Amend SECTION 2 of SB 611 by adding:                                         
	(c)  A person described in Section 149.001(b)(1) of the 
Finance Code may request a hearing before the Credit Union 
Commissioner for additional time to comply with this section.  If 
the Commissioner makes a determination that the person is unable to 
comply with the provisions in this section by March 1, 2005 and has 
made a good faith attempt to comply with this section, the 
Commissioner shall issue an order for the person to take the actions 
required and provide for up to one year for the person to come into 
compliance with this section.  Any person not provided additional 
time to comply will be subject to all provisions of this section as 
of the effective date.  Any hearing conducted and all materials 
related to such hearing are deemed confidential.  Any request for a 
hearing shall be made not less than 60 days prior to March 1, 2005.