republic-os/legislation/us/states/in/2026/hb-1273.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Requirements for proxy advisors.	Provides that if a proxy advisor makes a recommendation against entity management on an entity proposal or proxy proposal, or makes a default recommendation or policy concerning votes against entity management on entity proposals or proxy proposals, and the proxy advisor does not do so based on a written financial analysis, the proxy advisor shall do the following: (1) At the time the proxy advisor provides the proxy advisory services, provide a clear and conspicuous disclosure to each interest holder or any person acting on behalf of an interest holder, receiving the proxy advisory services, that: (A) identifies the services being provided by the proxy advisor; (B) identifies the recommendation at issue; and (C) states that the proxy advisor has made the recommendation without utilizing a written financial analysis regarding the impact that the recommended action would have on entity interest holders. (2) If the proxy advisor provides certain proxy advisory services, then at the time the proxy advisor provides the proxy advisory services, the proxy advisor must provide to entity management the disclosure provided to each interest holder or any person acting on behalf of an interest holder receiving the proxy advisory services. (3) For the entire time that a proxy advisor is providing proxy advisory services to an interest holder of an entity or any person acting on behalf of an interest holder of an entity, prominently display on the home page of the proxy advisor's website a statement that the proxy advisor has made a recommendation: (A) against entity management on an entity proposal or proxy proposal; and (B) without utilizing a written financial analysis regarding the impact that the recommended action would	us/states/in	Indiana General Assembly	2026	HB 1273	Indiana HB 1273 (2026)	bill	AGENCIES; Generally COUNTY GOVERNMENT LOCAL GOVERNMENT; Generally TOWNSHIPS AND TOWNSHIP OFFICERS TRADE REGULATIONS; Generally	enacted	Kyle Pierce Scott Baldwin	4	28	3	2026-01-06	2026-03-03	openstates	ocd-bill/64441201-7103-4e63-b702-3dbb9710d08f	https://api.iga.in.gov/2026/bills/hb1273	ed2f87e071cff6d0b64f75b48dbd70e99253dcb3020c0fccf93ae546ed2f68f5	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-in

Indiana HB 1273 (2026) — Requirements for proxy advisors.

Provides that if a proxy advisor makes a recommendation against entity management on an entity proposal or proxy proposal, or makes a default recommendation or policy concerning votes against entity management on entity proposals or proxy proposals, and the proxy advisor does not do so based on a written financial analysis, the proxy advisor shall do the following: (1) At the time the proxy advisor provides the proxy advisory services, provide a clear and conspicuous disclosure to each interest holder or any person acting on behalf of an interest holder, receiving the proxy advisory services, that: (A) identifies the services being provided by the proxy advisor; (B) identifies the recommendation at issue; and (C) states that the proxy advisor has made the recommendation without utilizing a written financial analysis regarding the impact that the recommended action would have on entity interest holders. (2) If the proxy advisor provides certain proxy advisory services, then at the time the proxy advisor provides the proxy advisory services, the proxy advisor must provide to entity management the disclosure provided to each interest holder or any person acting on behalf of an interest holder receiving the proxy advisory services. (3) For the entire time that a proxy advisor is providing proxy advisory services to an interest holder of an entity or any person acting on behalf of an interest holder of an entity, prominently display on the home page of the proxy advisor's website a statement that the proxy advisor has made a recommendation: (A) against entity management on an entity proposal or proxy proposal; and (B) without utilizing a written financial analysis regarding the impact that the recommended action would

Version chain

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

1. Enrolled House Bill (H) (committee substitute) — source
2. House Bill (H) (committee substitute) — source
3. House Bill (S) (committee substitute) — source
4. Introduced House Bill (H) (committee substitute) — source

Votes

• HB 1273 - Pierce K - 3rd Reading — 67–21 (pass) · lower
• HB 1273 - Pierce K — 72–20 (pass) · lower
• HB 1273 - Baldwin - 3rd Reading — 41–4 (pass) · upper

Sponsors

• Kyle Pierce — primary (person)
• Scott Baldwin — primary (person)
• Jake Teshka — coauthor (person)
• Mike Andrade — coauthor (person)

Timeline

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

• 2026-01-06 Authored by Representative Pierce K
• 2026-01-06 First reading: referred to Committee on Financial Institutions reading-1, referral-committee
• 2026-01-12 Representative Andrade added as coauthor
• 2026-01-13 Committee report: amend do pass, adopted committee-passage
• 2026-01-14 Representative Teshka added as coauthor
• 2026-01-15 Second reading: ordered engrossed reading-2
• 2026-01-20 Senate sponsor: Senator Baldwin
• 2026-01-21 Referred to the Senate referral
• 2026-01-20 Third reading: passed; Roll Call 63: yeas 67, nays 21 passage, reading-3, reading-3
• 2026-01-26 First reading: referred to Committee on Insurance and Financial Institutions reading-1, referral-committee
• 2026-02-12 Committee report: amend do pass, adopted committee-passage
• 2026-02-16 Second reading: ordered engrossed reading-2
• 2026-02-17 Third reading: passed; Roll Call 186: yeas 41, nays 4 passage, reading-3, reading-3
• 2026-02-18 Returned to the House with amendments receipt
• 2026-02-18 House dissented from Senate amendments
• 2026-02-18 Motion to dissent filed filing
• 2026-02-19 Senate advisors appointed: Randolph Lonnie M, Walker K
• 2026-02-19 Senate conferees appointed: Baldwin, Qaddoura
• 2026-02-19 House conferees appointed: Pierce K, Andrade
• 2026-02-19 House advisors appointed: Teshka, Lauer, Miller K
• 2026-02-24 Motion to concur filed filing
• 2026-02-24 Dissent rescinded
• 2026-02-25 Signed by the Speaker passage
• 2026-02-25 House concurred with Senate amendments; Roll Call 368: yeas 72, nays 20
• 2026-03-03 Public Law 60 became-law
• 2026-02-27 Signed by the President Pro Tempore passage
• 2026-02-27 Signed by the President of the Senate passage
• 2026-03-03 Signed by the Governor executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/64441201-7103-4e63-b702-3dbb9710d08f. Confidence: reported (aggregated from official Indiana legislature records).