Indiana approves HB 1042 to add crypto options to public retirement plans by July 2027

Indiana Governor Mike Braun signed House Bill 1042 into law on March 3 after the measure cleared both chambers on Feb. 25, authorizing specific state retirement and savings plans to include at least one crypto investment product via a self-directed brokerage option. The law mandates that plan administrators provide access to crypto-linked offerings by July 1, 2027, while also prohibiting special state and local taxes or fees on lawful crypto payments and self-custodied assets.