HOUSE AMENDMENT

                                                Bill No. CS/HB 301

    Amendment No.     (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW

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11  Representative(s) Starks offered the following:

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13         Amendment (with title amendment) 

14         On page 2, line 25,

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16  insert:

17         Section 1.  Subsection (5) is added to section 560.309,

18  Florida Statutes, to read:

19         560.309  Rules.--

20         (5)  Check cashing consists solely of providing cash

21  for checks pursuant to the definition of "cashing" under s.

22  560.302. A check casher may not charge a customer for holding

23  a cashed check and may not seek criminal prosecution for the

24  failure of a customer to have funds in the customer's checking

25  account to cover the amount of a check on a business day

26  subsequent to the date the check is cashed.  Any agreement

27  made by any person to be subsequently reimbursed by a customer

28  either for holding a cashed check or for the amount of a check

29  that is cashed, either directly or through the depositing of a

30  held cashed check, is a loan of money and is governed by the

31  laws regulating the lending of money rather than by this

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    File original & 9 copies    04/18/00
    hbd0001                     10:15 am         00301-0034-050755




                                                   HOUSE AMENDMENT

                                                Bill No. CS/HB 301

    Amendment No.     (for drafter's use only)





 1  chapter.

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 4  ================ T I T L E   A M E N D M E N T ===============

 5  And the title is amended as follows:

 6         On page 1, line 2 after the semicolon,

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 8  insert:

 9         amending s. 560.309, F.S.; providing additional

10         rules for certain check cashing activities and

11         check cashers;

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    File original & 9 copies    04/18/00
    hbd0001                     10:15 am         00301-0034-050755