LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS 200 W. Washington, Suite 301 Indianapolis, IN 46204 (317) 233-0696 iga.in.gov FISCAL IMPACT STATEMENT LS 6700 NOTE PREPARED: Jan 6, 2022 BILL NUMBER: HB 1409 BILL AMENDED: SUBJECT: Government Contracts. FIRST AUTHOR: Rep. Smaltz BILL STATUS: As Introduced FIRST SPONSOR: FUNDS AFFECTED: GENERAL IMPACT: Pending DEDICATED FEDERAL Summary of Legislation: The bill provides that a governmental body may not enter into a contract with a person for the purchase of supplies or services unless the contract contains a written verification from the person that the person: (1) does not have a practice, policy, guidance, or directive that discriminates against a firearm entity or a firearm trade association; and (2) will not discriminate during the term of the contract against a firearm entity or a firearm trade association. The bill applies this requirement to public works contracts and to contracts relating to investment of public funds. Effective Date: July 1, 2022. Explanation of State Expenditures: As of the above date, the fiscal analysis of this bill has not been completed. Please contact the Office of Fiscal and Management Analysis for an update of this fiscal impact statement. Explanation of State Revenues: Explanation of Local Expenditures: Explanation of Local Revenues: State Agencies Affected: Local Agencies Affected: HB 1409 1 Information Sources: Fiscal Analyst: Chris Baker, 317-232-9851. HB 1409 2