IN HB 1042

enacted

Regulation and investment of cryptocurrency.

Indiana · 2026 Regular Session (2nd Regular Session, 124th General Assembly) · lower

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Quick answers

Did IN HB 1042 pass?

Yes. IN HB 1042 has been enacted into law. Latest recorded action (2026-03-03): Public Law 49

What is IN HB 1042 about?

Provides that the following shall offer, as a regular investment program, a self directed brokerage account that offers at least one cryptocurrency investment option: (1) The legislators' defined contribution plan. (2) The Hoosier START plan. (3) Specified public employees' retirement fund plans and accounts. (4) Specified teachers' retirement fund plans and accounts (including the teachers' pre-1996 account). Prohibits a public agency, other than the department of financial institutions, or a county, municipality, or township from adopting or enforcing a rule, ordinance, or other regulation that does any of the following: (1) Prohibits, restricts, or impairs an individual's ability to: (A) accept digital assets as a method of payment for legal goods and services; or (B) take custody of digital assets using specified technologies. (2) Imposes taxes or fees on: (A) use or acceptance of digital assets as a method of payment for legal goods and services; or (B) taking or maintaining custody of digital assets using a self-hosted wallet or hardware wallet; that are not applicable to comparable financial transactions that do not involve digital assets. (3) Prohibits, restricts, or impairs the ability of an individual or business to engage in specified activities pertaining to blockchains. Prohibits a public agency, other than the department of financial institutions, from adopting or enforcing a rule, ordinance, or other regulation that prohibits operation of a digital mining business. Prohibits a county, municipality, or township from adopting or enforcing a rule, ordinance, or other regulation that does any of the following: (1) Prohibits a digital asset mining business from operating in an area zoned for industrial use, or subjects a digital asset mining business located in an area zoned for industrial use to noise restrictions that are not applicable to other businesses operating in an area zoned for industrial use. (2) Prohibits private digital asset mining in a private residence located in an area that is zoned for residential use, or subjects private digital asset mining in a residence located in an area zoned for residential use to noise restrictions that do not apply to other residences in an area zoned for residential use. Provides that development or use of software for noncustodial transfer of digital assets does not constitute money transmission for purposes of statutes regarding licensure of money transmitters. Provides that a court may compel a person to disclose a digital asset private key only if no other admissible information is sufficient to provide access to the digital asset.

Who sponsors IN HB 1042?

Scott Baldwin, Kyle Walker, Kyle Pierce are the primary sponsors of IN HB 1042, joined by 3 cosponsors.

Description

Introduced: —
Latest action: 2026-03-03 — Public Law 49
Bill type: bill
Last updated: —

Subjects

Committees

Not provided by source.

Action timeline

Newest first

2026-03-03
Public Law 49
became-law
2026-03-03
Signed by the Governor
executive-signature
2026-02-27
Signed by the President of the Senate
passage
2026-02-26
Signed by the President Pro Tempore
passage
2026-02-25
House concurred with Senate amendments; Roll Call 370: yeas 59, nays 33
2026-02-25
Signed by the Speaker
passage
2026-02-24
Motion to concur filed
filing
2026-02-20
Returned to the House with amendments
receipt
2026-02-19
Third reading: passed; Roll Call 198: yeas 35, nays 10
passage,reading-3,reading-3
2026-02-16
Second reading: ordered engrossed
reading-2
2026-02-12
Committee report: amend do pass, adopted
committee-passage
2026-01-26
First reading: referred to Committee on Insurance and Financial Institutions
reading-1,referral-committee
2026-01-23
Referred to the Senate
referral
2026-01-22
Senate sponsors: Senators Walker K, Baldwin
2026-01-22
Third reading: passed; Roll Call 66: yeas 53, nays 42
passage,reading-3,reading-3
2026-01-20
Second reading: amended, ordered engrossed
reading-2
2026-01-20
Amendment #4 (Pierce K) prevailed; voice vote
amendment-passage
2026-01-20
Amendment #2 (DeLaney) failed; voice vote
amendment-failure,failure
2026-01-20
Amendment #1 (DeLaney) failed; voice vote
amendment-failure,failure
2026-01-14
Committee report: amend do pass, adopted
committee-passage
2025-12-02
Authored by Representative Pierce K
2025-12-02
Coauthored by Representatives Teshka, Judy, VanNatter
2025-12-02
First reading: referred to Committee on Financial Institutions
reading-1,referral-committee

Versions

Introduced House Bill (H)Compare
Engrossed House Bill (S)Compare
House Bill (H)Compare
Enrolled House Bill (H)Compare
(document, no version)Compare

Documents

Votes

HB 1042 - Pierce K - 3rd Reading
2026-01-22 · pass · 53-42
Member-level votes (100)
- Abbott: yes
- Goss-Reaves: yes
- Ledbetter: yes
- Shonkwiler: yes
- Aylesworth: yes
- Greene: yes
- Lehman: yes
- Smaltz: yes
- Baird: yes
- Haggard: yes
- Lindauer: yes
- Smith, H: yes
- Barrett: yes
- Hall: yes
- Lopez: yes
- Snow: yes
- Bartels: yes
- Heaton: yes
- Lucas: yes
- Soliday: yes
- Borders: yes
- Heine: yes
- May: yes
- Sweet: yes
- Carbaugh: yes
- Isa: yes
- McGuire: yes
- Teshka: yes
- Cash: yes
- Jeter: yes
- McNamara: yes
- VanNatter: yes
- Commons: yes
- Jordan: yes
- Meltzer: yes
- Wesco: yes
- Criswell: yes
- Judy: yes
- O'Brien: yes
- Yocum: yes
- Culp: yes
- Karickhoff: yes
- Olthoff: yes
- Zimmerman: yes
- DeVon: yes
- King: yes
- Patterson: yes
- Engleman: yes
- Lauer: yes
- Payne: yes
- Genda: yes
- Lawson: yes
- Pierce, K: yes
- Andrade: no
- Errington: no
- Klinker: no
- Prescott: no
- Bartlett: no
- Garcia Wilburn: no
- Manning: no
- Pressel: no
- Bascom: no
- GiaQuinta: no
- Mayfield: no
- Pryor: no
- Bauer: no
- Gore: no
- Miller, D: no
- Rowray: no
- Burton: no
- Hamilton: no
- Miller, K: no
- Shackleford: no
- Campbell: no
- Harris: no
- Moed: no
- Slager: no
- Clere: no
- Hatcher: no
- Moseley: no
- Smith, V: no
- Dant Chesser: no
- Hostettler: no
- Novak: no
- Steuerwald: no
- Davis: no
- Ireland: no
- Pfaff: no
- Summers: no
- DeLaney: no
- Jackson, C: no
- Pierce, M: no
- Dvorak: no
- Johnson, B: no
- Porter: no
- Behning: excused
- Morris: excused
- Pack: excused
- Thompson: excused
- Mr. Speaker: not voting
HB 1042 - Walker K - 3rd Reading
2026-02-19 · pass · 35-10
Member-level votes (50)
- Alexander: yes
- Busch: yes
- Freeman: yes
- Niemeyer: yes
- Alting: yes
- Carrasco: yes
- Gaskill: yes
- Niezgodski: yes
- Baldwin: yes
- Charbonneau: yes
- Glick: yes
- Raatz: yes
- Becker: yes
- Clark: yes
- Goode: yes
- Rogers: yes
- Bohacek: yes
- Crider: yes
- Koch: yes
- Taylor: yes
- Bray: yes
- Deery: yes
- Leising: yes
- Tomes: yes
- Brown: yes
- Dernulc: yes
- Maxwell: yes
- Walker K: yes
- Buchanan: yes
- Donato: yes
- McKinley: yes
- Young: yes
- Buck: yes
- Doriot: yes
- Mishler: yes
- Byrne: no
- Jackson, L: no
- Schmitt: no
- Yoder: no
- Ford J.D.: no
- Qaddoura: no
- Spencer: no
- Hunley: no
- Randolph: no
- Walker G: no
- Pol: excused
- Bassler: not voting
- Garten: not voting
- Holdman: not voting
- Johnson: not voting
HB 1042 - Pierce K
2026-02-25 · pass · 59-33
Member-level votes (100)
- Abbott: yes
- Goss-Reaves: yes
- Lehman: yes
- Shonkwiler: yes
- Aylesworth: yes
- Greene: yes
- Lindauer: yes
- Slager: yes
- Baird: yes
- Haggard: yes
- Lopez: yes
- Smaltz: yes
- Barrett: yes
- Hall: yes
- Lucas: yes
- Smith, H: yes
- Bartels: yes
- Heaton: yes
- Mayfield: yes
- Snow: yes
- Bascom: yes
- Heine: yes
- McGuire: yes
- Soliday: yes
- Behning: yes
- Isa: yes
- McNamara: yes
- Steuerwald: yes
- Borders: yes
- Jeter: yes
- Meltzer: yes
- Sweet: yes
- Carbaugh: yes
- Jordan: yes
- Miller, D: yes
- Teshka: yes
- Criswell: yes
- Judy: yes
- Morris: yes
- Thompson: yes
- Culp: yes
- Karickhoff: yes
- O'Brien: yes
- VanNatter: yes
- Davis: yes
- King: yes
- Olthoff: yes
- Wesco: yes
- DeVon: yes
- Lauer: yes
- Patterson: yes
- Yocum: yes
- Engleman: yes
- Lawson: yes
- Pierce, K: yes
- Zimmerman: yes
- Genda: yes
- Ledbetter: yes
- Rowray: yes
- Andrade: no
- Errington: no
- Johnson, B: no
- Prescott: no
- Bartlett: no
- Garcia Wilburn: no
- Klinker: no
- Pressel: no
- Bauer: no
- GiaQuinta: no
- Manning: no
- Pryor: no
- Burton: no
- Gore: no
- Moseley: no
- Shackleford: no
- Campbell: no
- Hamilton: no
- Novak: no
- Smith, V: no
- Cash: no
- Harris: no
- Pack: no
- Summers: no
- Clere: no
- Hostettler: no
- Pfaff: no
- Dant Chesser: no
- Ireland: no
- Pierce, M: no
- DeLaney: no
- Jackson, C: no
- Porter: no
- Commons: excused
- Hatcher: excused
- May: excused
- Dvorak: not voting
- Moed: not voting
- Payne: not voting
- Mr. Speaker: not voting
- Miller, K: not voting

Related bills

No related bills recorded for this bill.

Official source

https://api.iga.in.gov/2026/bills/hb1042

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:22:09.317128Z

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