summary
Introduced
01/08/2026
01/08/2026
In Committee
01/29/2026
01/29/2026
Crossed Over
01/28/2026
01/28/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Uniform Antitrust Pre-merger Notification Act. Incorporates into Indiana's law governing businesses and other associations the Uniform Antitrust Pre-Merger Notification Act (Act), as approved and recommended for enactment in all states by the Uniform Law Commission. Specifies that the Act does not limit or replace certain reporting requirements of a health care entity. Provides that not later than one day after filing a pre-merger notification under the federal Hart-Scott-Rodino Act, a person shall file a complete electronic copy of the form required under that act with the attorney general if: (1) the person's principal place of business is in Indiana; or (2) the person conducts a specified level of sales in Indiana with respect to the goods or services involved in the proposed merger transaction. Requires the attorney general to provide a secure means to receive and store materials submitted. Provides that: (1) a form or additional documentary material under the federal act; and (2) other specified information related to the proposed merger transaction; are confidential for purposes of Indiana's public records act and may not be disclosed or made public by the attorney general. Provides an exception to this confidentiality requirement if: (1) the attorney general's disclosure is made pursuant to a protective order issued by an agency, court, or judicial officer in an administrative proceeding or judicial action; and (2) the proposed merger transaction is relevant to the proceeding or action. Authorizes the attorney general to: (1) share information with; and (2) disclose a form or additional documentary material under the federal act to; the attorney general of another state that has enacted the Uniform Antitrust Pre-Merger Notification Act or a substantively equivalent act. Requires the attorney general to receive assurance from the attorney general of another state that information shared with the other state will remain confidential. Requires the attorney general to destroy or return all documents submitted with a specified period of time. Requires the attorney general to send a written notice to a person that violates the bill's filing requirement. Allows the attorney general to impose a civil penalty if the violation is not remedied within three days of the notice.
AI Summary
This bill adopts the Uniform Antitrust Pre-Merger Notification Act into Indiana law, requiring businesses whose principal place of business is in Indiana or who conduct a significant level of sales in Indiana to file an electronic copy of their pre-merger notification, specifically the Hart-Scott-Rodino form (a federal filing required for certain mergers and acquisitions), with the Indiana Attorney General within one day of filing it federally. This requirement does not replace existing reporting rules for healthcare entities. The Attorney General will provide a secure system for these filings, and the submitted information, including the Hart-Scott-Rodino form and any additional documentary material, will be kept confidential under Indiana's public records law, with exceptions for disclosures made pursuant to court orders in relevant legal proceedings. The Attorney General is authorized to share this confidential information with attorneys general of other states that have adopted similar uniform laws, provided assurances of confidentiality are received, and must destroy or return the documents within 120 days after the transaction or related legal proceedings conclude. Failure to comply with the filing requirement will result in a written notice from the Attorney General, and if the violation is not corrected within three days, a civil penalty of up to $10,000 per day may be imposed.
Committee Categories
Justice
Sponsors (5)
Last Action
First reading: referred to Committee on Judiciary (on 01/29/2026)
Official Document
bill text
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