House Journal: Page 1469: Monday, April 28, 2003
29 discrete from the injury or illness for which
30 compensation is claimed. Evidence that an employee
31 has received a prior award for payment of benefits or
32 entered into a prior settlement of any claim arising
33 under this chapter or chapter 85A, 85B, or 86 creates
34 a presumption that the employee has suffered a
35 preexisting work-related injury or illness that is
36 separate and discrete from the injury or illness for
37 which benefits are claimed and that the extent of
38 disability caused by that preexisting injury or
39 illness has been determined. An employee who suffers
40 from a disability caused in part by a preexisting
41 injury or illness that is separate and discrete from
42 the injury or illness for which compensation is
43 claimed, such that the employer is not liable for that
44 portion of the employee's disability, shall receive
45 compensation for the employee's disability at the
46 employee's weekly benefit amount as provided in this
47 section plus an additional ten percent.
48 DIVISION III
49 FINANCIAL SERVICES
50 Sec. 8. Section 537.2502, subsections 3 and 6,
Page 4
1 Code 2003, are amended to read as follows:
2 3. A delinquency charge shall not be collected
3 under subsection 1, paragraph "a", on an installment
4 which that is paid in full within ten days after its
5 scheduled or deferred installment due date even though
6 an earlier maturing installment or a delinquency or
7 deferral charge on an earlier installment may not have
8 been paid in full. For purposes of this subsection,
9 payments associated with a precomputed transaction are
10 applied first to current installments and then to
11 delinquent installments.
12 6. A delinquency charge shall not be collected
13 under subsection 4 on a payment which associated with
14 a precomputed transaction that is paid in full on or
15 before its scheduled or deferred due date even though
16 an earlier maturing payment or a delinquency or
17 deferred charge on an earlier payment has not been
18 paid in full. For purposes of this subsection,
19 payments are applied first to amounts due for the
20 current billing cycle and then to delinquent payments.
21 Sec. 9. Section 537.2601, subsection 1, Code 2003,
22 is amended to read as follows:
23 1. Except as provided in subsection 2, with With
24 respect to a credit transaction other than a consumer
25 credit transaction, the parties may contract for the
26 payment by the debtor of any finance or other charge
27 as permitted by law. Except with respect to debt
© 2003 Cornell College and
League of Women Voters of Iowa
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