LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS FISCAL IMPACT STATEMENT LS 7386 NOTE PREPARED: Jan 27, 2025 BILL NUMBER: SB 318 BILL AMENDED: Jan 27, 2025 SUBJECT: Required Disclosures and Access of Foreign Media. FIRST AUTHOR: Sen. Baldwin BILL STATUS: CR Adopted - 1 st House FIRST SPONSOR: FUNDS AFFECTED:XGENERAL IMPACT: State & Local XDEDICATED FEDERAL Summary of Legislation: This bill requires certain media entities operating in Indiana to disclose: (1) foreign ownership; (2) foreign funding; and (3) the use of foreign sourced or influenced content. It authorizes the Secretary of State to impose a civil penalty of not more than $50,000 for a knowing or intentional violation of the disclosure requirements. The bill also requires certain media entities to obtain special accreditation from the Department of Administration to attend state media events and allows the Department of Administration to revoke the special accreditation under certain circumstances. Effective Date: July 1, 2025. Explanation of State Expenditures: Disclosures: The bill would increase the workload of the Secretary of State to receive and review disclosure reports and conduct audits for compliance for certain media entities operating in Indiana. The bill’s requirements are within the agency’s routine administrative functions and should be able to be implemented with no additional appropriations, assuming near customary agency staffing and resource levels. Special Accreditation: The bill would increase the workload of the Department of Administration to establish a special accreditation for certain media entities to attend state media events. The bill’s requirements are within the agency’s routine administrative functions and should be able to be implemented with no additional appropriations, assuming near customary agency staffing and resource levels. Explanation of State Revenues: Disclosure Violations: The bill may increase revenue to the state General Fund to the extent that the Secretary of State finds and imposes violations for disclosure requirements. The maximum civil penalty for a violation is $50,000. Court Fee Revenue: If additional civil cases occur and court fees are collected, revenue to the state General Fund will increase. The total revenue per case would range between $100 and $122. The amount deposited will vary depending on whether the case is filed in a court of record or a municipal court. The following SB 318 1 linked document describes the fees and distribution of the revenue: Court fees imposed in civil, probate, and small claims cases. Explanation of Local Expenditures: Explanation of Local Revenues: Court Fee Revenue: If additional cases occur, revenue will be collected by certain local units. If the case is filed in a court of record, the county will receive $32 and qualifying municipalities will receive a share of $3. If the case is filed in a municipal court, the county receives $20, and the municipality will receive $37. The following linked document describes the fees and distribution of the revenue: Court fees imposed in civil, probate, and small claims cases. State Agencies Affected: Secretary of State; Department of Administration. Local Agencies Affected: Trial courts, city and town courts. Information Sources: Indiana Supreme Court, Indiana Trial Court Fee Manual. Fiscal Analyst: Nate Bodnar, 317-234-9476. SB 318 2