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Senate panel approves amendment clarifying banks' response to Protection and Advocacy requests; amended SB 2164 moves forward
Summary
The Senate Human Services Committee adopted an amendment to Senate Bill 2164 clarifying how banks should respond to Protection and Advocacy information requests and passed the amended bill on a unanimous roll call.
The Senate Human Services Committee on Jan. 15 adopted an amendment to Senate Bill 2164 that clarifies how banks should respond to information requests from Protection and Advocacy (P&A) entities and then voted to pass the bill as amended.
Committee members said the amendment resolves an interpretation dispute between P&A and several banks about whether newly issued bank guidance made P&A requests fall outside banks' obligations. "Banks got new guidelines on how to release information," a committee member said during the discussion, adding that banks and P&A negotiated wording so financial institutions would not be treated as having a legal obligation to investigate P&A reports. The committee described the change as a "minor tweak in the law."
The amendment (identified in committee as amendment 2509 to 8.01002) was moved by Senator Hogan and seconded by Senator Clemens. The committee conducted a roll-call vote on the amendment; Chairperson Lee, Senator Weston, Senator Rohrs, Senator Hogan, Senator Van Oosten and Senator Clemens all voted “Aye,” and the amendment passed 6-0.
Following adoption of the amendment, Senator Hogan moved to pass the amended Senate Bill 2164. The committee again called the roll for the motion to give the bill a "do pass as amended" recommendation; the same six senators recorded affirmative votes and the committee recommended passage of the bill as amended.
Committee discussion noted a separate concern: members said requests from P&A had grown in frequency in some geographic areas and banks' responses had been inconsistent. Committee members thanked negotiators from the banking community and P&A for their work on the clarifying language.
No further committee action or subsequent referral was recorded in the transcript excerpt provided.
Ending: The committee's recommendation sends the amended bill forward; committee members said they plan no additional changes in committee and credited bargaining among stakeholders for the resolution.
