5941153bb7
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
85 lines
5.1 KiB
Markdown
85 lines
5.1 KiB
Markdown
---
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type: "Bill"
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title: "Political subdivision risk management."
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description: "Requires the Indiana Public Employers' Plan, Inc. (IPEP), which was established as a domestic nonprofit corporation, to apply for a certificate of authority to transact business as a domestic tax exempt reciprocal insurance company. Provides that, when IPEP receives the certificate of authority and begins to transact business as a domestic tax exempt reciprocal insurance company, all powers, duties, agreements, and liabilities that IPEP had as a domestic nonprofit corporation are transferred to the domestic tax exempt reciprocal insurance company as the successor entity. Repeals and strikes provisions under which mutual insurance associations and reciprocal associations formed and operating for the writing of worker's compensation insurance are exempt from certain laws."
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jurisdiction: "us/states/in"
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legislature: "Indiana General Assembly"
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session: "2021"
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identifier: "HB 1432"
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citation: "Indiana HB 1432 (2021)"
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classification: ["bill"]
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subjects: ["INSURANCE generally", "LABOR AND EMPLOYMENT", "Worker's Compensation", "TAXES generally"]
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status: "enacted"
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primary_sponsors: ["Andy Zay", "Matt Lehman", "Travis Holdman"]
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version_count: 4
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action_count: 20
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vote_count: 1
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first_action: "2021-01-14"
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last_action: "2021-04-23"
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source: "openstates"
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source_identifier: "ocd-bill/33fe40e8-1951-4852-a0e2-824a39d7749e"
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source_url: "http://iga.in.gov/legislative/2021/bills/house/1432"
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source_hash: "af5d4aa42eaa1d6abbea619fc4ce266b382a8de3f3b2d75d2e977ef835d69464"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-in"]
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---
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# Indiana HB 1432 (2021) — Political subdivision risk management.
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Requires the Indiana Public Employers' Plan, Inc. (IPEP), which was established as a domestic nonprofit corporation, to apply for a certificate of authority to transact business as a domestic tax exempt reciprocal insurance company. Provides that, when IPEP receives the certificate of authority and begins to transact business as a domestic tax exempt reciprocal insurance company, all powers, duties, agreements, and liabilities that IPEP had as a domestic nonprofit corporation are transferred to the domestic tax exempt reciprocal insurance company as the successor entity. Repeals and strikes provisions under which mutual insurance associations and reciprocal associations formed and operating for the writing of worker's compensation insurance are exempt from certain laws.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Enrolled House Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2021/bills/HB1432/versions/HB1432.04.ENRS)
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2. **House Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2021/bills/HB1432/versions/HB1432.02.COMH)
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3. **House Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2021/bills/HB1432/versions/HB1432.03.COMS)
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4. **Introduced House Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2021/bills/HB1432/versions/HB1432.01.INTR)
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## Votes
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- HB 1432 - Zay - 3rd Reading — **38–9** (pass) · upper
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## Sponsors
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- Andy Zay — primary (person)
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- Matt Lehman — primary (person)
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- Travis Holdman — primary (person)
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- Lonnie Randolph — cosponsor (person)
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- Martin Carbaugh — coauthor (person)
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- Terri Jo Austin — coauthor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-01-14** Coauthored by Representative Carbaugh
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- **2021-01-14** Authored by Representative Lehman
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- **2021-01-14** First reading: referred to Committee on Financial Institutions and Insurance `reading-1, referral-committee`
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- **2021-02-01** Committee report: do pass, adopted `committee-passage`
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- **2021-02-02** Representative Austin added as coauthor
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- **2021-02-04** Second reading: ordered engrossed `reading-2`
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- **2021-02-08** Senate sponsors: Senators Zay and Holdman
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- **2021-02-08** Third reading: passed; Roll Call 89: yeas 96, nays 0 `passage, reading-3`
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- **2021-02-09** Referred to the Senate
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- **2021-03-08** First reading: referred to Committee on Insurance and Financial Institutions `reading-1, referral-committee`
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- **2021-04-01** Committee report: do pass, adopted `committee-passage`
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- **2021-04-06** Second reading: ordered engrossed `reading-2`
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- **2021-04-08** Third reading: passed; Roll Call 367: yeas 38, nays 9 `passage, reading-3`
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- **2021-04-08** Senator Randolph added as cosponsor
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- **2021-04-09** Returned to the House without amendments
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- **2021-04-13** Signed by the Speaker
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- **2021-04-21** Signed by the President Pro Tempore
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- **2021-04-22** Signed by the President of the Senate
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- **2021-04-23** Public Law 117
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- **2021-04-23** Signed by the Governor `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/33fe40e8-1951-4852-a0e2-824a39d7749e`. Confidence: reported (aggregated from official Indiana legislature records).
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