Amendment 2025-1811s to HB382 (2025)

(Second New Title) repealing the requirement that vehicle funding loan contracts have successive periodic payments that are substantially equal in amount.


Revision: April 29, 2025, 3:02 p.m.

Senate Commerce

April 29, 2025

2025-1811s

09/07

 

 

Amendment to HB 382

 

Amend the title of the bill by replacing it with the following:

 

AN ACT repealing the requirement that vehicle funding loan contracts have successive periodic payments that are substantially equal in amount.

 

Amend the bill by replacing all after the enacting clause with the following:

 

1  Repeal.  RSA 361-A:17, VI(c), relative to the requirement that vehicle funding loan contracts have successive periodic payments that are substantially equal in amount, is repealed.

2  Effective Date.  This act shall take effect 60 days after its passage.

2025-1811s

AMENDED ANALYSIS

 

This bill repeals the requirement that vehicle funding loan contracts have successive periodic payments that are substantially equal in amount.