1     
BOARD OF FINANCIAL INSTITUTIONS AMENDMENTS

2     
2021 GENERAL SESSION

3     
STATE OF UTAH

4     
Chief Sponsor: James A. Dunnigan

5     
Senate Sponsor: Curtis S. Bramble

6     

7     LONG TITLE
8     Committee Note:
9          The Business and Labor Interim Committee recommended this bill.
10               Legislative Vote:     14 voting for     0 voting against     6 absent
11     General Description:
12          This bill amends the repeal date of the Board of Financial Institutions.
13     Highlighted Provisions:
14          This bill:
15          ▸     sunsets the Board of Financial Institutions in 2031.
16     Money Appropriated in this Bill:
17          None
18     Other Special Clauses:
19          None
20     Utah Code Sections Affected:
21     AMENDS:
22          63I-1-207, as enacted by Laws of Utah 2020, Chapter 154
23     

24     Be it enacted by the Legislature of the state of Utah:
25          Section 1. Section 63I-1-207 is amended to read:
26          63I-1-207. Repeal dates, Title 7.
27          (1) Section 7-1-203, which creates the Board of Financial Institutions, is repealed July

28     1, [2021] 2031.
29          (2) Section 7-3-40, which creates the Board of Bank Advisors, is repealed July 1, 2022.
30          (3) Section 7-9-43, which creates the Board of Credit Union Advisors, is repealed July
31     1, 2023.