LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
FISCAL IMPACT STATEMENT
LS 6634 NOTE PREPARED: Apr 3, 2025
BILL NUMBER: HB 1322 BILL AMENDED: Feb 13, 2025
SUBJECT: Blockchain Technology.
FIRST AUTHOR: Rep. Teshka BILL STATUS: Enrolled
FIRST SPONSOR: Sen. Walker K
FUNDS AFFECTED:XGENERAL IMPACT: State
XDEDICATED
FEDERAL
Summary of Legislation: The bill provides that not later than March 1, 2026, the Department of
Administration (IDOA) may issue a request for information for purposes of exploring how the use of
blockchain technology could be used by a state agency to: (1) achieve greater cost efficiency and cost
effectiveness; and (2) improve consumer convenience, experience, data security, and data privacy. The bill
requires the IDOA to compile a report concerning the request for information and submit the report to the
Legislative Council not later than October 1, 2026.
Effective Date: July 1, 2025.
Explanation of State Expenditures: Department of Administration: Depending on the IDOA’s actions,
there could be an increase in IDOA workload, and potentially expenditures, to issue a RFI concerning
blockchain technology and to produce and deliver the required report. A position could be filled temporarily
by a consultant, or a FTE could be hired. Expenditures could be $117,300 in FY 2026 and $118,400 in FY
2027 for an additional FTE. The estimate includes base salary and fringe benefits. The base salary of the
position is based on existing IDOA procurement consultant salaries as of August 2024.
Additional Information - The bill provides that the Secretary of State, Family and Social Services
Administration, Department of Workforce Development, Department of Child Services, Office of
Technology, or any agency as determined by the Office of Technology shall participate in the RFI. The
IDOA would likely need an additional procurement position with blockchain technology expertise to
complete the bill's requirements. The additional funds and resources required to accomplish the bill's
requirements could be supplied through existing staff and resources currently being used in another program
or with new appropriations. Ultimately, the source of funds and resources required to satisfy the requirements
of this bill may depend on further legislative and/or administrative actions.
Explanation of State Revenues:
Explanation of Local Expenditures:
HB 1322 1 Explanation of Local Revenues:
State Agencies Affected: IDOA, FSSA, SOS, DWD, DCS, IOT.
Local Agencies Affected:
Information Sources: Molly Timperman, Communications/Legislative Director, Indiana Department of
Administration; State Staffing Table August 2024 (for salary estimate).
Fiscal Analyst: Randhir Jha, 317-232-9556.
HB 1322 2