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Text: S03433                            Text: S03435
Text: S03400 - S03499                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

Senate Amendment 3434

Amendment Text

PAG LIN
  1  1    Amend Senate File 423, as passed by the Senate, as
  1  2 follows:
  1  3    #1.  Page 6, by inserting after line 15 the
  1  4 following:
  1  5    "   .  The annual percentage rate on the first
  1  6 hundred dollars on the face amount of the check which
  1  7 the fee represents, and the annual percentage rate on
  1  8 subsequent one hundred dollar increments which the fee
  1  9 represents, if different."
  1 10    #2.  Page 6, line 20, by inserting after the word
  1 11 "upon." the following:  "A penalty to be charged
  1 12 pursuant to this section shall only be collected by
  1 13 the licensee once on a check no matter how long the
  1 14 check remains unpaid.  A penalty to be charged
  1 15 pursuant to this section is a licensee's exclusive
  1 16 remedy and if a licensee charges a penalty pursuant to
  1 17 this section no other penalties under this chapter or
  1 18 any other provision apply."
  1 19    #3.  Page 9, line 32, by inserting after the word
  1 20 "LICENSE" the following: "&endash; INJUNCTION".
  1 21    #4.  Page 10, line 2, by inserting after the word
  1 22 "misdemeanor." the following:  "In addition to the
  1 23 criminal penalty provided for in this section, the
  1 24 superintendent may also commence an action to enjoin
  1 25 the operation of the business."
  1 26    #5.  By relettering as necessary.  
  1 27 SF 423H
  1 28 mj/pk/25
     

Text: S03433                            Text: S03435
Text: S03400 - S03499                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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