IN HB1180 | 2011 | Regular Session

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Passed on May 16 2011 - 100% progression
Action: 2011-05-16 - Effective 07/01/2011
Text: Latest bill text (Enrolled) [HTML]

Summary

Specifies that: (1) the statute concerning first lien mortgage lending; and (2) the uniform consumer credit code; do not apply to a bona fide nonprofit entity that does not operate in a commercial context and that meets other specified criteria. Makes a technical amendment.

Tracking Information

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Title

Zero interest mortgages by nonprofit entities.

Sponsors


Roll Calls

2011-03-29 - Senate - Senate - Third reading: passed (Y: 50 N: 0 NV: 0 Abs: 0) [PASS]
2011-01-31 - House - House - Third reading: passed (Y: 98 N: 0 NV: 1 Abs: 1) [PASS]

History

DateChamberAction
2011-05-16 Effective 07/01/2011
2011-05-16 Public Law 9
2011-04-06 Signed by the Governor
2011-04-04 Signed by the President of the Senate
2011-03-31 Signed by the President Pro Tempore
2011-03-30 Signed by the Speaker
2011-03-29 Senators Delph and Holdman added as cosponsors
2011-03-29 Senators Zakas and Charbonneau added as cosponsors
2011-03-29 Returned to the House without amendments
2011-03-29 Third reading: passed; Roll Call 290: yeas 50 and nays 0
2011-03-28 Second reading: ordered engrossed
2011-03-24 Senators Steele, Mrvan, Simpson, Walker and Eckerty added as cosponsors
2011-03-24 Committee report: do pass, adopted
2011-02-17 First reading: referred to Committee on Insurance and Financial Institutions
2011-01-31 Senate sponsors: Senators Head, Broden and Landske
2011-01-31 Referred to the Senate
2011-01-31 Third reading: passed; Roll Call 51: yeas 98, nays 0
2011-01-24 Representative Riecken added as coauthor
2011-01-24 Second reading: ordered engrossed
2011-01-20 Committee report: amend do pass, adopted
2011-01-10 First reading: referred to Committee on Financial Institutions
2011-01-10 Coauthored by Representative VanNatter
2011-01-10 Authored by Representative Clere

Indiana State Sources


Bill Comments

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