SB 298

  • Indiana Senate Bill
  • 2023 Regular Session
  • Introduced in Senate
  • Passed Senate Feb 14, 2023
  • Passed House Mar 20, 2023
  • Signed by Governor Apr 20, 2023

Utility infrastructure improvement charges.

Abstract

Amends the statute governing infrastructure improvement charges for water or wastewater utilities as follows: (1) Provides that in the case of a municipally owned utility or a not-for-profit utility, the adjustment amount to an eligible utility's basic rates and charges for the recovery of infrastructure improvement costs shall be recovered over a 12 month period, regardless of the amount of time over which the infrastructure improvement costs were incurred. (2) Provides that a utility may not recover through an infrastructure improvement charge any infrastructure improvement costs that are recovered by the utility through contributions in aid of construction. (3) Provides that when an eligible utility files a petition for an adjustment amount with the Indiana utility regulatory commission (IURC), the office of utility consumer counselor (OUCC) may examine information of the eligible utility, limited to confirming: (A) that the infrastructure improvements for which recovery is sought are eligible for cost recovery under the statute; and (B) the proper calculation of the proposed adjustment amount. (Existing law provides that the OUCC may examine the information of an eligible utility to confirm these matters, but does not specify that the OUCC's examination is limited to the confirmation of these matters.) (4) Provides that if the IURC finds that an eligible utility's proposed adjustment amount has not been calculated correctly, the IURC shall: (A) provide the correct calculation of the adjustment amount; and (B) allow the eligible utility to implement the corrected adjustment amount. (5) Amends the factors that the IURC may consider in determining the amount of allowable recovery of infrastructure improvement costs for a municipally owned utility or a not-for-profit utility to provide that the IURC may consider other expenses that the IURC considers appropriate, including money for the payment of any taxes that may be assessed against: (A) a municipally owned utility; or (B) a not-for-profit utility or its property; as applicable. (6) Specifies that in the case of a municipally owned utility or not-for-profit utility, the statute's cap limiting total adjustment revenues to 10% of an eligible utility's approved base revenue level applies over the course of each 12 month recovery period. (7) Amends the statute's provisions requiring an eligible utility to reconcile the difference between adjustment revenues and infrastructure improvement costs as follows: (A) Specifies that the reconciliation must occur at the end of each 12 month recovery period. (B) Provides that in the case of a municipally owned utility or a not-for-profit utility, the adjustment amount shall be reset to zero after all previously approved infrastructure improvement costs have been collected.

Bill Sponsors (4)

Votes


Actions


Apr 20, 2023

Office of the Governor

Signed by the Governor

Senate

Public Law 39

Apr 17, 2023

Senate

Signed by the President of the Senate

Apr 03, 2023

House

Signed by the Speaker

Mar 21, 2023

House

Returned to the Senate without amendments

Senate

Signed by the President Pro Tempore

Mar 20, 2023

House

Third reading: passed; Roll Call 273: yeas 94, nays 0

Mar 16, 2023

House

Representative Hall D added as cosponsor

House

Second reading: ordered engrossed

Mar 14, 2023

House

Committee report: do pass, adopted

Feb 28, 2023

House

First reading: referred to Committee on Utilities, Energy and Telecommunications

  • Reading-1
  • Referral-Committee
utilities, energy and telecommunications

Feb 15, 2023

Senate

Referred to the House

Feb 14, 2023

Senate

House sponsor: Representative Soliday

Senate

Third reading: passed; Roll Call 115: yeas 49, nays 0

Feb 13, 2023

Senate

Second reading: ordered engrossed

Senate

Senator Charbonneau added as second author

Feb 09, 2023

Senate

Committee report: amend do pass, adopted

Jan 12, 2023

Senate

First reading: referred to Committee on Utilities

  • Reading-1
  • Referral-Committee
utilities

Senate

Authored by Senator Koch

Bill Text

Bill Text Versions Format
Introduced Senate Bill (S) PDF
Senate Bill (S) PDF
Senate Bill (H) PDF
Enrolled Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0298.04.ENRH.FN001 PDF

Sources

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