Update: The bill died after not passing committee by the Feb. 21, 2011, deadline.
Bill description: This bill is a strong first step toward addressing the multitude of problems associated with keeping wildlife in captivity. SB 17 would make it a Class C misdemeanor (a maximum $2,500 penalty, with a $500 minimum) to knowingly release an exotic (non-native, wild or feral other than a dog or cat) animal into the wild without legal authorization or to knowingly sell an exotic reptile without a permit.
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Read the full text of the bill here.
Note: The text and status of Indiana bills is available here.