75th OREGON LEGISLATIVE ASSEMBLY--2009 Regular Session
 
HA to HB 2784
 
LC 3641/HB 2784-1
 
                       HOUSE AMENDMENTS TO
                         HOUSE BILL 2784
 
               By COMMITTEE ON CONSUMER PROTECTION
 
                            April 30
 
  On page 1 of the printed bill, delete lines 5 through 29 and
insert:
  '  { +  SECTION 1. + }  { + (1) The interim legislative
committee of the House of Representatives on consumer protection
or other appropriate interim legislative committee of the House
of Representatives on consumer protection, and the interim
legislative committee of the Senate on consumer protection and
public affairs or other appropriate interim legislative committee
of the Senate on consumer protection shall review the operations
of financial institutions, as defined in ORS 706.008, that are
licensed, certified or chartered in this state and that receive
funds from the Troubled Asset Relief Program created under the
Emergency Economic Stabilization Act of 2008, P.L. 110-343, in
order to ensure that the financial institutions meet the goals of
the Troubled Asset Relief Program and the obligations set forth
under the provisions of the program.
  ' (2) A member, partner, officer or other designated person who
is familiar with the operations of a financial institution
described in subsection (1) of this section shall appear at the
time and date and in the place designated by a committee
described in subsection (1) of this section. A financial
institution is subject to review under this section by the
appropriate Senate committee at least once and by the appropriate
House committee at least three times during the interim between
sessions of the Legislative Assembly. + } ' .
  On page 2, delete lines 1 through 40.
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