2017 Regular Session
|At the request of:||(at the request of Senate Interim Committee on Judiciary)|
|Bill Title:||Relating to automated data exchanges between the Department of Justice and financial institutions.|
Requires insurance companies to enter into agreements with Department of Justice to provide information and financial records to department for claimants who are obligors of past due support.
Provides that financial institution can satisfy obligation to conduct data match and provide information to administrator as provided in rules adopted by department. Requires, unless financial institution has previously provided required information to administrator, financial institution to provide administrator at least three days' advance written notice before disbursing payment to obligor pursuant to claim for insurance benefits or payments. Provides that financial institution is not in violation of laws regulating handling of accounts upon taking certain specified actions.
|Chapter Number:||Chapter 486|
|Fiscal Impact:||Has Minimal Fiscal Impact|
|Revenue Impact:||No Revenue Impact|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||Chapter Number Assigned|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|