S.Amdt. 120
What it does: Rewrites page 495, line 8
Sen. Carl Levin (D-MI)What it changes
1 change to S. 256
Rewrites page 495, line 8
ReplacesPrinted pageRemoves page 495, line 8 of the printed bill. See that page
Inserted: or more consecutive months.
Inserted: "(i) Calculation of Finance Charge During Grace Period.--A creditor may not impose a finance charge with respect to any amount paid on time."
Original wording
On page 495, strike line 8, and insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 120. Mr. LEVIN (for himself and Mr. Pryor) submitted an amendment intended to be proposed by him to the bill S. 256, to amend title 11 of the United States Code, and for other purposes; which was ordered to lie on the table; as follows:
On page 495, strike line 8, and insert the following:
or more consecutive months.
“(i) Calculation of Finance Charge During Grace Period.--A creditor may not impose a finance charge with respect to any amount paid on time.”
Legislative Activity
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Senate amendment submitted
March 7, 2005