HB1582: A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.
Page last updated: Sunday, April 20, 2025 at 7:53 PM (America/Indianapolis).
General Information
- Stage: Introduced House Bill (H)
- Current Chamber: house
- Origin Chamber: house
- Description: Small loan finance charges.
Legislators
Authors (1)
Coauthors (0)
Sponsors (0)
Cosponsors (0)
Advisors (0)
Conferees (0)
Actions (2 total)
- Jan 21, 2025, 11:32 AM: First reading: referred to Committee on Financial Institutions
- Jan 21, 2025, 11:32 AM: Authored by Representative Hamilton
Digest
Changes the current incremental finance charge limits that apply to a small loan to a maximum annual rate. Prohibits certain acts with respect to financing of a small loan and makes a violation a deceptive act and subject to penalties.