IN HB1081 | 2025 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2025 - 25% progression
Action: 2025-01-21 - Committee report: amend do pass, adopted
Text: Latest bill text (Comm Sub) [PDF]

Summary

Distributions to charitable beneficiaries. 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 charitable organization submits a certain affidavit.

Tracking Information

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Title

Distributions to charitable beneficiaries.

Sponsors


History

DateChamberAction
2025-01-21HouseCommittee report: amend do pass, adopted
2025-01-08HouseFirst reading: referred to Committee on Financial Institutions
2025-01-08HouseAuthored by Representative Manning

Indiana State Sources

TypeSource
Summaryhttps://iga.in.gov/legislative/2025/bills/house/1081/details
Texthttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1081/HB1081.01.INTR.pdf
Texthttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1081/HB1081.02.COMH.pdf
Amendmenthttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1081/committee-amendments/amendments/HB1081.01.INTR.AMH01.pdf
Supplementhttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1081/fiscal-notes/HB1081.01.INTR.FN001.pdf
Supplementhttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1081/votesheets/HB1081.01.INTR.08.pdf
Supplementhttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1081/committee-reports/HB1081.01.INTR.CRH001.pdf
Supplementhttps://iga.in.gov/pdf-documents/124/2025/house/bills/HB1081/fiscal-notes/HB1081.02.COMH.FN001.pdf

Bill Comments

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