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

Plain English Breakdown

The official source does not provide details on enforcement mechanisms or penalties for violations.

Ban on Landlord Credit Checks

This law stops landlords from making hard credit inquiries when they are considering renting to someone.

What This Bill Does

• Prohibits landlords from making a hard inquiry to a consumer reporting agency or specialty consumer reporting agency for an applicant's consumer report.
• Prevents landlords from obtaining or using tenant screening reports that include information obtained through a hard inquiry.
• Defines 'hard inquiry' as an inquiry noted on the consumer report of the applicant and negatively impacting their credit score.

Who It Names or Affects

• Landlords who want to rent out property
• People looking to rent an apartment or house

Terms To Know

Hard inquiry

An inquiry noted on the consumer report of the applicant for a period of time following the inquiry and negatively impacting their credit score.

Consumer reporting agency

An organization that collects and provides information about people's credit history to others, like landlords or lenders.

Limits and Unknowns

• The bill does not specify what happens if a landlord breaks the rules.
• It is unclear how this will be enforced in practice.

Official Summary Text

A BILL FOR AN ACT to amend the Indiana Code concerning property.
Hard credit inquiries by landlords.

Current Bill Text

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

Hard credit inquiries by landlords.

Prohibits a landlord from doing the following in connection with an applicant's application for the rental of a rental unit: (1) Making a hard inquiry to a consumer reporting agency or to a specialty consumer reporting agency for an applicant's consumer report or for information in an applicant's consumer report. (2) Obtaining or using a tenant screening report that includes information that is obtained through a hard inquiry to a consumer reporting agency or to a specialty consumer reporting agency for an applicant's consumer report or for information in an applicant's consumer report. Defines "hard inquiry" for purposes of these provisions as an inquiry that: (1) is noted on the consumer report of the applicant for a period of time following the inquiry; and (2) negatively impacts the applicant's credit score. Provides that a landlord that violates the bill's provisions commits a deceptive act that is actionable by an applicant and the attorney general under the Indiana statute concerning deceptive consumer sales.