Fraud prevention. Amends the definition of "principal office" for purposes of the statutes governing business entities. Provides that if a person submits a biennial report on behalf of another person, the person submitting the biennial report must take reasonable steps to verify the identity of the person for whom the submitting person is submitting the biennial report. Provides certain requirements for a person operating a commercial mail receiving agency. Provides that a domestic filing entity may apply for reinstatement more than five years after the entity is administratively dissolved if the entity describes the: (1) reason the entity is requesting reinstatement; and (2) the intended future activities of the entity.

Bullion depositories. Defines "bullion" as refined silver or gold that has certain specified characteristics. Defines "specie" as bullion that is fabricated into products that are suitable for, or customarily used as, currency or a medium of exchange. Defines "specie legal tender" as: (1) specie coin issued by the United States government; or (2) any other specie that a federal court determines to be within state authority to make or designate as legal tender under the Constitution of the United States. Provides that bullion is not subject to assessment and taxation under Indiana's property tax statute. Provides that the exchange of one type or form of legal tender for another type or form of legal tender is exempt from the state gross retail tax. Provides that: (1) specie legal tender; and (2) electronic currency; are recognized as legal tender in Indiana. Provides that except as otherwise specifically provided by law or contract, a person may not compel any other person to tender or accept specie as legal tender. Provides that a prevailing party in an action for breach of any contract provision that expressly designates a type or form of specie as tender is entitled to specific performance of the contract provision.

Quantum research tax incentives. Amends the state sales and use tax exemption for data centers to include projects for investments in a quantum computing research, advanced computing, and defense infrastructure network that result in a minimum qualified investment within five years of at least $50,000,000.

Insurance matters. Provides that the director of the state personnel department may make a determination to provide coverage under the state employee health plan for emergency medical services as part of a mobile integrated healthcare program. Provides that the requirement for a policy of accident and sickness insurance and a health maintenance organization contract to provide reimbursement for emergency medical services includes emergency medical services that are performed or provided as part of a mobile integrated healthcare program. Repeals a provision that requires the department of insurance to maintain an electronic system for the collection and storage of information concerning transactions involving residential property. Provides that the article regarding consumer data protection does not apply to any organization exempt from taxation under Section 501(c)(4) of the Internal Revenue Code that is: (1) established to detect or prevent insurance related crime or fraud; and (2) subject to a memorandum of understanding with a statewide law enforcement agency. Changes the deadline for the Indiana Public Employers' Plan, Inc., to apply to the insurance commissioner for a certificate of authority to transact business as a domestic tax exempt reciprocal insurance company from before December 31, 2026, to before December 31, 2030. Repeals the statute requiring carriers of health insurance plans to conduct annual public forums. Provides that provisions requiring a notice of material change apply to personal automobile or homeowner's policies that are issued, delivered, amended, or renewed after June 30, 2026. Amends the definition of "small employer" in the chapter regarding small employer group health insurance. Makes corresponding changes.

Appropriation to community mental health centers. Appropriates $3,000,000 from the state general fund to the division of mental health and addiction to award grants to community mental health centers in low income areas to hire mental health professionals.

Onsite wastewater industry registry. Provides that beginning January 1, 2026, an individual may not engage in onsite sewage system service of a residential onsite sewage system in Indiana unless the individual registers with the board of registration for onsite wastewater professionals (board) as an onsite wastewater professional. Requires the board to adopt management rules to implement the registration program and to maintain a public registry of registered onsite wastewater professionals.

Waste disposal. Provides that depositing or causing or allowing the deposit of contaminants or solid waste upon the land is a Class C misdemeanor in certain circumstances.

Background checks. Amends the definition of "criminal history information" to include a criminal charge of a sex offense. Adds certain records to the list of juvenile records for which confidentiality does not apply.

Long term care insurance partnership program. Requires the office of the secretary of family and social services to reapply before September 1, 2025, for a Medicaid state plan amendment that provides for the establishment of the long term care partnership program and the discontinuance of the current long term care program.

Ownership of health care providers. Requires reporting of certain ownership information by: (1) a hospital to the Indiana department of health (state department); (2) certain health care entities to the secretary of state; and (3) an insurer, a third party administrator, and a pharmacy benefit manager to the department of insurance. Requires the secretary of state and the department of insurance to provide the ownership information to the state department. Requires the state department to annually publish a report concerning the ownership information. Amends the definition of "health care entity" for provisions governing health care entity mergers and acquisitions. Allows the office of the attorney general to investigate the market concentration of a health care entity.

Real property assessments. Provides a maximum property tax liability credit for homestead property. Specifies a credit amount for certain qualified individuals and specifies the credit amount for all other homestead owners.

Vapor products and e-liquids matters. Repeals statutory language that the vapor pens and e-liquid article does not apply to a manufacturer of a closed system vapor product. Requires a manufacturer of vapor products that contain nicotine and e-liquid that contains nicotine to certify that the manufacturer is going to comply with certain manufacturing and safety requirements and that the manufacturer has received from or submitted certain documents to the Food and Drug Administration (FDA). Requires a manufacturer to submit certain information to the alcohol and tobacco commission. Requires the commission to create a directory that lists all: (1) vapor products and e-liquid manufacturers; and (2) vapor products and e-liquid in which certification forms have been submitted to the commission. Provides that vapor products and e-liquid not included in the directory cannot be sold to consumers in Indiana. Provides penalties for violations. Requires certain nonresident or foreign manufacturers of vapor products or e-liquids to appoint an agent for service of process and to submit to the commission a surety bond. Requires the commission to submit a report to the general assembly each year regarding the status of the directory, information regarding the collection of fees, enforcement activities, and other information.

Long term care savings accounts. Establishes the primary care access revolving fund (fund) for the purpose of making loans to primary care medical practices in Indiana. Specifies the purposes for which money in the fund may be loaned. Provides that the Indiana finance authority shall administer the fund. Requires the Indiana economic development corporation (IEDC) to transfer $15,000,000 to the fund from the amount appropriated to the IEDC by the general assembly in the 2025-2026 state fiscal year. Increases the employee threshold for purposes of eligibility for the health reimbursement arrangement income tax credit. Increases the maximum amount of tax credits that may be granted in a year. Specifies the procedure for claiming the credit. Allows an employer to establish a long term care savings account program that allows an employee to save with favorable tax treatment for services required when the employee's or the employee's dependents' functional capacities become chronically impaired due to advanced age or other circumstances. Expands the physician practice ownership tax credit (tax credit) against state tax liability to practicing physicians (instead of only primary care physicians) who have an ownership interest in a physician practice and meet other eligibility criteria. Requires a taxpayer claiming the tax credit to certify that each physician with an ownership interest provides health care services to patients. Provides that the total amount of tax credits awarded in a state fiscal year may not exceed $20,000,000.

County government matters. Allows an executive session to be held to communicate with an attorney, subject to the attorney client privilege. Excludes conveyances to a unit from the definition of a "conveyance document". Amends requirements for local ordinances concerning the operation of a golf cart or an off-road vehicle. Provides that if a body is to be transported by common carrier, the person in charge of interment shall secure a burial transit permit in duplicate from certain individuals. Provides that the governing body of a school corporation may enter into a public-private agreement for the construction or renovation of school buildings under the statutes governing public-private agreements. Provides that certain fees collected by the county recorder are deposited in the county recorder's records perpetuation fund. Provides that a fee for recording a mortgage assumption is the same as the fee for recording a mortgage. Prohibits a county employee from taking action on a county contract, unless permitted by a county ordinance. Amends the definition of "residential property" used for an allocation area established after June 30, 2025. Provides that, after June 30, 2025, no action shall be brought with respect to jail or prison conditions under state law by an offender until such administrative remedies as are available are exhausted.

Prohibited food ingredients. Prohibits the use of various food additives in Indiana.