# Indiana HB 1419: Grain indemnity.

Indiana HB 1419, Grain indemnity., is a First Regular Session 124th General Assembly (2025) House bill sponsored by Beau Baird (Republican); status failed, last action 2025-01-27 (Representative Culp added as coauthor) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/IN-HB1419-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Indiana HB 1419
- State: Indiana
- Session: First Regular Session 124th General Assembly (2025)
- Title: Grain indemnity.
- Status: failed
- Chamber: House
- Introduced: 2025-01-13
- Last action: 2025-01-27, Representative Culp added as coauthor
- Sponsor: Beau Baird (Republican)
- Cosponsors: 2
- Subjects: agriculture and rural development
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Defines "revocation of a license". Creates a process in which the director of the Indiana grain buyers and warehouse licensing agency (agency) determines whether a building or other protected enclosure constitutes a single warehouse that requires one or more licenses. Specifies the documents a person who desires to conduct business as a grain buyer, warehouse operator, or buyer-warehouse (licensee) must submit to the agency to renew a license to operate. Specifies how a business as a licensee may renew its license. Specifies the types of licenses the agency shall issue and how a license may be relinquished. Establishes what information must be included in a financial statement submitted by a licensee to the agency. Removes the ability of the agency to temporarily suspend a licensee's license. Specifies various matters related to on-premises inspections. Permits the director of the agency (director) to call an informal meeting with a licensee. Provides how the director may begin an enforcement action and what information the director must send to the licensee. Provides when the director may revoke a licensee's license and what information the director must share with the licensee. Establishes various notice requirements. Permits the agency to adopt rules. Requires the director to inspect and test all equipment used to test the moisture content of grain purchased from producers once per year. Requires the Indiana grain indemnity corporation board to elect a chairperson and vice chairperson and take on various new responsibilities. Addresses various issues with producer premiums. Provides that a grain buyer shall keep accurate and correct records of grain purchased from producers documenting the producer premiums paid by producers. Establishes storage fees to determine storage loss.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Beau Baird (Republican), House
- Cosponsor: J.D. Prescott (Republican), House
- Cosponsor: Kendell Culp (Republican), House

## Actions (4)

- 2025-01-27: Representative Culp added as coauthor (House)
- 2025-01-13: Coauthored by Representative Prescott (House)
- 2025-01-13: First reading: referred to Committee on Agriculture and Rural Development (House)
- 2025-01-13: Authored by Representative Baird (House)

## Bill text

- Introduced House Bill (H): [PDF](https://api.iga.in.gov/2025/bills/HB1419/versions/HB1419.01.INTR?format=pdf)

## Related bills

- SB 324: Criminal procedures. (signed)
- SB 231: Various corrections matters. (signed)
- SB 80: Code publication. (signed)
- SB 453: Various tax matters. (signed)
- SB 464: Financial institutions and consumer credit. (signed)
- SB 371: Workforce matters. (signed)

## Sources
- [Introduced House Bill (H) (PDF)](https://api.iga.in.gov/2025/bills/HB1419/versions/HB1419.01.INTR?format=pdf)

## Related
- [SB 324: Criminal procedures.](https://policyrisk.com/state-bill/IN-SB324-2025)
- [SB 231: Various corrections matters.](https://policyrisk.com/state-bill/IN-SB231-2025)
- [SB 80: Code publication.](https://policyrisk.com/state-bill/IN-SB80-2025)
- [SB 453: Various tax matters.](https://policyrisk.com/state-bill/IN-SB453-2025)
- [SB 464: Financial institutions and consumer credit.](https://policyrisk.com/state-bill/IN-SB464-2025)
- [SB 371: Workforce matters.](https://policyrisk.com/state-bill/IN-SB371-2025)
- [Indiana bills](https://policyrisk.com/states/indiana/bills)
- [Indiana state hub](https://policyrisk.com/states/indiana)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IN-HB1419-2025 (as of 2026-10-17).