Amendment No. CA9

 

First Conference Committee Amendment to Assembly Bill No. 163  Fifth Reprint                  (BDR 7‑383)

Proposed by: First Conference Committee

Amendment Box:

Resolves Conflicts with: N/A

Amends:         Summary:              Title:              Preamble:               Joint Sponsorship:

 

Adoption of this amendment will REMOVE the 2/3s majority vote requirement from AB163 R5.

 

     Amend the bill as a whole by deleting sections 1 through 72 and renumbering sections 72.3 through 72.7 as sections 1 through 3.

     Amend the bill as a whole by deleting sections 73 through 79 and renumbering sec. 79.5 as sec. 4.

     Amend the bill as a whole by deleting sections 80 through 82 and renumbering sec. 82.5 as sec. 5.

     Amend the bill as a whole by deleting sections 83 and 84 and renumbering sections 84.3 and 84.7 as sections 6 and 7.

     Amend sec. 84.3, page 61, line 36, by deleting “72.7” and inserting “3”.

     Amend sec. 84.7, page 61, line 42, by deleting “79.5” and inserting “4”.

     Amend the bill as a whole by deleting sec. 85 and the text of the repealed section.

     Amend the title of the bill to read as follows:

AN ACT relating to financial practices; providing a penalty for a person who willfully offers into evidence as genuine certain fraudulent records or who willfully destroys or alters certain records under certain circumstances; increasing the penalty for certain securities violations; extending the civil and criminal statutes of limitations for certain securities violations; excluding the performance of certain internal audits pertaining to certain gaming licensees by certain independent accountants; and providing other matters properly relating thereto.”.

     Amend the summary of the bill to read as follows:

“SUMMARY—Makes various changes to provisions concerning financial practices. (BDR 7‑383)”.