WATCH: #California Governor Gavin #Newsom signs Senate Bill 694 ( #SB694 ) into law, aiming to protect #veterans and their families from predatory "claim sharks" who exploit them for financial gain.
#DeliveringForVeterans #CalVet #Vets
#SB694
$1 billion dollars to support veterans struggling with homelessness thanks to Prop 1, exemptions on income tax, and more.
#SB694 builds on @governor.ca.gov Gavin Newsom’s legacy of supporting and protecting veterans in California.
Unaccredited companies have been exploiting veterans out of tens-of-thousands of dollars to access their benefits.
That is no longer the case after #SB694 — California stands up to protect our veterans from manipulation and mistreatment.
California already leads in trustworthy help for veterans services through accredited county offices and VA accredited representatives.
#SB694 strengthens this system and punishes predatory actors who try to game it.
#SB694 sends a crucial message, California will not stand by and let our 1.8 million veterans be used.
Predatory claim shark companies often target veterans at their most vulnerable times.
California won’t let veterans’ benefits be a business opportunity — #SB694 establishes protections and accountabiliy to make sure that promise is not exploited.
>> @governor.ca.gov Gavin Newsom signing #SB694 makes it clear: California will not tolerate claimsharks that exploit veterans and their families.
CVSOs like Emby don’t just help fill out paperwork — they support veterans in all aspects of life.
From housing and healthcare to education, job training, and mental health services, CVSOs provide real, lasting help.
Veterans deserve protection, not predatory practices.
Yes on #SB694 #CAleg
Claim sharks pose a financial risk to veterans who need help with their benefits claims.
#SB694 makes it crystal clear: If you want to charge veterans for help with their benefits claims, you must be accredited by the VA.
We must protect those who have sacrificed so much to protect us.
Honored to speak to the DNC Veterans Committee on #SB694. Dems are leading to protect vets from VA benefit claims sharks, in the face of millions spent on lobbying to stop us. As the daughter of a vet, I’ll continue to fight to ensure predators stop taking billions out of the pockets of vets. #caleg
I joined CalVet, nonprofits, county partners, and advocates from across the state to talk about how we protect veterans from predatory claims practices with #SB694.
The message from veterans is clear: STOP predatory claims sharks profiting off of disabled veterans with #SB694
As Chair of Assembly Military and Veteran Affairs Committee, I’m am a proud Co-Author on a bill to stop corporate predators that take millions a year out of disabled vets pockets for service that is free. TY to Sen Archuleta for #SB694, my colleagues, AG Rob Bonta for protecting disabled veterans.
💵🦈 LOAN SHARKING: Republicans are advancing a bill for the loan industry that would jack up the maximum interest rate from 24% to $36% on personal loans over $5,000. For loans under $5K, rates go from 30% to 36% & fees go from 10% to 12.5%.
So much for cutting costs! #SB694