IndianaHB 1272Second Regular Session 124th General Assembly (2026)House

Collateral recovery services.

Sponsored By: Alaina Shonkwiler (Republican)

Failed

Summary

Renames the private investigator and security guard licensing board as the private investigator, security guard, and collateral recovery agency licensing board, and adds two additional members to the board. Establishes licensure for a collateral recovery agency. Requires a person to be licensed as a collateral recovery agency to repossess collateral, attempt to repossess collateral, hold one's self out as being in the business of repossessing collateral, or use license plate recognition. Provides certain requirements: (1) for an applicant seeking licensure as a collateral recovery agency; (2) for a licensee to maintain licensure; and (3) for a legal owner when personal effects are in or on the collateral at the time of repossession. Requires equipment used to repossess collateral to meet certain criteria. Makes conforming changes.

employment

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Alaina Shonkwiler

    Republican • House

Cosponsors

  • Becky Cash

    Republican • House

  • David Abbott

    Republican • House

  • Robert Morris

    Republican • House

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Representatives Morris, Abbott, Cash added as coauthors

    1/20/2026House
  2. Authored by Representative Shonkwiler

    1/6/2026House
  3. First reading: referred to Committee on Employment, Labor and Pensions

    1/6/2026House

Bill Text

  • Introduced House Bill (H)

Related Bills

Back to State Legislation