LRBa2712/1
KSH:kmg:jf
April 1998 Special Session
1997 - 1998 LEGISLATURE
SENATE AMENDMENT 1,
TO SENATE BILL 3
May 13, 1998 - Offered by Joint committee on Finance.
SB3-SA1,1,11 At the locations indicated, amend the bill as follows:
SB3-SA1,1,4 21. Page 2, line 2: after "purpose," insert "except that this subsection does not
3exclude transactions that are primarily for an agricultural purpose from ch. 427
4and".
SB3-SA1,1,7 52. Page 2, line 3: delete lines 3 and 4 and substitute "except that this
6subsection does not exclude credit transactions that are primarily for an agricultural
7purpose from s. 422.210.".
SB3-SA1,1,10 83. Page 2, line 14: delete that line and substitute "credit for personal, family,
9or household purposes or, for purposes of ch. 427 only, for agricultural purposes. A
10person other".
SB3-SA1,1,11 114. Page 11, line 12: after that line insert:
SB3-SA1,1,12 12" Section 38m. 427.102 of the statutes is amended to read:
SB3-SA1,2,3
1427.102 Scope. This chapter applies to conduct and practices in connection
2with the collection of obligations arising from consumer transactions , including
3transactions that are primarily for an agricultural purpose
.
SB3-SA1, s. 39m 4Section 39m. 427.103 (1) of the statutes is amended to read:
SB3-SA1,2,75 427.103 (1) "Claim" means any obligation or alleged obligation arising from a
6consumer transaction, including a transaction that is primarily for an agricultural
7purpose
.
SB3-SA1, s. 40m 8Section 40m. 427.104 (1) (intro.) of the statutes is amended to read:
SB3-SA1,2,129 427.104 (1) (intro.) In attempting to collect an alleged debt arising from a
10consumer credit transaction or other consumer transaction, including a transaction
11primarily for an agricultural purpose,
where there is an agreement to defer payment,
12a debt collector shall may not:".
SB3-SA1,2,1313 (End)
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