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Bill Apr 05, 2026

Distributions to charitable beneficiaries.

Provides that an applicant for a certificate of death has a direct interest in a certificate of death if the applicant is a beneficiary of the deceased's individual retirement account, retirement account, brokerage transfer on death account, annuity, or life insurance policy. Provides that if a charitable organization is designated as the beneficiary of an individual retirement account, retirement account, brokerage transfer on death account, annuity, or life insurance policy, a financial institution or insurance company in control of the funds must transfer the funds directly to the charitable organization without requiring certain conditions to be satisfied, if the: (1) charitable organization submits a certain affidavit.

https://openstates.org/in/bills/2025/HB1081/
Ethan Manning State Representative Kyle Pierce State Representative Cosponsor Jake Teshka State Representative Cosponsor
CITIES AND TOWNS; Generally AGENCIES; Department of Health (IDOH) CIVIL LAW AND PROCEDURE; Liabilities, Damages, and Penalties AGENCIES; Department of Financial Institutions (DFI) AGENCIES; Department of Insurance (IDOI) COURTS; Municipal Courts DEATH AND DECEASED; Generally INSURANCE; Life Insurance
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