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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.
Introduced
Jan 5, 2026
Last Action
Mar 9, 2026
Session
IN 2026
Sponsors
3 primary · 5 co
Public Law 143
Signed by the Governor
Signed by the President of the Senate
Signed by the President Pro Tempore
Signed by the Speaker
House concurred with Senate amendments; Roll Call 296: yeas 94, nays 1
Motion to concur filed
Returned to the House with amendments
Third reading: passed; Roll Call 178: yeas 45, nays 0
Second reading: ordered engrossed
Senator Tomes added as cosponsor
Committee report: amend do pass, adopted
Senator Randolph added as cosponsor
First reading: referred to Committee on Insurance and Financial Institutions
Referred to the Senate
Third reading: passed; Roll Call 143: yeas 87, nays 7
Senate sponsors: Senators Baldwin, Becker
Second reading: ordered engrossed
Committee report: amend do pass, adopted
Committee report: amend do pass, adopted
Recommitted to Committee on Ways and Means pursuant to House Rule 126.3
First reading: referred to Committee on Financial Institutions
Authored by Representative McNamara
Coauthored by Representatives Meltzer, Teshka, Steuerwald
HB 1116 was introduced on Jan 5, 2026 by Wendy McNamara in IN session 2026. It is currently signed. Most recent action on Mar 9, 2026: Public Law 143.
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Public Law 143