H.B. 48 - Board of Financial Institutions Amendments

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Bill

Board of Financial Institutions Amendments

Number: H.B. 48 (2021GS)
Sponsor: Rep. Dunnigan, J.
Final action: Governor Signed 3/11/2021
Outcome: Became law — signed by Gov. Spencer J. Cox

Summary

This bill amends the repeal date of the Board of Financial Institutions.

What it does

This bill:
sunsets the Board of Financial Institutions in 2031.

Every vote on this bill

1/19/2021House/ passed 3rd reading

Senate Secretary

73 0 2YEA

1/25/2021Senate Comm - Favorable Recommendation

Senate Business and Labor Committee

8 0 1not eligible / no record

1/25/2021Senate Comm - Consent Calendar Recommendation

Senate Business and Labor Committee

8 0 1not eligible / no record

1/29/2021Senate/ passed 3rd reading

Senate President

28 0 1not eligible / no record

Bill text

enrolled version · official source

BOARD OF FINANCIAL INSTITUTIONS AMENDMENTS
GENERAL SESSION
STATE OF UTAH
Chief Sponsor: James A. Dunnigan
Senate Sponsor: 
Curtis S. Bramble
LONG TITLE
General Description:
This bill amends the repeal date of the Board of Financial Institutions.
Highlighted Provisions:
This bill:
▸ sunsets the Board of Financial Institutions in 2031.
Money Appropriated in this Bill:
None
Other Special Clauses:
None
Utah Code Sections Affected:
AMENDS:
63I-1-207
, as enacted by Laws of Utah 2020, Chapter 154
Be it enacted by the Legislature of the state of Utah:
Section 1. Section 
63I-1-207
 is amended to read:
63I-1-207.
Repeal dates, Title 7.
(1) Section 
7-1-203
, which creates the Board of Financial Institutions, is repealed July
1, [
] 
.
(2) Section 
7-3-40
, which creates the Board of Bank Advisors, is repealed July 1, 2022.
(3) Section 
7-9-43
, which creates the Board of Credit Union Advisors, is repealed July
1, 2023.