1161rb

    On page 2, line 17, of the printed bill, delete "and".

    On page 2, line 18, after "company" insert "; and

            (6)    Any federal agricultural mortgage corporation or any entity chartered or operating under the Farm Credit Act of 1971".

    On page 7, line 1, of the printed bill, delete everything after "license" .

    On page 7, delete line 2.

    On page 7, line 3, delete everything before ". The licensee" .

    On page 8, line 6, after "lending" insert ", or consumer lines of credit".

    On page 9, line 17, delete "twenty-four" and insert "two hundred".

    On page 10, line 9, after "on-site" insert "or off-site".

    On page 10, line 9, delete "The".

    On page 10, delete lines 10 and 11.

    On page 10, line 12, delete everything before "The" .

    On page 11, line 1, delete "and".

    On page 11, line 3, before "." insert "; and

            (8)    A statement for each billing cycle that clearly shows how long it will take to pay off the balance owed and the total cost to the consumer if the consumer only pays the three percent minimum payment required in section 10 of this Act"

    On page 11, line 5, after "." insert "A violation of this section is a Class 2 misdemeanor.".

    On page 12, line 9, delete "two" and insert "three".

    On page 14, line 22, after "54-4" insert ", unless the licensee is in the business of lending money as defined in chapter 54-4".