Indiana Attorney General Greg Zoeller says the bill will provide additional protection against data breaches and identity theft.
A Jimmy John's data breach left customers' credit and debit card information unsecured for months.
Goodwill's investigation into the data breach from earlier this year revealed 11 stores in southern Indiana were affected.
An Indiana University spokesman says the response to data breach cost the university $130,000.
An identity-theft suspect found with Butler University students' and staff's personal information has prompted a data breach investigation.
Indiana University revealed this week that records for 146,000 students and recent graduates had been compromised.
Students across all seven campuses who attended IU from 2011-2014 are potentially at risk.
The Indiana Attorney General’s office has been in communication with representatives of the Target Corporation about a recent high-profile data breach.