Legislation: batch B — IL IN KS KY LA MA MD ME MI MN

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>

legislation/us/states/in/2020/sb-358.md

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+---
+type: "Bill"
+title: "Business associations of real estate agents."
+description: "Allows a broker company to pay compensation directly to a business entity owned by a licensed broker that has been formed for the purpose of receiving compensation earned by the broker."
+jurisdiction: "us/states/in"
+legislature: "Indiana General Assembly"
+session: "2020"
+identifier: "SB 358"
+citation: "Indiana SB 358 (2020)"
+classification: ["bill"]
+subjects: ["REAL ESTATE APPRAISERS", "BROKERS", "AND SALESPERSONS"]
+status: "enacted"
+primary_sponsors: ["Chip Perfect", "Ethan Manning", "James Merritt"]
+version_count: 4
+action_count: 21
+vote_count: 2
+first_action: "2020-01-13"
+last_action: "2020-03-14"
+source: "openstates"
+source_identifier: "ocd-bill/7c6ece33-be04-4e8c-a4f5-5100d90b09f9"
+source_url: "http://iga.in.gov/legislative/2020/bills/senate/358"
+source_hash: "70aebfeaaa71dcc13c0c64575f0691ba3b665a161c5e09771722e9c38264aaf8"
+vintage: "2026-07-01"
+source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
+retrieved_at: "2026-07-06"
+confidence: "reported"
+tags: ["legislation", "bill", "us-in"]
+---
+
+# Indiana SB 358 (2020) — Business associations of real estate agents.
+
+Allows a broker company to pay compensation directly to a business entity owned by a licensed broker that has been formed for the purpose of receiving compensation earned by the broker.
+
+## Version chain
+
+The bill's text revisions, in order — the diff chain from filing to enrollment.
+
+1. **Enrolled Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2020/bills/SB0358/versions/SB0358.04.ENRH)
+2. **Introduced Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2020/bills/SB0358/versions/SB0358.01.INTR)
+3. **Senate Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2020/bills/SB0358/versions/SB0358.02.COMS)
+4. **Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2020/bills/SB0358/versions/SB0358.03.COMH)
+
+## Votes
+
+- SB 358 - Merritt - 3rd Reading — **50–0** (pass) · upper
+- SB 358 - Manning - 3rd Reading — **92–0** (pass) · lower
+
+## Sponsors
+
+- Chip Perfect — primary (person)
+- Ethan Manning — primary (person)
+- James Merritt — primary (person)
+- Carey Hamilton — cosponsor (person)
+- Edward Clere — cosponsor (person)
+- Lonnie Randolph — coauthor (person)
+- Woody Burton — cosponsor (person)
+
+## Timeline
+
+The legislative action history — every referral, reading, and vote.
+
+- **2020-01-13** Authored by Senator Merritt
+- **2020-01-13** First reading: referred to Committee on Commerce and Technology `reading-1, referral-committee`
+- **2020-01-23** Committee report: amend do pass, adopted `committee-passage`
+- **2020-01-27** Second reading: ordered engrossed `reading-2`
+- **2020-01-27** Senator Perfect added as second author
+- **2020-01-28** Third reading: passed; Roll Call 88: yeas 50, nays 0 `reading-3, passage`
+- **2020-01-28** House sponsor: Representative Manning
+- **2020-01-28** Cosponsor: Representative Clere
+- **2020-01-28** Senator Randolph added as coauthor
+- **2020-01-29** Referred to the House
+- **2020-02-10** First reading: referred to Committee on Financial Institutions `reading-1, referral-committee`
+- **2020-02-20** Committee report: do pass, adopted `committee-passage`
+- **2020-02-20** Representatives Burton and Hamilton added as cosponsors
+- **2020-02-24** Second reading: ordered engrossed `reading-2`
+- **2020-02-25** Third reading: passed; Roll Call 213: yeas 92, nays 0 `reading-3, passage`
+- **2020-02-26** Returned to the Senate without amendments
+- **2020-03-02** Signed by the President Pro Tempore
+- **2020-03-03** Signed by the Speaker
+- **2020-03-11** Signed by the President of the Senate
+- **2020-03-14** Public Law 32
+- **2020-03-14** Signed by the Governor `executive-signature`
+
+## Source
+
+OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7c6ece33-be04-4e8c-a4f5-5100d90b09f9`. Confidence: reported (aggregated from official Indiana legislature records).
+