Prohibits the operation of virtual currency kiosks in Indiana. Provides that: (1) a person that violates these provisions commits an act that is actionable by the attorney general under law regarding deceptive consumer sales; and (2) in addition to the penalties prescribed for deceptive consumer sales, a person that knowingly or intentionally violates these provisions may be ordered to forfeit one or both of: (A) the amount of the charges assessed to users of the person's virtual currency kiosks in Indiana during the period of the violation; and (B) any virtual currency kiosk operated by the operator in Indiana. Provides that the attorney general may bring an enforcement action against: (1) the operator of a virtual currency kiosk that gives rise to a violation; and (2) the owner of the premises on which the virtual currency kiosk is located if the owner knowingly or intentionally permitted the violation.
us/states/in
Indiana General Assembly
2026
HB 1116
Indiana HB 1116 (2026)
bill
CIVIL LAW AND PROCEDURE; Liabilities
Damages
and Penalties
FINANCIAL SERVICES; Currency
PROFESSIONAL AND OCCUPATIONAL LICENSING; Finance Industry
Prohibits the operation of virtual currency kiosks in Indiana. Provides that: (1) a person that violates these provisions commits an act that is actionable by the attorney general under law regarding deceptive consumer sales; and (2) in addition to the penalties prescribed for deceptive consumer sales, a person that knowingly or intentionally violates these provisions may be ordered to forfeit one or both of: (A) the amount of the charges assessed to users of the person's virtual currency kiosks in Indiana during the period of the violation; and (B) any virtual currency kiosk operated by the operator in Indiana. Provides that the attorney general may bring an enforcement action against: (1) the operator of a virtual currency kiosk that gives rise to a violation; and (2) the owner of the premises on which the virtual currency kiosk is located if the owner knowingly or intentionally permitted the violation.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Enrolled House Bill (H) (committee substitute) — source