Amendment ASA1-AB40

LRBs0351/1

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1995 - 1996 LEGISLATURE

ASSEMBLY SUBSTITUTE AMENDMENT 1, To 1995 ASSEMBLY BILL 40

November 15, 1995 - Offered by Representative Musser.

AB40-ASA1,1,2 An Act to amend 45.79 (4) (c) of the statutes; relating to: requiring the payment of interest on escrow accounts on veteran mortgage loans.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB40-ASA1, s. 1 Section 1. 45.79 (4) (c) of the statutes is amended to read:

AB40-ASA1,1,6 45.79 (4) (c) Loans made pursuant to this section shall not be subject to s. 138.05, 138.051 or 138.052, except that a loan originated under this section after the effective date of this paragraph .... [revisor inserts date], is subject to s. 138.052 (5).

AB40-ASA1,1,7 (End)