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IN HB1330
Bill
Status
1/11/2018
Primary Sponsor
Mara Reardon
Click for details
AI Summary
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Allows investor-owned utilities to provide electric, gas, water, or wastewater service at free or reduced rates to customers locating in incentive areas when a political subdivision dedicates funds for utility infrastructure in those areas.
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Requires utilities to file new rate schedules reflecting free or reduced rates with both the political subdivision and the Indiana Utility Regulatory Commission at least 60 days before the rates take effect.
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Defines "incentive area" as an economic or sports development area, community revitalization area, enterprise zone, tax increment financing district, or similar area or district.
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Exempts utilities furnishing free or reduced rate service in incentive areas from statutory prohibitions against charging different rates for similar services, and exempts customers receiving such service from prohibitions against accepting discounted utility rates.
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Effective July 1, 2018.
Legislative Description
Free or reduced utility rates in incentive areas. Defines "incentive area". Provides that if a political subdivision dedicates funds of the political subdivision to provide or pay for utility infrastructure in an incentive area, an investor owned utility may furnish electric, gas, water, or wastewater utility service at a free or reduced rate to any customer or class of customer that locates within the incentive area. Provides that the resulting change in the utility's rates must be reflected in a new schedule of rates that the utility shall file with: (1) the political subdivision providing or paying for the utility
Last Action
First reading: referred to Committee on Utilities, Energy and Telecommunications
1/11/2018