Reporting of consumer loans by unlicensed lenders.
Summary
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.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2020
Committee Review
Feb 2020
Senate Passage
Feb 2020
House Passage
Governor
Introduced Jan 13, 2020
Last action Feb 11, 2020
Floor votes · Senate Feb 4, 2020
How they voted
38–2
Passed · 1 other
Total votes 41
Feb 4, 2020
D
Democratic8
87% Yea
R
Republican33
93% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
11
Key actions
2
Committee
2
Feb 5, 2020
Committee
Referred to the House
upper
Feb 4, 2020
Senate · Passed
Senate Vote: pass (38-2-1)
senate
Jan 30, 2020
Upper · Passed
Committee report: amend do pass, adopted
upper
3 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Aaron Freeman
RRepublican
P
Andy Zay
RRepublican
P
Martin Carbaugh
RRepublican
Co
Bob Heaton
RRepublican
Co
WB
Woody Burton
RRepublican
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