The 2021-22 Budget: Funding for Debt Collector Licensing and Regulation

Feb 17, 2021 - Chapter   163 o f 2020 (S B  908 , Wieckowski) requires DFPI to establish a regulatory and licensing system to oversee debt collectors. DFPI began implementing S B   908 o n January 1, 2021 and is required to allow any debt collector that applies for a license prior to January 1, 2022 t o operate pending review of the application.
https://lao.ca.gov/Publications/Report/4376

Disabled Veteran Business Enterprise Program Review

Dec 2, 2025 - Of the 230 investigations initiated between January 2021 and April 2025, 163 were certification compliance reviews designed to ensure vendor certification files were cu rrent, complete, and in compliance; and 67  involved cases of alleged program abuse.
https://lao.ca.gov/Publications/Report/5095

The 2025-26 Budget: Department of Financial Protection and Innovation

Apr 3, 2025 - Chapter  163 of 2020 (SB  908, Wieckowski) requires DFPI to establish a regulatory and licensing system to oversee debt collectors. DFPI began implementing SB  908 on January 1, 2021 and started accepting applications for licensure on September 1, 2021.
https://lao.ca.gov/Publications/Report/5025