IN SB0327 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Republican 5-0)
Status: Engrossed on February 5 2020 - 50% progression, died in committee
Action: 2020-02-11 - First reading: referred to Committee on Financial Institutions
Pending: House Financial Institutions Committee
Text: Latest bill text (Amended) [PDF]

Summary

Reporting of consumer loans by unlicensed lenders. Requires a person, with certain exceptions, that is not required to be licensed with the department under the Uniform Consumer Credit Code to report to the department certain information concerning each consumer loan made to a debtor who is a resident of Indiana by the person after June 30, 2020. Authorizes the department to adopt rules to implement these provisions.

Tracking Information

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Title

Reporting of consumer loans by unlicensed lenders.

Sponsors


Roll Calls

2020-02-04 - Senate - Senate - Third reading (Y: 47 N: 2 NV: 0 Abs: 1) [PASS]
2020-01-29 - Senate - Senate - Committee Vote (Y: 6 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2020-02-11HouseFirst reading: referred to Committee on Financial Institutions
2020-02-05SenateReferred to the House
2020-02-04SenateCosponsors: Representatives Heaton and Burton
2020-02-04SenateHouse sponsor: Representative Carbaugh
2020-02-04SenateThird reading: passed; Roll Call 165: yeas 47, nays 2
2020-02-03SenateSenator Freeman added as second author
2020-02-03SenateSecond reading: ordered engrossed
2020-01-30SenateCommittee report: amend do pass, adopted
2020-01-13SenateFirst reading: referred to Committee on Insurance and Financial Institutions
2020-01-13SenateAuthored by Senator Zay

Indiana State Sources


Bill Comments

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