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International money wiring fee.

In committee: it can still change before the session ends.

IN HB 1229 · House Bill · 2026

Stage
In committee
Started in
House
Sponsor
1
Latest action
Jan 5, 2026

What it does

Requires a money transmitter (entities licensed under the Money Transmission Modernization Act) to collect and remit an international money wiring fee from senders of a money transmission to a location outside of the United States. Allows a money transmitter to retain a collection allowance from the fee amounts remitted. Provides an income tax credit to individuals who are a citizen or national of the United States, or an alien who has lawful permanent resident status or conditional permanent resident status, and paid an international money wiring fee during the taxable year. Renames the community services quality assurance fund the community based services fund (fund). Requires 20% of the…

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Where it stands

  1. Introduced (Done)

  2. Committee (Current step)

    In committee · Jan 5, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in Indiana.

Work with this bill

International money wiring fee. | 52