HB 1116 IN Became Law
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Summary
Prohibits the operation of virtual currency kiosks in Indiana. Provides that: (1) a person that violates these provisions commits an act that is actionable by the attorney general under law regarding deceptive consumer sales; and (2) in addition to the penalties prescribed for deceptive consumer sales, a person that knowingly or intentionally violates these provisions may be ordered to forfeit one or both of: (A) the amount of the charges assessed to users of the person's virtual currency kiosks in Indiana during the period of the violation; and (B) any virtual currency kiosk operated by the operator in Indiana. Provides that the attorney general may bring an enforcement action against: (1) the operator of a virtual currency kiosk that gives rise to a violation; and (2) the owner of the premises on which the virtual currency kiosk is located if the owner knowingly or intentionally permitted the violation.
Sponsors (3)
- Wendy McNamara Republican · author
- Scott Baldwin Republican · sponsor
- Vaneta Becker Republican · sponsor
5 coauthors / cosponsors
- Jennifer Meltzer Republican · coauthor
- Jake Teshka Republican · coauthor
- Gregory Steuerwald Republican · coauthor
- Lonnie Randolph Democratic · cosponsor
- James Tomes Republican · cosponsor
Action history (24)
- Jan 5, 2026 Coauthored by Representatives Meltzer, Teshka, Steuerwald · lower
- Jan 5, 2026 Authored by Representative McNamara · lower
- Jan 5, 2026 First reading: referred to Committee on Financial Institutions · lower
- Jan 15, 2026 Committee report: amend do pass, adopted · lower
- Jan 15, 2026 Recommitted to Committee on Ways and Means pursuant to House Rule 126.3 · lower
- Jan 22, 2026 Committee report: amend do pass, adopted · lower
- Jan 27, 2026 Second reading: ordered engrossed · lower
- Jan 28, 2026 Third reading: passed; Roll Call 143: yeas 87, nays 7 · lower
- Jan 28, 2026 Senate sponsors: Senators Baldwin, Becker · lower
- Jan 29, 2026 Referred to the Senate · lower
- Feb 2, 2026 First reading: referred to Committee on Insurance and Financial Institutions · upper
- Feb 9, 2026 Senator Randolph added as cosponsor · upper
- Feb 12, 2026 Senator Tomes added as cosponsor · upper
- Feb 12, 2026 Committee report: amend do pass, adopted · upper
- Feb 16, 2026 Second reading: ordered engrossed · upper
- Feb 18, 2026 Returned to the House with amendments · upper
- Feb 17, 2026 Third reading: passed; Roll Call 178: yeas 45, nays 0 · upper
- Feb 18, 2026 Motion to concur filed · lower
- Feb 19, 2026 House concurred with Senate amendments; Roll Call 296: yeas 94, nays 1 · lower
- Feb 23, 2026 Signed by the Speaker · lower
- Feb 24, 2026 Signed by the President Pro Tempore · upper
- Mar 2, 2026 Signed by the President of the Senate · upper
- Mar 9, 2026 Signed by the Governor · executive
- Mar 9, 2026 Public Law 143 · lower
Full text
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