Sec. 2. Assignment of earnings defined
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Section 302 of the Consumer Credit Protection Act ( 15 U.S.C. 1672 ) is amended by adding at the end the following: The term assignment — means a contractual agreement that constitutes or contains an assignment (as described in section 444.2(a)(3) of title 16, Code of Federal Regulations), including an assignment that is revocable at the will of the individual; and does not include an assignment described in paragraph
(ii)or
(iii)of section 444.2(a)(3) of title 16, Code of Federal Regulations. .
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Sec. 2
Assignment of earnings defined
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