Priority Legislation Report
Prosperity Indiana
202 East Market Street, Indianapolis, IN 46204
www.prosperityindiana.org |
| Prepared by: Kathleen Lara |
| E-mail: klara@prosperityindiana.org |
| Report created on July 27, 2024 |
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| HB1104 | HOUSING AND COMMUNITY DEVELOPMENT AUTHORITY. (CLERE E) Repeals the laws governing the microenterprise partnership program fund and microenterprise partnership program. Requires the governing body of an eligible entity to notify the Indiana housing and community development authority of the creation of an affordable housing fund. Replaces the member of the low income housing trust fund advisory committee appointed by and representing the Indianapolis Coalition for Neighborhood Development with one member appointed by and representing the Indiana housing and community development authority. |
| | Current Status: | 3/30/2020 - Public Law 17
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| | State Bill Page: | HB1104 |
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| SB395 | UNIFORM CONSUMER CREDIT CODE. (BASSLER E) Amends the Uniform Consumer Credit Code (UCCC) as follows: (1) Changes: (A) from July 1 of each even-numbered year to January 1 of each odd-numbered year the effective date for the adjustment, based on changes in the Consumer Price Index, of various dollar amounts set forth in the UCCC; and (B) the corresponding date that precedes the adjustment date and by which the department of financial institutions (department) must issue an emergency rule announcing the adjustment. (2) For an agreement for a consumer credit sale entered into after June 30, 2020: (A) authorizes a seller to contract for and receive a nonrefundable prepaid finance charge based on the amount financed, in addition to the credit service charge and any other authorized charges and fees; and (B) prohibits precomputed consumer credit sales. (3) Repeals a provision concerning the credit service charge for revolving charge accounts and relocates the language to the provision concerning the authorized credit service charge for consumer sales. (4) For an agreement for a consumer loan entered into after June 30, 2020: (A) changes the amount of the authorized nonrefundable prepaid finance charge from $50 to an amount that is not more than: (i) $75; (ii) $150; or (iii) $200; based on the amount financed, in the case of a consumer loan not secured by an interest in land; and (B) prohibits precomputed consumer loans. Makes conforming changes with respect to supervised loans. Changes from $1.50 to $3 the amount of the fee that a lessor in a rental purchase agreement may impose for accepting rental payments by telephone. Makes conforming technical amendments throughout the UCCC to reflect the bill's changes. |
| | Current Status: | 3/18/2020 - Public Law 85
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| | State Bill Page: | SB395 |
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Week In Review
The Indiana Department of Transportation (INDOT) will begin piloting camera speed limit enforcement in Hoosier highway construction zones next month, the agency announced Wednesday.
Indiana Capital Chronicle
In defense of its lawsuit against the state health department, a South Bend-based anti-abortion group doubled down in new court filings that related medical records do not compromise patient privacy and should be made available to the public.
Indiana Capital Chronicle
FORT WAYNE, Ind. — While Vice President Kamala Harris spoke in Indianapolis on Wednesday, former President Trump’s pick to be his vice president visited Indiana’s second-largest city.
WIBC
Vice President Kamala Harris previewed her presidential campaign’s focus on women’s reproductive rights and social and economic equality during her remarks Wednesday afternoon at the Zeta Phi Beta Inc. Grand Boule conference in downtown Indianapolis.
Indianapolis Business Journal
The Indiana Department of Education is still considering sweeping changes to the state’s high school graduation requirements that will create two new diplomas and get rid of all existing diplomas — including academic honors. Students, parents and teachers continue to raise concerns over the new diplomas’ rigor and the courses that will be offered.
Indiana Public Media
Across the state, students are heading back to school soon. Students in Beech Grove and Warren Township start classes this week, followed by the rest of Marion County’s districts next week.
Chalkbeat Indiana
A project 20 years in the making will be completed next August as INDOT plans to open the I-69/I-465 interchange on the south side of Indianapolis.
WIBC
Joe Donnelly — who until this month served as U.S. Ambassador to the Vatican — will chair the Hoosier delegation to the Democratic National Convention (DNC) next month, the Indiana Democratic Party announced Monday.
Indiana Capital Chronicle
Indiana’s reserves will hit a post-pandemic low after years of above-average returns due largely to a Medicaid forecast miss of nearly $1 billion, according to fiscal statements released Tuesday.
Indiana Capital Chronicle
The Indiana Democratic Party quickly endorsed Vice President Kamala Harris as President Joe Biden’s successor on Sunday, while key Republicans reacted by calling on Biden to step down immediately.
Indianapolis Business Journal
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