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HB1116 • 2026

A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.

A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Representative Wendy McNamara
Last action
2026-03-09
Official status
Enrolled House Bill (H)
Effective date
Not listed

Plain English Breakdown

The official source material does not provide details on enforcement mechanisms, penalties beyond those related to deceptive consumer sales, or exceptions for certain types of businesses.

Law Prohibiting Virtual Currency Kiosks in Indiana

This law makes it illegal to operate virtual currency kiosks in Indiana and allows penalties for violations under deceptive consumer sales laws.

What This Bill Does

  • Makes it against the rules to run virtual currency kiosks in Indiana.
  • Allows the state's attorney general to take action against operators who violate these rules using existing deceptive consumer sales laws.
  • Requires violators to forfeit either the amount of charges assessed to users during the period of violation or their virtual currency kiosk machines.

Who It Names or Affects

  • People and companies that run virtual currency kiosks in Indiana.
  • Owners of buildings where virtual currency kiosks are placed if they knowingly allowed it.

Terms To Know

Virtual Currency Kiosk
A machine or device that allows people to buy, sell, or exchange digital money (like Bitcoin) for regular money.
Attorney General
The top lawyer of a state who enforces laws and protects consumers from unfair business practices.

Limits and Unknowns

  • Does not specify what happens to people who use virtual currency kiosks before the law starts.
  • Does not provide details on enforcement or exceptions for certain types of businesses.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB1116.02.COMH.AMH13

Committee House Bill (H) • Representative Jeffrey Thompson

Filed

Plain English: This amendment adds new rules about virtual currency kiosks in Indiana.

  • Adds a new section to the Indiana Code that requires businesses operating virtual currency kiosks to register with the state and follow certain regulations.
  • The exact details of what businesses must do to comply with these new rules are not specified in this amendment text.
  • It is unclear how existing virtual currency kiosk operators will be affected by this change.
HB1116.03.COMH.AMS14

Committee House Bill (S) • Senator Scott Baldwin

Filed

Plain English: This amendment would add a new section to the Indiana Code that bans virtual currency kiosks.

  • Adds a new section to the Indiana Code that prohibits the operation of virtual currency kiosks within the state.
  • The exact definition and technical specifications of what constitutes a 'virtual currency kiosk' are not provided in the amendment text, which may lead to ambiguity.
  • It is unclear how this ban would be enforced or what penalties might apply for violations.
HB1116.01.INTR.AMH01

Committee Introduced House Bill (H) • Representative Mike Andrade

Filed

Plain English: This amendment adds new rules about customer service in Indiana's trade regulation laws.

  • Adds a new section to the Indiana Code that sets standards for how businesses must treat their customers.
  • The exact details of what these new customer service standards will include are not provided in the amendment text, making it hard to know exactly what changes will be made.
  • It is unclear which specific part of Indiana's trade regulation laws this new section will be added to.
HB1116.01.INTR.AMH02

Committee Introduced House Bill (H) • Representative Mike Andrade

Filed

Plain English: The amendment aims to add a new section to the Indiana Code related to real-time customer service.

  • Adds a new section to the Indiana Code concerning trade regulation, focusing on real-time customer service.
  • The official text does not provide specific details about what 'real-time customer service' entails or how it will be regulated.
HB1116.01.INTR.AMH06

Committee Introduced House Bill (H) • Representative Jake Teshka

Filed

Plain English: The amendment adds new rules about transaction and charge limits in Indiana's trade regulation laws.

  • Adds a section to the Indiana Code that sets limits on transactions and charges related to certain business practices.
  • The exact details of what specific transactions or charges are limited, and how these limits will be enforced, are not provided in the amendment text.
  • It is unclear which part of the Indiana Code this new section would be added to without more context.
HB1116.04.COMS.AMS001

Filed House Bill (H) • Senator Andrea Hunley

Failed

Plain English: This amendment aims to add new requirements for businesses related to trade regulation in Indiana.

  • Adds new sections to the Indiana Code that would require certain businesses to follow specific rules about trade practices.
  • The exact details of what these new trade practice rules entail are not provided, making it hard to explain fully how they will affect businesses.
  • Since this amendment failed, it did not become part of the bill and has no current legal effect.

Bill History

  1. 2026-03-09 House

    Signed by the Governor

  2. 2026-03-09 House

    Public Law 143

  3. 2026-03-02 Senate

    Signed by the President of the Senate

  4. 2026-02-24 Senate

    Signed by the President Pro Tempore

  5. 2026-02-23 House

    Signed by the Speaker

  6. 2026-02-19 House

    House concurred with Senate amendments; Roll Call 296: yeas 94, nays 1

  7. 2026-02-18 Senate

    Returned to the House with amendments

  8. 2026-02-18 House

    Motion to concur filed

  9. 2026-02-17 Senate

    Third reading: passed; Roll Call 178: yeas 45, nays 0

  10. 2026-02-16 Senate

    Second reading: ordered engrossed

  11. 2026-02-12 Senate

    Committee report: amend do pass, adopted

  12. 2026-02-12 Senate

    Senator Tomes added as cosponsor

  13. 2026-02-09 Senate

    Senator Randolph added as cosponsor

  14. 2026-02-02 Senate

    First reading: referred to Committee on Insurance and Financial Institutions

  15. 2026-01-29 House

    Referred to the Senate

  16. 2026-01-28 House

    Third reading: passed; Roll Call 143: yeas 87, nays 7

  17. 2026-01-28 House

    Senate sponsors: Senators Baldwin, Becker

  18. 2026-01-27 House

    Second reading: ordered engrossed

  19. 2026-01-22 House

    Committee report: amend do pass, adopted

  20. 2026-01-15 House

    Committee report: amend do pass, adopted

  21. 2026-01-15 House

    Recommitted to Committee on Ways and Means pursuant to House Rule 126.3

  22. 2026-01-05 House

    Authored by Representative McNamara

  23. 2026-01-05 House

    Coauthored by Representatives Meltzer, Teshka, Steuerwald

  24. 2026-01-05 House

    First reading: referred to Committee on Financial Institutions

Official Summary Text

A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.
Virtual currency kiosks.

Current Bill Text

Read the full stored bill text
A BILL FOR AN ACT to amend the Indiana Code concerning trade regulation.

Virtual currency kiosks.

Prohibits the operation of virtual currency kiosks in Indiana. Provides that: (1) a person that violates these provisions commits an act that is actionable by the attorney general under law regarding deceptive consumer sales; and (2) in addition to the penalties prescribed for deceptive consumer sales, a person that knowingly or intentionally violates these provisions may be ordered to forfeit one or both of: (A) the amount of the charges assessed to users of the person's virtual currency kiosks in Indiana during the period of the violation; and (B) any virtual currency kiosk operated by the operator in Indiana. Provides that the attorney general may bring an enforcement action against: (1) the operator of a virtual currency kiosk that gives rise to a violation; and (2) the owner of the premises on which the virtual currency kiosk is located if the owner knowingly or intentionally permitted the violation.