Legislature(1999 - 2000)

1999-02-08 House Journal

Full Journal pdf

1999-02-08                     House Journal                      Page 0164
HB 13                                                                        
The following was read the second time:                                        
                                                                               
HOUSE BILL NO. 13                                                             
"An Act relating to the characterization of, use of, segregation of,          
deposit of, interest on, and disbursement of escrow money; relating            
to the recording, filing, and delivery of escrow documents; relating           
to civil penalties for violations of certain escrow provisions by              
escrow settlement agents; relating to the supervision by the                   
Department of Commerce and Economic Development of escrow                      
settlement agents; authorizing the adoption of regulations to                  
implement certain escrow provisions; and providing for an                      
effective date."                                                               
                                                                               

1999-02-08                     House Journal                      Page 0165
HB 13                                                                        
with the:                                                 Journal Page         
                                                                               
	L&C RPT  CS(L&C) 3DP 1NR                                          115         
	ZERO FISCAL NOTE (DCED)                                           116         
                                                                               
Representative Green moved and asked unanimous consent that the                
following committee substitute be adopted in lieu of the original bill:        
                                                                               
	CS FOR HOUSE BILL NO. 13(L&C)                                                 
	(same title)                                                                  
                                                                               
There being no objection, it was so ordered.                                   
                                                                               
Amendment No. 1 was offered  by Representative Davies:                          
                                                                               
Page 2, line 9, following "agreement" through line 11:                         
Delete all material.                                                          
	Insert "."                                                                    
                                                                               
Representative Davies moved and asked unanimous consent that                   
Amendment No. 1 be adopted.                                                    
                                                                               
Representative Rokeberg objected and withdrew the objection.  There            
being no further objection, Amendment No. 1 was adopted.                       
                                                                               
                                                                               
Amendment No. 2 was offered  by Representative Davies:                          
                                                                               
Page 3, line 29:                                                               
	Delete "paid to"                                                              
	Insert "charged by"                                                           
                                                                               
Representative Davies moved and asked unanimous consent that                   
Amendment No. 2 be adopted.  There being no objection, it was so               
ordered.                                                                       
                                                                               
Amendment No. 3 was not offered.                                               
                                                                               
Amendment No. 4 was offered  by Representative Davies:                          
                                                                               

1999-02-08                     House Journal                      Page 0166
HB 13                                                                        
Page 5, lines 13-14:                                                           
	Delete "where all of the structures on the real property equal four           
or fewer"                                                                      
	Insert "on which there are one to four"                                       
                                                                               
Representative Davies moved and asked unanimous consent that                   
Amendment No. 4 be adopted.  There being no objection, it was so               
ordered.                                                                       
                                                                               
Amendment No. 5 was offered  by Representatives Sanders, Murkowski              
and Rokeberg:                                                                  
                                                                               
Page 3, line 28:                                                               
	Delete "wilfully"                                                             
                                                                               
Representative Sanders moved and asked unanimous consent that                  
Amendment No. 5 be adopted.  There being no objection, it was so               
ordered.                                                                       
                                                                               
Amendment No. 6 was offered  by Representative Cissna:                          
                                                                               
Page 1, lines 4 - 7 (title amendment):                                         
	Delete "relating to the supervision by the Department of                     
Commerce and Economic Development of escrow settlement                         
agents; authorizing the adoption of regulations to implement                   
certain escrow provisions;"                                                   
                                                                               
Page 4, lines 2 - 10:                                                          
	Delete all material.                                                          
                                                                               
Page 4, lines 12 - 13:                                                         
	Delete all material.                                                          
                                                                               
Page 4, line 14:                                                               
	Delete "(2)"                                                                  
	Insert "(1)"                                                                  
                                                                               
Page 4, line 17:                                                               
	Delete "(3)"                                                                  
	Insert "(2)"                                                                  

1999-02-08                     House Journal                      Page 0167
HB 13                                                                        
Page 4, line 19:                                                               
	Delete "(4)"                                                                  
	Insert "(3)"                                                                  
                                                                               
Page 4, line 30:                                                               
	Delete "(5)"                                                                  
	Insert "(4)"                                                                  
                                                                               
Page 5, line 10:                                                               
	Delete "(6)"                                                                  
	Insert "(5)"                                                                  
                                                                               
Page 5, line 13:                                                               
	Delete "(7)"                                                                  
	Insert "(6)"                                                                  
                                                                               
Page 5, line 15:                                                               
	Delete "(8)"                                                                  
	Insert "(7)"                                                                  
                                                                               
Representative Cissna moved and asked unanimous consent that                   
Amendment No. 6 be adopted.                                                    
                                                                               
Representative Rokeberg objected.                                              
                                                                               
                                                                               
The Speaker stated that, without objection, CSHB 13(L&C) am would              
be moved to the bottom of the calendar with Amendment No. 6                    
pending.