IN HB1159 | 2022 | Regular Session

Indiana House Bill 1159 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 6 2022 - 25% progression, died in committee
Action: 2022-01-11 - Representative Klinker added as coauthor
Pending: House Financial Institutions and Insurance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Small loan finance charges. Changes the current incremental finance charge limits that apply to a small loan to a maximum annual rate. Prohibits certain acts with respect to financing of a small loan and makes a violation a deceptive act and subject to penalties.

Title

Small loan finance charges.

History

Date	Chamber	Action
2022-01-11	House	Representative Klinker added as coauthor
2022-01-06	House	First reading: referred to Committee on Financial Institutions and Insurance
2022-01-06	House	Authored by Representative Hamilton

Indiana State Sources

Type	Source
Summary	https://iga.in.gov/legislative/2022/bills/house/1159/details
Text	http://iga.in.gov/static-documents/f/7/e/b/f7eb0454/HB1159.01.INTR.pdf
Supplement	http://iga.in.gov/static-documents/0/7/6/0/07606215/HB1159.01.INTR.FN001.pdf