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Committee advances bill to require disclosure of foreign funding in political activity, adopts changes
Summary
After stakeholder-driven changes, the Judiciary committee voted 12–0 to pass Senate Bill 256, a state-level foreign registration framework that raises the ownership threshold to 51% and revises definitions and reporting timelines; testimony included support from State Shield and concerns from the Indiana Bankers Association about ambiguous language in Section 14(b).
The Judiciary committee passed Senate Bill 256 on Feb. 16, approving the state-level foreign registration framework 12–0 after adopting stakeholder-led amendments and hearing public testimony.
Representative Collins, the bill sponsor in the House, told the committee the bill "creates a foreign agent registration framework that brings needed transparency to who is funding and engaging in political activity." He said the measure targets disclosure — not prohibition — and that stakeholders, including the Indiana Chamber and others, helped shape a series of amendments.
Amendment highlights: the…
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