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Senate Bill 0209


Senate Bill 0209

ARCHIVE (2000)

Latest Information

 

DIGEST OF SB209 (Updated February 23, 2000 3:54 PM - DI 84)


No sales solicitation listing. Requires telephone solicitors doing business in Indiana to register with the consumer protection division of the office of the attorney general. Provides that a telephone solicitor is not required to register with the division if the telephone solicitor is either registered or exempt from registration under the federal Securities Exchange Act. Requires the division to publish a listing of telephone numbers of persons who do not wish to be solicited by telephone. Establishes a $10 initial listing charge for a person who wishes to be included in the listing and a $5 annual renewal fee. Provides that a subscriber who places the subscriber's telephone number on the listing before July 1, 2000, is not required to pay the initial $10 listing charge. Establishes the consumer protection division solicitation fund and requires that all fees collected be deposited in the fund. Requires the division to report annually to the regulatory flexibility committee on the following for the most recent state fiscal year: (1) The total fees deposited in the fund. (2) The expenses incurred by the division in maintaining and promoting the listing. (3) The total number of subscribers to the listing. (4) The number of new subscribers to the listing. (5) The number of subscribers removed from the listing for any reason. Requires the division also to report to the regulatory flexibility committee on the projected budget required by the division to administer the program during the current fiscal year. Requires the regulatory flexibility committee to report each year to the legislative council on the information the committee receives from the division. Prohibits a telephone solicitor from calling a number that appears in the quarterly listing published by the division. Requires a telephone solicitor who makes an unsolicited telephone call to state the solicitor's name and business immediately upon telephone contact with a consumer. Establishes requirements that a telephone solicitor must meet before a contract made under a telephone sales call is valid. Requires the division to notify Indiana residents of the rights and duties created by the establishment of the division's listing and to provide information about alternative listings or do-not-call services and the costs of those listings or services. Establishes criminal penalties and civil remedies for violations of the statute.
    Current Status:
     In Conference Committee
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