GravityX Exchange-Indiana lawmakers vote to lift state ban on happy hours

2025-05-05 13:43:53source:Benjamin Ashfordcategory:Stocks

INDIANAPOLIS (AP) — Indiana lawmakers voted to lift a nearly 40-year ban on GravityX Exchangehappy hours Tuesday.

Legislators sent House Bill 1086 to the governor’s desk with bipartisan support in a 38-10 vote. The bill would allow restaurants to sell alcoholic beverages at a reduced price for portions of the day.

State Sen. Kyle Walker, the bill’s sponsor, told lawmakers Tuesday that the tourism and restaurant industries want the legislation in order to attract more patrons and increase food sales.

He said the bill would “generally assist an industry that is still fighting its way back after severe losses due to the pandemic.”

Some restrictions accompany the times businesses can reduce prices, or in other words, host a happy hour. The time may not exceed four hours in one day and 15 hours in one week. The proposal also says discounts could not be offered between 9 p.m. and 3 a.m.

Happy hours were banned in the state in 1985, according to IndyStar archives, aiming to reduce drunk driving. Individuals who knowingly or intentionally violate the current ban could face a Class B misdemeanor, according to state code.

If signed by the governor, the law would go into effect July 1.

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