5160-S2.E AMH BARK MORI 041
E2SSB 5160 - H AMD TO HHSV COMM AMD (H-1400.1/21) 624
By Representative Barkis
WITHDRAWN 04/08/2021
On page 4, line 16 of the striking amendment, after "debt" insert "unless the repayment plan will take more than 18 months to complete. If the repayment plan will take more than 18 months to complete, the landlord may present a repayment plan that exceeds monthly payments equal to one-third of the monthly rental charges provided that the repayment plan is for no less than 18 months and each monthly payment is lower in each earlier month than in each later month of the repayment plan."
| EFFECT: Allows the monthly payments in the repayment plan to exceed one-third of the monthly rent if the repayment plan will take more than 18 months to complete. Allows a repayment plan that will be completed in more than 18 months to include payments that exceed one-third of the monthly rent only if each monthly payment is lower in each earlier month than in each later month of the repayment plan.
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