
- Rogers: yes
- Schiavo: yes
- Tangipa: yes
- Blanca Rubio: yes
- McKinnor: yes
- Haney: yes
- Ávila Farías: yes
- Bennett: yes
- Ta: yes
- Hadwick: yes
- Connolly: yes
- Berman: yes
- Ortega: yes
- Ransom: yes
- Bauer-Kahan: yes
- Krell: yes
- Bryan: yes
- Celeste Rodriguez: yes
- Hoover: yes
- Davies: yes
- Elhawary: yes
- Nguyen: yes
- Patel: yes
- Sanchez: yes
- Zbur: yes
- Castillo: yes
- Wicks: yes
- Boerner: yes
- Bains: yes
- Gipson: yes
- Jackson: yes
- Kalra: yes
- Lackey: yes
- Stefani: other
- Lee: other
- Harabedian: other
- Schultz: other
Do pass and be ordered to the Consent Calendar
2025-06-17 · pass · 12-0
Member-level votes (13)
- Caballero: yes
- Umberg: yes
- Wahab: yes
- Niello: yes
- Durazo: yes
- Weber Pierson: yes
- Wiener: yes
- Allen: yes
- Valladares: yes
- Arreguín: yes
- Laird: yes
- Stern: yes
- Ashby: other
Consent Calendar 2nd
2025-06-23 · pass · 37-0
Member-level votes (40)
- Niello: yes
- Stern: yes
- Cortese: yes
- Hurtado: yes
- Grayson: yes
- McGuire: yes
- Blakespear: yes
- Laird: yes
- Wiener: yes
- Jones: yes
- Grove: yes
- McNerney: yes
- Strickland: yes
- Cabaldon: yes
- Weber Pierson: yes
- Becker: yes
- Padilla: yes
- Choi: yes
- Wahab: yes
- Smallwood-Cuevas: yes
- Durazo: yes
- Valladares: yes
- Limón: yes
- Ochoa Bogh: yes
- Pérez: yes
- Richardson: yes
- Seyarto: yes
- Arreguín: yes
- Allen: yes
- Caballero: yes
- Gonzalez: yes
- Menjivar: yes
- Archuleta: yes
- Dahle: yes
- Ashby: yes
- Umberg: yes
- Alvarado-Gil: yes
- Reyes: other
- Rubio: other
- Cervantes: other
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T01:34:27.960412Z
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