Adopted

 

AMENDMENT NO 1 PROPOSED TO

 

Cmte Sub for House Bill No. 1597

 

BY: Representative Aguirre

 

     AMEND on line 14 by deleting the word "Americans" and inserting the word "Act".

     AMEND FURTHER on line 90 by deleting the semicolon after the word "individuals".

     AMEND FURTHER on line 114 by deleting the symbol "&" and inserting the word "and".

     AMEND FURTHER on line 115 by deleting the capitalized word "Institution" and inserting the lowercased word "institution".

     AMEND FURTHER on lines 120 and 125 by deleting the capitalized word "Risk" and inserting the lowercased word "risk".

     AMEND FURTHER on line 122 after the word "collateral" by deleting the semicolon and inserting a comma.

     AMEND FURTHER on lines 132 and 142 by deleting the capitalized word "Department" and inserting the lowercased word "department".

     AMEND FURTHER on lines 132, 235, 241, 246, 251, 255, 256, 262, 269, 272, 275, 296, 298, 301, 308, 310, 325, 334, 337, 344, 347, 351, 357 and 388 by deleting the capitalized word "Commissioner" and inserting the lowercased word "commissioner".

     AMEND FURTHER on line 136 by deleting the quotation marks around the words "reputational risk".

     AMEND FURTHER on lines 149, 154, 176 and 373 by deleting the capitalized words "Financial Institution" and inserting the lowercased words "financial institution".

     AMEND FURTHER on line 157 by deleting the word "term" and inserting the word "terms".

     AMEND FURTHER on line 199 by deleting the language ", Mississippi Code of 1972".

     AMEND FURTHER on lines 223 and 224 by deleting the language "Section 81-41-167, Mississippi Code of 1972, to the Commissioner of Banking and Consumer Finance ("Commissioner")" and inserting the language "Section 81-14-167, to the commissioner".

     AMEND FURTHER on lines 236, 286, 332, 333 and 357 by deleting the capitalized word "Act" and inserting the lowercased word "act".

     AMEND FURTHER on line 247 and 347 by deleting the capitalized word "Commissioner's" and inserting the lowercased word "commissioner's".

     AMEND FURTHER on lines 254 and 255 by deleting the language "[within a certain time frame established by the Commissioner]" and inserting the language "within twenty (20) business days from the receipt of the complaint".

     AMEND FURTHER on line 261 by deleting the language "81-41-167, Mississippi Code of 1972" and inserting the language "81-14-167".

     AMEND FURTHER on line 284 after the word "Complainant" by deleting the comma and inserting a semicolon.

     AMEND FURTHER on line 323 by deleting the capitalized words "Risk-Based" and inserting the lowercased words "risk-based" and by deleting the capitalized word "Standard" and inserting the lowercased word "standard".

     AMEND FURTHER on lines 346-349 by deleting the language "(4)  The Court shall not substitute its judgment for that of the Commissioner.  The Court shall affirm the Commissioner's decision unless the petitioner proves that the decision was arbitrary and capricious.".

     AMEND FURTHER on line 350 by deleting "(5)" and inserting "(4)".

     AMEND FURTHER on lines 359 and 360 by deleting the language "may, in his or her sole discretion," and inserting the word "shall".

     AMEND FURTHER on line 365 by deleting the word "may" and inserting the word "shall".

     AMEND FURTHER on line 380 by deleting the capitalized word "State" and inserting the lowercased word "state".

     AMEND FURTHER THE TITLE on lines 4-6 by deleting the language "TO AMEND TITLE 81, MISSISSIPPI CODE OF 1972, TO CODIFY STANDARDS FOR FAIR ACCESS TO FINANCIAL SERVICES CONSISTENT WITH EXECUTIVE ORDER 14331" and inserting the language "TO PROVIDE STANDARDS FOR FAIR ACCESS TO FINANCIAL SERVICES CONSISTENT WITH EXECUTIVE ORDER 14331".