FIFTY-FIFTH LEGISLATURE

SECOND SESSION

February 7, 2022

 

HOUSE FLOOR AMENDMENT number ___2__ to HOUSE BILL 132, as amended

Amendment sponsored by Representative Micaela Lara Cadena

    1. On page 6, line 22, strike "and" and between lines 22 and 23, insert the following new paragraph:

             "(4) not include a fee on a loan of five hundred dollars ($500) or less; provided further that the fee shall not exceed five percent of the total principal of the loan and shall not be imposed on any borrower more than one time per twelve-month period; and".

    2. Renumber the succeeding paragraph accordingly.

    3. On page 7, line 1, strike "Paragraph (1)" and insert in lieu thereof "Paragraphs (1) and (4)".

    4. On page 18, line 6, strike "or" and insert in lieu thereof "of".

    5. On page 38, line 2, strike "and" and between lines 2 and 3, insert the following new paragraph:

             "(4) not include a fee on a loan of five hundred dollars ($500) or less; provided further that the fee shall not exceed five percent of the total principal of the loan and shall not be imposed on any borrower more than one time per twelve-month period; and".

    6. Renumber the succeeding paragraph accordingly.

 

    7. On page 38, line 6, strike "Paragraph (1)" and insert in lieu thereof "Paragraphs (1) and (4)".

 

                                    _______________________________

 

Adopted ___________________ Not Adopted ________________________

          (Chief Clerk)                (Chief Clerk)

                  Date _________________