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)
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
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