Indiana 2023 Regular Session Status: Enacted Bipartisan · 17 R · 1 D cosponsors

SB 268 — Prohibited pension system investments.

Last action — Public Law 104

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

This bill has been enacted into law. Introduced January 11, 2023. Enacted.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Likely to advance 98% · high confidence

  • Enacted

    Current position in the legislative process.

  • 22 sponsors

    4 primary, 18 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (17 R · 1 D) — cross-party backing.

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Prohibits the Indiana public retirement system from investing in certain restricted entities or restricted investment products, including particular investments publicly confirmed to be controlled by the People's Republic of China or the Chinese Communist Party. Specifies exceptions, a divestment schedule, and reporting requirements. Adds a provision urging the legislative council to assign to the interim study committee on pension management oversight the topic of studying whether to cease or defer divestment or resume investment in an entity or product in accordance with the provisions regarding divestment from Chinese companies.

Bill Text

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

Read SB 268 on the official Indiana source →

Action History

  1. Public Law 104

  2. Signed by the Governor

  3. Signed by the President of the Senate

  4. Signed by the Speaker

  5. Returned to the Senate without amendments

  6. Signed by the President Pro Tempore

  7. Third reading: passed; Roll Call 429: yeas 96, nays 0

  8. Second reading: ordered engrossed

  9. Committee report: do pass, adopted

  10. Referred to the Committee on Ways and Means pursuant to House Rule 127

  11. Committee report: do pass, adopted

  12. First reading: referred to Committee on Employment, Labor and Pensions

  13. Referred to the House

  14. Senator Tomes added as coauthor

  15. Senator Raatz added as coauthor

  16. Cosponsors: Representatives Jeter C, Carbaugh, VanNatter

  17. House sponsor: Representative Judy

  18. Third reading: passed; Roll Call 189: yeas 49, nays 0

  19. Second reading: amended, ordered engrossed

  20. Amendment #1 (Garten) prevailed; voice vote

  21. Senator Randolph added as coauthor

  22. Senator Messmer added as coauthor

  23. Committee report: amend do pass, adopted

  24. Senators Koch and Gaskill added as coauthors

  25. Senators Crane, Walker G, Doriot, Perfect added as coauthors

  26. Senator Busch added as coauthor

  27. Senator Rogers added as coauthor

  28. Pursuant to Senate Rule 68(b); reassigned to Committee on Appropriations

  29. Committee report: amend do pass, adopted

  30. Senators Baldwin and Buchanan added as coauthors

  31. Senator Freeman added as third author

  32. Senator Holdman added as second author

  33. Senator Zay added as coauthor

  34. First reading: referred to Committee on Pensions and Labor

  35. Authored by Senator Garten

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

4 sponsors · 18 co-sponsors · 128 not signed on

Sponsors (4)

Co-sponsors (18)

Not signed on (128)

128 members have not signed on to this bill.

Show all 128 →

"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

Votes

SB 268 - Judy - 3rd Reading

Passed 96 Yea · 0 Nay · 4 Other
Party YeaNayPresentNot Voting
Republican 56003
Unaffiliated 15001
Democrat 25000
Total 96004
% of votes cast 96%0%0%4%
How each member voted (100)
Member Party Vote
Fleming — Yea
Frye — Yea
Goodrich — Yea
Lyness — Yea
Schaibley — Yea
Boy — Yea
Speedy — Yea
Cherry — Yea
Morrison — Yea
Negele — Yea
Johnson — Yea
Torr — Yea
Vermilion — Yea
Zent — Yea
Hatfield — Not Voting
Garcia Wilburn — Yea
Carey Hamilton Democrat Yea
Carolyn Jackson Democrat Yea
Cherrish Pryor Democrat Yea
Chris Campbell Democrat Yea
Chuck Moseley Democrat Yea
Earl Harris Democrat Yea
Edward DeLaney Democrat Yea
Gregory Porter Democrat Yea
John Bartlett Democrat Yea
Justin Moed Democrat Yea
Kyle Miller Democrat Yea
Matt Pierce Democrat Yea
Maureen Bauer Democrat Yea
Mike Andrade Democrat Yea
Mitch Gore Democrat Yea
Philip GiaQuinta Democrat Yea
Ragen Hatcher Democrat Yea
Renee Pack Democrat Yea
Robin Shackleford Democrat Yea
Ryan Dvorak Democrat Yea
Sheila Klinker Democrat Yea
Sue Errington Democrat Yea
Tonya Pfaff Democrat Yea
Vanessa Summers Democrat Yea
Vernon Smith Democrat Yea
Beau Baird Republican Yea
Becky Cash Republican Yea
Ben Smaltz Republican Yea
Brad Barrett Republican Yea
Bruce Borders Republican Yea
Chris Jeter Republican Yea
Chris Judy Republican Yea
Chris May Republican Yea
Cindy Ledbetter Republican Yea
Cory Criswell Republican Yea
Craig Haggard Republican Yea
Craig Snow Republican Yea
Dale DeVon Republican Yea
Dave Hall Republican Yea
Dave Heine Republican Yea
David Abbott Republican Yea
Doug Miller Republican Yea
Edmond Soliday Republican Not Voting
Edward Clere Republican Yea
Elizabeth Rowray Republican Yea
Ethan Manning Republican Yea
Gregory Steuerwald Republican Yea
Harold Slager Republican Yea
Heath VanNatter Republican Yea
J.D. Prescott Republican Yea
Jack Jordan Republican Yea
Jake Teshka Republican Yea
Jeffrey Thompson Republican Yea
Jennifer Meltzer Republican Yea
Jim Lucas Republican Yea
Jim Pressel Republican Yea
Joanna King Republican Yea
Julie McGuire Republican Yea
Julie Olthoff Republican Yea
Karen Engleman Republican Yea
Kendell Culp Republican Yea
Kyle Pierce Republican Yea
Lindsay Patterson Republican Yea
Lorissa Sweet Republican Yea
Mark Genda Republican Yea
Martin Carbaugh Republican Yea
Matt Hostettler Republican Yea
Matt Lehman Republican Yea
Michael Karickhoff Republican Yea
Michelle Davis Republican Yea
Mike Aylesworth Republican Yea
Peggy Mayfield Republican Yea
Robb Greene Republican Yea
Robert Behning Republican Yea
Robert Heaton Republican Yea
Robert Morris Republican Not Voting
Ryan Lauer Republican Yea
Shane Lindauer Republican Yea
Steve Bartels Republican Yea
Timothy O'Brien Republican Yea
Timothy Wesco Republican Yea
Todd Huston Republican Not Voting
Wendy McNamara Republican Yea
Zach Payne Republican Yea

Official roll call →

Subjects

finance labor
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 SB 268 do?
Prohibits the Indiana public retirement system from investing in certain restricted entities or restricted investment products, including particular investments publicly confirmed to be controlled by the People's Republic of China or the Chinese Communist Party. Specifies exceptions, a divestment schedule, and reporting requirements. Adds a provision urging the legislative council to assign to the interim study committee on pension management oversight the topic of studying whether to cease or defer divestment or resume investment in an entity or product in accordance with the provisions regarding divestment from Chinese companies.
Who sponsors SB 268?
SB 268 is sponsored by Heath VanNatter (Republican), Martin Carbaugh (Republican), Chris Jeter (Republican), Chris Judy (Republican), James Tomes (Republican), Jeff Raatz (Republican), Lonnie Randolph (Democrat), Mark Messmer, Mike Gaskill (Republican), Eric Koch (Republican), Chip Perfect, Blake Doriot (Republican), Greg Walker (Republican), John Crane, Justin Busch (Republican), Linda Rogers (Republican), Brian Buchanan (Republican), Scott Baldwin (Republican), Andy Zay, Aaron Freeman (Republican), Travis Holdman (Republican), and Chris Garten (Republican).
What is the current status of SB 268?
This bill has been enacted into law. Introduced January 11, 2023. Enacted.
Where can I track SB 268?
Track SB 268 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on SB 268

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of SB 268

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →