Amendment No. 867

Assembly Amendment to Senate Bill No. 31 (BDR 19-993)

Proposed by: Committee on Government Affairs

Amendment Box:

Resolves Conflicts with: N/A

Amends: Summary: Yes Title: Yes Preamble: Joint Sponsorship:

ASSEMBLY ACTION Initial and Date | SENATE ACTION Initial and Date

Adopted Lost | Adopted Lost

Concurred In Not | Concurred In Not

Receded Not | Receded Not

Amend section 1, page 1, by deleting lines 6 and 7 and inserting:

"[Third] Martin Luther King, Jr.’s birthday is on January 15 but is to be observed on the third Monday in January [(Martin Luther King, Jr.’s Birthday)

Third] Washington’s birthday is on February 22 but is to be observed on the third Monday in February [(Washington’s birthday)]".

Amend section 1, page 1, by deleting line 11 and inserting:

"Nevada Day is October 31 [(Nevada Day)] but is to be observed on the last Friday in October".

Amend sec. 3, pages 2 and 3, by deleting line 39 on page 2 and lines 1 through 3 on page 3, and inserting:

"holiday pursuant to NRS 236.015 . [except that any board of trustees of a school district may elect to keep school open on October 31 (or other day observed as Nevada Day) and observe such holiday with appropriate exercises.]".

Amend the bill as a whole by renumbering sec. 4 as sec. 5 and adding a new section, designated section 4, following sec. 3, to read as follows:

"Sec. 4. NRS 662.255 is hereby amended to read as follows:

662.255 1. A bank may elect to close on Saturdays, Sundays or legal holidays. Except as otherwise provided in subsection 2 and NRS 104.4303, if a bank elects not to close on a Saturday, Sunday or legal holiday, all business transacted on a Saturday, Sunday or legal holiday shall be deemed to have been transacted on the next banking day that is not a Saturday, Sunday or legal holiday.

2. If a bank elects not to close on a Saturday, Sunday or legal holiday which falls on the last day of a calendar year, that day shall be deemed a regular banking day for the purposes of transacting business.

3. As used in this section, the term "legal holiday" includes all days which are declared by NRS 236.015 to be legal holidays.".

Amend sec. 4, page 3, line 4, by deleting line 4 and inserting:

"Sec. 5. 1. This section and section 4 of this act become effective on October 1, 1999.

2. Sections 1, 2 and 3 of this act become effective on January 1, 2000.".

Amend the title of the bill to read as follows:

"AN ACT relating to holidays; changing the legal holiday for the observance of Nevada Day; removing the exception that allows schools to remain open on Nevada Day; revising the provision governing the transaction of banking business on holidays and weekends; and providing other matters properly relating thereto.".

Amend the summary of the bill, first line, by deleting the period and inserting:

"and revises provision governing transaction of banking business on holidays.".