Amendment AA4-AB329

LRBa1118/1

KSH:kmg:ch

1997 - 1998 LEGISLATURE

ASSEMBLY AMENDMENT 4, TO 1997 ASSEMBLY BILL 329

November 18, 1997 - Offered by Representatives R. Potter, Gronemus, Morris-Tatum, Dueholm, Coggs, Bock, Hasenohrl and Springer.

AB329-AA4,1,1 At the locations indicated, amend the bill as follows:

AB329-AA4,1,2 1. Page 1, line 9: after "from" insert "certain provisions of".

AB329-AA4,1,4 2. Page 2, line 2: after "purpose" insert ", except that these transactions are subject to ch. 427".

AB329-AA4,1,7 3. Page 2, line 12: delete that line and substitute "credit for personal, family, or household purposes or, for purposes of ch. 427 only, for agricultural purposes. A person other".

AB329-AA4,1,8 4. Page 11, line 3: after that line insert:

AB329-AA4,1,9 " Section 37. 427.102 of the statutes is amended to read:

AB329-AA4,1,12 427.102 Scope. This chapter applies to conduct and practices in connection with the collection of obligations arising from consumer transactions , including transactions that are primarily for an agricultural purpose.

AB329-AA4, s. 38 Section 38. 427.103 (1) of the statutes is amended to read:

AB329-AA4,2,3 427.103 (1) "Claim" means any obligation or alleged obligation arising from a consumer transaction, including a transaction that is primarily for an agricultural purpose.

AB329-AA4, s. 39 Section 39. 427.104 (1) (intro.) of the statutes is amended to read:

AB329-AA4,2,8 427.104 (1) (intro.) In attempting to collect an alleged debt arising from a consumer credit transaction or other consumer transaction, including a transaction primarily for an agricultural purpose, where there is an agreement to defer payment, a debt collector shall may not:".

AB329-AA4,2,9 (End)