IN SB0026 | 2020 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 6 2020 - 25% progression, died in committee
Action: 2020-01-21 - Senator Lanane added as coauthor
Pending: Senate Insurance & Financial Institutions Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 6 2020 - 25% progression, died in committee
Action: 2020-01-21 - Senator Lanane added as coauthor
Pending: Senate Insurance & Financial Institutions 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 making, or taking other actions with respect to, a small loan with a greater rate or amount of interest, or other fees and charges, than allowed under the statute governing small loans. Prohibits a credit services organization from providing certain functions with respect to a small loan and makes a violation a deceptive act.
Title
Small loan finance charges.
Sponsors
Sen. Greg Walker [R] | Sen. Mike Bohacek [R] | Sen. J.D. Ford [D] | Sen. Dennis Kruse [R] |
Sen. Timothy Lanane [D] |
History
Date | Chamber | Action |
---|---|---|
2020-01-21 | Senate | Senator Lanane added as coauthor |
2020-01-21 | Senate | Senator Bohacek added as second author |
2020-01-14 | Senate | Senators Ford J.D. and Kruse added as coauthors |
2020-01-06 | Senate | First reading: referred to Committee on Insurance and Financial Institutions |
2020-01-06 | Senate | Authored by Senator Walker |
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2020/bills/senate/26/details |
Text | http://iga.in.gov/static-documents/d/c/1/5/dc15524e/SB0026.01.INTR.pdf |