Amend SB 317 on third reading by adding the following
appropriately numbered SECTION to the bill and renumbering
subsequent SECTIONS appropriately:
      SECTION __. (a)  Subchapter C, Chapter 346, Finance Code, is
amended by adding Section 346.206 to read as follows:
      Sec. 346.206.  CASH ADVANCE. In connection with a revolving
credit account, a creditor shall apply a payment made on the
account first to the unpaid balance of any cash advance made or
issued with respect to the account.
      (b)  Section 346.206, Finance Code, as added by this section,
applies only to a cash advance transaction made pursuant to an
open-end account credit agreement under which credit card
transactions are made that is entered into, amended, or renewed on
or after the effective date of this section.