H.B.
459
UNFAIR PRACTICES ACT AMENDMENTS
house floor
Amendments
Amendment 1 February 22, 2007 10:17 am
Representative Stephen D. Clark
proposes the following amendments:
1. Page
2, Lines 29 through 39
:
29
(1) A retailer or wholesaler may not advertise, offer to sell, or sell any merchandise
30
under a credit plan that does not provide for the payment of interest if a minimum purchase
31
price is required to qualify for the plan, unless the retailer or wholesaler discloses
{
:
32
(a)
}
the minimum purchase price requirement before the sale of the merchandise
{
; and
33
(b) any interest rate to apply at the conclusion of a period where no interest is required
34
to be paid
}
.
35
(2) A retailer or wholesaler who advertises the sale of merchandise under a credit plan
36
described in Subsection (1) shall disclose in the
{
advertisement:
37
(a)
}
any minimum purchase price requirement in the advertisement
{
; and
38
(b) any interest rate to apply at the conclusion of a period where no interest is required
39
to be paid
}
.
2. Page
2, Line 43
:
43
(ii) in large type of at least
{
14
}
12
font; and
Page 1 of 1
hb0459.hfa.01.wpd
LRGC
ChrisParker
ChrisParker