Waiver of requirements for new businesses. Establishes a "regulatory sandbox" program (program). Creates the regulatory relief office within the Indiana economic development corporation. Creates, and establishes duties for, an advisory committee within the program. Directs that the secretary of commerce, who serves as executive director of the regulatory relief office, prepare an annual report on the activities of the office. Provides for program application requirements and describes the scope of the program. Makes consumer protection provisions. Describes requirements for exiting the program and for extensions to remain in the program. Makes record keeping and reporting requirements. Provides requirements for the creation and maintenance of a regulatory relief office web page.

Direct support professionals. Requires the division of disability and rehabilitative services (division) to establish and maintain a direct support professional registry and to make the registry available to authorized division personnel and authorized service providers. Requires a direct support professional to register with the division in order to provide direct support services. Requires the division to adopt rules to implement the registry, including establishing definitions and levels for substantiated abuse, neglect, and exploitation, the highest of which is the minimum the division must report to the registry. Requires the division to consult with stakeholders and establish a tiered training certification program for direct support professionals. Requires the division to issue a request for proposals before January 1, 2024, to operate the training program. Requires the division to make every effort to contract with a vendor for the training program not later than January 1, 2025. Requires a selected vendor to begin operating the training program before July 1, 2025. Requires the division to first use any funds available from the federal American Rescue Plan Act in developing the registry before using other available funds. Allows the division to use any federal dollars available for the registry and training. Requires the division to apply to the federal government for approval of Medicaid reimbursement for services provided by a direct support professional.

Loan repayment for health care professionals. Amends the requirements a health care professional must meet to be eligible for student loan repayment from the Indiana health care professional recruitment and retention fund. Specifies the total amount that may be awarded to a health care professional.

Assessment of wind power devices. Requires a public utility company that owns or operates a wind power device after a change in ownership of the wind power device to report, when filing its first statement of value and description of property with the department of local government finance (department), the valuation of the device at the same valuation amount that the previous owner reported on the previous owner's last annual report before the change in ownership if the valuation amount that the acquiring public utility company would otherwise enter on its first report is lower than the valuation amount at which the previous owner valued the wind power device before the change in ownership. Requires the new owner, for years subsequent to the first year after the change in ownership, to calculate and report the valuation of the wind power device in accordance with: (1) the statute concerning the taxation of public utility companies; and (2) rules prescribed by the department. Provides that for any year subsequent to the first year after the change in ownership of a wind power device, the department, in determining the just value of the property, shall not consider valuations determined by another governmental agency. Provides that these requirements do not apply to a public utility company that owns or operates one or more wind power devices and that has signed or countersigned an economic development agreement, or another financial agreement, that is entered into: (1) with the county in which the public utility company's wind power devices are located; and (2) for the purpose of repowering, or upgrading the technology used in, the wind power devices; before a sale or transfer of the wind power devices. Requires the department to make necessary conforming changes to the annual report form. Requires the Indiana utility regulatory commission to include a provision in an order declining to exercise jurisdiction over a public utility company that: (1) owns or operates one or more wind power devices; or (2) plans to own or operate one or more wind power devices; requiring the public utility to notify the department of any change in ownership of the wind power devices. Requires that before November 1, 2024, and before November 1, 2025, the department shall prepare, submit in an electronic format, and present a report on: (1) the valuation of wind power devices; and (2) the department's progress in implementing the bill's provisions; to the interim study committee on energy, utilities, and telecommunications. Amends the Indiana Code provision that sets forth how the department is to determine the just value of the property of a public utility company to provide an exception from the specified procedures with respect to the determination of the just value of wind power devices.

IFA approval and revolving loan programs. Provides that a participant may issue and sell bonds to the Indiana finance authority (authority) without the requirement of an increase to the user rates and charges of the participant. Provides that the bonds must be issued under a resolution or ordinance and the proceeds must be used to carry out the purposes allowed by the program. Defines the term "independent evaluator" for purposes of non-revenue water audits. Requires a water utility to annually perform an audit of its water distribution system through the use of the latest version of the American Water Works Association's free water audit software or other methodology software to determine the causes of the water utility's non-revenue water. Provides that the issuance, by the ports of Indiana, of both taxable and tax exempt revenue bonds of the state, payable solely from revenues for the purpose of paying all or any part of the cost of a port or project, is subject to the prior approval of the authority. Provides for the appointment of a nine member board of directors of the Indiana Secondary Market for Education Loans, Inc. (ISMEL). Provides that ISMEL may only borrow money after consulting with the authority not less than three months before ISMEL begins the process of borrowing money. Requires ISMEL to, at least 30 days prior to the issuance or placement of any bond, note, or other instrument, report to the budget committee the estimated amount of the bonds.

Unemployment compensation. Amends the definition of "deductible income" for purposes of the unemployment compensation laws. Provides that, subject to certain exceptions, the department of workforce development may accept an offer in compromise from an employer or claimant to reduce past due debts arising from contributions or benefit overpayments. Provides that an individual is ineligible for benefits for any week that the individual receives payments equal to or exceeding the individual's weekly benefit amount in pension, retirement, or annuity payments under any plan of an employer where the employer contributes all of the money. (Under current law, the disqualification provision applies under any plan of an employer where the employer contributes a portion or all of the money.) Provides that the state of Indiana is not required to participate in or precluded from ceasing to participate in any offered or enacted voluntary, optional, special, or emergency federal program. Makes corresponding changes.

Children and lead hazards. Provides that, beginning with children who enroll in school for the school year beginning in 2024, the governing body of a school corporation shall require every child not more than seven years of age who enrolls in a school operated by the school corporation to undergo a test for the presence of lead in the child's blood. Defines "dwelling unit lead hazard" as: (1) the presence of lead-based paint on a wall of a dwelling unit; (2) the presence of lead-contaminated soil outside a dwelling unit; or (3) the presence of lead in the drinking water system of a dwelling unit. Prohibits the renting or sale of a dwelling unit to a family that includes a child not more than seven years of age if the dwelling unit is subject to a dwelling unit lead hazard. Requires a landlord, before renting a dwelling unit to a tenant family that includes a child not more than seven years of age, to have the dwelling unit inspected to determine whether the dwelling unit is subject to any dwelling unit lead hazard. Requires a seller, before selling a dwelling unit to a prospective purchaser family that includes a child not more than seven years of age, to have the dwelling unit inspected to determine whether the dwelling unit is subject to any dwelling unit lead hazard. Provides that a landlord or seller who knowingly or intentionally: (1) violates the renting or sale prohibition; (2) represents to a family that the family may waive the renting or sale prohibition; (3) misrepresents the age of a member of a family to conceal a violation of the renting or sale prohibition; or (4) induces a member of a family to misrepresent the age of another member of the family to conceal a violation of the renting or sale prohibition; commits a Class C misdemeanor. Makes technical corrections.

Speed limit reduction on county streets or highways. Provides that if the county executive of a county determines that the maximum speed permitted is greater or less than reasonable and safe under the conditions found to exist on a street or highway, or part of a street or highway, under the jurisdiction of the county, the county executive may determine and declare a reasonable and safe maximum limit on the street or highway, or part of the street or highway, without performing an engineering and traffic investigation. Provides that the maximum limit declared by the county executive may decrease the limit on the street or highway in the county, or part of the street or highway in the county, but not to less than 35 miles per hour.

Violence prevention services. Requires the office of the secretary of family and social services to, before December 1, 2023, apply to the United States Department of Health and Human Services for a waiver or an amendment to the state Medicaid plan to require reimbursement for eligible community violence prevention services provided by a certified violence prevention professional for certain eligible Medicaid recipients. Requires the Indiana department of health to approve at least one accredited violence prevention professional training and certification program (program) that includes certain criteria. Provides that in order to be certified as a violence prevention professional, a prevention professional shall complete the program.

Township merger pilot program. Establishes a pilot program that provides for: (1) the merger of townships into a single township government in Blackford County and Switzerland County; and (2) the merger of townships into not more than two township governments in Crawford County.

Same day voter registration. Permits a voter to register at the polls by completing a voter registration form and an affirmation that the individual has not voted elsewhere in the election and by providing proof of residence. Requires the ballot of a voter who registers at the polls to be treated as a provisional ballot.

Interstate teacher mobility compact. Adopts the interstate teacher mobility compact. Sets forth the requirements of a compact state. Sets forth the duties of the interstate teacher mobility compact commission. Provides that a receiving state determines equivalency standards. Amends the definition of "unencumbered license" in the compact. Removes certain provisions concerning compensation from the compact. Makes conforming changes.

Utility deferred costs and accounting practices. Amends the Indiana Code provision concerning a system of accounting for public utilities to provide the following: (1) That a public utility, municipally owned utility, or not-for-profit utility may defer for consideration by the Indiana utility regulatory commission (IURC) and for future recovery costs incurred or to be incurred in a regulatory asset, to the extent that the specific costs are incremental and are not otherwise already included for recovery in the utility's rates. (2) That preapproval of the IURC is not required for the creation of a regulatory asset. (3) That a public utility, municipally owned utility, or not-for-profit utility may recover through the utility's rates over a reasonable period, as determined by the IURC, costs that are: (A) deferred under these provisions; and (B) found to be reasonable and prudent by the IURC. Amends the Indiana Code provision concerning a public utility's depreciation account and depreciation rates to provide the following: (1) That depreciation rates shall be calculated to recover a reasonable estimate of the future cost of removing retired assets of the public utility. (2) That in a proceeding in which the costs of a capital asset are being recognized for ratemaking purposes, a public utility may account for any asset retirement obligations and recover, through rates charged to customers, reasonably and prudently incurred costs associated with asset retirement obligations, to the extent the specific asset retirement obligation costs are incremental and have not been included in depreciation rates. (3) That the IURC shall make changes in a public utility's depreciation rates as necessary to reflect changes in: (A) the public utility's estimated asset retirement costs, including all reasonable and prudent costs of removing retired assets; and (B) the estimated retirement dates of the public utility's assets. Amends the Indiana Code chapter concerning federally mandated requirements for energy utilities to specify that recovery of the 80% of IURC-approved federally mandated costs that an energy utility may recover through a rate adjustment mechanism must commence no earlier than: (A) the date of a final agency action regarding the federally mandated requirement; or (B) in the absence of a final agency action, the date on which the federally mandated requirement becomes effective.

Involuntary commitment for addiction treatment. Establishes a proceeding for the commitment of an individual who suffers from substance abuse. Provides that the petitioner must agree to pay the cost of the respondent's commitment. Establishes requirements before the court may issue an order for commitment. Allows the court to order the respondent to receive treatment and to appear at an evaluation.

Minimum wage. Increases, for any work week beginning on or after July 1, 2023, the minimum wage paid to certain employees from $7.25 per hour to $13 per hour. Repeals the prohibition of a local unit establishing, mandating, or requiring a minimum wage that exceeds the state or federal minimum wage. Makes conforming amendments and a technical correction.