Amendment SA2-AB665

LRBa2925/1

ARG:jld&kjf:ch

2003 - 2004 LEGISLATURE

SENATE AMENDMENT 2, TO 2003 ASSEMBLY BILL 665

March 11, 2004 - Offered by Senator Robson.

AB665-SA2,1,2 At the locations indicated, amend the bill, as shown by assembly substitute amendment 1, as follows:

AB665-SA2,1,3 1. Page 4, line 11: after that line insert:

AB665-SA2,1,6 "(d) If a payday loan provider refinances a payday loan more than 4 times, the payday loan provider shall negotiate a payment plan with the applicant to pay off the applicant's debt.".

AB665-SA2,1,7 (End)