Indiana House Bill 1127 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on March 23 2016 - 100% progression
Action: 2016-03-23 - Public Law 153
Text: Latest bill text (Enrolled) [PDF]

Civil proceeding advance payment transactions. Defines a "civil proceeding advance payment transaction", or "CPAP transaction", as a nonrecourse transaction in which a person (CPAP provider) provides to a consumer claimant in a civil proceeding a funded amount, the repayment of which is: (1) required only if the consumer claimant prevails in the civil proceeding; and (2) sourced from the proceeds of the civil proceeding. Permits a CPAP provider to charge: (1) a fee not exceeding an annual rate of 36% of the funded amount; (2) a servicing charge not exceeding an annual rate of 7% of the funded amount; and

Civil proceeding advance payment transactions. Defines a "civil proceeding advance payment transaction", or "CPAP transaction", as a nonrecourse transaction in which a person (CPAP provider) provides to a consumer claimant in a civil proceeding a funded amount, the repayment of which is: (1) required only if the consumer claimant prevails in the civil proceeding; and (2) sourced from the proceeds of the civil proceeding. Permits a CPAP provider to charge: (1) a fee not exceeding an annual rate of 36% of the funded amount; (2) a servicing charge not exceeding an annual rate of 7% of the funded amount; and

Rep. Matthew Lehman [R]	Rep. Terri Jo Austin [D]	Rep. Robert Heaton [R]	Sen. Randall Head [R]
Sen. Travis Holdman [R]	Sen. Lonnie Randolph [D]	Sen. Greg Taylor [D]

2016-03-10 - House - House - Rules Suspended. Conference Committee Report 1 (Y: 63 N: 32 NV: 1 Abs: 4) [PASS]
2016-03-10 - Senate - Senate - Rules Suspended. Conference Committee Report 1 (Y: 40 N: 10 NV: 0 Abs: 0) [PASS]
2016-03-01 - Senate - Senate - Third reading (Y: 38 N: 12 NV: 0 Abs: 0) [PASS]
2016-02-22 - Senate - Senate - Committee Vote (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-02 - House - House - Third reading (Y: 60 N: 34 NV: 3 Abs: 3) [PASS]
2016-01-27 - House - House - Committee Vote (Y: 11 N: 1 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2016-03-23	House	Public Law 153
2016-03-23	House	Signed by the Governor
2016-03-17	Senate	Signed by the President of the Senate
2016-03-16	Senate	Signed by the President Pro Tempore
2016-03-15	House	Signed by the Speaker
2016-03-10	House	CCR # 1 filed in the House
2016-03-10	House	Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 453: yeas 63, nays 32
2016-03-10	Senate	Rules Suspended. Conference Committee Report 1: adopted by the Senate; Roll Call 417: yeas 40, nays 10
2016-03-10	Senate	CCR # 1 filed in the Senate
2016-03-03	Senate	Senate advisors appointed: Holdman, Randolph Lonnie M and Steele
2016-03-03	Senate	Senate conferees appointed: Head and Taylor
2016-03-03	House	House advisors appointed: Heaton, Washburne, DeLaney and Moed
2016-03-03	House	House conferees appointed: Lehman and Austin
2016-03-02	House	House dissented from Senate Amendments
2016-03-02	House	Motion to dissent filed
2016-03-02	Senate	Returned to the House with amendments
2016-03-01	Senate	Senator Taylor added as cosponsor
2016-03-01	Senate	Third reading: passed; Roll Call 262: yeas 38, nays 12
2016-02-25	Senate	Amendment #1 (Head) prevailed; voice vote
2016-02-25	Senate	Second reading: amended, ordered engrossed
2016-02-23	Senate	Committee report: amend do pass, adopted
2016-02-22	Senate	Senator Randolph added as cosponsor
2016-02-08	Senate	First reading: referred to Committee on Civil Law
2016-02-03	House	Referred to the Senate
2016-02-02	House	Senate sponsors: Senators Head and Holdman
2016-02-02	House	Third reading: passed; Roll Call 133: yeas 60, nays 34
2016-02-01	House	Second reading: ordered engrossed
2016-01-28	House	Committee report: amend do pass, adopted
2016-01-26	House	Representative Heaton added as coauthor
2016-01-11	House	Representative Austin added as coauthor
2016-01-07	House	First reading: referred to Committee on Financial Institutions
2016-01-07	House	Authored by Representative Lehman

Type	Source
Summary	https://iga.in.gov/legislative/2016/bills/house/1127/details
Text	http://iga.in.gov/static-documents/3/c/e/7/3ce7f412/HB1127.01.INTR.pdf
Text	http://iga.in.gov/static-documents/0/8/e/9/08e9e3cc/HB1127.01.INTR.pdf
Text	http://iga.in.gov/static-documents/3/c/2/e/3c2e212a/HB1127.02.COMH.pdf
Text	http://iga.in.gov/static-documents/6/8/7/1/6871105a/HB1127.02.COMH.pdf
Text	http://iga.in.gov/static-documents/7/b/d/2/7bd28f46/HB1127.03.COMS.pdf
Text	http://iga.in.gov/static-documents/f/b/c/4/fbc47f8c/HB1127.03.COMS.pdf
Text	http://iga.in.gov/static-documents/9/8/8/4/9884c741/HB1127.04.ENGS.pdf
Text	http://iga.in.gov/static-documents/a/5/2/9/a5294744/HB1127.04.ENGS.pdf
Text	http://iga.in.gov/static-documents/1/5/4/3/15434a51/HB1127.05.ENRS.pdf
Roll Call	http://iga.in.gov/static-documents/5/e/7/a/5e7a9b82/HB1127.01.INTR.pdf
Roll Call	http://iga.in.gov/static-documents/b/1/d/d/b1dd7d8d/HB1127.133.pdf
Roll Call	http://iga.in.gov/static-documents/a/f/4/a/af4a3fb3/HB1127.02.COMH.pdf
Roll Call	http://iga.in.gov/static-documents/9/3/c/f/93cf27bc/HB1127.262.pdf
Roll Call	http://iga.in.gov/static-documents/b/8/0/a/b80a295e/HB1127.417.pdf
Roll Call	http://iga.in.gov/static-documents/8/6/1/6/861660a8/HB1127.453.pdf