AMENDMENT FOR HOUSE COMMERCE AND ENERGY COMMITTEE ENGROSSED BILL
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___________________ moved that HB 1179 be amended as follows:


    On page 1, line 7, of the House Commerce and Energy Committee engrossed bill, after "period" insert "with more than an aggregate of eight million dollars in loans outstanding at any one time".

    On page 1, line 11, after "." insert "The provisions of this section that provide an exemption from licensure for a company apply jointly to every entity in which a person has an equity interest, whether the loan or loans are made by the person individually or through the entity in which the person holds an equity interest.".

    On page 2, line 14, after "dollars" insert ", with no more than eight million dollars in loans outstanding at any one time. The provisions of this subdivision that provide an exemption from licensure for an individual apply jointly to every entity in which the individual has an equity interest, whether the loan or loans are made by the individual or through an entity in which the individual holds an equity interest".

    On page 3, line 8, after "dollars" insert ", with no more than eight million dollars in loans outstanding at any one time. The provisions of this section that provide an exemption from licensure for a person apply jointly to every entity in which the person has an equity interest, whether the loan or loans are made by the person individually or through an entity in which the person holds an equity interest".