Page:United States Statutes at Large Volume 85.djvu/709

 85

STAT.]

PUBLIC

LAW 92-200-DEC. 17, 1971

679

" (1) 25 per centum of his disposable wages that week, or "(2) the amount by which his disposable wages for that week exceed thirty times the Federal minimum hourly wage prescribed by section 6(a)(1) of the Fair Labor Standards Act of 1938 (29 U.S.C. 206) in effect at the time the wages are payable, whichever is less. I n the case of wages for any pay period other than a week, the Commissioner of the District of Columbia shall by regulation prescribe a multiple of the Federal minimum hourly wage equivalent in effect to that set forth in paragraph (2)." SEC. 7. Subchapter III of chapter 5 of title 16, District of Columbia Code, is amended by adding the following sections:

so Stat. 838.

^'' Stat. 554. D.C, Code 16"

"§ 16-583. No garnishment before judgment 571. "Notwithstanding any other provision of law, prior to entry of judgment in an action against a debtor, the creditor may not obtain an interest in any property of the debtor by attachment, garnishment, or like proceedings. "§16-584. No discharge from employment for garnishment "No employer shall discharge an employee for the reason that a creditor of the employee has subjected or attempted to subject unpaid earnings of the employee to garnishment or like proceedings directed to the employer for the purpose of paying a judgment." SEC. 8. (a) The analysis of chapter 33 of title 28 of subtitle II, District of Columbia Code, is amended by adding at the end thereof the following new item: "28-3308. Finance charge on direct installment loans."

(b) The analysis of subtitle II of title 28, District of Columbia Code, is amended by adding at the end thereof the following new items: "36. Direct Motor Vehicle Installment Loans "37. Revolving Credit Accounts "38. Consumer Protections

28-3601. 28-3701. 28-3801."

(c) The analysis of subchapter III of chapter 5 of title 16, District of Columbia Code, is amended by adding at the end thereof the following new items: "16-583. No garnishment before judgment. "16-584. No discharge from employment for garnishment."

SEC. 9. (a) The Act of February 4, 1913 (relating to the regulation ^ Money lenders.. ^ of the business of loaning money in the District of Columbia) (D.C. Code, secs. 26-601—26-611), is amended by adding at the end of that 37 Stat. 657; 77 Stat. 344. Act the lollowing: "SEC. 14. (a) No provision of this Act shall apply with respect to any loan, or to the making of any loan— "(1) to any corporation which is unable to plead any statutes against usury in any action; " (2) at a rate of interest which does not exceed the maximum lawf ul rate of interest which would be applicable to such loan but for the provisions of this Act; "(3) secured on real estate located outside of the District of Columbia; "(4) to a borrower residing, doing business, or incorporated outside of the District of Columbia; or " (5) greater than $10,000. " (b) If any provision of this section or the application thereof to any person or circumstance, is held invalid, the remainder of the section, and the application of such provision to other persons or circumstances shall not be affected thereby."

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