(Tarzana) – Assemblymember Dababneh (D-Encino) has partnered with Congressman Brad Sherman, Temple Judea and City Plants to offer a free tree giveaway event this weekend open to all residents of LA City. Anyone may stop by to receive a free flowering or shade tree and discuss legislative issues with the Congressman and Assemblymember.
(Los Angeles) –Assemblymember Matt Dababneh (D-Encino) convened a special oversight hearing of the Assembly Banking and Finance Committee to examine the Wells Fargo practices that led to settlements with the LA City Attorney, the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency.
(Los Angeles) – Assemblymember Matt Dababneh (D-Encino), Chair of the Assembly Banking and Finance Committee, will hold an oversight hearing on Tuesday, October 11, regarding the recent Wells Fargo settlement with federal regulators concerning deceptive product cross-selling activities and the fraudulent opening of millions of bank accounts.
As nearly one in four American Olympians return home to California our state has a lot to be proud of.
(SACRAMENTO) – Today, Assemblymember Matt Dababneh (D-Encino) issued the following statement regarding Assembly Bill 1326, a bill to regulate virtual currency:
“After several vigorous and valuable conversations and meetings with virtual currency experts, consumer organizations and others, I have decided to remove AB 1326 from consideration for a vote this year.
By Matt Dababneh
(SACRAMENTO) – Today, Assemblymember Matt Dababneh (D-Encino) released the following statement regarding the passage of the 2016-17 state budget.
“Today I was able to vote for an on time and responsible budget that moves our state forward with key investments in our early, K-12 ,and higher education systems, and continues to build upon our budget reserves with an additional $2 billion deposit into the Rainy Day Fund.
AB 2693 will add transparency, disclosure, and oversight for homeowners who go green
(Sacramento) – Today, Assembly Bill 2693, the PACE Preservation and Consumer Protections Act, passed the Assembly Floor with a bipartisan vote of 75-0. Authored by Assemblymember Matt Dababneh (D-Encino), Assembly Bill 2693 will require that prior to entering into a PACE loan, a homeowner must be provided a financing estimate and disclosure document. This disclosure document will notify homeowners that they may not be able to sell or refinance their home unless the PACE loan is paid off in its entirety, as well as, annual percentage rates, product costs, closing costs, and fees.
“While California’s PACE program was drafted with the best intentions, like any new program, implementation has not been perfect,” states Assemblymember Dababneh. “The PACE program, which has been an environmental success, unintentionally created a marketplace that has allowed contractors to sell financial products to homeowners without any consumer protections. Currently, there is no requirement for basic disclosures and homeowners are often misled to believe that the PACE program is a subsidized government program that carries no risk if they need to sell or refinance their home.”
Dababneh Hosts Senior Town Hall
Three Feet for Safety
Remembering the Armenian Genocide
Armenian Day Of Remembrance