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2020 SESSION
(HB1553)AMENDMENT(S) PROPOSED BY THE SENATE
COMMERCE AND LABOR
1. Line 306, engrossed, after than
strike
15
insert
20
COMMERCE AND LABOR
2. Line 551, engrossed, after effective.
insert
In addition, upon the effective date of the first enactment of this act, July 1, 2021, the State Corporation Commission shall monitor settlements by all licensees, specifically looking at the number of settlements made pursuant to this act, the fees charged pursuant to § 6.2-2041 of the Code of Virginia, as created by this act, and the principal amount to be paid by the consumer to satisfy the debt, and shall report to the Chairs of the House Committee on Labor and Commerce and the Senate Committee on Commerce and Labor by December 1 of each year 2023, 2024, and 2025.