2001 REGULAR SESSION (71st)                                                                             A SB489 478

 

Amendment No. 478

 

Senate Amendment to Senate Bill No. 489                                                                         (BDR 18‑360)

Proposed by: Committee on Government Affairs

Amendment Box: Resolves conflict in section 53 with A.B. No. 107. Makes substantive changes.

Resolves Conflicts with: AB107

Amends:         Summary:               Title:              Preamble:               Joint Sponsorship:

 

Adoption of this amendment will REMOVE the 2/3s majority vote requirement from SB489.

 

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 the bill as a whole by deleting section 1 and adding:

     “Section 1. (Deleted by amendment.)”.

     Amend sec. 45, pages 20 and 21, by deleting lines 39 through 49 on page 20 and lines 1 through 31 on page 21, and inserting:

     “120A.420  1.  The [chief of the division of unclaimed property] administrator may , at reasonable times and upon reasonable notice , examine the records of any person if he has reason to believe that the person has failed to report property which should have been reported pursuant to this chapter.

     2.  To determine compliance with this chapter, the commissioner of financial institutions may examine the records of any banking organization and any savings and loan association doing business within this state but not organized under the laws of or created in this state.

     3.  When requested by the [chief of the division of unclaimed property,] administrator, any licensing or regulating agency otherwise empowered by the laws of this state to examine the records of the holder shall include in its examination a determination whether the holder has complied with this chapter.”.

     Amend sec. 53, page 26, lines 5 and 17, by deleting:

“the immediately preceding”.

     Amend sec. 53, page 26, lines 25 and 26, by deleting:

“the immediately preceding”.

     Amend sec. 53, page 26, lines 31 and 36, by deleting:

“the immediately preceding”.

     Amend sec. 53, page 26, line 41, after “3.” by inserting:

“An offense that occurred within 7 years immediately preceding the date of the principal offense or after the principal offense constitutes a prior offense for the purposes of this section when evidenced by a conviction, without regard to the sequence of the offenses and convictions. The facts concerning a prior offense must be alleged in the complaint, indictment or information, must not be read to the jury or proved at trial but must be proved at the time of sentencing and, if the principal offense is alleged to be a felony, must also be shown at the preliminary examination or presented to the grand jury.

     4.”.

     Amend sec. 53, page 26, line 47, by deleting “4.” and inserting “5.”.

     Amend sec. 53, page 27, line 3, by deleting “5.” and inserting “6.”.

     Amend sec. 53, page 27, line 11, by deleting “6.” and inserting “7.”.

     Amend sec. 72, page 35, line 29, by deleting “1.”.

     Amend sec. 72, page 35, by deleting line 30.

     Amend sec. 73, page 35, by deleting line 32 and inserting:

“69, 72 and 74 of this act become”.

     Amend sec. 73, page 35, by deleting line 35 and inserting:

“71 of this act become effective on”.

     Amend the text of repealed sections by deleting the text of NRS 226.100.

     Amend the title of the bill by deleting the second through fourth lines and inserting:

“to use a facsimile signature; abolishing the division of unclaimed property of the department of business and industry and transferring the duties of the division to the state treasurer; authorizing the state treasurer to employ a deputy of unclaimed property; revising the time for the”.