# Indiana HB 1300: Deferred retirement option plan.

Indiana HB 1300, Deferred retirement option plan., is a Second Regular Session 124th General Assembly (2026) House bill sponsored by Vernon Smith (Democratic); status failed, last action 2026-01-06 (First reading: referred to Committee on Employment, Labor and Pensions) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IN-HB1300-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Indiana HB 1300
- State: Indiana
- Session: Second Regular Session 124th General Assembly (2026)
- Title: Deferred retirement option plan.
- Status: failed
- Chamber: House
- Introduced: 2026-01-06
- Last action: 2026-01-06, First reading: referred to Committee on Employment, Labor and Pensions
- Sponsor: Vernon Smith (Democratic)
- Cosponsors: 0
- Subjects: employment
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Allows a member of the 1925 police pension fund, 1937 firefighters' pension fund, 1953 police pension fund (Indianapolis), or 1977 police officers' and firefighters' pension and disability fund to withdraw from the deferred retirement option plan (DROP) and make an election to enter the DROP for a second time not earlier than three years after the date the member withdraws from the DROP. Provides that a member may make an election to enter the DROP only twice in the member's lifetime.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Vernon Smith (Democratic), House

## Actions (2)

- 2026-01-06: First reading: referred to Committee on Employment, Labor and Pensions (House)
- 2026-01-06: Authored by Representative Smith V (House)

## Bill text

- Introduced House Bill (H): [PDF](https://api.iga.in.gov/2026/bills/HB1300/versions/HB1300.01.INTR?format=pdf)

## Related bills

- HB 1266: Department of education and education matters. (signed)
- HB 1277: Health and human services matters. (signed)
- HB 1210: Department of local government finance. (signed)
- HB 1249: Various criminal law matters. (signed)
- HB 1200: Bureau of motor vehicles. (signed)
- HB 1115: Homeowners association governance. (signed)

## Sources
- [Introduced House Bill (H) (PDF)](https://api.iga.in.gov/2026/bills/HB1300/versions/HB1300.01.INTR?format=pdf)

## Related
- [HB 1266: Department of education and education matters.](https://policyrisk.com/state-bill/IN-HB1266-2026)
- [HB 1277: Health and human services matters.](https://policyrisk.com/state-bill/IN-HB1277-2026)
- [HB 1210: Department of local government finance.](https://policyrisk.com/state-bill/IN-HB1210-2026)
- [HB 1249: Various criminal law matters.](https://policyrisk.com/state-bill/IN-HB1249-2026)
- [HB 1200: Bureau of motor vehicles.](https://policyrisk.com/state-bill/IN-HB1200-2026)
- [HB 1115: Homeowners association governance.](https://policyrisk.com/state-bill/IN-HB1115-2026)
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Source: PRIA, https://policyrisk.com/state-bill/IN-HB1300-2026 (as of 2026-11-01).