KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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SB169 • 2026

A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.

A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Senator Scott Baldwin
Last action
2026-03-05
Official status
Enrolled Senate Bill (S)
Effective date
Not listed

Plain English Breakdown

The official source material does not provide detailed information about updates to other parts of the law beyond conforming changes to cross-references.

Indiana Consumer Lending Law Reorganization

This law reorganizes Indiana's consumer lending laws by removing old rules and placing them in a new section of the state code.

What This Bill Does

  • Removes existing statutes governing first lien mortgage lending, small loans, mortgage rescue protection fraud, home loan practices, and the Uniform Consumer Credit Code.
  • Moves these removed statutes into a new part of Indiana's law book called Title 37, which is about consumer lending.
  • Ensures that the structure and organization of the recodified statutes follow rules set by the state’s drafting manual.

Who It Names or Affects

  • People who take out loans or mortgages in Indiana
  • Financial institutions and companies that offer consumer lending services

Terms To Know

Repeal
To cancel a law so it is no longer active.
Recodify
To rewrite and organize laws into a new format or place in the legal code.

Limits and Unknowns

  • The exact details of how consumer lending will work under the new rules are not clear from this summary.
  • It is unclear what specific changes were made to cross-references within other parts of Indiana's laws.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

SB0169.01.INTR.AMS01

Committee Introduced Senate Bill (S) • Senator Scott Baldwin

Filed

Plain English: This amendment reorganizes parts of Indiana's consumer lending laws.

  • The amendment changes the structure and organization of existing consumer lending laws in Indiana.
  • The exact details of how the laws will be reorganized are not provided, so it is unclear what specific sections or clauses will change.
SB0169.02.COMS.AMH03

Committee Senate Bill (H) • Representative Jake Teshka

Filed

Plain English: The amendment proposes to add details about how a new trade regulation law in Indiana will be put into practice.

  • Adds information on the implementation of a new trade regulation law.
  • The text does not provide specific details about what exactly needs to be implemented, only that it is related to an existing bill (SB169).

Bill History

  1. 2026-03-05 Senate

    Signed by the Governor

  2. 2026-03-05 Senate

    Public Law 115

  3. 2026-02-27 Senate

    Signed by the President Pro Tempore

  4. 2026-02-27 House

    Signed by the Speaker

  5. 2026-02-27 Senate

    Signed by the President of the Senate

  6. 2026-02-25 Senate

    Senate concurred with House amendments; Roll Call 278: yeas 46, nays 0

  7. 2026-02-24 House

    Returned to the Senate with amendments

  8. 2026-02-24 Senate

    Motion to concur filed

  9. 2026-02-23 House

    Third reading: passed; Roll Call 305: yeas 93, nays 1

  10. 2026-02-19 House

    Second reading: ordered engrossed

  11. 2026-02-17 House

    Committee report: amend do pass, adopted

  12. 2026-01-28 House

    First reading: referred to Committee on Financial Institutions

  13. 2026-01-23 Senate

    Referred to the House

  14. 2026-01-22 Senate

    Third reading: passed; Roll Call 53: yeas 43, nays 1

  15. 2026-01-22 Senate

    House sponsor: Representative Teshka

  16. 2026-01-20 Senate

    Second reading: ordered engrossed

  17. 2026-01-15 Senate

    Committee report: amend do pass, adopted

  18. 2026-01-15 Senate

    Senator Randolph added as coauthor

  19. 2026-01-05 Senate

    Authored by Senator Baldwin

  20. 2026-01-05 Senate

    First reading: referred to Committee on Insurance and Financial Institutions

Official Summary Text

A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.
Reorganization of consumer lending laws.

Current Bill Text

Read the full stored bill text 
A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.

Reorganization of consumer lending laws.

Repeals the statutes governing first lien mortgage lending, small loans, mortgage rescue protection fraud, and home loan practices and the Uniform Consumer Credit Code. Recodifies the repealed statutes in a new title of the Indiana Code concerning consumer lending (Title 37). Conforms the structure and organization of the recodified statutes to the requirements of the general assembly's drafting manual. Makes conforming changes to cross-references.