HB 1432

  • Indiana House Bill
  • 2021 Regular Session
  • Introduced in House
  • Passed House Feb 08, 2021
  • Passed Senate Apr 08, 2021
  • Signed by Governor Apr 23, 2021

Political subdivision risk management.

Abstract

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 Sponsors (6)

Votes


Actions


Apr 23, 2021

House

Public Law 117

Office of the Governor

Signed by the Governor

Apr 22, 2021

Senate

Signed by the President of the Senate

Apr 21, 2021

Senate

Signed by the President Pro Tempore

Apr 13, 2021

House

Signed by the Speaker

Apr 09, 2021

Senate

Returned to the House without amendments

Apr 08, 2021

Senate

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

Senate

Senator Randolph added as cosponsor

Apr 06, 2021

Senate

Second reading: ordered engrossed

Apr 01, 2021

Senate

Committee report: do pass, adopted

Mar 08, 2021

Senate

First reading: referred to Committee on Insurance and Financial Institutions

  • Reading-1
  • Referral-Committee
insurance and financial institutions

Feb 09, 2021

House

Referred to the Senate

Feb 08, 2021

House

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

House

Senate sponsors: Senators Zay and Holdman

Feb 04, 2021

House

Second reading: ordered engrossed

Feb 02, 2021

House

Representative Austin added as coauthor

Feb 01, 2021

House

Committee report: do pass, adopted

Jan 14, 2021

House

Authored by Representative Lehman

House

First reading: referred to Committee on Financial Institutions and Insurance

  • Reading-1
  • Referral-Committee
financial institutions and insurance

House

Coauthored by Representative Carbaugh

Bill Text

Bill Text Versions Format
Introduced House Bill (H) PDF
House Bill (H) PDF
House Bill (S) PDF
Enrolled House Bill (H) PDF

Related Documents

Document Format
Fiscal Note: HB1432.04.ENRS.FN001 PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Indiana General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.