Text: HF00459                           Text: HF00461
Text: HF00400 - HF00499                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index



House File 460

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 537.1301, subsection 12, paragraph a,
  1  2 subparagraph (5), Code 2003, is amended to read as follows:
  1  3    (5)  With respect to a sale of goods or services, the
  1  4 amount financed does not exceed twenty-five fifty thousand
  1  5 dollars.
  1  6    Sec. 2.  Section 537.1301, subsection 13, paragraph a,
  1  7 subparagraph (4), Code 2003, is amended to read as follows:
  1  8    (4)  The amount payable under the lease does not exceed
  1  9 twenty-five fifty thousand dollars.
  1 10    Sec. 3.  Section 537.1301, subsection 14, paragraph a,
  1 11 subparagraph (5), Code 2003, is amended to read as follows:
  1 12    (5)  The amount financed does not exceed twenty-five fifty
  1 13 thousand dollars.  
  1 14                           EXPLANATION
  1 15    This bill modifies certain definitions within the Iowa
  1 16 consumer credit code, Code chapter 537.  The current $25,000
  1 17 transaction limitation for consumer credit sales, consumer
  1 18 leases, and consumer loans is raised to $50,000 by the bill.  
  1 19 LSB 2729YH 80
  1 20 jj/sh/8
     

Text: HF00459                           Text: HF00461
Text: HF00400 - HF00499                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index

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