IndianaSB 279Second Regular Session 124th General Assembly (2026)Senate

Private credit funds.

Sponsored By: Ed Charbonneau (Republican)

Failed

Summary

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.

insurance and financial institutions

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Ed Charbonneau

    Republican • Senate

Cosponsors

  • Eric Bassler

    Republican • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. First reading: referred to Committee on Insurance and Financial Institutions

    1/12/2026Senate
  2. Authored by Senators Charbonneau, Bassler

    1/12/2026Senate

Bill Text

  • Introduced Senate Bill (S)

Related Bills

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