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Indiana · 2026 Regular Session · Bill

HB 1186: Restrictions on the sale of public utilities.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 1186 is a bill introduced in the Indiana House on January 5, 2026. According to its official title, it concerns: Restrictions on the sale of public utilities. Primary sponsor: Becky Cash (Republican). It lists 3 additional sponsors. Most recent recorded action (January 5, 2026): Representative Zimmerman 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.

Prohibits a public utility from: (1) selling, assigning, transferring, leasing, or encumbering its franchise, business, or property; or (2) selling, assigning, or transferring any shares of its stock; to a prohibited person. Provides that the Indiana utility regulatory commission may not approve such a transaction, and that any contract for such a transaction is void. Provides that for purposes of this prohibition, a "prohibited person" means either of the following: (1) A private equity firm or an affiliate of a private equity firm. (2) A citizen of, or a company owned or controlled by or headquartered in, China, Iran, North Korea, Russia, or a country designated as a threat to critical infrastructure by the governor.

Sponsors

Sponsors by party (alphabetical): Republican 4

NameRolePartyChamberDistrict
Becky CashPrimary sponsorRepublicanHouse25
Kendell CulpCo-sponsorRepublicanHouse16
Lorissa SweetCo-sponsorRepublicanHouse50
Alex ZimmermanCo-sponsorRepublicanHouse67

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Representative Zimmerman added as coauthor
  2. Authored by Representative Cash
  3. First reading: referred to Committee on Utilities, Energy and Telecommunications
  4. Coauthored by Representatives Culp, Sweet

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source