Kids first trust fund board.
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SB 137 — Kids first trust fund board.
Last action — Signed by the Governor
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 05, 2021. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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6 sponsors
4 primary, 2 co-sponsors signed on.
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Bipartisan support
Sponsored across 2 parties (2 R · 2 D) — cross-party backing.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
Allows the Indiana kids first trust fund board (board) to create a nonprofit subsidiary corporation to solicit and accept private funding, gifts, donations, bequests, devises, and contributions. Provides that the members of the board serve terms of four years (rather than two years under current law) and provides for the terms of the appointed members of the board to be staggered. Provides that a majority of the appointed members of the board constitutes a quorum for purposes of board meetings. Provides that an affirmative vote of the majority of the board members participating in a board meeting is required for the board to take action at the meeting. Provides that: (1) the board; and (2) the board of directors of a subsidiary corporation formed by the board; must post meeting minutes to the Internet not later than 10 days after the minutes are approved. Requires the board to study the topic of establishing a nonprofit subsidiary corporation and provide a report to the general assembly with the board's findings.
Bill Text
We don't have the full text on file for this bill yet.
Read SB 137 on the official Indiana source →Action History
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Signed by the Governor
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Public Law 93
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Signed by the President of the Senate
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Signed by the Speaker
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Signed by the President Pro Tempore
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Senate concurred in House amendments; Roll Call 310: yeas 48, nays 0
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Motion to concur filed
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Returned to the Senate with amendments
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Third reading: passed; Roll Call 252: yeas 93, nays 0
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Second reading: ordered engrossed
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Committee report: amend do pass, adopted
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First reading: referred to Committee on Family, Children and Human Affairs
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Referred to the House
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House sponsor: Representative DeVon
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Senator Garten added as coauthor
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Senator Ford Jon added as third author
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Senator Crane added as second author
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Third reading: passed; Roll Call 12: yeas 49, nays 0
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Senator Ford J.D. added as coauthor
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Second reading: ordered engrossed
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Committee report: do pass, adopted
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First reading: referred to Committee on Family and Children Services
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Authored by Senator Zay
Sponsors
- Andy Zay · Primary
- John Crane · Primary
- J.D. Ford · Cosponsor
- Chris Garten · Cosponsor
- Dale DeVon · Primary
- J.D. Ford · Primary
Sponsorship breakdown
Export CSV (upgrade) →4 sponsors · 2 co-sponsors · 144 not signed on
Sponsors (4)
- Andy Zay
- John Crane
- Dale DeVon Republican
- J.D. Ford Democrat
Co-sponsors (2)
- J.D. Ford Democrat
- Chris Garten Republican
Not signed on (144)
144 members have not signed on to this bill.
Show all 144 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 137 do?
- Allows the Indiana kids first trust fund board (board) to create a nonprofit subsidiary corporation to solicit and accept private funding, gifts, donations, bequests, devises, and contributions. Provides that the members of the board serve terms of four years (rather than two years under current law) and provides for the terms of the appointed members of the board to be staggered. Provides that a majority of the appointed members of the board constitutes a quorum for purposes of board meetings. Provides that an affirmative vote of the majority of the board members participating in a board meeting is required for the board to take action at the meeting. Provides that: (1) the board; and (2) the board of directors of a subsidiary corporation formed by the board; must post meeting minutes to the Internet not later than 10 days after the minutes are approved. Requires the board to study the topic of establishing a nonprofit subsidiary corporation and provide a report to the general assembly with the board's findings.
- Who sponsors SB 137?
- SB 137 is sponsored by Andy Zay, John Crane, J.D. Ford (Democrat), Chris Garten (Republican), and Dale DeVon (Republican).
- What is the current status of SB 137?
- This bill has been enacted into law. Introduced January 05, 2021. Enacted.
- Where can I track SB 137?
- Track SB 137 free on One Click Politics — get push/email alerts when it moves.
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