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SB 289 IN

Public depositories.

IN · session 2026 · Senate · bill

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Introduced Jan 12, 2026

Latest action (Jan 22, 2026) Committee report: amend do pass, adopted

Summary

Provides that if two or fewer financial institutions that have a branch or principal office in a county or in a county contiguous to the county that is located in Indiana are willing to accept public funds, the board of finance for the county may: (1) treat the financial institutions that are located within the county or a county contiguous to the county that is located in Indiana as if the financial institutions were not located within the county or a county contiguous to the county; and (2) designate certain financial institutions to receive public funds. Makes conforming changes.

Sponsors (2)

1 coauthor / cosponsor

Action history (4)

  1. Jan 12, 2026 Authored by Senators Walker K, Baldwin · upper
  2. Jan 12, 2026 First reading: referred to Committee on Insurance and Financial Institutions · upper
  3. Jan 15, 2026 Senator Randolph added as coauthor · upper
  4. Jan 22, 2026 Committee report: amend do pass, adopted · upper
Subjects
BOARDS, COMMISSIONS, AND COUNCILS; GenerallyFINANCIAL SERVICES; GenerallyLOCAL GOVERNMENT; Generally

Full text

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