HB 1432 IN

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Became Law

Requires the Indiana Public Employers' Plan, Inc. (IPEP), which was established as a domestic nonprofit corporation, to apply for a certificate of authority to transact business as a domestic tax exempt reciprocal insurance company. Provides that, when IPEP receives the certificate of authority and begins to transact business as a domestic tax exempt reciprocal insurance company, all powers, duties, agreements, and liabilities that IPEP had as a domestic nonprofit corporation are transferred to the domestic tax exempt reciprocal insurance company as the successor entity. Repeals and strikes provisions under which mutual insurance associations and reciprocal associations formed and operating for the writing of worker's compensation insurance are exempt from certain laws.

• Matt Lehman Republican · author
• Andy Zay · sponsor
• Travis Holdman Republican · sponsor

1. Jan 14, 2021 Coauthored by Representative Carbaugh · lower
2. Jan 14, 2021 Authored by Representative Lehman · lower
3. Jan 14, 2021 First reading: referred to Committee on Financial Institutions and Insurance · lower
4. Feb 1, 2021 Committee report: do pass, adopted · lower
5. Feb 2, 2021 Representative Austin added as coauthor · lower
6. Feb 4, 2021 Second reading: ordered engrossed · lower
7. Feb 8, 2021 Senate sponsors: Senators Zay and Holdman · lower
8. Feb 8, 2021 Third reading: passed; Roll Call 89: yeas 96, nays 0 · lower
9. Feb 9, 2021 Referred to the Senate · lower
10. Mar 8, 2021 First reading: referred to Committee on Insurance and Financial Institutions · upper
11. Apr 1, 2021 Committee report: do pass, adopted · upper
12. Apr 6, 2021 Second reading: ordered engrossed · upper
13. Apr 8, 2021 Third reading: passed; Roll Call 367: yeas 38, nays 9 · upper
14. Apr 8, 2021 Senator Randolph added as cosponsor · upper
15. Apr 9, 2021 Returned to the House without amendments · upper
16. Apr 13, 2021 Signed by the Speaker · lower
17. Apr 21, 2021 Signed by the President Pro Tempore · upper
18. Apr 22, 2021 Signed by the President of the Senate · upper
19. Apr 23, 2021 Public Law 117 · lower
20. Apr 23, 2021 Signed by the Governor · executive

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Enrolled House Bill (H) · Apr 9, 2021 · PDF
• Introduced House Bill (H) · Jan 12, 2021 · PDF
• House Bill (H) · Feb 1, 2021 · PDF
• House Bill (S) · Apr 1, 2021 · PDF