Senate Bill 3 <leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202320240SB33>3 removes a sunset provision that applies to a requirement to disclose the cost of a commercial financing transaction expressed as an annualized rate. The requirement was scheduled to sunset on January 1, 2024. By removing the sunset, SB 33 requires commercial financing providers to provide the specified disclosure indefinitely.
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