HB4274 H B&I AMT 2-1

    The Committee on Banking and Insurance moves to amend the bill on page 1, line 10, by striking the title of the bill and inserting in lieu thereof the following:

“A BILL to amend and reenact §46A-4-103 of the Code of West Virginia, 1931, as amended, relating to the authority of the Commissioner of Banking over regulated consumer lender licensees; authorizing the commissioner to impose a fine or penalty upon a licensee for violation of chapter forty-six-a or chapter thirty-one-a of this Code or any other law or rule that the Division of Banking is authorized to enforce that is applicable to regulated consumer lenders; and providing for an administrative hearing to contest a fine or penalty.”