Ind. Code ch. 24-4-25.5

Ind. Code ch. 24-4-25.5
in effect

Ind. Code § 24-4-25.5-1 "Foreign entity"

Sec. 1. As used in this chapter, "foreign entity" means: (1) a foreign government; (2) one (1) or more individuals who are not United States citizens or permanent residents; (3) an organization that: (A) is an instrumentality of; or (B) is controlled by; a foreign government; or (4) an organization with regard to which five percent (5%) or more of the: (A) fair market value; (B) market capitalization; or (C) total voting rights; are owned by a foreign government, by an individual described in subdivision (2), by an organization described in subdivision (3), or by any other entity organized under the laws of a foreign government. As added by P.L.132-2025, SEC.1.

Ind. Code § 24-4-25.5-2 "Foreign government"

Sec. 2. As used in this chapter, "foreign government" means the government, or an agent or a political subdivision of the government, of a country, nation, or group of nations other than: (1) the United States; or (2) a state, territory, or protectorate of the United States. As added by P.L.132-2025, SEC.1.

Ind. Code § 24-4-25.5-3 "Foreign ownership"

Sec. 3. As used in this chapter, "foreign ownership" means an ownership interest (including voting rights) in an Indiana media entity that is held or controlled by a foreign entity. However, the term does not include an ownership interest derived solely from holding publicly traded securities of a media entity. As added by P.L.132-2025, SEC.1.

Ind. Code § 24-4-25.5-4 "Funding"

Sec. 4. As used in this chapter, "funding" means: (1) income; or (2) a monetary or in-kind contribution or donation. As added by P.L.132-2025, SEC.1.

Ind. Code § 24-4-25.5-5 "Indiana media entity"

Sec. 5. As used in this chapter, "Indiana media entity" means a media entity that: (1) has a physical presence in Indiana; or (2) receives income from one (1) or more subscribers located in Indiana. As added by P.L.132-2025, SEC.1.

Ind. Code § 24-4-25.5-6 "Media entity"

Sec. 6. As used in this chapter, "media entity" means one (1) or more of the following: (1) A newspaper of general circulation in Indiana. (2) A broadcaster serving Indiana. (3) A website that provides news, commentary, or discussion concerning political matters to Indiana residents. (4) Any other source of news or information that provides news, commentary, or discussion concerning political matters to Indiana residents. As added by P.L.132-2025, SEC.1.

Ind. Code § 24-4-25.5-7 Indiana media entity with foreign ownership; annual report to secretary of state; required information; publication on website

Sec. 7. (a) Before December 31, 2025, and before December 31 of each year thereafter, an Indiana media entity with foreign ownership that is equal to or greater than five percent (5%) of the: (1) fair market value; (2) market capitalization; or (3) total voting rights; of the Indiana media entity must file a report with the secretary of state disclosing the foreign ownership. (b) An Indiana media entity required to make a report under subsection (a) shall include in the report: (1) the percentage of foreign ownership; (2) the name of each foreign owner; (3) the country of origin of each foreign owner; and (4) any other relevant information required by the secretary of state. The Indiana media entity shall publish the most recent copy of the report on the entity's website not later than seven (7) days after the report is filed with the secretary of state. As added by P.L.132-2025, SEC.1.

Ind. Code § 24-4-25.5-8 Indiana media entity receiving funding from foreign entity; report to secretary of state; required information; publication on website

Sec. 8. (a) Before December 31, 2025, and before December 31 of each year thereafter, an Indiana media entity that has received at least ten thousand dollars ($10,000) in funding, in aggregate, from one (1) or more foreign entities must file a report with the secretary of state disclosing the funding. (b) An Indiana media entity required to make a report under subsection (a) shall include in the report: (1) the total amount of the funding; (2) the name of each foreign entity that provided funding and the amount of funding provided; (3) the country of origin of each foreign entity; (4) the purpose of the funding and how the funding was used; and (5) any other relevant information required by the secretary of state. The Indiana media entity shall publish the most recent copy of the report on the entity's website not later than seven (7) days after the report is filed with the secretary of state. As added by P.L.132-2025, SEC.1.

Ind. Code § 24-4-25.5-9 Consolidated report

Sec. 9. An Indiana media entity required to make a report under sections 7 and 8 of this chapter may file one (1) report that includes all of the information required under sections 7 and 8 of this chapter. As added by P.L.132-2025, SEC.1.

Ind. Code § 24-4-25.5-10 Indiana media entity publishing or broadcasting content sourced from or influenced by foreign entity; disclosure

Sec. 10. An Indiana media entity that publishes or broadcasts content: (1) sourced from; or (2) influenced by; a foreign entity must include the name of the foreign entity in the publication or broadcast. As added by P.L.132-2025, SEC.1.

Ind. Code § 24-4-25.5-11 Secretary of state; compliance audits; publication of compliant Indiana media entities; civil penalty

Sec. 11. (a) The secretary of state shall conduct regular audits to ensure that an Indiana media entity complies with the requirements of this chapter. (b) The secretary of state shall publish a list of Indiana media entities that have complied with the requirements of this chapter on the secretary of state's website. (c) The secretary of state may impose a civil penalty of not more than fifty thousand dollars ($50,000) on an Indiana media entity that knowingly or intentionally fails to comply with the disclosure and reporting requirements of this chapter. As added by P.L.132-2025, SEC.1.

Ind. Code § 24-4-25.5-12 Indiana media entity required to report or sanctioned by secretary of state; special accreditation required for state government media event

Sec. 12. (a) This section applies to an Indiana media entity that: (1) is required to make a report under section 7 or 8 of this chapter; or (2) has been sanctioned by the secretary of state under section 11 of this chapter. (b) A person to which this section applies must obtain special accreditation from the Indiana department of administration to attend a state government media event. (c) The Indiana department of administration shall establish criteria for granting special accreditation under subsection (b). In determining whether to grant special accreditation, the department shall consider whether an Indiana media entity is included on the secretary of state's published list described in section 11(b) of this chapter. (d) The Indiana department of administration may revoke special accreditation if a person to which this section applies has: (1) failed to comply with the requirements of this chapter; or (2) been removed from the secretary of state's published list of compliant media entities. As added by P.L.132-2025, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/24Fetched: 10/17/2026

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