Bill Sponsors: IN SB0420 | 2018 | Regular Session

Bill Title: Credit services organizations. Amends the definition of the term "credit services organization" for purposes of the Indiana Code provisions governing credit services organizations to more closely align the definition with the definition of "credit repair organization" set forth in the federal Credit Repair Organizations Act. Makes a conforming amendment to the definition of the term "buyer" in the Indiana statute. Requires a credit services organization to do the following with respect to communications made by the credit services organization after June 30, 2018: (1) Include the complete name and address of the credit services organization on all communications. (2) Include

Spectrum: Partisan Bill (Republican 4-0)

Status: (Engrossed - Dead) 2018-02-27 - Third reading: defeated; Roll Call 256: yeas 24, nays 71 [SB0420 Detail]

Text: Latest bill text (Engrossed) [PDF]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Clyde Perfect [R]PrimarySponsored BillsSD-043FollowTheMoneyBallotpediaVoteSmart
Senator Travis Holdman [R]PrimarySponsored BillsSD-019FollowTheMoneyBallotpediaVoteSmart
Representative Charles Burton [R]PrimarySponsored BillsHD-058FollowTheMoneyBallotpediaVoteSmart
Representative Jeff Ellington [R]PrimarySponsored BillsHD-062FollowTheMoneyBallotpediaVoteSmart

Social Comments on IN SB0420

feedback