CERTIFICATION OF ENROLLMENT

 

                   SUBSTITUTE HOUSE BILL 2939

 

 

 

 

 

 

 

                        54th Legislature

                      1996 Regular Session

Passed by the House February 9, 1996

  Yeas 97   Nays 0

 

 

 

 

Speaker of the

      House of Representatives

 

Passed by the Senate February 27, 1996

  Yeas 47   Nays 0

             CERTIFICATE

 

I, Timothy A. Martin, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is SUBSTITUTE HOUSE BILL 2939 as passed by the House of Representatives and the Senate on the dates hereon set forth.

 

 

 

 

President of the Senate

 

                          Chief Clerk

 

 

Approved Place Style On Codes above, and Style Off Codes below.

                                FILED

          

 

 

Governor of the State of Washington

                   Secretary of State

                  State of Washington

          _______________________________________________

 

                    SUBSTITUTE HOUSE BILL 2939

          _______________________________________________

 

             Passed Legislature - 1996 Regular Session

 

State of Washington      54th Legislature     1996 Regular Session

 

By House Committee on Financial Institutions & Insurance (originally sponsored by Representative L. Thomas)

 

Read first time 02/02/96.

 

Examining credit unions.


    AN ACT Relating to the credit unions examination fund; and creating a new section.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

    NEW SECTION.  Sec. 1.  The director of financial institutions is authorized to charge fees to credit unions and other persons subject to regulation of the department of financial institutions under chapters 31.12, 31.12A, and 31.13 RCW in order to cover the costs of the operation of the department's division of credit unions and to establish a reasonable reserve for the division.  The fees shall be set by the director so that the projected revenue to the department's dedicated nonappropriated credit unions examination fund in fiscal year 1997 does not exceed $1,120,500, plus a one-time special assessment of $184,000.

 

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