---
type: "Bill"
title: "Fiduciary duty in health plan administration."
description: "Provides that any third party administrator or pharmacy benefit manager acting on behalf of a plan sponsor owes a fiduciary duty to the plan sponsor."
jurisdiction: "us/states/in"
legislature: "Indiana General Assembly"
session: "2025"
identifier: "SB 3"
citation: "Indiana SB 3 (2025)"
classification: ["bill"]
subjects: ["AGENCIES; Department of Insurance (IDOI)", "HEALTH; Behavioral Health; Generally", "HEALTH; Billing and Costs", "INSURANCE; Health Insurance", "LABOR AND EMPLOYMENT; Collective Bargaining", "Benefits", "and Wages"]
status: "enacted"
primary_sponsors: ["Chris Garten", "Ed Charbonneau", "Justin Busch", "Martin Carbaugh"]
version_count: 4
action_count: 25
vote_count: 4
first_action: "2025-01-14"
last_action: "2025-04-16"
source: "openstates"
source_identifier: "ocd-bill/40a2bbe2-1cdf-4b00-9e23-b48583feea27"
source_url: "https://api.iga.in.gov/2025/bills/sb0003"
source_hash: "e2ba316ba1ed3f27c2ea43de0925985ff3c9df452ef61fc5c5d6b1e6a6ef6ed5"
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 3 (2025) — Fiduciary duty in health plan administration.

Provides that any third party administrator or pharmacy benefit manager acting on behalf of a plan sponsor owes a fiduciary duty to the plan sponsor.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Enrolled Senate Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0003/SB0003.04.ENRH.pdf)
2. **Introduced Senate Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0003/SB0003.01.INTR.pdf)
3. **Senate Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0003/SB0003.02.COMS.pdf)
4. **Senate Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0003/SB0003.03.COMH.pdf)

## Votes

- SB 3 - Busch - 3rd Reading — **47–0** (pass) · upper
- SB 3 - Carbaugh - 3rd Reading — **89–0** (pass) · lower
- SB 3 - Carbaugh - 2nd Reading — **28–61** (fail) · lower
- SB 3 - Busch — **48–0** (pass) · upper

## Sponsors

- Chris Garten — primary (person)
- Ed Charbonneau — primary (person)
- Justin Busch — primary (person)
- Martin Carbaugh — primary (person)
- Chris Campbell — cosponsor (person)
- Lonnie Randolph — coauthor (person)
- Tyler Johnson — coauthor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2025-01-14** First reading: referred to Committee on Health and Provider Services `reading-1, referral-committee`
- **2025-01-14** Authored by Senator Busch
- **2025-01-16** Senator Garten added as third author
- **2025-01-16** Senator Johnson T added as coauthor
- **2025-01-16** Senator Charbonneau added as second author
- **2025-01-29** Committee report: amend do pass, adopted `committee-passage`
- **2025-02-13** Second reading: ordered engrossed `reading-2`
- **2025-02-13** Senator Randolph added as coauthor
- **2025-02-17** Third reading: passed; Roll Call 134: yeas 47, nays 0 `passage, reading-3, reading-3`
- **2025-02-17** House sponsor: Representative Carbaugh
- **2025-02-18** Referred to the House `referral`
- **2025-03-03** First reading: referred to Committee on Insurance `reading-1, referral-committee`
- **2025-03-13** Representative Campbell added as cosponsor
- **2025-03-25** Committee report: amend do pass, adopted `committee-passage`
- **2025-03-27** Amendment #1 (Campbell) failed; Roll Call 317: yeas 28, nays 61 `amendment-failure, failure`
- **2025-03-27** Second reading: ordered engrossed `reading-2`
- **2025-03-31** Third reading: passed; Roll Call 329: yeas 89, nays 0 `passage, reading-3, reading-3`
- **2025-04-01** Motion to concur filed `filing`
- **2025-04-01** Returned to the Senate with amendments `receipt`
- **2025-04-03** Senate concurred with House amendments; Roll Call 337: yeas 48, nays 0
- **2025-04-08** Signed by the Speaker `passage`
- **2025-04-09** Signed by the President of the Senate `passage`
- **2025-04-08** Signed by the President Pro Tempore `passage`
- **2025-04-16** Public Law 69 `became-law`
- **2025-04-16** 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/40a2bbe2-1cdf-4b00-9e23-b48583feea27`. Confidence: reported (aggregated from official Indiana legislature records).