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 April 19, 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 chief budget architect for the Indiana House of Representatives outlined property tax concerns Wednesday for the next legislative session, with a focus on school referendums and the use of excess levy appeals.
Indiana Capital Chronicle
A Marion County judge has rescheduled the civil battery trial seeking damages from Republican gubernatorial candidate Curtis Hill Jr. for allegedly touching four women on their backs or buttocks without their consent during a 2018 party at an Indianapolis bar.
Northwest Indiana Times
Indiana University’s Bloomington faculty have declared no confidence in President Pamela Whitten,?Provost Rahul Shrivastav and Vice Provost Faculty and Academic Affairs Carrie Docherty.?
Indiana Public Media
Some Hoosier primary election voters will have options as the Indiana House of Representatives’ 100 seats go on the ballot. The May 7 primary boasts 26 contested GOP races and six contested Democrat ones. Eight open seats have drawn two-dozen hopefuls.
Associated Press
Indianapolis mom Alicia Smith home-schools her three children, working with another parent to organize field trips, virtual meet-ups, and community service projects.
Indianapolis Business Journal
Victoria Spartz's late entry into the 5th Congressional District primary has put her reelection chances at risk as she continues to struggle to fundraise with one month to go until election day.
Indianapolis Star
Indiana allows so few abortions that health officials stopped releasing individual reports to protect patient privacy — a move some Republicans are now fighting to reverse.
Indiana Public Media
As the six Republican candidates round the final bend before the May 7 primary in the 2024 governor’s race, Lt. Gov. Suzanne Crouch leads the pack in terms of money on hand, according to the new campaign finance reports filed Monday.
Indianapolis Business Journal
Indiana’s higher education czar celebrated some early wins in an address Monday but acknowledged the work still to be done to improve enrollment and completion of higher education degrees.
Indiana Capital Chronicle
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