IN HB1070 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 4 2017 - 25% progression, died in committee
Action: 2017-01-04 - First reading: referred to Committee on Financial Institutions
Pending: House Financial Institutions Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 4 2017 - 25% progression, died in committee
Action: 2017-01-04 - First reading: referred to Committee on Financial Institutions
Pending: House Financial Institutions Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Consumer credit delinquency charges. Strikes provisions in the Uniform Consumer Credit Code (UCCC) that provide that, with respect to a consumer credit sale or a consumer loan, a delinquency charge may not be collected on an installment or payment due that is paid in full within 10 days after its scheduled due date even though an earlier maturing installment, minimum payment, or delinquency charge may not have been paid in full.
Title
Consumer credit delinquency charges. Strikes provisions in the Uniform Consumer Credit Code (UCCC) that provide that, with respect to a consumer credit sale or a consumer loan, a delinquency charge may not be collected on an installment or payment due that is paid in full within 10 days after its scheduled due date even though an earlier maturing installment, minimum payment, or delinquency charge may not have been paid in full.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-01-04 | House | First reading: referred to Committee on Financial Institutions |
| 2017-01-04 | House | Authored by Representative Burton |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2017/bills/house/1070/details |
| Text | http://iga.in.gov/static-documents/1/f/e/0/1fe0baa5/HB1070.01.INTR.pdf |
