IN HB 1186
died on adjournmentRestrictions on the sale of public utilities.
Indiana · 2026 Regular Session (2nd Regular Session, 124th General Assembly) · lower
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Quick answers
Did IN HB 1186 pass?
No. IN HB 1186 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 (2026-01-05): Representative Zimmerman added as coauthor
What is IN HB 1186 about?
Prohibits a public utility from: (1) selling, assigning, transferring, leasing, or encumbering its franchise, business, or property; or (2) selling, assigning, or transferring any shares of its stock; to a prohibited person. Provides that the Indiana utility regulatory commission may not approve such a transaction, and that any contract for such a transaction is void. Provides that for purposes of this prohibition, a "prohibited person" means either of the following: (1) A private equity firm or an affiliate of a private equity firm. (2) A citizen of, or a company owned or controlled by or headquartered in, China, Iran, North Korea, Russia, or a country designated as a threat to critical infrastructure by the governor.
Who sponsors IN HB 1186?
Becky Cash is the primary sponsor of IN HB 1186, joined by 3 cosponsors.
Description
Prohibits a public utility from: (1) selling, assigning, transferring, leasing, or encumbering its franchise, business, or property; or (2) selling, assigning, or transferring any shares of its stock; to a prohibited person. Provides that the Indiana utility regulatory commission may not approve such a transaction, and that any contract for such a transaction is void. Provides that for purposes of this prohibition, a "prohibited person" means either of the following: (1) A private equity firm or an affiliate of a private equity firm. (2) A citizen of, or a company owned or controlled by or headquartered in, China, Iran, North Korea, Russia, or a country designated as a threat to critical infrastructure by the governor.
- Introduced
- —
- Latest action
- 2026-01-05 — Representative Zimmerman added as coauthor
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Becky Cashauthor
- Alex Zimmermancoauthor
- Lorissa Sweetcoauthor
- Kendell Culpcoauthor
Committees
Not provided by source.
Action timeline
Newest first
2026-01-05
Representative Zimmerman added as coauthor
2026-01-05
Authored by Representative Cash
2026-01-05
First reading: referred to Committee on Utilities, Energy and Telecommunications
reading-1,referral-committee
2026-01-05
Coauthored by Representatives Culp, Sweet
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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