MINUTES OF THE
	SENATE COMMITTEE ON COMMERCE AND LABOR

	Sixty-eighth Session
	June 12, 1995


The Senate Committee on Commerce and Labor was called to order 
by Chairman Randolph J. Townsend, at 9:30 a.m., on Monday, June 
12, 1995, in Room 227 of the Legislative Building, Carson City, 
Nevada.  Exhibit A is the Agenda.  Exhibit B is the Attendance 
Roster.


COMMITTEE MEMBERS PRESENT:

Senator Randolph J. Townsend, Chairman
Senator Ann O'Connell, Vice Chairman
Senator Sue Lowden
Senator Kathy M. Augustine
Senator Raymond C. Shaffer
Senator John B. (Jack) Regan
Senator Joseph M. Neal

    
STAFF MEMBERS PRESENT:

Beverly Willis, Committee Secretary
Scott Young, Senior Research Analyst

OTHERS PRESENT:

Scott Walshaw, Commissioner, Financial Institutions Division, 
Department of 	Business and Industry
John Sande, Lobbyist, Nevada Bankers Association
Doug Walther, Deputy Attorney General, Commerce Section, Office 
of the 		Attorney General
Sam McMullen, Lobbyist, Nevada State Board of Nurses 
Donny Loux, Chief, Office of Community Based Services, 
Rehabilitation Division, 	Department of Employment, Training 
and Rehabilitation


The meeting opened with the presentation of  Bill Draft Request 
(BDR) 55-883.


BILL DRAFT REQUEST 55-883:		Provides for interstate and 
international banking.  

Senator Townsend, Senator Lowden and Senator O'Connell all 
declared either they,  or a spouse are members of the board of 
various financial institutions.  

Scott Walshaw, Commissioner, Financial Institutions Division, 
Department of Business and Industry, explained the purpose of 
this BDR, (Exhibit C The original is on file in the Research 
Library.) noting it attempts to implement provisions of federal 
legislation,  which creates nationwide interstate banking and 
allows for states to opt in or out of interstate branching.   
Mr. Walshaw continued, noting this BDR  might implement 
interstate branching on our (Nevada) terms, rather than those 
set out by the federal government.   Mr. Walshaw proceeded with 
his explanation of Exhibit C.   In answer to several questions 
from Senator Augustine pertaining to intrastate and interstate, 
Mr. Walshaw continued:

Interstate branching, essentially in this context, 
means that an out of state bank or holding company 
could either have already acquired some entity here 
under our interstate banking law.  Under this statute 
they would be allowed to convert their charter here, 
essentially extinguishing that charter here and 
allowing the offices here to operate as branches. 
...If they do it in a manner which is prescribed under 
the statute ... they may operate branches under 
interstate basis, where now under interstate banking 
law they can only do that by acquiring an entity, or 
setting up a new entity and operating it as a separate 
charter in each state where they choose to operate. 
 

Mr. Walshaw continued with an explanation of Exhibit C, noting 
provisions in this BDR are consistent with federal law.  Senator 
Lowden and Mr. Walshaw conferred on the effect this legislation 
might have on the  financial institution with which Senator 
Lowden is now connected.  John Sande, Lobbyist, Nevada Bankers 
Association, joined the conversation, noting this legislation 
will not give this financial institution any more or less 
advantage.  More comments were offered by Senator Regan. 

SENATOR REGAN MOVED TO INTRODUCE BILL DRAFT REQUEST 55-883.

SENATOR LOWDEN SECONDED THE MOTION.

THE MOTION CARRIED.  (SENATOR NEAL WAS ABSENT FOR THE 
VOTE).

* * * * *

At this time, Mr. Walshaw introduced Doug Walther, Senior Deputy 
Attorney General, Commerce Section, Office of the Attorney 
General.  Mr. Walshaw went on to note sections of this BDR also 
includes language dealing with international banking.

At this time, Mr. Sande gave an explanation, again noting this 
legislation will allow interstate banking; i.e.,  a bank outside 
of Nevada having a branch in Nevada without having to set up a 
separate Nevada corporation.  Mr. Sande continued noting  
concerns from his organization.  

The hearing then opened on Assembly Bill (A.B.) 645.

ASSEMBLY BILL 645:	Authorizes unlicensed personal assistant to 
perform certain services for person with 
physical disability under certain 
circumstances.  

First to testify on this legislation was Sam McMullen, Lobbyist, 
Nevada State Board of Nurses.  Mr. McMullen noted reasoning 
behind this legislation and introduced Donny Loux, Chief, Office 
of Community Based Services, Rehabilitation Division, Department 
of Employment, Training and Rehabilitation.  Ms. Loux gave 
background on this legislation and presented Exhibit D and 
Exhibit E.   (The original of Exhibit E is on file at the 
Research Library.)  Mr. McMullen then answered questions and 
gave an explanation of A.B. 645.  

SENATOR O'CONNELL MOVED TO DO PASS ASSEMBLY BILL 645.

SENATOR LOWDEN SECONDED THE MOTION.

THE 	MOTION CARRIED UNANIMOUSLY.

* * * * *

Exhibit F was presented to the committee, however there was no 
testimony.

There being no further business, the meeting was adjourned at 
10:35 a.m.





RESPECTFULLY SUBMITTED:



	
Beverly Willis,
Committee Secretary


APPROVED BY:





Senator Randolph J. Townsend, Chairman




DATE: 						

Senate Committee on Commerce and Labor
June 12, 1995
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