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Rep. Shaw says HB29 narrows bill to clarify banking regulator authority and remove payment provisions
Summary
Representative Shaw told the committee she split and trimmed HB29 so it focuses on clarifying which banking regulator has oversight and removes language related to payment provisions; committee members voiced support and moved a favorable report. The transcript records voice votes but no roll-call tallies.
Representative Shaw told the committee that HB29 was being pared down to separate out multiple policy changes and to clarify which regulator oversees banking matters. "Essentially what it does is it removes the section about the government state government dealing statements ... references clean it up and lock in banking department regulator for banking make sure there's no ambiguity there," Shaw said, describing the amendment as…
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