HB 1221 IN

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Became Law

Amends provisions regarding the surcharge rates established by the Indiana public retirement system to actuarially prefund certain postretirement benefits. Adds provisions requiring the treasurer of state to determine a surcharge amount that is to be paid into the supplemental reserve account for the state police pre-1987 and 1987 benefit systems. Provides for a thirteenth check in calendar year 2025 for certain members, participants, or beneficiaries of the: (1) Indiana state teachers' retirement fund; (2) Indiana public employees' retirement fund; (3) state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement plan; (4) state police pre-1987 benefit system; and (5) state police 1987 benefit system. Makes conforming changes.

• Michael Karickhoff Republican · author
• Brian Buchanan Republican · sponsor
• Linda Rogers Republican · sponsor

1. Jan 9, 2025 Authored by Representative Karickhoff · lower
2. Jan 9, 2025 Coauthored by Representative Smaltz · lower
3. Jan 9, 2025 First reading: referred to Committee on Employment, Labor and Pensions · lower
4. Jan 13, 2025 Reassigned to Committee on Ways and Means · lower
5. Jan 21, 2025 Representative VanNatter added as coauthor · lower
6. Jan 27, 2025 Representative Porter added as coauthor · lower
7. Jan 30, 2025 Committee report: amend do pass, adopted · lower
8. Feb 3, 2025 Second reading: ordered engrossed · lower
9. Feb 5, 2025 Referred to the Senate · lower
10. Feb 4, 2025 Senate sponsor: Senator Buchanan · lower
11. Feb 4, 2025 Third reading: passed; Roll Call 86: yeas 89, nays 0 · lower
12. Feb 18, 2025 First reading: referred to Committee on Pensions and Labor · upper
13. Mar 18, 2025 Senator Hunley added as cosponsor · upper
14. Mar 20, 2025 Senator Niezgodski added as cosponsor · upper
15. Mar 20, 2025 Senator Rogers added as second sponsor · upper
16. Mar 20, 2025 Senators Pol and Donato added as cosponsors · upper
17. Mar 27, 2025 Committee report: amend do pass adopted; reassigned to Committee on Appropriations · upper
18. Mar 31, 2025 Senator Yoder added as cosponsor · upper
19. Apr 1, 2025 Senator Maxwell added as cosponsor · upper
20. Apr 10, 2025 Senator Randolph added as cosponsor · upper
21. Apr 10, 2025 Committee report: amend do pass, adopted · upper
22. Apr 14, 2025 Second reading: ordered engrossed · upper
23. Apr 23, 2025 CCR # 1 filed in the Senate · upper
24. Apr 14, 2025 Amendment #1 (Qaddoura) failed; Roll Call 413: yeas 18, nays 31 · upper
25. Apr 15, 2025 Third reading: passed; Roll Call 434: yeas 46, nays 3 · upper
26. Apr 16, 2025 Motion to dissent filed · lower
27. Apr 16, 2025 Returned to the House with amendments · upper
28. Apr 16, 2025 House dissented from Senate amendments · lower
29. Apr 16, 2025 House advisors appointed: VanNatter, Genda, Harris and Moseley · lower
30. Apr 16, 2025 House conferees appointed: Karickhoff and Porter · lower
31. Apr 17, 2025 Senate advisors appointed: Hunley and Rogers · upper
32. Apr 17, 2025 Senate conferees appointed: Buchanan and Niezgodski · upper
33. Apr 23, 2025 CCR # 1 filed in the Senate · upper
34. Apr 23, 2025 CCR # 1 filed in the House · lower
35. Apr 23, 2025 Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 540: yeas 90, nays 0 · lower
36. May 6, 2025 Signed by the Governor · executive
37. Apr 24, 2025 Rules Suspended. Conference Committee Report 1: adopted by the Senate; Roll Call 514: yeas 39, nays 11 · upper
38. Apr 29, 2025 Signed by the President of the Senate · upper
39. May 6, 2025 Public Law 226 · lower
40. Apr 24, 2025 Signed by the Speaker · lower
41. Apr 24, 2025 Signed by the President Pro Tempore · upper