HB4245 SFAT Barrett #1 3-11

Childs  7949

Senator Barrett moved to amend the bill by striking out the title and substituting therefor a new title, to read as follows:

Eng. Com. Sub. for House Bill 4245—A Bill to amend and reenact §64-7-1 of the Code of West Virginia, 1931, as amended, relating to authorizing certain agencies of the Department of Revenue to promulgate legislative rules; authorizing the rules as filed and as modified by the Legislative Rule-Making Review Committee and as amended by the Legislature; directing certain agencies of the Department of Revenue to promulgate legislative rule; authorizing the Alcohol Beverage Control Administration to promulgate a legislative rule relating to private clubs; authorizing the Division of Financial Institutions to promulgate a legislative rule relating to residential mortgage lenders, brokers, and loan originators; authorizing the Division of Financial Institutions to promulgate a legislative rule relating to the installation, operation, and sharing of customer bank communication terminals and the utilization of nonexclusive access interchange system; authorizing the Division of Financial Institutions to promulgate a legislative rule relating to the notice and treatment of joint accounts; authorizing the Commissioner of Financial Institutions to promulgate a legislative rule relating to the Fintech Regulatory Sandbox Program; authorizing the Insurance Commissioner to promulgate a legislative rule relating to fingerprinting requirements for applicants for insurance producer license and insurance adjuster license; authorizing the Insurance Commission to promulgate a legislative rule relating to premium financing for life insurance for college students; authorizing the Insurance Commission to promulgate a legislative rule relating to mass marketing of property and liability insurance; authorizing the Insurance Commission to promulgate a legislative rule relating to the advertisement of accident and sickness insurance; authorizing the Insurance Commissioner to promulgate a legislative rule relating to insurance adjusters; authorizing the Insurance Commission to promulgate a legislative rule relating to insurance holding company systems; authorizing the Insurance Commissioner to promulgate a legislative rule relating to credit for reinsurance; authorizing the Insurance Commissioner to promulgate a legislative rule relating to mental health parity; directing the Lottery Commission to amend a legislative rule relating to West Virginia Lottery Sports Wagering; authorizing the Lottery Commission to promulgate a legislative rule relating to interactive wagering; authorizing the Racing Commission to promulgate a legislative rule relating to thoroughbred racing; authorizing the Racing Commission to promulgate a legislative rule relating to Advance Deposit Account Wagering; authorizing the Tax Division to promulgate a legislative rule relating to the valuation of timberland and managed timberland; authorizing the Tax Division to promulgate a legislative rule relating to the valuation of public utility property for ad valorem property tax purposes; authorizing the Tax Division to promulgate a legislative rule relating to a tax credit for providing vehicles to low-income workers; authorizing the Tax Division to promulgate a legislative rule relating to Downstream Natural Gas Manufacturing Investment Tax Credit; authorizing the Tax Division to promulgate a legislative rule relating to High-Wage Growth Business Tax Credit; authorizing the Tax Division to promulgate a legislative rule relating to commercial patent incentives tax credits; authorizing the Tax Division to promulgate a legislative rule relating to on-line bingo and raffles; authorizing the Tax Division to promulgate a legislative rule relating to the Soft Drinks Tax; authorizing the Tax Division to promulgate a legislative rule relating to income tax credits for property taxes paid; and authorizing the Tax Division to promulgate a legislative rule relating to preneed cemetery companies.

Adopted

Rejected