S E N A T E A M E N D M E N T
AMENDMENT NO. _____
ALLEN/NEWBOULT
CREATEDATE \@ "MMMM d, yyyy" \* MERGEFORMAT April 22, 2025
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Clerk of the Senate
ADOPTION NO. _____
BILL NO: H.4025 (Reference is to Printer's Date 04/22/25-S.)
04572000
Senator CLIMER proposes the following amendment (SA\4025C005.JN.SA25.DOCX):
Amend the bill, as and if amended, Part IB, Section 79, BOARD OF FINANCIAL INSTITUTIONS, page 450, after line 5, by adding an appropriately numbered new proviso to read:
/(FI: Database Funding) The Consumer Finance Division of the Board of Financial Institutions shall use carried forward dollars to fund the deferred presentment transaction database and shall promulgate regulations regarding the fee to fund the system, and, if necessary, the cost of any fee increase must be divided equally between the lender and the borrower. /
Renumber sections to conform.
Amend sections, totals and title to conform.