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2020 SESSION
(SB421)
AMENDMENT(S) REJECTED BY THE SENATE
SEN. NORMENT
1. After line 1774, engrossed
insert
6. That the provisions of this act shall not become effective unless reenacted by the 2021 Session of the General Assembly and that the Bureau of Financial Institutions shall convene a stakeholder group to review the impact that this legislation would have on Virginia borrowers as well as make recommendations regarding consumer protections and innovations that could be implemented in Virginia. Such group shall include consumer advocates, representation from the Office of the Attorney General, and lenders and financial services companies.