DIGEST OF HB 1224 (Updated January 29, 2013 2:23 pm - DI 84)
UCC fund transfer provisions. Provides that Indiana's Uniform Commercial Code provisions governing fund transfers apply to a fund transfer that is a remittance transfer for purposes of the federal Electronic Fund Transfer Act (federal act), unless the remittance transfer is also an electronic fund transfer for purposes of the federal act. Provides that if the federal act and Indiana's statute both apply to a fund transfer, the federal act governs to the extent of any inconsistency.
From what I read on another forum (AR related), MagPul will relocate if the bill is signed into law. If I can find the thread, I'll post a link.
Edited to add:
Found the link, it was a copy and paste of a post on the MagPul Facebook page. I don't do Facebook and I don't want to link to second hand information. The post was in the Industry section on AR15 dot com.
Colorado House 2013 Legislative Day 38 | Colorado Channel
Portions of this is being debated live currently.