FORTY-EIGHTH LEGISLATURESB 1060/a

FIRST SESSION, 2007

March 12, 2007

Madam President:

    Your FINANCE COMMITTEE, to whom has been referred

SENATE BILL 1060

has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:

    1. On page 9, line 9, after "fee", insert "shall not exceed five percent of the total loan amount and which".

                               Respectfully submitted,

                               __________________________________

                               John Arthur Smith, Co-Chair

                               Timothy Z. Jennings, Co-Chair

Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)

                  Date ________________________

The roll call vote was 10 For 0 Against

Yes:     10

No:      0

Excused: None

Absent:  None

SB1060FC1                                                  .169578.1