Fabio
86 lines
5.5 KiB
Markdown
86 lines
5.5 KiB
Markdown
---
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type: "Bill"
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title: "Secretary of state securities division matters."
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description: "Allows the Indiana securities commissioner to request additional information for determining whether a franchise offer or sale is exempt from registration requirements. Provides that a continuing care retirement community's annual disclosure statement must be filed not later than 12 months following the end of its fiscal year. Provides that an individual may not engage in loan processing activities unless certain requirements have been met. Provides that a registered mortgage loan originator is not required to obtain a license under the law governing loan brokers. Provides that the securities division may discipline an individual who fails to comply with disclosure requirements. Amends the law on the licensing of collection agencies by adding a definition of \"branch office\" and providing that it is unlawful to operate a branch office without meeting certain requirements or to fail to comply with certain disclosure requirements."
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jurisdiction: "us/states/in"
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legislature: "Indiana General Assembly"
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session: "2021"
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identifier: "HB 1462"
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citation: "Indiana HB 1462 (2021)"
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classification: ["bill"]
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subjects: ["FINANCIAL INSTITUTIONS", "INSURANCE generally", "SECRETARY OF STATE"]
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status: "enacted"
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primary_sponsors: ["Jack Sandlin", "Robert Heaton", "Travis Holdman"]
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version_count: 4
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action_count: 20
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vote_count: 1
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first_action: "2021-01-14"
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last_action: "2021-04-29"
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source: "openstates"
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source_identifier: "ocd-bill/e5754fa1-d2a0-4b16-b81a-4c162a74f268"
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source_url: "http://iga.in.gov/legislative/2021/bills/house/1462"
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source_hash: "8d06c83719abc4c174e11cb98d5ada895242e3f27536306268cd09886c7d9315"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-in"]
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---
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# Indiana HB 1462 (2021) — Secretary of state securities division matters.
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Allows the Indiana securities commissioner to request additional information for determining whether a franchise offer or sale is exempt from registration requirements. Provides that a continuing care retirement community's annual disclosure statement must be filed not later than 12 months following the end of its fiscal year. Provides that an individual may not engage in loan processing activities unless certain requirements have been met. Provides that a registered mortgage loan originator is not required to obtain a license under the law governing loan brokers. Provides that the securities division may discipline an individual who fails to comply with disclosure requirements. Amends the law on the licensing of collection agencies by adding a definition of "branch office" and providing that it is unlawful to operate a branch office without meeting certain requirements or to fail to comply with certain disclosure requirements.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Enrolled House Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2021/bills/HB1462/versions/HB1462.04.ENRS)
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2. **House Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2021/bills/HB1462/versions/HB1462.02.COMH)
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3. **House Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2021/bills/HB1462/versions/HB1462.03.COMS)
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4. **Introduced House Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2021/bills/HB1462/versions/HB1462.01.INTR)
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## Votes
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- HB 1462 - Holdman - 3rd Reading — **47–0** (pass) · upper
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## Sponsors
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- Jack Sandlin — primary (person)
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- Robert Heaton — primary (person)
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- Travis Holdman — primary (person)
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- Donna Schaibley — coauthor (person)
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- Lonnie Randolph — cosponsor (person)
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- Martin Carbaugh — coauthor (person)
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- Peggy Mayfield — coauthor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-01-14** Coauthored by Representatives Carbaugh, Schaibley, Mayfield
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- **2021-01-14** Authored by Representative Heaton
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- **2021-01-14** First reading: referred to Committee on Financial Institutions and Insurance `reading-1, referral-committee`
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- **2021-01-26** Committee report: do pass, adopted `committee-passage`
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- **2021-01-28** Second reading: ordered engrossed `reading-2`
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- **2021-02-01** Third reading: passed; Roll Call 29: yeas 94, nays 2 `passage, reading-3`
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- **2021-02-01** Senate sponsor: Senator Holdman
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- **2021-02-02** Referred to the Senate
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- **2021-02-18** First reading: referred to Committee on Insurance and Financial Institutions `reading-1, referral-committee`
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- **2021-04-01** Committee report: do pass, adopted `committee-passage`
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- **2021-04-06** Second reading: ordered engrossed `reading-2`
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- **2021-04-08** Third reading: passed; Roll Call 369: yeas 47, nays 0 `passage, reading-3`
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- **2021-04-08** Senator Sandlin added as second sponsor
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- **2021-04-08** Senator Randolph added as cosponsor
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- **2021-04-09** Returned to the House without amendments
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- **2021-04-13** Signed by the Speaker
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- **2021-04-23** Signed by the President Pro Tempore
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- **2021-04-28** Signed by the President of the Senate
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- **2021-04-29** Signed by the Governor `executive-signature`
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- **2021-04-29** Public Law 205
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e5754fa1-d2a0-4b16-b81a-4c162a74f268`. Confidence: reported (aggregated from official Indiana legislature records).
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