Indiana · 2026 Regular Session · Bill
HB 1047: Regulation of payroll service providers.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1047 is a bill introduced in the Indiana House on December 2, 2025. According to its official title, it concerns: Regulation of payroll service providers. Primary sponsor: Jake Teshka (Republican). It lists 1 additional sponsor. Most recent recorded action (January 8, 2026): Representative Andrade added as coauthor.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Requires a payroll service provider to provide the option to a business client that would allow the business client to hold the business client's funds in a bank account that is: (1) owned by the business client (as opposed to the payroll service provider's bank account); and (2) insured by the Federal Deposit Insurance Corporation or the National Credit Union Share Insurance Fund. Requires a payroll service provider to obtain a performance bond equal to the amount of the business client's total annual estimated payroll taxes.
Sponsors
Sponsors by party (alphabetical): Democratic 1 · Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jake Teshka | Primary sponsor | Republican | House | 7 |
| Mike Andrade | Co-sponsor | Democratic | House | 12 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Representative Andrade added as coauthor
- Authored by Representative Teshka
- First reading: referred to Committee on Financial Institutions