BEFORE THE DEPARTMENT OF ADMINISTRATION

OF THE STATE OF MONTANA

 

In the matter of the amendment of ARM 2.59.104 pertaining to semiannual assessment for banks

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NOTICE OF AMENDMENT

TO: All Concerned Persons

 

1. On March 18, 2016, the Department of Administration published MAR Notice No. 2-59-543 pertaining to the proposed amendment of the above-stated rule at page 479 of the 2016 Montana Administrative Register, Issue Number 6.

 

2. The department has amended the above-stated rule as proposed.

 

3. The department has thoroughly considered the comment received. A summary of the comment received and the department's response are as follows:

 

COMMENT 1: The Montana Independent Bankers Association (MIB) is a trade association of Montana's independent bankers. The MIB commented that it supports the proposed amendment to this administrative rule which would charge no fee for the June 30, 2016, bank assessment.  The MIB commented that the department has had staffing changes and has reorganized recently. The MIB supports the bank assessment holiday proposed in this rule, as long as it is economically feasible to do so.

 

RESPONSE 1: The department thanks the MIB for its support of this amendment. 

 

 

 

By: /s/ Sheila Hogan                                  By:   /s/ Michael P. Manion            

       Sheila Hogan, Director                                Michael P. Manion, Rule Reviewer

       Department of Administration                      Department of Administration

 

Certified to the Secretary of State May 9, 2016.