IN HB 1047
died on adjournmentRegulation of payroll service providers.
Indiana · 2026 Regular Session (2nd Regular Session, 124th General Assembly) · lower
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Quick answers
Did IN HB 1047 pass?
No. IN HB 1047 died when the 2026 Regular Session (2nd Regular Session, 124th General Assembly) adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-01-08): Representative Andrade added as coauthor
What is IN HB 1047 about?
Requires a payroll service provider to provide the option to a business client that would allow the business client to hold the business client's funds in a bank account that is: (1) owned by the business client (as opposed to the payroll service provider's bank account); and (2) insured by the Federal Deposit Insurance Corporation or the National Credit Union Share Insurance Fund. Requires a payroll service provider to obtain a performance bond equal to the amount of the business client's total annual estimated payroll taxes.
Who sponsors IN HB 1047?
Jake Teshka is the primary sponsor of IN HB 1047, joined by 1 cosponsor.
Description
Requires a payroll service provider to provide the option to a business client that would allow the business client to hold the business client's funds in a bank account that is: (1) owned by the business client (as opposed to the payroll service provider's bank account); and (2) insured by the Federal Deposit Insurance Corporation or the National Credit Union Share Insurance Fund. Requires a payroll service provider to obtain a performance bond equal to the amount of the business client's total annual estimated payroll taxes.
- Introduced
- —
- Latest action
- 2026-01-08 — Representative Andrade added as coauthor
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Jake Teshkaauthor
- Mike Andradecoauthor
Committees
Not provided by source.
Action timeline
Newest first
2026-01-08
Representative Andrade added as coauthor
2025-12-02
Authored by Representative Teshka
2025-12-02
First reading: referred to Committee on Financial Institutions
reading-1,referral-committee
Versions
Documents
- application/pdf
- application/pdf(no extracted text yet)
Votes
Not provided by source.
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:22:09.317128Z
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