HB 1116

Prohibits the operation of virtual currency kiosks in Indiana. Provides that: (1) a person that violates these provisions commits an act that is actionable by the attorney general under law regarding deceptive consumer sales; and (2) in addition to the penalties prescribed for deceptive consumer sales, a person that knowingly or intentionally violates these provisions may be ordered to forfeit one or both of: (A) the amount of the charges assessed to users of the person's virtual currency kiosks in Indiana during the period of the violation; and (B) any virtual currency kiosk operated by the operator in Indiana. Provides that the attorney general may bring an enforcement action against: (1) the operator of a virtual currency kiosk that gives rise to a violation; and (2) the owner of the premises on which the virtual currency kiosk is located if the owner knowingly or intentionally permitted the violation.