# Indiana SB 202: Taxation of remittances.

Indiana SB 202, Taxation of remittances., is a Second Regular Session 124th General Assembly (2026) Senate bill sponsored by James Tomes (Republican); status failed, last action 2026-01-08 (First reading: referred to Committee on Insurance and Financial Institutions) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IN-SB202-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Indiana SB 202
- State: Indiana
- Session: Second Regular Session 124th General Assembly (2026)
- Title: Taxation of remittances.
- Status: failed
- Chamber: Senate
- Introduced: 2026-01-08
- Last action: 2026-01-08, First reading: referred to Committee on Insurance and Financial Institutions
- Sponsor: James Tomes (Republican)
- Cosponsors: 0
- Subjects: insurance and financial institutions
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Requires a money transmitter (entities licensed under the Money Transmission Modernization Act) to collect and remit an international money wiring fee from senders of a money transmission transaction to a location outside of the United States. Provides an income tax credit to an individual who is a citizen or national of the United States, or an alien who has lawful permanent resident status or conditional permanent resident status, and paid an international money wiring fee during the taxable year. Requires the revenue from the international money wiring fee to be deposited in the state general fund. Includes the international money wiring fee under the definition of "listed taxes" that the department of state revenue is required to collect and administer.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: James Tomes (Republican), Senate

## Actions (2)

- 2026-01-08: First reading: referred to Committee on Insurance and Financial Institutions (Senate)
- 2026-01-08: Authored by Senator Tomes (Senate)

## Bill text

- Introduced Senate Bill (S): [PDF](https://api.iga.in.gov/2026/bills/SB0202/versions/SB0202.01.INTR?format=pdf)

## Related bills

- SB 179: Indiana department of transportation. (signed)
- SB 204: Various education matters. (signed)
- SB 185: Alcohol and tobacco matters. (signed)
- SB 80: Code publication. (signed)
- HB 1424: Farm and homestead food sales. (signed)
- HB 1406: Tax and fiscal matters. (signed)

## Sources
- [Introduced Senate Bill (S) (PDF)](https://api.iga.in.gov/2026/bills/SB0202/versions/SB0202.01.INTR?format=pdf)

## Related
- [SB 179: Indiana department of transportation.](https://policyrisk.com/state-bill/IN-SB179-2026)
- [SB 204: Various education matters.](https://policyrisk.com/state-bill/IN-SB204-2026)
- [SB 185: Alcohol and tobacco matters.](https://policyrisk.com/state-bill/IN-SB185-2026)
- [SB 80: Code publication.](https://policyrisk.com/state-bill/IN-SB80-2026)
- [HB 1424: Farm and homestead food sales.](https://policyrisk.com/state-bill/IN-HB1424-2026)
- [HB 1406: Tax and fiscal matters.](https://policyrisk.com/state-bill/IN-HB1406-2026)
- [Indiana bills](https://policyrisk.com/states/indiana/bills)
- [Indiana state hub](https://policyrisk.com/states/indiana)
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Source: PRIA, https://policyrisk.com/state-bill/IN-SB202-2026 (as of 2026-11-01).