February 21, 2012
ENGROSSED
SENATE BILL No. 271
_____
DIGEST OF SB 271
(Updated February 20, 2012 1:18 pm - DI 107)
Citations Affected: IC 32-31.
Synopsis: Security deposits and motor vehicle liens. Prohibits a
landlord from requiring a lien on a motor vehicle that is owned by a
tenant as a security deposit or to secure the payment of rent by the
tenant. Provides that, if a landlord accepts a lien on a motor vehicle as
a security deposit, the landlord must file or record the lien and comply
with requirements concerning security deposits to enforce the lien.
Effective: July 1, 2012.
January 4, 2012, read first time and referred to Committee on Corrections, Criminal, and
Civil Matters.
January 5, 2012, pursuant to Senate Rule 68(b), reassigned to Committee on Insurance and
Financial Institutions.
January 17, 2012, reported favorably _ Do Pass.
January 24, 2012, read second time, amended, ordered engrossed.
January 25, 2012, engrossed.
January 30, 2012, read third time, passed. Yeas 50, nays 0.
HOUSE ACTION
February 9, 2012, read first time and referred to Committee on Judiciary.
February 21, 2012, reported _ Do Pass.
February 21, 2012
Second Regular Session 117th General Assembly (2012)
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
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ENGROSSED
SENATE BILL No. 271
A BILL FOR AN ACT to amend the Indiana Code concerning
property.
Be it enacted by the General Assembly of the State of Indiana: