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 15, 2026 |
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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
Gov. Mike Braun informed state employees Monday they will receive a one-time bonus in their July 29 paycheck.
Indiana Capital Chronicle
A Monroe County judge on Friday found that a law giving Gov. Mike Braun full control of Indiana University’s Board of Trustee membership is constitutional, ruling against a would-be candidate who alleged it was unjust special legislation.
Indiana Capital Chronicle
Indiana Lt. Gov. Micah Beckwith said Muslims should be banned from practicing their faith's call to prayer in public, the latest in his deluge of attacks on the world's second-largest religion.
Indianapolis Star
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