Plain English Breakdown
Official source material does not specify if a new section explaining the opt-in process was added, only that it requires an 'opt-in'.
Corporation Opt-In for Senate Bill Changes
This amendment copies parts of another bill but makes sure a company must choose to follow those new rules.
What This Bill Does
- Copies changes from Section 1 of Senate Bill 21.
- Requires the corporation to 'opt-in' before it can use these new rules.
Who It Names or Affects
- Corporations that might be affected by Senate Bill 21
Terms To Know
- opt-in
- A choice a company must make to start following new rules.
Limits and Unknowns
- The bill does not provide details on how the opt-in process works.
- It is unclear which specific corporations this will affect.