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IN HB1319

Bill

Official Source

Status

Introduced

1/11/2012

Primary Sponsor

Gail Riecken

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Amends IC 8-1-2-68 to add "affordable" and "unaffordable" to the criteria the Indiana Utility Regulatory Commission (IURC) must consider when evaluating utility rates
  • Requires the IURC to determine and fix "just, affordable, and reasonable" rates when existing rates are found to be unjust, unaffordable, or unreasonable
  • Current law only requires rates to be "just and reasonable" without the affordability standard
  • Effective date of July 1, 2012
  • Introduced by Representative Riecken and referred to the Committee on Utilities and Energy on January 10, 2012

Legislative Description

Utility rate criteria.

Last Action

First reading: referred to Committee on Utilities and Energy

1/11/2012

Full Bill Text

No bill text available