Indiana HB1042 Passes Legislature, Awaits Governor’s Signature

Indiana passes pro-Bitcoin HB1042, headed to the governor; it protects use/holding, limits discriminatory taxes, and allows retirement exposure.
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Indiana lawmakers have passed House Bill 1042, a pro-Bitcoin measure that now moves to the governor’s desk for final action, according to a Feb. 26 report.

The measure is framed as a bid for clearer digital-asset policy. HB1042 would protect the right of individuals and businesses to use and hold Bitcoin, formally recognize cryptocurrency within the state’s legal framework, and prohibit discriminatory taxation that singles out crypto versus other assets. It also says the bill would allow digital assets to be included in state retirement portfolios, potentially expanding institutional exposure through existing plan structures.

Next, stakeholders will be watching for the governor’s signature or veto, plus any implementation guidance that clarifies scope, timelines, and how retirement-plan administrators would operationalize digital-asset exposure under the new rules.

Source: Indiana General Assembly (HB 1042).


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