State of Illinois
91st General Assembly
Legislation

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91_SR0042sam001

 










                                             LRB9105941JSpcam

 1                  AMENDMENT TO SENATE RESOLUTION 42

 2        AMENDMENT NO.     .  Amend Senate Resolution 42  on  page
 3    1, line 15, by replacing "These" with "Some of these"; and

 4    on  page  1  by  inserting  immediately  below  line  18  the
 5    following:

 6        "WHEREAS,  Other short-term loans, commonly called "title
 7    loans", typically require the borrower to give the lender  an
 8    authorization  to  transfer  the  title to or a lien upon the
 9    title to a motor vehicle owned by the borrower  at  the  time
10    the loan is made; and"; and

11    on  page  1,  line 20, by changing "loans" to "loans or title
12    loans"; and

13    on page 1, line 26, by changing "loans" to "loans  and  title
14    loans"; and

15    on  page 1, line 29, by changing "business" to "or title loan
16    business"; and

17    on page 2, lines 1, 2, and 4, by changing "loans"  each  time
18    it appears to "loans and title loans"; and

19    on  page  2,  line  9,  by changing "loan" to "loan and title
20    loan".

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