FORTY-FIFTH LEGISLATURE

FIRST SESSION, 2001





February 27, 2001





Mr. Speaker:



Your APPROPRIATIONS AND FINANCE COMMITTEE, to whom has been referred



HOUSE BILL 280



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



1. On page 1, line 19, after "in" strike the remainder of the line and on line 20 strike "Finance Act" and insert in lieu thereof "Subsection C of this section".



2. On page 2, between lines 10 and 11, insert the following subsection:



"C. The provisions of this section do not apply to:



(1) retail installment contracts entered into pursuant to the Motor Vehicle Sales Finance Act; or



(2) loans made by a national bank, state bank, savings and loan association or credit union.".



3. Reletter the succeeding subsection accordingly.



4. On page 3, line 22 through page 5, line 4, strike Sections 4 and 5 in their entirety.













Respectfully submitted,







Max Coll, Chairman





Adopted Not Adopted

(Chief Clerk) (Chief Clerk)



Date



The roll call vote was 9 For 8 Against

Yes: 9

No: Bratton, Buffett, Heaton, King, Larrañaga, Mohorovic, Townsend, Wallace

Excused: Marquardt

Absent: None





.137489.1

\\Lambourgini\billtext\Amend_01\HB0280af1