(Doc Name H:\LEGWORK\HOUSE\AMEND\H-WM\010\GP LEGAL FUNDS.DOCX):
EXPLANATION: Suspend administrative interpretation made by the department regarding legal funding transactions
Amend the bill, as and if amended, Part IB, Section 117, GENERAL
PROVISIONS, page 506, after line 2, by adding an appropriately
numbered paragraph to read:
/(GP: Legal Funding Transactions) With the funds
appropriated and authorized to the Department of Consumer
Affairs for the current fiscal year, the department shall
suspend and cease any investigations, enforcement procedures, or
actions as a result of the Administrative Interpretation
3.104,106-1403 issued by the department and dated November 14,
2014. The department shall not make any such administrative
determinations for legal funding transactions without the clear
expression of intent from the General Assembly regarding the
applicability of this administrative interpretation./
Renumber sections to conform.
Amend totals and titles to conform.