HB 1654-1_ Filed 02/27/2003, 16:47 Bardon

Text Box

    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______





    I move that House Bill 1654 be amended to read as follows:

SOURCE: Page 2, line 35; (03)MO165401.2. -->     Page 2, after line 35, begin a new paragraph and insert:
SOURCE: IC 28-8-4-47; (03)MO165401.3. -->     "SECTION 3. IC 28-8-4-47 IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2003]: Sec. 47. (a) Notwithstanding any other provision of law, all information or reports obtained by the director from an applicant, a licensee, or an authorized delegate, whether obtained through reports, applications, examination, audits, investigation, or otherwise, including but not limited to:
        (1) all information contained in or related to:
            (A) examination;
            (B) investigation;
            (C) operation; or
            (D) condition reports prepared by, on behalf of, or for the use of the director; or
        (2) financial statements, balance sheets, or authorized delegate information;
are confidential and may not be disclosed or distributed outside the department by the director or any officer or employee of the department, except as provided in subsection (b).
    (b) The director may provide for the release of information to representatives of state or federal:
financial institution supervisory agencies;
        (2) law enforcement agencies; or
        (3) prosecutorial agencies or offices;
who state in writing under oath that they shall are required to maintain the confidentiality of the information if: as described in IC 28-1-2-30.
        (1) the licensee provides consent before the release; or
        (2) the director finds that the release is reasonably necessary for the protection of the public and in the interests of justice, and the licensee has been given prior notice by the director to release the information.
    (c) Nothing in this section shall prohibit the director from releasing to the public a list of persons licensed under this chapter or from releasing aggregated financial data on such licensees.".
    (Reference is to HB 1654 as printed February 18, 2003.)


Representative Bardon

MO165401/DI 108     2003