Assembly Member Miguel Santiago (D-Los Angeles) authored AB 1177, the California Public Banking Option Act which initiates an innovative program to close the financial services gap that leaves 1 in 4 Californians unbanked or underbanked.
Assembly Member Miguel Santiago (D-Los Angeles) authored AB 1177, the California Public Banking Option Act which initiates an innovative program to close the financial services gap that leaves 1 in 4 Californians unbanked or underbanked.
(Los Angeles, CA) – Assembly Member Miguel Santiago (D-Los Angeles) released the following statement upon the release of the state auditor’s report detailing that the California Department of Housing and Community (HCD) could lose some of the $1.8 billion allocated to the first roun
(Sacramento, CA) – The California State Legislature approved AB 1177, the California Public Banking Option Act and it has been sent to the Governor’s desk. AB 1177 is landmark legislation to study how the state can guarantee all Californians access to basic banking services without fees or penalties.
