IN SB0083

Sales of electric, natural gas, water, and wastewater utility services become exempt from Indiana state gross retail tax for customer bills issued after December 31, 2026, covering all charges including fixed fees, consumption charges, and rate adjustments

Repeals the sales and use tax exemption for data centers related to quantum computing research, advanced computing, and defense infrastructure networks that was enacted in 2025 (HEA 1601)

Prohibits the Indiana Utility Regulatory Commission (IURC) from issuing final orders in electricity supplier base rate cases that would result in average residential bill increases of 3% or greater after March 14, 2026, and bars all base rate case final orders until July 1, 2028

Authorizes municipalities, including consolidated cities, to condemn and acquire electric utility property from public utilities through eminent domain if unable to negotiate a purchase price, requiring only an ordinance declaring public necessity

Eliminates the ability of municipally owned utilities to include a reasonable return on utility plant in their rates and charges for rate structures established or amended after March 14, 2026