Indiana State Legislature Passes Bill Requiring Cryptocurrency Investment Options in Retirement and Savings Plans and Protecting Individuals' Rights to Use Digital Assets. House Bill 1042 mandates that multiple public plans establish self-directed brokerage accounts offering cryptocurrency options and prohibits agencies from restricting cryptocurrency payments or personal holdings. The bill also bans the imposition of special taxes on cryptocurrency transactions. The bill has now been submitted to Governor Mike Braun for signature; if signed into law, it will take effect on July 1, 2026.
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Indiana State Legislature Passes Bill Requiring Cryptocurrency Investment Options in Retirement and Savings Plans and Protecting Individuals' Rights to Use Digital Assets. House Bill 1042 mandates that multiple public plans establish self-directed brokerage accounts offering cryptocurrency options and prohibits agencies from restricting cryptocurrency payments or personal holdings. The bill also bans the imposition of special taxes on cryptocurrency transactions. The bill has now been submitted to Governor Mike Braun for signature; if signed into law, it will take effect on July 1, 2026.