Docket Room
HB 1229·IN·house

International money wiring fee.

FailedFiled Jan 5, 2026
Sponsor: Robb Greene (Republican)
Latest Action

First reading: referred to Committee on Financial Institutions

Jan 5, 2026

Summary

The bill would make licensed money‑transmitters collect a fee from anyone sending money abroad and remit that fee to the state. Senders who are U.S. citizens, nationals, or lawful permanent residents could claim a tax credit equal to the fee they paid. Eighty percent of the fee revenue would go into a newly named community‑based services fund to help expand two Medicaid waiver programs, while the remaining twenty percent would go to the state general fund.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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