1.1.................... moves to amend H.F. No. 722, the first engrossment, as follows:
1.2Page 4, line 2, after the semicolon insert "or"
1.3Page 4, delete line 5
1.4Page 4, line 10, before "All" insert "(a)"
1.5Page 4, after line 16, insert
1.6"(b) If a written agreement contains a mandatory arbitration clause, the tax preparer
1.7must provide a separate written notice to the client that:
1.8(1) arbitration is the exclusive means of dispute resolution for any dispute about the
1.9written agreement;
1.10(2) the client has the right to affirmatively opt out of the arbitration clause within 30
1.11days of entering into an agreement; and
1.12(3) the client is not bound to arbitration if the claim or dispute involves a violation of
1.13this section or the client invokes the remedies provided in subdivision 7.
1.14The tax preparer must advise the client, both orally and in writing, of the process by
1.15which the client may exercise the right to opt out of the mandatory arbitration clause."
1.16Renumber the sections in sequence and correct the internal references
1.17Amend the title accordingly