The legislation discussed here has taken a few steps toward passage. Today the bill is scheduled for its second reading on the House floor. (In many states, legislation must be read on successive days prior to a vote.) Last week HB 1518 cleared committee after what I'm told were significant revisions to the consumer protection sections.
Can't say I've read the new bill yet. But if you're inclined, take a look at it here and email me your thoughts. The bill has until Tuesday to pass the House, otherwise Hoosiers will have to wait until next year for reform.
NB -- Two days ago, ALEC held a legislative forum in Indianapolis that attracted a couple dozen participants. I'm told PFF testimony on the bill was featured in the discussion.