summary
Introduced
01/16/2025
01/16/2025
In Committee
01/16/2025
01/16/2025
Crossed Over
Passed
Dead
04/24/2025
04/24/2025
Introduced Session
2025 Regular Session
Bill Summary
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.
AI Summary
This bill introduces new regulations for landlords in Indiana regarding credit inquiries during tenant applications. Specifically, the bill prohibits landlords from making "hard inquiries" to consumer reporting agencies or specialty consumer reporting agencies for an applicant's consumer report. A "hard inquiry" is defined as a credit check that is recorded on the applicant's credit report and negatively impacts their credit score. The bill defines key terms such as "consumer report" (a communication about a consumer's creditworthiness), "consumer reporting agency" (an organization that assembles consumer credit information), and "tenant screening report" (a report describing an applicant's credit, rental, or criminal history). Landlords who violate these provisions will be considered to have committed a deceptive act, which can be challenged by the applicant or the attorney general under Indiana's consumer protection laws. The bill is set to take effect on July 1, 2025, and aims to protect potential renters from credit inquiries that could harm their credit scores during the rental application process.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
First reading: referred to Committee on Local Government (on 01/16/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://iga.in.gov/legislative/2025/bills/senate/537/details |
| BillText | https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0537/SB0537.01.INTR.pdf |
| Fiscal Note #1: Introduced | https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0537/fiscal-notes/SB0537.01.INTR.FN001.pdf |
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