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HB 1081 IN
Became Law

Distributions to charitable beneficiaries.

IN · session 2025 · Assembly / House · bill

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Introduced Jan 8, 2025

Latest action (May 6, 2025) Public Law 220

Summary

Provides that an applicant for a certificate of death has a direct interest in a certificate of death if the applicant is a beneficiary of the deceased's individual retirement account, retirement account, brokerage transfer on death account, annuity, or life insurance policy. Provides that if a charitable organization is designated as the beneficiary of an individual retirement account, retirement account, brokerage transfer on death account, annuity, or life insurance policy, a financial institution or insurance company in control of the funds must transfer the funds directly to the charitable organization without requiring certain conditions to be satisfied, if the: (1) charitable organization submits a certain affidavit.

Sponsors (2)

4 coauthors / cosponsors

Action history (34)

  1. Jan 8, 2025 First reading: referred to Committee on Financial Institutions · lower
  2. Jan 8, 2025 Authored by Representative Manning · lower
  3. Jan 21, 2025 Committee report: amend do pass, adopted · lower
  4. Jan 27, 2025 Second reading: ordered engrossed · lower
  5. Jan 28, 2025 Senate sponsor: Senator Baldwin · lower
  6. Jan 28, 2025 Representatives Teshka, Pierce K, Andrade added as coauthors · lower
  7. Jan 28, 2025 Third reading: passed; Roll Call 23: yeas 91, nays 0 · lower
  8. Jan 29, 2025 Referred to the Senate · lower
  9. Feb 18, 2025 First reading: referred to Committee on Insurance and Financial Institutions · upper
  10. Mar 13, 2025 Committee report: amend do pass, adopted · upper
  11. Mar 13, 2025 Senator Randolph added as cosponsor · upper
  12. Mar 17, 2025 Second reading: ordered engrossed · upper
  13. Mar 18, 2025 Placed back on second reading · upper
  14. Mar 31, 2025 Amendment #2 (Bassler) prevailed; voice vote · upper
  15. Mar 31, 2025 Amendment #1 (Bassler) prevailed; voice vote · upper
  16. Mar 31, 2025 Amendment #3 (Gaskill) prevailed; voice vote · upper
  17. Mar 31, 2025 Reread second time: amended, ordered engrossed · upper
  18. Apr 2, 2025 Motion to dissent filed · lower
  19. Apr 1, 2025 Third reading: passed; Roll Call 322: yeas 49, nays 0 · upper
  20. Apr 2, 2025 Returned to the House with amendments · upper
  21. Apr 3, 2025 House dissented from Senate amendments · lower
  22. Apr 10, 2025 Senate conferees appointed: Baldwin and Randolph Lonnie M · upper
  23. Apr 10, 2025 House conferees appointed: Manning and Andrade · lower
  24. Apr 10, 2025 House advisors appointed: Teshka, Pierce K and Miller K · lower
  25. Apr 10, 2025 Senate advisors appointed: Qaddoura and Schmitt · upper
  26. Apr 22, 2025 CCR # 1 filed in the House · lower
  27. Apr 22, 2025 CCR # 1 filed in the Senate · upper
  28. Apr 22, 2025 Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 517: yeas 91, nays 0 · lower
  29. Apr 23, 2025 Signed by the Speaker · lower
  30. Apr 23, 2025 Conference Committee Report 1: adopted by the Senate; Roll Call 495: yeas 47, nays 0 · upper
  31. Apr 24, 2025 Signed by the President Pro Tempore · upper
  32. May 6, 2025 Signed by the Governor · executive
  33. Apr 29, 2025 Signed by the President of the Senate · upper
  34. May 6, 2025 Public Law 220 · lower
Subjects
AGENCIES; Department of Financial Institutions (DFI)AGENCIES; Department of Health (IDOH)AGENCIES; Department of Insurance (IDOI)CITIES AND TOWNS; GenerallyCIVIL LAW AND PROCEDURE; Liabilities, Damages, and PenaltiesCOURTS; Municipal CourtsDEATH AND DECEASED; GenerallyINSURANCE; Life Insurance

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