LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
FISCAL IMPACT STATEMENT
LS 6720 NOTE PREPARED: Dec 18, 2024
BILL NUMBER: SB 162 BILL AMENDED:
SUBJECT: Deceptive Rental Housing Practices.
FIRST AUTHOR: Sen. Crider BILL STATUS: As Introduced
FIRST SPONSOR:
FUNDS AFFECTED:XGENERAL IMPACT: State & Local
XDEDICATED
FEDERAL
Summary of Legislation: This bill prohibits a landlord from: (1) selling or offering to sell insurance to a
tenant; (2) including or offering to include insurance in a rental agreement; or (3) bundling or offering to
bundle insurance with a rental agreement. It permits a tenant to bring a civil action for a violation, and
specifies that a violation is a deceptive act actionable by the Attorney General.
Effective Date: July 1, 2025.
Explanation of State Expenditures: Office of Attorney General: The bill provides that a landlord may not
sell or offer renter’s insurance to a tenant as part of a rental agreement. Violating that provision would result
in the landlord committing a deceptive act. Deceptive acts are actionable by either the Attorney General or
the consumer. This may lead to a minor administrative workload increase for the Attorney General.
Explanation of State Revenues: Deceptive Acts: This bill may increase revenue to the state General Fund
from civil penalties if the number of deceptive acts also increases. Under current law, a deceptive act is
punishable with a civil penalty of $500 per violation. Knowingly committing a deceptive act is punishable
with a civil penalty of $5,000 per violation. Actual increases in revenue are indeterminable.
Court Fee Revenue: If additional civil cases occur and court fees are collected, revenue to the state General
Fund will increase. The total revenue per case would range between $100 and $122. The amount deposited
will vary depending on whether the case is filed in a court of record or a municipal court. The following
linked document describes the fees and distribution of the revenue: Court fees imposed in civil, probate, and
small claims cases.
Explanation of Local Expenditures:
Explanation of Local Revenues: Court Fee Revenue: If additional cases occur, revenue will be collected
by certain local units. If the case is filed in a court of record, the county will receive $32 and qualifying
municipalities will receive a share of $3. If the case is filed in a municipal court, the county receives $20,
and the municipality will receive $37. The following linked document describes the fees and distribution of
SB 162 1 the revenue: Court fees imposed in civil, probate, and small claims cases.
State Agencies Affected: Office of the Attorney General.
Local Agencies Affected: Trial courts, city and town courts.
Information Sources: Indiana Supreme Court, Indiana Trial Court Fee Manual.
Fiscal Analyst: James Johnson, 317-232-9869.
SB 162 2