Capitol Alert
The latest on California politics and government
April 18, 2012

Opposed by powerful business and finance groups, key mortgage reform bills sponsored by Attorney General Kamala Harris are headed for a joint legislative conference committee.

The six-member conference committee will consist of two Democrats and one Republican from each house, according to multiple legislative aides who had been notified of the plan.

The maneuver would be a way to discuss amendments and move the legislation, considered lynchpins of Harris’ mortgage reform plan, to the Assembly and Senate floors without a vote by finance committees.

The Assembly Banking and Finance Committee, apparently split on the measures, opted to delay action on them Monday.

Assembly Speaker John A.Pérez, Senate President Pro Tem Darrell Steinberg and Attorney General Kamala Harris, through aides, declined to comment Wednesday on formation of a conference committee.

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