SB1692ham004 97TH GENERAL ASSEMBLY

Rep. Michael J. Zalewski

Filed: 5/16/2012

09700SB1692ham004 LRB097 06688 JLS 69477 a

AMENDMENT TO SENATE BILL 1692

AMENDMENT NO. ______. Amend Senate Bill 1692, AS AMENDED, with reference to page and line numbers of House Amendment No. 2, on page 5, line 19, by replacing "loan" with "loan or a consumer credit transaction made by a natural person who provides seller financing secured by a principal residence no more than 3 times in a 12-month period, provided such consumer credit transaction is not made by a person that has constructed or acted as a contractor for the construction of the residence in the ordinary course of business of such person"; and

on page 13, line 18, by deleting "20,"; and

on page 20 by deleting lines 13 through 25; and

on page 21 by deleting lines 1 through 7; and

on page 29, line 3, by deleting "upon"; and

on page 29, line 4, by changing "becoming law" to "on January 1, 2013".