5241.E AMH GOEH ADAM 125

ESB 5241 - H AMD TO APP COMM AMD (H-3433.2/24) 1205

By Representative Goehner

On page 10, beginning on line 13 of the striking amendment, after "penalty of" strike all material through "general" on line 16 and insert "not more than ((two hundred dollars)) $200 per day ((for each day during which such person is in violation of this chapter)) adjusted to the annual medical care index rate"

EFFECT: Changes the civil penalty for a violation of notice requirements for material change transactions to $200 per day, adjusted to the annual medical care index rate, rather than a penalty of up to 15 percent of the value of the material change transaction at the discretion of the Attorney General.

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