(at the request of Governor Tina Kotek for Department of Consumer and Business Services)
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Regular Sponsors:
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Bill Title:
Relating to moneys from enforcement actions of the Department of Consumer and Business Services as funding for consumer education.
Catchline/Summary:
Establishes two new subaccounts in the Consumer and Business Services Fund: the Consumer Financial Education Account and the Consumer Insurance Education Account. Digest: Makes two new accounts in the Consumer and Business Services Fund. Says where the moneys for the accounts will come from and gives the Director of the Department of Consumer and Business Services the power to say which moneys will go into each of the accounts. (Flesch Readability Score: 60.2).
Establishes two new subaccounts in the Consumer and Business Services Fund: the Consumer Financial Education Account and the Consumer Insurance Education Account. Specifies the sources of funding for both accounts and requires the Director of the Department of Consumer and Business Services to designate funds for deposit into the accounts. Continuously appropriates moneys in the accounts to the Department of Consumer and Business Services for the purpose of providing consumer education.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
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HB 2568 House Committee On Commerce and Consumer Protection
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