Indiana 2023 Regular Session

Indiana Senate Bill SB0251

Introduced
1/10/23  

Caption

Cause of action for business damages.

Impact

The introduction of SB 251 is expected to have a considerable impact on the relationship between local governments and businesses. By allowing businesses to claim damages for profit declines caused by new ordinances, the bill seeks to incentivize local units to carefully assess the economic implications of their regulatory decisions. Furthermore, it establishes clear criteria for when businesses can seek damages, potentially leading to increased scrutiny of local legislative actions and more collaborative approaches to economic development.

Summary

Senate Bill 251 establishes a legal framework for businesses to seek damages from local governmental units, such as cities or counties, when new ordinances or regulations lead to a significant loss of profits. The bill stipulates that if an ordinance enacted after June 30, 2023, results in a decline of at least 15% in a business's profits, the affected business may file a claim. This provides a formalized procedure for accountability of local governments regarding their regulatory actions and their effects on businesses.

Contention

There are notable points of contention surrounding SB 251. Proponents argue that the bill protects businesses from potentially harmful regulations and ensures that local governments are held accountable for their decisions. Conversely, critics express concerns that the bill could deter local governments from enacting necessary regulations aimed at public welfare and safety, fearing litigation and financial liabilities. This creates a tension between economic interests and the ability of local governments to govern effectively without the threat of lawsuits impacting their regulatory authority.

Companion Bills

No companion bills found.

Previously Filed As

IN HB1033

Causes of action.

IN HB1424

Causes of action.

IN HB1235

Prohibited causes of action concerning firearms.

IN SB0288

Damages in wrongful death actions.

IN SB0276

Cause of action for civil rights violations.

IN HB1345

Waiver of requirements for new businesses.

IN HB1503

Regulation of sexually oriented businesses.

IN HB448

Relating to compensation for damages caused by governmental actions that close or effectively close businesses.

IN HB1122

Regulation of sexually oriented businesses.

IN HB3241

Relating to compensation for damages caused by governmental actions that close or effectively close businesses.

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