Indiana · 2025 Regular Session · Bill
HB 1582: Small loan finance charges.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1582 is a bill introduced in the Indiana House on January 21, 2025. According to its official title, it concerns: Small loan finance charges. Primary sponsor: Carey Hamilton (Democratic). Most recent recorded action (January 21, 2025): First reading: referred to Committee on Financial Institutions.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Changes the current incremental finance charge limits that apply to a small loan to a maximum annual rate. Prohibits certain acts with respect to financing of a small loan and makes a violation a deceptive act and subject to penalties.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Carey Hamilton | Primary sponsor | Democratic | House | 87 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- First reading: referred to Committee on Financial Institutions
- Authored by Representative Hamilton