IN SB0415 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 14 2020 - 25% progression, died in committee
Action: 2020-01-16 - Senator Stoops added as coauthor
Pending: Senate Insurance & Financial Institutions Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 14 2020 - 25% progression, died in committee
Action: 2020-01-16 - Senator Stoops 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.
Title
Small loan finance charges.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-01-16 | Senate | Senator Stoops added as coauthor |
| 2020-01-14 | Senate | First reading: referred to Committee on Insurance and Financial Institutions |
| 2020-01-14 | Senate | Authored by Senator Melton |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2020/bills/senate/415/details |
| Text | http://iga.in.gov/static-documents/8/a/4/8/8a48b0b3/SB0415.01.INTR.pdf |
