Sec. 4. (a) The coalition to support Indiana seniors is established.

     (b) The coalition consists of businesses that meet the requirements of this chapter.

     (c) To be admitted as a member of the coalition, a business must provide written notification to the lieutenant governor that the business seeks membership and that the business meets the requirements of subsection (d).

     (d) A business is eligible for membership in the coalition if the business creates a process that allows a senior citizen to have an alternative payment date for all amounts due to the business that does not conflict or pose an undue hardship with the date the senior citizen receives payments from the Social Security Administration, a pension, or any other form of retirement income. The alternative payment date process must allow a senior citizen to elect to use the alternative payment date process by contacting the business.

     (e) A business that creates an alternative payment date process must:

(1) notify each senior citizen who is required to make payments to the business that the alternative payment date process has been created; and

(2) provide information to the senior citizen on using the alternative payment date process.

     (f) The business must allow a senior citizen to elect to use the alternative payment date process if the senior citizen contacts the business and requests to use the alternative payment date process.

As added by P.L.25-2002, SEC.1.