Indiana · 2025 Regular Session · Bill
SB 295: Licensing of collateral recovery services.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 295 is a bill introduced in the Indiana Senate on January 13, 2025. According to its official title, it concerns: Licensing of collateral recovery services. Primary sponsor: Andy Zay, Blake Doriot (Republican). It lists 1 additional sponsor. Most recent recorded action (February 6, 2025): Senator Donato added as coauthor.
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.
Renames the private investigator and security guard licensing board as the private investigator, security guard, and collateral recovery agency licensing board, and adds two additional members to the board. Establishes licensure for a collateral recovery agency. Requires a person to be licensed as a collateral recovery agency to repossess collateral, attempt to repossess collateral, hold one's self out as being in the business of repossessing collateral, or use license plate recognition. Provides certain requirements: (1) for an applicant seeking licensure as a collateral recovery agency; (2) for a licensee to maintain licensure; and (3) for a legal owner when personal effects are in or on the collateral at the time of repossession. Requires equipment used to repossess collateral to meet certain criteria. Provides that threatening a collateral recovery agency's employee is a crime under certain circumstances. Makes conforming changes.
Sponsors
Sponsors by party (alphabetical): Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Andy Zay | Primary sponsor | Not applicable (committee) | — | — |
| Blake Doriot | Primary sponsor | Republican | Senate | 12 |
| Stacey Donato | Co-sponsor | Republican | Senate | 18 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Senator Donato added as coauthor
- First reading: referred to Committee on Commerce and Technology
- Authored by Senators Doriot and Zay