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HI HB2167

Bill

Status

Introduced

1/27/2016

Primary Sponsor

Angus McKelvey

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Shifts semiannual assessment payment dates for financial institutions from February 15 and August 15 to March 1 and September 1 of each year.

  • Consolidates and restructures application fee schedule under section 412:2-105.2, eliminating separate fees for savings banks and trust companies while maintaining or adjusting fees for various institution types and charter conversions.

  • Removes authority for commissioner to establish separate examination fees under section 412:2-109(g), consolidating fee collection into the compliance resolution fund for examiner salaries, travel, training, and administrative costs.

  • Repeals section 412:10-125 establishing the credit union advisory board and its powers and duties.

  • Removes references to separate application fees in multiple statutes, directing instead to centralized fee provisions in section 412:2-105.2.

Legislative Description

Financial Institutions; Fees

Last Action

Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Tokioka excused (1).

2/12/2016

Committee Referrals

Finance2/12/2016
Consumer Protection & Commerce1/27/2016

Full Bill Text

No bill text available