Tax credit for employer guard and reserve expenses. Establishes a tax credit for a taxpayer that employs a member of a reserve component of the armed forces of the United States or the Indiana National Guard. Requires the taxpayer to submit certain information to the department of state revenue to claim the credit.

Criminal procedures. Increases the penalty levels of crimes related to fentanyl. Provides that a court shall consider requiring certain persons charged with a crime of domestic violence to wear a monitoring device as a condition of bail. Requires that a bail hearing for a violent arrestee or a repeat violent arrestee be held in open court and provides that before releasing a violent arrestee or a repeat violent arrestee on bail the court must review the probable cause affidavit or arrest warrant and impose money bail payable by surety bond or cash deposit. Provides that in accordance with IC 27-10-2-4.5(g)(2), a charitable bail organization may not pay money bail on behalf of a violent arrestee or a repeat violent arrestee. Makes conforming changes.

Charter school requirements. Provides that access to financial data for local schools requirements apply to charter schools.

Maximum increase of homestead property tax bill. Caps the year over year increase of property tax liability on a homestead at 2%.

Water quality grants for school buildings. Requires the person or entity having authority over a school building to test the drinking water in the school building by a specified time frame. Provides that a person having authority over a school building who knowingly or intentionally fails to have the school building tested in the specified time frame commits the crime of neglect of a student, a Level 6 felony.

Septic grant program. Provides that money in the water infrastructure grant fund (fund) may be used to provide grants, loans, or other financial assistance to participants of the fund for the planning, designing, or acquisition, construction, renovation, improvement, or expansion of, a residential onsite sewage system or an onsite residential sewage discharging disposal system. Establishes various criteria for a participant to apply for a grant, loan, or other financial assistance. Requires the Indiana finance authority to establish a project prioritization system for the purposes of awarding grants, loans, or other financial assistance from the fund for the purpose of planning, designing, or acquisition, construction, renovation, improvement, or expansion of, a residential onsite sewage systems or an onsite residential sewage discharging disposal system.

Licensing of collateral recovery services. Renames the private investigator and security guard licensing board as the private investigator, security guard, and collateral recovery agency licensing board, and adds two additional members to the board. Establishes licensure for a collateral recovery agency. Requires a person to be licensed as a collateral recovery agency to repossess collateral, attempt to repossess collateral, hold one's self out as being in the business of repossessing collateral, or use license plate recognition. Provides certain requirements: (1) for an applicant seeking licensure as a collateral recovery agency; (2) for a licensee to maintain licensure; and (3) for a legal owner when personal effects are in or on the collateral at the time of repossession. Requires equipment used to repossess collateral to meet certain criteria. Provides that threatening a collateral recovery agency's employee is a crime under certain circumstances. Makes conforming changes.

Free state park admissions for Gold Star families. Requires the department of natural resources to provide free admission to state parks to a Gold Star family member. Requires the bureau of motor vehicles to update the Gold Star family member license plate form.

Property tax matters. Amends the property tax exemption for property used by a for-profit provider of early childhood education, including by requiring the provider to offer age appropriate curriculum and by excluding from the exemption tangible property that has been granted a homestead standard deduction. Provides a partial property tax exemption for an employer that provides child care on the employer's property for the employer's employees, and for the employees of another business if the employer and the other business enter into an agreement that outlines the terms under which the child care is to be provided. Specifies the conditions that must be met to obtain the partial property tax exemption. Requires the office of the secretary of family and social services, in consultation with the early learning advisory committee, to: (1) evaluate and make recommendations; and (2) submit a report; regarding child care. Amends the maximum levy growth quotient to base the six year average calculation on the yearly wage growth for state and local government employees in Indiana and the annual increase in the Consumer Price Index. Requires the true tax value of a privately owned wastewater facility to be determined by applying the income capitalization approach. Provides that, if the application of the income capitalization method for an assessment year results in a zero or negative assessment, the privately owned wastewater facility is exempt from property taxation for that assessment year. Requires assessing officials in an assessment of residential deed restricted property to only use or consider sales of other residential deed restricted property as a comparable sale property for purposes of a sales comparison analysis.

Adjusted gross income tax filing requirement. Provides that minimum wage income is exempt from the adjusted gross income tax. Defines "minimum wage income". Provides that an individual whose only source of income is minimum wage income is not required to file a state income tax return. Provides that an employer is not required to withhold taxes from minimum wage income paid to an employee.

Ban on vapor product sales to persons under 21. Prohibits a person less than 21 years of age (underage person) from: (1) purchasing or receiving a nicotine-free electronic cigarette; or (2) purchasing or receiving an e-liquid vaporizer (vapor product). Restricts: (1) the sales and distribution of vapor products to underage persons; (2) the location of vending machines containing e-liquids, nicotine-free electronic cigarettes, or vaporizers where underage persons are present; and (3) use of self-service displays to sell e-liquids, nicotine-free electronic cigarettes, or vaporizers. Includes vaporizer and nicotine free electronic cigarette sales in the gross retail sales amount that determines whether an underage person can enter the retail establishment.

Information concerning cytomegalovirus infection. Requires the Indiana department of health to: (1) establish and administer a public education program to provide information on cytomegalovirus to pregnant women; and (2) distribute the information to specified persons. Requires a clinic or medical facility that offers fertility care to make the information concerning cytomegalovirus available to patients of the clinic or facility.

Various agency administrative procedures. Provides that the department of natural resources is subject to the jurisdiction of the office of administrative law proceedings. Provides that the secretary of family and social services is the ultimate authority for Medicaid applicants and recipient eligibility appeals. Provides that in Medicaid applicant eligibility cases, except in certain circumstances, the order from the administrative law judge is final after 61 days without further affirmation from the ultimate authority. Provides that the review of certain professional disciplinary reviews are not subject to the office of administrative law proceedings. Sets forth the process to select a hearing officer for the professional disciplinary reviews. Makes changes to motor vehicle dealer services statutes to be consistent with the jurisdiction of the office of administrative law proceedings. Provides that the department of child services (DCS) is the ultimate authority of the review of decisions concerning residential child care base rates. Removes the duty of DCS to adopt rules concerning the administrative review by DCS of a proposed or approved substantiated report of child abuse or neglect, before or after an administrative hearing is available or conducted. Makes conforming changes. Makes technical corrections and conforming amendments required by HEA 1003-2024 concerning the office of administrative law proceedings.

Health matters. Specifies that the Medicaid fraud control unit's (MFCU) investigation of Medicaid fraud may include the investigation of provider fraud, insurer fraud, duplicate billing, and other instances of fraud. Permits the attorney general to enter into a data sharing agreement with specified state agencies and authorizes the MFCU to analyze this data to carry out its investigative duties. Provides that all complaints made to the MFCU are confidential until an action is filed concerning the complaint. Requires the office of the secretary of family and social services to establish: (1) metrics to assess the quality of care and patient outcomes; and (2) transparency and accountability safeguards; for a specified long term care risk based managed care program. Requires, not later than July 31, 2026, a clinical laboratory and diagnostic imaging facility to post certain pricing information for services determined by the department of insurance. Allows: (1) a manufacturer to provide; and (2) a patient to receive; individualized investigational treatment if certain conditions are met. Requires an Indiana nonprofit hospital system to report a list of facilities that may submit a bill on an institutional provider form and report the facility code for each facility. Adds provisions concerning payments by insurers, health maintenance organizations, employers, and other responsible persons to qualified providers that are providing services in an office setting. Requires good faith estimates for health care services to be provided at least two business days (rather than five business days) before the health care services are scheduled to be provided. Removes language concerning the disclosure of a trade secret from provisions that allow for a health plan sponsor to access and audit claims data. Provides that when a health carrier is in the process of negotiating a health provider contract with a health provider facility or provider, the health carrier must provide certain information to the health provider facility or provider. Prohibits certain provisions from being included in a health provider contract. Allows the department of insurance to: (1) enter into partnerships and joint ventures to encourage best practices in the appropriate and effective use of prior authorization in health care; and (2) receive information regarding prior authorization disputes. Requires the department of insurance to prepare a report with findings and recommendations related to the prior authorization dispute information. Requires, not later than September 1, 2025, the department of insurance to issue a request for information concerning ways to better enable medical consumers to compare and shop for medical and health care services. Provides that an insurer or a health maintenance organization may not deny a claim for reimbursement on the sole basis that the referring provider is an out of network provider. Requires, if a fully credentialed physician becomes employed with another employer or establishes or relocates a medical practice in Indiana, an insurer and health maintenance organization to provisionally credential the physician for 60 days or until the physician is fully credentialed, whichever is earlier. Requires the Indiana department of health, in consultation with the office of technology, to study the feasibility of developing certain standards regarding medical records and data.

Education matters. Provides that certain students have the opportunity to retake the determinant evaluation of reading skills at least twice in the summer before grade 3 retention requirements apply. Requires the department of education to establish a registration process for schools to exempt certain English language learners from compliance with grade 3 retention requirements until the beginning of the 2027-2028 school year. Allows required career fairs to be held off of school property if the school provides transportation. Amends agreement requirements with regard to the employment aid readiness network (EARN) Indiana program. Makes a technical correction.