Fabio
119 lines
6.9 KiB
Markdown
119 lines
6.9 KiB
Markdown
---
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type: "Bill"
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title: "Prohibited pension system investments."
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description: "Prohibits the Indiana public retirement system from investing in certain restricted entities or restricted investment products, including particular investments publicly confirmed to be controlled by the People's Republic of China or the Chinese Communist Party. Specifies exceptions, a divestment schedule, and reporting requirements. Adds a provision urging the legislative council to assign to the interim study committee on pension management oversight the topic of studying whether to cease or defer divestment or resume investment in an entity or product in accordance with the provisions regarding divestment from Chinese companies."
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jurisdiction: "us/states/in"
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legislature: "Indiana General Assembly"
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session: "2023"
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identifier: "SB 268"
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citation: "Indiana SB 268 (2023)"
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classification: ["bill"]
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subjects: ["INDIANA PUBLIC RETIREMENT SYSTEM (formerly PERF)", "PENSIONS", "TRUSTS AND FIDUCIARIES"]
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status: "enacted"
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primary_sponsors: ["Aaron Freeman", "Chris Garten", "Chris Judy", "Travis Holdman"]
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version_count: 7
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action_count: 35
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vote_count: 1
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first_action: "2023-01-11"
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last_action: "2023-05-01"
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source: "openstates"
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source_identifier: "ocd-bill/91333df8-77ed-41e4-b35c-884e3e690ce6"
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source_url: "http://iga.in.gov/legislative/2023/bills/senate/268"
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source_hash: "b624cec927006df816484503e5151961aa2da777dd00856229d4c02976710045"
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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 SB 268 (2023) — Prohibited pension system investments.
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Prohibits the Indiana public retirement system from investing in certain restricted entities or restricted investment products, including particular investments publicly confirmed to be controlled by the People's Republic of China or the Chinese Communist Party. Specifies exceptions, a divestment schedule, and reporting requirements. Adds a provision urging the legislative council to assign to the interim study committee on pension management oversight the topic of studying whether to cease or defer divestment or resume investment in an entity or product in accordance with the provisions regarding divestment from Chinese companies.
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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. **Engrossed Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/SB0268/versions/SB0268.04.ENGS)
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2. **Enrolled Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/SB0268/versions/SB0268.07.ENRH)
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3. **Introduced Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/SB0268/versions/SB0268.01.INTR)
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4. **Senate Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/SB0268/versions/SB0268.05.COMH)
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5. **Senate Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/SB0268/versions/SB0268.06.COMH)
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6. **Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/SB0268/versions/SB0268.02.COMS)
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7. **Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/SB0268/versions/SB0268.03.COMS)
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## Votes
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- SB 268 - Judy - 3rd Reading — **96–0** (pass) · lower
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## Sponsors
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- Aaron Freeman — primary (person)
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- Chris Garten — primary (person)
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- Chris Judy — primary (person)
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- Travis Holdman — primary (person)
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- Andy Zay — coauthor (person)
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- Blake Doriot — coauthor (person)
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- Brian Buchanan — coauthor (person)
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- Chip Perfect — coauthor (person)
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- Chris Jeter — cosponsor (person)
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- Eric Koch — coauthor (person)
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- Greg Walker — coauthor (person)
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- Heath VanNatter — cosponsor (person)
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- James Tomes — coauthor (person)
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- Jeff Raatz — coauthor (person)
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- John Crane — coauthor (person)
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- Justin Busch — coauthor (person)
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- Linda Rogers — coauthor (person)
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- Lonnie Randolph — coauthor (person)
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- Mark Messmer — coauthor (person)
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- Martin Carbaugh — cosponsor (person)
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- Mike Gaskill — coauthor (person)
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- Scott Baldwin — coauthor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2023-01-11** Authored by Senator Garten
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- **2023-01-11** First reading: referred to Committee on Pensions and Labor `reading-1, referral-committee`
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- **2023-01-23** Senator Zay added as coauthor
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- **2023-01-24** Senator Holdman added as second author
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- **2023-01-24** Senator Freeman added as third author
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- **2023-01-24** Senators Baldwin and Buchanan added as coauthors
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- **2023-01-26** Committee report: amend do pass, adopted `committee-passage`
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- **2023-01-26** Pursuant to Senate Rule 68(b); reassigned to Committee on Appropriations `referral-committee`
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- **2023-01-26** Senator Rogers added as coauthor
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- **2023-01-30** Senator Busch added as coauthor
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- **2023-01-30** Senators Crane, Walker G, Doriot, Perfect added as coauthors
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- **2023-02-16** Senators Koch and Gaskill added as coauthors
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- **2023-02-23** Committee report: amend do pass, adopted `committee-passage`
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- **2023-02-23** Senator Messmer added as coauthor
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- **2023-02-23** Senator Randolph added as coauthor
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- **2023-02-27** Amendment #1 (Garten) prevailed; voice vote `amendment-passage`
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- **2023-02-27** Second reading: amended, ordered engrossed `reading-2`
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- **2023-02-28** Third reading: passed; Roll Call 189: yeas 49, nays 0 `passage, reading-3, reading-3`
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- **2023-02-28** House sponsor: Representative Judy
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- **2023-02-28** Cosponsors: Representatives Jeter C, Carbaugh, VanNatter
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- **2023-02-28** Senator Raatz added as coauthor
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- **2023-02-28** Senator Tomes added as coauthor
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- **2023-03-01** Referred to the House `referral`
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- **2023-03-06** First reading: referred to Committee on Employment, Labor and Pensions `reading-1, referral-committee`
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- **2023-04-06** Committee report: do pass, adopted `committee-passage`
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- **2023-04-06** Referred to the Committee on Ways and Means pursuant to House Rule 127
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- **2023-04-11** Committee report: do pass, adopted `committee-passage`
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- **2023-04-13** Second reading: ordered engrossed `reading-2`
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- **2023-04-17** Third reading: passed; Roll Call 429: yeas 96, nays 0 `passage, reading-3, reading-3`
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- **2023-04-18** Signed by the President Pro Tempore `passage`
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- **2023-04-18** Returned to the Senate without amendments `receipt`
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- **2023-04-21** Signed by the Speaker `passage`
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- **2023-04-26** Signed by the President of the Senate `passage`
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- **2023-05-01** Signed by the Governor `executive-signature`
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- **2023-05-01** Public Law 104 `became-law`
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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/91333df8-77ed-41e4-b35c-884e3e690ce6`. Confidence: reported (aggregated from official Indiana legislature records).
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