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Inventory of the California State Senate Banking, Commerce and International Trade Committee Records
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Collection Details
 
Table of contents What's This?
  • Descriptive Summary
  • Administrative Information
  • Committee History
  • Scope and Content
  • Indexing Terms
  • Related Collections at the California State Archives
  • Note to Researchers
  • Oral Histories of Committee Chairs and Staff
  • Microfilm

  • Descriptive Summary

    Title: California State Senate Banking, Commerce and International Trade Committee Records
    Dates: 1981-2004
    Collection number: See Series Description
    Creator: Senate Banking, Commerce and International Trade Committee
    Creator/Collector: Senate Banking and Commerce Committee
    Creator/Collector: Senate Finance, Investment and International Trade Committee
    Collection Size: 21 cubic feet
    Repository: California State Archives
    Sacramento, California
    Abstract: The Senate Rules Committee created the Senate Banking and Commerce Committee by passage of Senate Resolution 8 on January 8, 1981 to consider "bills relating to financial institutions and commerce." The Senate Banking, Commerce and International Trade Committee Records consist of 21 cubic feet of textual records and audiotapes. The records cover the years 1981-2004 and are comprised of bill files, hearing files, subject files, correspondence, and Department of Corporations hearing files.
    Physical location: California State Archives
    Languages: Languages represented in the collection: English

    Administrative Information

    Access

    Collection is open for research.

    Publication Rights

    For permission to reproduce or publish, please contact the California State Archives. Permission for reproduction or publication is given on behalf of the California State Archives as the owner of the physical items. The researcher assumes all responsibility for possible infringement which may arise from reproduction or publication of materials from the California State Archives collections.

    Preferred Citation

    [Identification of item], Senate Banking, Commerce and International Trade Committee Records, LP[number]:[folder number], California State Archives, Office of the Secretary of State, Sacramento, California.

    Acquisition History

    The California State Archives acquired the Senate Environmental Quality Committee records according to state law.

    Committee History

    The Senate Rules Committee created the Senate Banking and Commerce Committee by passage of Senate Resolution 8 on January 8, 1981. Initially, the eleven members of the committee considered "bills relating to financial institutions and commerce." On February 11, 1991, with passage of Senate Resolution 11, the committee added "International Trade" both to its name and its oversight. On January 13, 1995, with the adoption of Senate Resolution 10, the committee was reduced to nine members while its scope was increased to include "retail credit interest rates and corporations," necessitating the committee to change its name to Senate Finance, Investment and International Trade. On March 14, 2002, with the passage of Senate Resolution 27, the committee changed its name back to Banking, Commerce and International Trade, though their scope remained the same as before. The researcher should note that because this last name change did not occur until late in the legislative session, many resources for 2001-2002 still refer to the committee as Finance, Investment, and International Trade.
    Senator Rose Ann Vuich (Dem.) served as the Committee's first Chairwoman from 1981-1992 and was subsequently followed by Senator Lucy Killea (Ind., 1993-1996), Senator Ken Maddy (Rep., 1997-1998), Senator Tim Leslie (Rep., 1999-2000), Senator Michael Machado (Dem., 2001-2002), and Senator Dean Florez (Dem., 2003-2004). Additionally, the committee formed three subcommittees between 1995 and 2004. The Subcommittee on the Americas was chaired solely by Richard Polanco (Dem.) from 1995 to 2002. The Subcommittee on Asia Trade and Commerce was chaired by Hilda Solis (Dem., 1995-2000), Betty Karnette (Dem., 2001-2002), and Joseph Dunn (Dem., 2003-2004). The Subcommittee on California-European Trade Development was chaired by Tim Leslie (Rep., 1999-2000), Michael Machado (Dem., 2001-2002), and Betty Karnette (Dem., 2003-2004).

    Scope and Content

    The Senate Banking, Commerce and International Trade Committee Records consist of 21 cubic feet of textual records and audiotapes. The records cover the years 1981-2004 and are comprised of bill files, hearing files, subject files, correspondence, and Department of Corporations hearing files. It is anticipated that the Archives will receive further records from the Senate Banking, Finance and Insurance Committee as it remains a functional standing committee in the California State Senate. Researchers should inquire of the reference archivist about recently received, unprocessed records of the committee.
    The majority of records consist of bill files that cover the years 1989-2002. Committee hearing files span from 1981-2004 and comprise approximately two cubic feet of the collection. Furthermore, there are subject files from the years 1977-2003 that contain Legislative Counsel and Attorney General Opinions.
    Most frequently bills referred to the Senate Banking and Commerce Committee pertain to the regulation of banking institutions, and savings and loan associations. Many files deal with establishing overseas trade offices and the goal of promoting international relations through an open exchange of ideas as well as goods. The above subjects tended to create a modest response, primarily from the industries involved. Numerous files also concern consumer protection issues such as the sale of securities, predatory lending practices, bank and credit card fee disclosure, real estate brokerage, and financial privacy.
    Many of the bills considered by the Senate Banking and Commerce Committee drew substantial public interest. Some examples of the more expansive bill files include: transmission of money to foreign countries (SB1461, 1989-1990), the charging and collecting of credit card fees (SB1145, 1993-1994), The Securities Fraud Enforcement Act (AB2465, 1995-1996), creation of the Department of Financial Institutions (AB3351, 1995-1996), child support collection (SB1554, 1997-1998), Financial Privacy Act (SB1372, 1999-2000), consumer protection against predatory lending in residential mortgage loans (SB2128, 1999-2000), creation of the California World Trade Commission (SB1683, 2001-2002), and loans secured by real property (AB489, 2001-2002).

    Indexing Terms

    The following terms have been used to index the description of this collection in the library's online public access catalog.
    California. Legislature. Senate. Committee on Banking, Commerce, and International Trade
    Consumer protection
    International trade
    Securities fraud

    Related Collections at the California State Archives

    Joseph Dunn Papers
    Dean Florez Papers, Restricted
    Lucy Killea Papers
    Tim Leslie Papers
    Michael Machado Papers, Restricted
    Richard Polanco Papers, Restricted
    Hilda Solis Papers, Restricted
    Rose Ann Vuich Papers

    Note to Researchers

    Researchers interested in this committee are advised to check the papers of its Chairpersons. Committee Chairs often kept materials relating to committee operations among their personal files. For Chairs' papers available at the California State Archives or other repositories, see information above.

    Oral Histories of Committee Chairs and Staff

    Kenneth L. Maddy, Oral History Interview, conducted 1999 by Donald B. Seney, Center for California Studies, California State University, Sacramento for the California State Government Oral History Project.

    Microfilm

    Ken Maddy Papers