SACRAMENTO, CA - Assemblymember Mark Stone (D-Monterey Bay) has introduced legislation to protect private student loan borrowers from unsubstantiated lawsuits. AB 424 requires private student loan lenders and debt collectors to comply with common sense evidentiary standards when bringing debt collection lawsuits against borrowers.
SACRAMENTO, CA - With a year that has been full of uncertainties and a reduced budget, Assemblymember Mark Stone (D-Monterey Bay) was able to get 10 bills signed by Governor Newsom. These bills will protect people with student loans from predatory practices, prevent intellectually disabled people from being sentenced to death row, provide safeguards for mobilehome residents and ensure that local fire protection district employees can keep their desired benefits.
The following bills will go into effect on January 1, 2021:
SACRAMENTO, CA - Today Governor Newsom signed Assembly Bill (AB) 376 by Assemblymember Mark Stone (D-Monterey Bay) which will make California the first state in the nation to provide student loan borrowers with a comprehensive Bill of Rights.