SB 184

  • Indiana Senate Bill
  • 2021 Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Small loan finance charges.

Abstract

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.

Bill Sponsors (7)

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Jan 26, 2021

Senate

Senator Grooms added as second author

Senate

Senator Alting added as coauthor

Senate

Senator Breaux added as coauthor

Senate

Senators Kruse and Melton added as coauthors

Jan 25, 2021

Senate

Senator Ford J.D. added as coauthor

Jan 05, 2021

Senate

First reading: referred to Committee on Insurance and Financial Institutions

  • Reading-1
  • Referral-Committee
insurance and financial institutions

Senate

Authored by Senator Walker G

Bill Text

Bill Text Versions Format
Introduced Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0184.01.INTR.FN001 PDF

Sources

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