Rep. Michael J. Zalewski

Filed: 5/8/2012

 

 


 

 


 
09700SB1692ham003LRB097 06688 JLS 69260 a

1
AMENDMENT TO SENATE BILL 1692

2    AMENDMENT NO. ______. Amend Senate Bill 1692, AS AMENDED,
3with reference to page and line numbers of House Amendment No.
42, on page 5, line 19, by replacing "loan" with "loan or a
5consumer credit transaction made by a natural person who
6provides seller financing secured by a principal residence no
7more than 3 times in a 12-month period, provided such consumer
8credit transaction is not made by a person that has constructed
9or acted as a contractor for the construction of the residence
10in the ordinary course of business of such person".