SB 278 Indiana Senate · 2023 Regular Session

Nonprofit corporations.

Summary
Provides that the contents of an investigative demand issued by the attorney general are to be kept confidential. Defines charitable organization. Expands the definition of "public benefit corporation" to include a domestic corporation that serves a public benefit with an operating budget that is supported by public funds or authorized to spend public funds in furtherance of its mission. Provides that a court may dissolve a corporation under certain circumstances. Specifies procedural requirements that the attorney general must take before petitioning the court for dissolution of a corporation for certain reasons. Provides exceptions. Allows the attorney general to petition a court for additional remedies against a corporation, in addition to or as an alternative dissolution, for certain violations. Provides that upon a showing of reasonable cause, a court may appoint a receiver to manage a corporation under certain circumstances. Requires a corporation to keep certain records for at least three years. Allows the attorney general to inspect records of certain corporations. Prohibits a state agency from imposing a filing or reporting requirement on a charitable organization that is more burdensome than Indiana law allows. Provides exceptions. Allows the attorney general to take certain actions if the attorney general finds that a corporation has failed to comply with certain record requirements. Makes conforming changes.
Bill status passed 3 of 5 stages cleared
Introduction
Jan 2023
Committee Review
Feb 2023
Senate Passage
Feb 2023
House Passage
Governor
Introduced Jan 11, 2023 Last action Mar 6, 2023
Floor votes · Senate Feb 28, 2023

How they voted

470
Passed · 1 other
Total votes 48
Feb 28, 2023
D Democratic10
9 Yea 1
90% Yea
R Republican38
38 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
12
Key actions
4
Committee
1
Amendments
2
Feb 28, 2023
Upper · Passed
Third reading: passed; Roll Call 190: yeas 49, nays 0
upper
Feb 27, 2023
Upper · Passed
Amendment #2 (Freeman) prevailed; voice vote
upper
Feb 27, 2023
Upper · Passed
Amendment #1 (Brown L) prevailed; voice vote
upper
Feb 16, 2023
Upper · Passed
Committee report: amend do pass, adopted
upper
3 primary · 1 co-sponsor

Sponsors