evidence_text: Rep. Liberati moved to amend the bill as follows:
  
  1. Amend page 28, line 14, after “to,” by inserting “rent or mortgage costs,”.
  
  2. Amend page 28, line 18, after “customer.” by striking out the balance of the subdivision and inserting “For purposes of this subdivision, a customer does not have the reasonable financial ability to repay the small loan if payments for the proposed small loan cause the customer to have a debt-to-income ratio higher than 41%. As used in this subdivision:
  
  ( i ) “Debt-to-income ratio” means the ratio of a customer’s total monthly debt obligations to the customer’s gross monthly income.”.
  
  3. Amend page 42, following line 12, by inserting:
  
  “Sec. 40. A licensee shall not do any of the following:
  
  (a) Enter into a tying arrangement through which the licensee conditions the sale of 1 financial service to a consumer on the agreement by the consumer to purchase 1 or more other financial services from the licensee or an affiliate or subsidiary of the licensee.
  
  (b) Knowingly permit a person to violate an order that has been issued under this act or any other financial licensing act that prohibits that person from being employed by, an agent of, or a control person of the licensee.
  
  (c) Enter into a deferred presentment service transaction without first determining and documenting that the customer has a reasonable ability to repay the loan. In determining whether the customer has a reasonable ability to repay the deferred presentment service transaction, the licensee must, at a minimum, verify the customer’s current and anticipated income and expenses, and the customer’s credit history. For purposes of this subdivision, a customer does not have the reasonable ability to repay a deferred presentment service transaction if payments for the proposed deferred presentment service transaction cause the customer to have a debt-to-income ratio higher than 41%. As used in this subdivision:
  
  ( i ) “Debt-to-income ratio” means the ratio of a customer’s total monthly debt obligations to the customer’s gross monthly income.
  
  ( ii ) “Total monthly debt obligations” consists of the sum of a customer’s rent or mortgage-related obligations, any other secured or unsecured debt obligations, and payments for child support and alimony.
  
  (d) Make, offer, assist, arrange, guarantee, or collect a deferred presentment service transaction with fees or charges that are greater than permitted under this act.
  
  (e) Engage in any device or subterfuge to evade the requirements of this act. ”.
  
  The motion did not prevail and the amendments were not adopted, a majority of the members serving not voting therefor.