Amend SB 358 as follows:
      (1)  Strike Section 7 of the bill (page 9, line 20 through
page 11, line 1), and substitute the  following:
      SECTION 7.  Chapter 11, Texas Credit Union Act (Article
2461-11.01 et seq., Vernon's Texas Civil Statutes), is amended by
adding Section 11.031 to read as follows:
      Sec. 11.031.  TRAINING PROGRAM.  (a)  To be eligible to take
office as a member of the commission a person appointed to the
commission must complete at least one course of a training program
that complies with this section. A Commission member must complete
a training program that complies with subsection (b) not later than
the 180th day after the date on which the person takes office.
      (b)  A training program established under this section shall
provide information to the member regarding:
            (1)  the enabling legislation that created the
department and its policy-making body to which the member is
appointed to serve;
            (2)  the programs operated by the department;
            (3)  the role and functions of the department;
            (4)  the rules of the commission with an emphasis on
the rules that relate to disciplinary and investigatory authority;
            (5)  the current budget for the department;
            (6)  the results of the most recent formal audit of the
department;
            (7)  the requirements of the:
                  (A)  open meetings law, Chapter 551, Government
Code;
                  (B)  open records law, Chapter 552, Government
Code; and
                  (C)  administrative procedure law, Chapter 2001,
Government Code;
            (8)  the requirements of the conflict of interest laws
and other laws relating to public officials;
            (9)  any applicable ethics policies adopted by the
department or the Texas Ethics Commission; and
            (10)  the basic principles and responsibilities of
credit union management;
      (c)  A person appointed to the commission is entitled to
reimbursement for travel expenses incurred in attending the
training program, as provided by the General Appropriations Act and
as if the person were a member of the commission.
      (2)  On page 20, line 12, after the word "state" strike
"guidelines" and substitute "laws, rules, and regulations and
instructions promulgated directly from those laws, rules and
regulations".
      (3)  On page 20, line 15, after the word "state" strike
"guidelines" and substitute "laws, rules, and regulations and
instructions promulgated directly from those laws, rules and
regulations".