Indiana 2021 Regular Session Status: Enacted Bipartisan · 3 R · 1 D cosponsors

HB 1432 — Political subdivision risk management.

Last action — Signed by the Governor

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 14, 2021. Enacted.

Prognosis

Likely to advance 78% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 6 sponsors

    3 primary, 3 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (3 R · 1 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

Requires the Indiana Public Employers' Plan, Inc. (IPEP), which was established as a domestic nonprofit corporation, to apply for a certificate of authority to transact business as a domestic tax exempt reciprocal insurance company. Provides that, when IPEP receives the certificate of authority and begins to transact business as a domestic tax exempt reciprocal insurance company, all powers, duties, agreements, and liabilities that IPEP had as a domestic nonprofit corporation are transferred to the domestic tax exempt reciprocal insurance company as the successor entity. Repeals and strikes provisions under which mutual insurance associations and reciprocal associations formed and operating for the writing of worker's compensation insurance are exempt from certain laws.

Bill Text

We don't have the full text on file for this bill yet.

Read HB 1432 on the official Indiana source →

Action History

  1. Signed by the Governor

  2. Public Law 117

  3. Signed by the President of the Senate

  4. Signed by the President Pro Tempore

  5. Signed by the Speaker

  6. Returned to the House without amendments

  7. Senator Randolph added as cosponsor

  8. Third reading: passed; Roll Call 367: yeas 38, nays 9

  9. Second reading: ordered engrossed

  10. Committee report: do pass, adopted

  11. First reading: referred to Committee on Insurance and Financial Institutions

  12. Referred to the Senate

  13. Third reading: passed; Roll Call 89: yeas 96, nays 0

  14. Senate sponsors: Senators Zay and Holdman

  15. Second reading: ordered engrossed

  16. Representative Austin added as coauthor

  17. Committee report: do pass, adopted

  18. First reading: referred to Committee on Financial Institutions and Insurance

  19. Authored by Representative Lehman

  20. Coauthored by Representative Carbaugh

Sponsors

Sponsorship breakdown

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3 sponsors · 3 co-sponsors · 144 not signed on

Sponsors (3)

Co-sponsors (3)

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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation labor health-insurance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 1432 do?
Requires the Indiana Public Employers' Plan, Inc. (IPEP), which was established as a domestic nonprofit corporation, to apply for a certificate of authority to transact business as a domestic tax exempt reciprocal insurance company. Provides that, when IPEP receives the certificate of authority and begins to transact business as a domestic tax exempt reciprocal insurance company, all powers, duties, agreements, and liabilities that IPEP had as a domestic nonprofit corporation are transferred to the domestic tax exempt reciprocal insurance company as the successor entity. Repeals and strikes provisions under which mutual insurance associations and reciprocal associations formed and operating for the writing of worker's compensation insurance are exempt from certain laws.
Who sponsors HB 1432?
HB 1432 is sponsored by Matt Lehman (Republican), Martin Carbaugh (Republican), Terri Jo Austin, Andy Zay, Travis Holdman (Republican), and Lonnie Randolph (Democrat).
What is the current status of HB 1432?
This bill has been enacted into law. Introduced January 14, 2021. Enacted.
Where can I track HB 1432?
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Last checked for changes 3 months ago · updated continuously

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