HB 1353

  • Indiana House Bill
  • 2020 Regular Session
  • Introduced in House
  • Passed House Feb 03, 2020
  • Passed Senate Mar 03, 2020
  • Signed by Governor Mar 18, 2020

Financial institutions and consumer credit.

Abstract

Makes various changes to the statutes concerning: (1) first lien mortgage lenders; (2) persons licensed under the Uniform Consumer Credit Code (UCCC); (3) civil proceeding advance payment providers; (4) debt management companies; (5) banks; (6) credit unions; (7) pawnbrokers; (8) money transmitters; and (9) licensed cashers of checks. Repeals a provision in the statute governing credit unions that concerns loans made by a credit union to the credit union's individual directors and committee members. Amends a provision in the statute governing credit unions that concerns loans made by a credit union to the credit union's individual officers to: (1) include extensions of credit made to the credit union's individual directors and supervisory committee members (and to the immediate family members and related interests of the credit union's individual directors and supervisory committee members); and (2) specify that such extensions of credit shall be made in accordance with Regulation O of the Board of Governors of the Federal Reserve System. Provides that an appraisal required in connection with a real estate mortgage loan to a credit union member must be: (1) a written appraisal; or (2) a written estimate of market value; consistent with the appraisal standards and transaction value limitations set forth in the appraisal regulations of the National Credit Union Administration.

Bill Sponsors (7)

Votes


Actions


Mar 30, 2020

House

Public Law 129

Mar 18, 2020

Office of the Governor

Signed by the Governor

Senate

Signed by the President of the Senate

Mar 12, 2020

Senate

Signed by the President Pro Tempore

Mar 10, 2020

House

House concurred in Senate amendments; Roll Call 346: yeas 92, nays 0

House

Signed by the Speaker

Mar 09, 2020

House

Motion to concur filed

Mar 05, 2020

Senate

Senate conferees appointed: Bassler and Ford J.D.

Senate

Senate advisors appointed: Zay and Breaux

House

Motion to dissent filed

Mar 04, 2020

Senate

Returned to the House with amendments

Mar 03, 2020

Senate

Third reading: passed; Roll Call 315: yeas 48, nays 0

Mar 02, 2020

Senate

Second reading: ordered engrossed

Feb 27, 2020

Senate

Committee report: amend do pass, adopted

Feb 17, 2020

Senate

Senator Ford J.D. added as cosponsor

Senate

Senator Zay added as second sponsor

Senate

First reading: referred to Committee on Insurance and Financial Institutions

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

Feb 04, 2020

House

Referred to the Senate

Feb 03, 2020

House

Third reading: passed; Roll Call 167: yeas 92, nays 0

House

Senate sponsor: Senator Bassler

Jan 30, 2020

House

Representatives Hamilton and Heaton added as coauthors

House

Second reading: ordered engrossed

Jan 29, 2020

House

Representative Chyung added as coauthor

Jan 28, 2020

House

Committee report: amend do pass, adopted

Jan 15, 2020

House

First reading: referred to Committee on Financial Institutions

  • Reading-1
  • Referral-Committee
financial institutions

House

Authored by Representative Burton

Bill Text

Bill Text Versions Format
Introduced House Bill (H) PDF
House Bill (S) PDF
House Bill (H) PDF
Enrolled House Bill (H) PDF

Related Documents

Document Format
Fiscal Note: HB1353.04.ENRS.FN001 PDF
Fiscal Note: HB1353.03.COMS.FN001 PDF
Fiscal Note: HB1353.03.COMS.FN002 PDF
Fiscal Note: HB1353.03.COMS.FN003 PDF
Committee Report: HB1353.02.COMH.CRS001 PDF
Fiscal Note: HB1353.02.COMH.FN001 PDF
Fiscal Note: HB1353.02.COMH.FN002 PDF
Fiscal Note: HB1353.02.COMH.FN003 PDF
Committee Amendment: HB1353.02.COMH.AMS06 PDF
Committee Report: HB1353.01.INTR.CRH001 PDF
Fiscal Note: HB1353.01.INTR.FN001 PDF
Committee Amendment: HB1353.01.INTR.AMH05 PDF

Sources

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