SB 278 IN Passed One Chamber
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Summary
Provides that the contents of an investigative demand issued by the attorney general are to be kept confidential. Defines charitable organization. Expands the definition of "public benefit corporation" to include a domestic corporation that serves a public benefit with an operating budget that is supported by public funds or authorized to spend public funds in furtherance of its mission. Provides that a court may dissolve a corporation under certain circumstances. Specifies procedural requirements that the attorney general must take before petitioning the court for dissolution of a corporation for certain reasons. Provides exceptions. Allows the attorney general to petition a court for additional remedies against a corporation, in addition to or as an alternative dissolution, for certain violations. Provides that upon a showing of reasonable cause, a court may appoint a receiver to manage a corporation under certain circumstances. Requires a corporation to keep certain records for at least three years. Allows the attorney general to inspect records of certain corporations. Prohibits a state agency from imposing a filing or reporting requirement on a charitable organization that is more burdensome than Indiana law allows. Provides exceptions. Allows the attorney general to take certain actions if the attorney general finds that a corporation has failed to comply with certain record requirements. Makes conforming changes.
Sponsors (3)
- Aaron Freeman Republican · author
- Tyler Johnson Republican · author
- Chris Jeter Republican · sponsor
1 coauthor / cosponsor
- Lonnie Randolph Democratic · coauthor
Action history (12)
- Jan 11, 2023 Authored by Senator Freeman · upper
- Jan 11, 2023 First reading: referred to Committee on Judiciary · upper
- Feb 16, 2023 Committee report: amend do pass, adopted · upper
- Feb 16, 2023 Senator Randolph added as coauthor · upper
- Feb 20, 2023 Senator Johnson added as second author · upper
- Feb 27, 2023 Amendment #1 (Brown L) prevailed; voice vote · upper
- Feb 27, 2023 Amendment #2 (Freeman) prevailed; voice vote · upper
- Feb 27, 2023 Second reading: amended, ordered engrossed · upper
- Feb 28, 2023 Third reading: passed; Roll Call 190: yeas 49, nays 0 · upper
- Feb 28, 2023 House sponsor: Representative Jeter · upper
- Mar 1, 2023 Referred to the House · upper
- Mar 6, 2023 First reading: referred to Committee on Judiciary · lower
Text versions (3)
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