SB0289Introduced in the Senate
Public depositories.
Introduced by Kyle Walker, District 31
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Public depositories. Provides that if two or fewer financial institutions that have a branch or principal office in a county or in a county contiguous to the county that is located in Indiana are willing to accept public funds, the board of finance for the county may: (1) treat the financial institutions that are located within the county or a county contiguous to the county that is located in Indiana as if the financial institutions were not located within the county or a county contiguous to the county; and (2) designate certain financial institutions to receive public funds. Makes conforming changes.
Where it stands
Committee report: amend do pass, adopted
January 22, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Authored by Senators Walker K, Baldwin
First reading: referred to Committee on Insurance and Financial Institutions
Senator Randolph added as coauthor
Committee report: amend do pass, adopted
Verify the information
- Official page on the Indiana Legislature website
- Senate Insurance and Financial Institutions Amendment #2 (amendment)
- Senate Insurance and Financial Institutions Amendment #4 (amendment)
- Senate Insurance and Financial Institutions Amendment #3 (amendment)
- Fiscal Note (supplement)
- Vote Sheet (supplement)
- Committee Report (supplement)
- Fiscal Note (supplement)
- Introduced (text)
- Comm Sub (text)
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