Indiana House Bill 1353 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on March 30 2020 - 100% progression
Action: 2020-03-30 - Public Law 129
Text: Latest bill text (Enrolled) [PDF]

Financial institutions and consumer credit. 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.

Financial institutions and consumer credit.

Rep. Charles Burton [R]	Rep. Chris Chyung [D]	Rep. Carey Hamilton [D]	Rep. Robert Heaton [R]
Sen. Eric Bassler [R]	Sen. Andy Zay [R]	Sen. J.D. Ford [D]

2020-03-10 - House - House - House concurred in Senate amendments (Y: 92 N: 0 NV: 0 Abs: 8) [PASS]
2020-03-03 - Senate - Senate - Third reading (Y: 48 N: 0 NV: 2 Abs: 0) [PASS]
2020-02-26 - Senate - Senate - Committee Vote (Y: 6 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-03 - House - House - Third reading (Y: 92 N: 0 NV: 1 Abs: 7) [PASS]
2020-01-28 - House - House - Committee Vote (Y: 12 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2020-03-30	House	Public Law 129
2020-03-18	House	Signed by the Governor
2020-03-18	Senate	Signed by the President of the Senate
2020-03-12	Senate	Signed by the President Pro Tempore
2020-03-10	House	Signed by the Speaker
2020-03-10	House	House concurred in Senate amendments; Roll Call 346: yeas 92, nays 0
2020-03-09	House	Motion to concur filed
2020-03-05	Senate	Senate advisors appointed: Zay and Breaux
2020-03-05	Senate	Senate conferees appointed: Bassler and Ford J.D.
2020-03-05	House	Motion to dissent filed
2020-03-04	Senate	Returned to the House with amendments
2020-03-03	Senate	Third reading: passed; Roll Call 315: yeas 48, nays 0
2020-03-02	Senate	Second reading: ordered engrossed
2020-02-27	Senate	Committee report: amend do pass, adopted
2020-02-17	Senate	Senator Ford J.D. added as cosponsor
2020-02-17	Senate	Senator Zay added as second sponsor
2020-02-17	Senate	First reading: referred to Committee on Insurance and Financial Institutions
2020-02-04	House	Referred to the Senate
2020-02-03	House	Senate sponsor: Senator Bassler
2020-02-03	House	Third reading: passed; Roll Call 167: yeas 92, nays 0
2020-01-30	House	Representatives Hamilton and Heaton added as coauthors
2020-01-30	House	Second reading: ordered engrossed
2020-01-29	House	Representative Chyung added as coauthor
2020-01-28	House	Committee report: amend do pass, adopted
2020-01-15	House	First reading: referred to Committee on Financial Institutions
2020-01-15	House	Authored by Representative Burton

Type	Source
Summary	https://iga.in.gov/legislative/2020/bills/house/1353/details
Text	http://iga.in.gov/static-documents/0/3/f/e/03fe0d43/HB1353.01.INTR.pdf
Text	http://iga.in.gov/static-documents/b/9/a/1/b9a1a2af/HB1353.02.COMH.pdf
Text	http://iga.in.gov/static-documents/3/3/5/c/335c9b37/HB1353.02.COMH.pdf
Text	http://iga.in.gov/static-documents/8/c/7/5/8c75b663/HB1353.03.COMS.pdf
Text	http://iga.in.gov/static-documents/8/e/9/0/8e901f0c/HB1353.03.COMS.pdf
Text	http://iga.in.gov/static-documents/f/7/6/1/f761904d/HB1353.04.ENRS.pdf
Roll Call	http://iga.in.gov/static-documents/c/c/3/3/cc33c444/HB1353.01.INTR.02.pdf
Roll Call	http://iga.in.gov/static-documents/9/c/6/c/9c6ceeb5/HB1353.167_H.pdf
Roll Call	http://iga.in.gov/static-documents/b/4/b/d/b4bd94a6/HB1353.02.COMH.00.pdf
Roll Call	http://iga.in.gov/static-documents/b/b/4/3/bb437521/HB1353.315_S.pdf
Roll Call	http://iga.in.gov/static-documents/2/d/2/f/2d2f72e7/HB1353.346_H.pdf