Licensure of foreign trained physicians. Establishes a limited medical license for individuals who: (1) have graduated from certain international medical programs; (2) obtain a health care facility sponsor in an underserved area; and (3) meet certain other criteria. Provides that a limited medical license authorizes the recipient to practice medicine only at a health care facility in an underserved area. Enables the medical licensing board of Indiana (board) to revoke a limited medical license if the recipient stops working as a physician at a health care facility in an underserved area. Provides that a limited medical license may be converted to an unlimited license. Allows the board to require a comprehensive evaluation to determine the individual's competency before issuing an unlimited medical license. Allows, until June 30, 2027, an applicant for an unlimited license to practice osteopathic medicine to take all levels of the Comprehensive Osteopathic Medical Licensing Examination not later than ten years from the date the applicant first passes level 1 of the examination.

Net metering for electricity generation. Amends the statute concerning distributed electricity generation as follows: (1) Repeals provisions requiring an electricity supplier's net metering tariff to remain available to customers until the earlier of: (A) January 1 of the first calendar year after the calendar year in which the aggregate amount of net metering facility nameplate capacity under the net metering tariff equals at least 1.5% of the electricity supplier's most recent summer peak load; or (B) July 1, 2022. (2) Repeals provisions requiring an electricity supplier to: (A) petition the Indiana utility regulatory commission (IURC) for a rate for the procurement of excess distributed generation produced by customers owning a distributed generation facility; and (B) credit, at the approved rate, customers for excess distributed generation supplied to the electricity supplier. (3) Provides that an electricity supplier's net metering tariff must be offered and remain available to customers at least until January 1 of the first calendar year after the calendar year in which the aggregate amount of net metering facility nameplate capacity under the net metering tariff equals at least 5% (versus 1.5% under current law) of the electricity supplier's most recent summer peak load. (4) Requires an electricity supplier to petition, before July 1, 2025, the IURC for approval of a new or amended net metering tariff that is subject to the following: (A) If the electricity supplier establishes a limit on the aggregate amount of net metering facility nameplate capacity made available for participation by customers under the net metering tariff, that minimum aggregate amount must be at least 5% of the most recent summer peak load of the electricity supplier. (B) Any limit on the aggregate amount of net metering facility nameplate capacity made available for participation by customers is subject to the reservation of: (i) at least 30% (versus 40% under current law) for participation by residential customers; and (ii) not more than 5% (versus 15% under current law) for participation by customers that install a net metering facility that uses organic waste biomass. (5) Provides that before July 1, 2025, the IURC shall make similar amendments to its net metering rules. (6) Provides that a customer that installs a net metering facility on the customer's premises before the net metering tariff of the customer's electricity supplier terminates under the bill's provisions shall continue to be served under the net metering tariff until the customer removes from the customer's premises or replaces the net metering facility. (Current law requires the customer to continue to be served under the net metering tariff until: (A) the customer removes or replaces the net metering facility; or (B) either July 1, 2032, or July 1, 2047, depending on the date of installation; whichever is earlier.) Specifies that any repairs, updates, or upgrades to portions of a net metering facility that do not increase the nameplate capacity of the net metering facility are not considered a replacement of the net metering facility for purposes of these provisions. (7) Makes conforming changes in other provisions of the statute. Adds a noncode provision that: (1) requires an electricity supplier to file, not later than July 1, 2025, a petition with the IURC for approval of a new or amended net metering tariff, as required under the bill; and (2) provides that upon the IURC's approval of the electricity supplier's new or amended net metering tariff: (A) the electricity supplier's excess distributed generation rate and tariff are no longer in effect; and (B) the electricity supplier's new or amended net metering tariff, as approved by the IURC, is in effect and available to the electricity supplier's customers.

Investment adviser representatives and agents. Requires an applicant seeking to register as an agent of a broker-dealer in Indiana to pass financial industry regulatory authority (FINRA) examinations unless certain exceptions apply. Requires an applicant seeking to register as an investment adviser representative in Indiana to pass FINRA examinations unless certain exceptions apply. Provides that under certain circumstances an agent of a broker-dealer or an investment adviser representative may have the validity of the individual's FINRA qualifying examinations extended. Requires an investment adviser representative to participate in a continuing education program.

Alternative and nuclear energy generation. Requires: (1) a public utility to notify the Indiana utility regulatory commission (commission) of the public utility's intention to retire an electric generation facility not later than 18 months before the planned retirement date; and (2) the commission to conduct a study to determine the feasibility of using the location and infrastructure of the electric generation facility for development of alternative energy generation projects, including consideration of the suitability of the location and infrastructure for use in developing a nuclear energy facility.

Income tax credits. Provides that an individual who has federal adjusted gross income but no federal income tax liability in a taxable year is entitled to a 100% credit against the individual's state and local income tax liability.

Farm and home based food sales. Repeals current home based vendor regulations. Provides that the Indiana department of health, a local unit of government, the health and hospital corporation of Marion County, or a local health department may not impose any rules, regulations, certifications, or licensing requirements on a small farm or home based vendor that are not required under federal law. Exempts public buildings used by small farms and home based vendors from certain public building regulations.

Local fiscal matters. Raises the acquisition cost threshold for purposes of the personal property tax exemption from $80,000 to $250,000. Limits the ability to seek an excess levy appeal to those units that have experienced a year over year population increase of 5% or more. Caps the allowable increase in the amount of property taxes first due and payable on a homestead in 2026, 2027, and 2028. Provides, beginning in 2027, that the office of the county assessor is an appointive office rather than an elective office. Specifies that the county executive shall appoint an individual to the office of the county assessor. Includes provisions to manage the conversion of the office of the county assessor to an appointive office upon the abolition of the office as an elective office.

Professional licensing. Removes the following licensing provisions: (1) hearing aid dealers; (2) auctioneers and auction companies; and (3) electrologists. Removes specific courses required for certain behavioral health licensure. Replaces specific courses required for certain behavioral health licensure with a requirement that the program be nationally accredited. Makes conforming changes.

Discrimination in providing financial services. Prohibits a financial services provider from discriminating in providing financial services to a consumer by using a social credit score as a basis for directly or indirectly: (1) declining to provide to the consumer full and equal access to one or more financial services; or (2) providing the consumer with one or more financial services on less favorable terms and conditions than would otherwise apply to the consumer if a social credit score were not used. Defines "social credit score" for purposes of these provisions. Specifies that the term does not include an analysis that involves a financial services provider's evaluation of any quantifiable risks of a consumer's participation in certain business activities or business associations, if the analysis is based on impartial, financial risk based standards that are: (1) established in advance; and (2) publicly disclosed to customers and potential customers; by the financial services provider. Provides that if a financial services provider refuses to provide, terminates, or restricts one or more financial services with respect to a consumer, the consumer may request from the financial services provider a statement of the specific reasons constituting the basis for the refusal, termination, or restriction. Provides that a financial services provider that receives such a request shall transmit to the consumer a written statement setting forth the specific reasons constituting the basis for the refusal, termination, or restriction. Sets forth requirements regarding the: (1) content of; and (2) means and time frame for submitting; a request or statement under these provisions. Provides that a violation of these provisions constitutes a deceptive act that is actionable under the deceptive consumer sales act only by the attorney general. Provides that a consumer aggrieved by a violation of these provisions may bring a civil action (including a class action) for damages, injunctive relief, or both.

Tax credit for contributions to qualified nonprofits. Provides a state tax credit (credit) for contributions made to a qualified nonprofit organization for taxable years beginning after December 31, 2025. Provides that the amount allowable as a credit in a taxable year is equal to the lesser of: (1) the total amount of the contributions made by the taxpayer to one or more qualified nonprofit organizations; or (2) 50% of the taxpayer's state tax liability. Provides that the maximum amount of credits that may be awarded in a state fiscal year may not exceed $1,000,000.

State efficiency standards. Requires the department of environmental management (department) to adopt minimum efficiency standards for certain products (covered products). Requires manufacturers to: (1) test covered products; (2) certify to the department that covered products sold, offered for sale, leased, distributed, or rented in Indiana comply with the minimum efficiency standards; and (3) mark a covered product and the covered product's packaging at the time of sale or installation to identify that the covered product is in compliance with the minimum efficiency standards. Provides that the department shall: (1) establish a program to test covered products; and (2) investigate complaints received concerning covered products that violate minimum efficiency standards. Creates an enforcement process for these requirements.

Public depositories. Amends as follows the Indiana Code section authorizing a political subdivision to invest public funds in certificates of deposit of depositories that have not been designated as a depository by the local board of finance but have been designated by the state board of finance as a depository for state deposits: (1) Provides that an investment that is made under the section after June 30, 2018, in a certificate of deposit of a depository that is located outside the territorial limits of the investing political subdivision is considered lawfully invested and insured by the public deposits insurance fund notwithstanding the current statutory requirement that all public funds of all political subdivisions must be deposited in designated depositories located in the territorial limits of the political subdivision. (2) Eliminates, for purposes of investments in certificates of deposit made under the section, the applicability of the current statutory requirement that all public funds of all political subdivisions must be deposited in designated depositories located in the territorial limits of the political subdivision. Amends the Indiana Code section requiring that all public funds of all political subdivisions be deposited in public depositories within the territorial limits of the political subdivision to provide that a board of finance of a political subdivision that is: (1) a school corporation; or (2) a library district; may invest the public funds of the political subdivision in a designated depository located anywhere in the county in which the political subdivision is located. Authorizes a county to invest the public funds of the county in a depository that is located in another county contiguous to that county.

Disqualification of unemployment insurance benefits. Provides that a claimant who fails to: (1) respond to an offer for a job within two business days; or (2) appear for a previously scheduled job interview without notifying the prospective employer of the need to cancel or reschedule the interview; is deemed to be noncompliant with the work search requirements of the unemployment insurance program. Requires the department of workforce development (DWD) to deny the claimant benefits for the week in which the noncompliance occurs. Requires DWD to establish multiple ways for employers to report claimants who fail to respond to a job offer or to appear at a job interview. Provides that DWD must verify any information received from an employer alleging an incident of work search noncompliance before denying the claimant benefits.

PFAS chemicals. Defines "PFAS chemicals" and requires the environmental rules board to use the definition in certain rules concerning industrial processes and research and development.

Children in need of services. Provides that when the department of child services (department) enters into a contract with a provider to provide services under the department's community partners for child safety program, the contract must require the provider to: (1) submit monthly reports to the department regarding the progress of an individual receiving services from the provider; and (2) immediately report to the department under specified circumstances. Requires a court in an action regarding a report of child abuse or neglect or an action regarding a petition alleging that a child is a child in need of services (CHINS action) to appoint a guardian ad litem or court appointed special advocate, or both, if the court finds that there is a documented history of: (1) chronic abuse of alcohol or a controlled substance by; or (2) substantiated allegations of physical or sexual abuse having been committed by; the child's parent, guardian, or custodian. Provides that evidence that a child's parent, guardian, or custodian is actively engaged in chronic use of a controlled substance creates a rebuttable presumption that the child's physical or mental health is seriously endangered for purposes of finding that the child is a child in need of services. Provides that if the court in a CHINS action finds that a child is a child in need of services and that the child's parent, guardian, or custodian is actively engaged in chronic use of a controlled substance: (1) there is a rebuttable presumption that removal of the child from the child's home is in the child's best interests; and (2) the dispositional decree entered by the court must require the parent, guardian, or custodian to: (A) participate in drug abuse treatment services; and (B) submit to routine, randomly scheduled drug testing.