Indiana · 2026 Regular Session · Bill
SB 279: Private credit funds.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 279 is a bill introduced in the Indiana Senate on January 12, 2026. According to its official title, it concerns: Private credit funds. Primary sponsor: Ed Charbonneau (Republican), Eric Bassler (Republican). Most recent recorded action (January 12, 2026): First reading: referred to Committee on Insurance and Financial Institutions.
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.
Provides that after June 30, 2026, the responsible party or fund manager for a private credit fund (fund) shall deliver to: (1) an Indiana investor that has invested capital in the fund; and (2) the securities commissioner (commissioner); an investor report on at least a quarterly basis. Sets forth certain disclosures that an investor report must include. Provides that any investment information that is delivered or communicated to an Indiana investor after June 30, 2026, may not include language that positively describes the fund's risk profile unless a disclaimer is provided or the fund's assets are rated by an outside credit rating agency. Provides that the responsible party or fund manager for a fund shall, upon the written request of an Indiana investor or the commissioner, make available in writing the fund manager's policies with respect to specified investment and management practices. Requires the commissioner to adopt rules to implement and administer these provisions. Authorizes the commissioner to use any lawful means within the commissioner's authority to enforce these provisions.
Sponsors
Sponsors by party (alphabetical): Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Ed Charbonneau | Primary sponsor | Republican | Senate | 5 |
| Eric Bassler | Primary sponsor | Republican | Senate | 39 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- First reading: referred to Committee on Insurance and Financial Institutions
- Authored by Senators Charbonneau, Bassler