Introduced by Rep. Ann Bollin R-Brighton on June 9, 2022
To sunset a 1978 law giving a state Office of Financial and Insurance Services the authority to order a financial institution to close offices or suspend business in the event of an existing or impending emergency. This is part of a Republican legislative package amending various laws to incorporate lessons learned from the 2020 coronavirus epidemic. Official Text and Analysis.
Referred to the House Oversight Committee on June 9, 2022
Reported in the House on June 22, 2022
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.