Senate Amendment 3130


PAG LIN




     1  1    Amend House File 5 as follows:
     1  2 #1.  Page 2, by inserting after line 9 the
     1  3 following:
     1  4    <Sec.    .  Section 537.2501, subsection 1, Code
     1  5 2007, is amended by adding the following new
     1  6 paragraph:
     1  7    NEW PARAGRAPH.  j.  A regulated car title lender
     1  8 pursuant to chapter 536 may charge an application fee
     1  9 not to exceed the lesser of ten percent of the amount
     1 10 financed or thirty dollars.  If the loan is not
     1 11 approved, the application fee shall not exceed the
     1 12 lesser of ten percent of the amount applied for by the
     1 13 applicant or thirty dollars.>
     1 14 #2.  Title page, line 3, by inserting after the
     1 15 word <vehicle> the following:  <, related application
     1 16 fees,>.
     1 17 #3.  By renumbering as necessary.
     1 18
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     1 20                               
     1 21 STEVE KETTERING
     1 22 MATT McCOY
     1 23 HF 5.303 82
     1 24 rn/cf/8016
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