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---
type: "Bill"
title: "Grain indemnity."
description: "Defines \"revocation of a license\". Creates a process in which the director of the Indiana grain buyers and warehouse licensing agency (agency) determines whether a building or other protected enclosure constitutes a single warehouse that requires one or more licenses. Specifies the documents a person who desires to conduct business as a grain buyer, warehouse operator, or buyer-warehouse (licensee) must submit to the agency to renew a license to operate. Specifies how a business as a licensee may renew its license. Specifies the types of licenses the agency shall issue and how a license may be relinquished. Establishes what information must be included in a financial statement submitted by a licensee to the agency. Removes the ability of the agency to temporarily suspend a licensee's license. Specifies various matters related to on-premises inspections. Permits the director of the agency (director) to call an informal meeting with a licensee. Provides when the director may revoke, and when the director shall revoke, a licensee's license and what information the director must share with the licensee. Establishes various notice requirements. Permits the agency to adopt rules. Requires the director to inspect and test all equipment used to test the moisture content of grain purchased from producers once per year. Requires the Indiana grain indemnity corporation board to elect a chairperson and vice chairperson and take on various new responsibilities. Addresses various issues with producer premiums. Provides that a grain buyer shall keep accurate and correct records of grain purchased from producers documenting the producer premiums paid by producers. Establishes storage fees to determine storage loss. Requires the office of the attorney general to provide legal assistance if requested by the director. Requires the director to take possession of the bond or other security and all proceeds from a grain sale in the event a licensee has failed to meet its obligations under the grain indemnity chapter. Provides that the director shall provide informal conferences between agency representatives and persons who have or who appear to have grain deposited with the licensee in revocation. Makes technical and conforming changes."
jurisdiction: "us/states/in"
legislature: "Indiana General Assembly"
session: "2025"
identifier: "SB 461"
citation: "Indiana SB 461 (2025)"
classification: ["bill"]
subjects: ["AGENCIES; Department of Agriculture (ISDA)", "AGENCIES; Generally", "AGRICULTURE; Agricultural Commodities and Products", "AGRICULTURE; Crops", "BUILDINGS AND BUILDING REGULATIONS", "BUSINESS ORGANIZATIONS AND ASSOCIATIONS; Generally", "CIVIL LAW AND PROCEDURE; Generally", "FINANCIAL SERVICES; Bonds (Non-Judicial)", "PROFESSIONAL AND OCCUPATIONAL LICENSING; Building and Construction", "PROFESSIONAL AND OCCUPATIONAL LICENSING; Generally", "STATE ELECTED OFFICIALS; Attorney General"]
status: "enacted"
primary_sponsors: ["Beau Baird", "Jean Leising", "Susan Glick"]
version_count: 5
action_count: 26
vote_count: 3
first_action: "2025-01-13"
last_action: "2025-04-30"
source: "openstates"
source_identifier: "ocd-bill/3319fb2d-ec15-4dd5-9932-8dc0c0e987fc"
source_url: "https://api.iga.in.gov/2025/bills/sb0461"
source_hash: "dd1c468aad0ad0062347aae9fbd493493f78cfc6ba1c18befd9b2a57f5f1f876"
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 461 (2025) — Grain indemnity.
Defines "revocation of a license". Creates a process in which the director of the Indiana grain buyers and warehouse licensing agency (agency) determines whether a building or other protected enclosure constitutes a single warehouse that requires one or more licenses. Specifies the documents a person who desires to conduct business as a grain buyer, warehouse operator, or buyer-warehouse (licensee) must submit to the agency to renew a license to operate. Specifies how a business as a licensee may renew its license. Specifies the types of licenses the agency shall issue and how a license may be relinquished. Establishes what information must be included in a financial statement submitted by a licensee to the agency. Removes the ability of the agency to temporarily suspend a licensee's license. Specifies various matters related to on-premises inspections. Permits the director of the agency (director) to call an informal meeting with a licensee. Provides when the director may revoke, and when the director shall revoke, a licensee's license and what information the director must share with the licensee. Establishes various notice requirements. Permits the agency to adopt rules. Requires the director to inspect and test all equipment used to test the moisture content of grain purchased from producers once per year. Requires the Indiana grain indemnity corporation board to elect a chairperson and vice chairperson and take on various new responsibilities. Addresses various issues with producer premiums. Provides that a grain buyer shall keep accurate and correct records of grain purchased from producers documenting the producer premiums paid by producers. Establishes storage fees to determine storage loss. Requires the office of the attorney general to provide legal assistance if requested by the director. Requires the director to take possession of the bond or other security and all proceeds from a grain sale in the event a licensee has failed to meet its obligations under the grain indemnity chapter. Provides that the director shall provide informal conferences between agency representatives and persons who have or who appear to have grain deposited with the licensee in revocation. Makes technical and conforming changes.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Engrossed Senate Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0461/SB0461.04.ENGS.pdf)
2. **Enrolled Senate Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0461/SB0461.07.ENRH.pdf)
3. **Introduced Senate Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0461/SB0461.01.INTR.pdf)
4. **Senate Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0461/SB0461.05.COMH.pdf)
5. **Senate Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0461/SB0461.06.COMH.pdf)
## Votes
- SB 461 - Leising — **410** (pass) · upper
- SB 461 - Baird - 3rd Reading — **950** (pass) · lower
- SB 461 - Leising - 3rd Reading — **444** (pass) · upper
## Sponsors
- Beau Baird — primary (person)
- Jean Leising — primary (person)
- Susan Glick — primary (person)
- Kendell Culp — cosponsor (person)
- Mike Aylesworth — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2025-01-13** Authored by Senator Leising
- **2025-01-13** First reading: referred to Committee on Agriculture `reading-1, referral-committee`
- **2025-01-28** Committee report: amend do pass adopted; reassigned to Committee on Appropriations `committee-passage, referral-committee`
- **2025-01-30** Senator Glick added as second author
- **2025-02-06** Committee report: amend do pass, adopted `committee-passage`
- **2025-02-10** Amendment #2 (Leising) prevailed; voice vote `amendment-passage`
- **2025-02-10** Second reading: amended, ordered engrossed `reading-2`
- **2025-02-11** Cosponsor: Representative Aylesworth
- **2025-02-11** Third reading: passed; Roll Call 112: yeas 44, nays 4 `passage, reading-3, reading-3`
- **2025-02-11** House sponsor: Representative Baird
- **2025-02-12** Referred to the House `referral`
- **2025-03-03** First reading: referred to Committee on Agriculture and Rural Development `reading-1, referral-committee`
- **2025-03-20** Committee report: amend do pass, adopted `committee-passage`
- **2025-03-20** Recommitted to Committee on Ways and Means pursuant to House Rule 126.3
- **2025-04-01** Representative Culp added as cosponsor
- **2025-04-03** Committee report: do pass, adopted `committee-passage`
- **2025-04-07** Second reading: ordered engrossed `reading-2`
- **2025-04-09** Third reading: passed; Roll Call 413: yeas 95, nays 0 `passage, reading-3, reading-3`
- **2025-04-10** Returned to the Senate with amendments `receipt`
- **2025-04-10** Motion to concur filed `filing`
- **2025-04-16** Senate concurred with House amendments; Roll Call 464: yeas 41, nays 0
- **2025-04-17** Signed by the President Pro Tempore `passage`
- **2025-04-22** Signed by the Speaker `passage`
- **2025-04-23** Signed by the President of the Senate `passage`
- **2025-04-30** Public Law 114 `became-law`
- **2025-04-30** 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/3319fb2d-ec15-4dd5-9932-8dc0c0e987fc`. Confidence: reported (aggregated from official Indiana legislature records).