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House Bill 5045 allows the state treasurer to set up an investment pool and electronic payment system for nonprofit organizations. The governor’s veto message specifically mentioned the Indiana Oath Keepers and said the bill could allow extremist groups to advance hateful missions.
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The bill would establish “an investment pool and electronic payment system for nonprofit organizations.” But most banks and several mutual fund companies are happy to provide these services. Why should the State be involved?
Eliminate non-profits. Period.
Ahem. No.