71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
HA to A-Eng. SB 755
 
LC 546/SB 755-A7
 
                       HOUSE AMENDMENTS TO
                   A-ENGROSSED SENATE BILL 755
 
             By COMMITTEE ON ADVANCING E-GOVERNMENT
 
                             May 25
 
  On page 1 of the printed A-engrossed bill, line 2, delete '
and' and after '167.117' insert '; and declaring an emergency'.
  Delete lines 20 through 26 and insert:
  '  { +  SECTION 3. + }  { + Notwithstanding any other provision
of law, a creditor, credit card issuer, financial institution,
operator of a terminal at which an electronic funds transfer may
be initiated, money transmission business or any national,
regional or local network utilized to effect a credit
transaction, electronic funds transfer or money transmission
service that is not liable under section 2 of this 2001 Act:
  ' (1) May collect on any debt arising out of activities that
are illegal under section 2 of this 2001 Act;
  ' (2) Shall not be deemed to be participating in any activities
that are illegal under section 2 of this 2001 Act by reason of
their processing transactions arising out of such activities or
collecting debts arising out of such activities; and
  ' (3) Shall not be liable under any provision of ORS 166.715 to
166.735 or 646.605 to 646.652 by reason of their processing
transactions arising out of activities that are illegal under
section 2 of this 2001 Act or collecting debts arising out of
such activities. + } ' .
  On page 2, delete lines 1 through 6.
  On page 6, line 12, delete the period and insert 'and to debts
occurring prior to the effective date of this 2001 Act that have
not been determined by a court to be uncollectible, unlawful or
illegal.
  '  { +  SECTION 9. + }  { + This 2001 Act being necessary for
the immediate preservation of the public peace, health and
safety, an emergency is declared to exist, and this 2001 Act
takes effect on its passage. + } ' .
                         ----------