---
type: "Bill"
title: "Destination development corporation foundation."
description: "Allows the destination development corporation (corporation) to establish a nonprofit subsidiary corporation to solicit and accept private sector funding, gifts, donations, bequests, devises, and contributions. Provides that the state examiner may waive the examination of the corporation and a nonprofit subsidiary corporation by the state board of accounts, if the board of the corporation engages an independent certified public accounting firm to conduct an examination of: (1) the corporation and the corporation's funds, accounts, and financial affairs; and (2) a nonprofit subsidiary corporation; in accordance with the uniform compliance guidelines, directives, and standards established by the state board of accounts."
jurisdiction: "us/states/in"
legislature: "Indiana General Assembly"
session: "2023"
identifier: "HB 1209"
citation: "Indiana HB 1209 (2023)"
classification: ["bill"]
subjects: ["ACCOUNTS", "STATE BOARD OF", "ECONOMIC DEVELOPMENT generally"]
status: "enacted"
primary_sponsors: ["Chip Perfect", "Kyle Walker", "Michael Karickhoff"]
version_count: 4
action_count: 23
vote_count: 1
first_action: "2023-01-10"
last_action: "2023-04-20"
source: "openstates"
source_identifier: "ocd-bill/cdac8b30-4012-4b0b-85bb-c60520df624b"
source_url: "http://iga.in.gov/legislative/2023/bills/house/1209"
source_hash: "c7ea5c89d5b8e8849376aeac86eda2494371f2aeb925515bd225591010ce390c"
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 HB 1209 (2023) — Destination development corporation foundation.

Allows the destination development corporation (corporation) to establish a nonprofit subsidiary corporation to solicit and accept private sector funding, gifts, donations, bequests, devises, and contributions. Provides that the state examiner may waive the examination of the corporation and a nonprofit subsidiary corporation by the state board of accounts, if the board of the corporation engages an independent certified public accounting firm to conduct an examination of: (1) the corporation and the corporation's funds, accounts, and financial affairs; and (2) a nonprofit subsidiary corporation; in accordance with the uniform compliance guidelines, directives, and standards established by the state board of accounts.

## Version chain

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

1. **Enrolled House Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/HB1209/versions/HB1209.04.ENRS)
2. **House Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/HB1209/versions/HB1209.02.COMH)
3. **House Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/HB1209/versions/HB1209.03.COMS)
4. **Introduced House Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/HB1209/versions/HB1209.01.INTR)

## Votes

- HB 1209 - Perfect - 3rd Reading — **49–0** (pass) · upper

## Sponsors

- Chip Perfect — primary (person)
- Kyle Walker — primary (person)
- Michael Karickhoff — primary (person)
- Beau Baird — coauthor (person)
- Ed Charbonneau — cosponsor (person)
- Edward DeLaney — coauthor (person)
- Fady Qaddoura — cosponsor (person)
- Steve Bartels — coauthor (person)

## Timeline

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

- **2023-01-10** Authored by Representative Karickhoff
- **2023-01-10** First reading: referred to Committee on Ways and Means `reading-1, referral-committee`
- **2023-01-19** Committee report: do pass, adopted `committee-passage`
- **2023-01-19** Representatives Bartels, Baird, DeLaney added as coauthors
- **2023-01-23** Second reading: ordered engrossed `reading-2`
- **2023-01-24** Third reading: passed; Roll Call 29: yeas 95, nays 1 `passage, reading-3, reading-3`
- **2023-01-24** Senate sponsor: Senator Perfect
- **2023-01-25** Referred to the Senate `referral`
- **2023-02-23** First reading: referred to Committee on Tax and Fiscal Policy `reading-1, referral-committee`
- **2023-03-14** Committee report: amend do pass, adopted `committee-passage`
- **2023-03-14** Senator Qaddoura added as cosponsor
- **2023-03-16** Second reading: ordered engrossed `reading-2`
- **2023-03-16** Senator Walker K added as second sponsor
- **2023-03-16** Senator Charbonneau added as cosponsor
- **2023-03-20** Third reading: passed; Roll Call 230: yeas 49, nays 0 `passage, reading-3, reading-3`
- **2023-03-21** Returned to the House with amendments `receipt`
- **2023-03-27** Motion to concur filed `filing`
- **2023-03-28** House concurred in Senate amendments; Roll Call 323: yeas 93, nays 1
- **2023-04-03** Signed by the Speaker `passage`
- **2023-04-04** Signed by the President Pro Tempore `passage`
- **2023-04-17** Signed by the President of the Senate `passage`
- **2023-04-20** Signed by the Governor `executive-signature`
- **2023-04-20** Public Law 68 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/cdac8b30-4012-4b0b-85bb-c60520df624b`. Confidence: reported (aggregated from official Indiana legislature records).