Indiana · 2026 Regular Session · Bill
HB 1241: Roth IRA rollover of 529 account balance.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1241 is a bill introduced in the Indiana House on January 5, 2026. According to its official title, it concerns: Roth IRA rollover of 529 account balance. Primary sponsor: Dave Hall (Republican). It lists 3 additional sponsors. Most recent recorded action (January 12, 2026): Representative Greene 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.
Designates as a qualified withdrawal for Indiana529 plan (529 plan) purposes a withdrawal of funds from the 529 plan in order to make a contribution to a Roth IRA, pursuant and subject to the limitations of the federal SECURE 2.0 Act. Requires the Indiana education savings authority to coordinate with the treasurer of state in the administration of contributions to 529 plans.
Sponsors
Sponsors by party (alphabetical): Republican 4
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Dave Hall | Primary sponsor | Republican | House | 62 |
| Robb Greene | Co-sponsor | Republican | House | 47 |
| Tim O'Brien | Co-sponsor | Republican | House | 78 |
| Kyle Pierce | Co-sponsor | Republican | House | 36 |
“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 Greene added as coauthor
- Representative O'Brien added as coauthor
- Coauthored by Representative Pierce K
- Authored by Representative Hall
- First reading: referred to Committee on Ways and Means