Indiana HB 1252: Broker companies.
Status: Public Law 30 (as of 2026-02-24)
State: Indiana · Session: 2026 · Bill: HB 1252
Subjects: REAL ESTATE APPRAISERS, BROKERS, AND SALESPERSONS
Sponsors: Scott Alexander, Timothy O'Brien, Lori Goss-Reaves, Tony Isa, Victoria Garcia Wilburn
Bill Text
Second Regular Session of the 124th General Assembly (2026) PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type. Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution. Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts between statutes enacted by the 2025 Regular Session of the General Assembly. HOUSE ENROLLED ACT No. 1252 AN ACT to amend the Indiana Code concerning professions and occupations. Be it enacted by the General Assembly of the State of Indiana: SECTION 1. IC 25-34.1-10-18 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2026]: Sec. 18. (a) A broker company who refers a client or customer to another broker company shall disclose to the client or customer if the broker company may be compensated for referring the client or customer. (b) A disclosure under subsection (a) must be made: (1) in writing; and (2) at the time of the referral. HEA 1252 Speaker of the House of Representatives President of the Senate President Pro Tempore Governor of the State of Indiana Date: Time: HEA 1252
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