LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS 200 W. Washington St., Suite 301 Indianapolis, IN 46204 (317) 233-0696 iga.in.gov FISCAL IMPACT STATEMENT LS 6990 NOTE PREPARED: Jan 5, 2024 BILL NUMBER: HB 1235 BILL AMENDED: SUBJECT: Prohibited Causes of Action Concerning Firearms. FIRST AUTHOR: Rep. Jeter BILL STATUS: As Introduced FIRST SPONSOR: FUNDS AFFECTED:XGENERAL IMPACT: State & Local DEDICATED FEDERAL Summary of Legislation: This bill has the following provisions: A. It provides that only the state of Indiana may bring or maintain an action by or on behalf of a political subdivision against a firearm or ammunition manufacturer, trade association, seller, or dealer, concerning certain matters. B. It prohibits a political subdivision from otherwise independently bringing or maintaining such an action. It specifies an exception. Effective Date: Upon passage; July 1, 2024. Explanation of State Expenditures: The Office of the Attorney General should have adequate resources to take any legal action. Any filings or continuation of an ongoing lawsuit against a firearm or ammunition manufacturer, trade association, seller, or dealer would be at the discretion of the Attorney General. Explanation of State Revenues: Explanation of Local Expenditures: Local units of government would no longer be permitted to bring or maintain any new or ongoing lawsuits against firearms or ammunition manufacturers, trade associations, sellers, or dealers. Additional Information – One lawsuit is active in state courts. The city of Gary filed a lawsuit against Smith and Wesson Inc., Blythes Sport Shop, and other retail centers and manufacturers. HB 1235 1 Explanation of Local Revenues: State Agencies Affected: Office of the Attorney General Local Agencies Affected: Local units of government Information Sources: City of Gary, Indiana v. Smith & Wesson Corp., et al. 18A-CT-00181 Fiscal Analyst: Mark Goodpaster, 317-232-9852. HB 1235 2