FIFTY-FIRST LEGISLATURE

FIRST SESSION, 2013

January 25, 2013

 

 

Mr. Speaker:

 

    Your JUDICIARY COMMITTEE, to whom has been referred

 

HOUSE BILL 14

 

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

 

 

1. On page 2, line 2, after "means", insert "compliance with

related provisions of the federal Truth in Lending Act or".

 

     2. On page 2, line 5, strike the closing quotation mark.

 

     3. On page 2, between lines 5 and 6, insert the following new

subsection:

 

     "C. Nothing in this section shall restrict or affect the

use of convenience checks as an access device for a line of credit

previously established under an existing agreement between the

lender and the borrower; provided that an access device complies

with the federal Truth in Lending Act."".  

 

                             

                             Respectfully submitted,

 

 

 

                                                                 

Gail Chasey, Chairwoman

 

 

Adopted     Not Adopted

           (Chief Clerk)                            (Chief Clerk)

 

Date

 

 

The roll call vote was 15 For 0 Against

Yes:      15

No:       0

Excused:  Stewart

Absent:   None

 

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