Indiana defense matters.

Adds one voting member to the Indiana defense task force (task force) appointed by the president pro tempore of the senate and one voting member to the task force appointed by the speaker of the house. Adds the adjutant general of the Indiana National Guard or the adjutant general's designee as a nonvoting member of the task force. Provides that, on or before May 1, 2026, and each May 1 thereafter, the task force shall submit a report to the Indiana economic development corporation's office of defense development and the budget committee. Provides that the report shall identify the task force's identified priorities for expenditures for the following state fiscal year. Provides that on or before August 1, 2027, and each August 1 thereafter, the corporation's office of defense development shall submit a report to the task force and the budget committee that details expenditures from amounts appropriated to the corporation's office of defense development for priorities identified by the task force for the previous state fiscal year. Provides that, beginning with the 2026-2027 state fiscal year, and each state fiscal year thereafter, the corporation's office of defense development shall consider and incorporate, to the extent practicable, the task force's identified priorities for expenditures when the corporation's office of defense development formulates its annual budget. Provides that the IEDC and an operating partner shall administer the federal Unmanned Aircraft System Test Site program Indiana.