SB 247

  • Indiana Senate Bill
  • 2024 Regular Session
  • Introduced in Senate
  • Passed Senate Jan 30, 2024
  • Passed House Feb 20, 2024
  • Signed by Governor Mar 11, 2024

Water and wastewater utility infrastructure.

Abstract

Amends the statute concerning the acquisition by a utility company of a water or wastewater utility to provide that if: (1) the appraised value of the utility property to be acquired does not exceed $3,000,000; and (2) the purchase price for the utility property is less than the appraised value of the utility property; the acquiring utility company may submit to the Indiana utility regulatory agency (IURC) a filing under a procedure, based on the procedures set forth in the IURC's rules governing 30 day administrative filings, to include in the acquiring utility company's rate base specified costs associated with the acquisition. Sets forth certain information that must be included in an acquiring utility company's filing. Provides that if the IURC approves an acquiring utility company's filing, the IURC: (1) may only authorize that: (A) the full purchase price; and (B) estimated: (i) incidental expenses; and (ii) other costs of acquisition; be recorded as the acquiring utility company's net original cost of acquisition; and (2) shall provide that any estimated: (i) incidental expenses; and (ii) other costs of the acquisition; are subject to a reasonableness review as part of the acquiring utility company's next base rate case. Adds language specifying that the Indiana Code chapter that governs the transfer, acquisition, and improvement of utilities by municipalities applies to a municipally owned natural gas utility (in addition to a municipally owned electric, water, wastewater, or combined water and wastewater utility).

Bill Sponsors (6)

Votes


Actions


Mar 11, 2024

Office of the Governor

Signed by the Governor

Senate

Public Law 34

Mar 08, 2024

Senate

Signed by the President of the Senate

Mar 07, 2024

House

Signed by the Speaker

Mar 05, 2024

Senate

Signed by the President Pro Tempore

Feb 29, 2024

Senate

Senate concurred in House amendments; Roll Call 236: yeas 43, nays 1

Feb 26, 2024

Senate

Motion to concur filed

Feb 21, 2024

House

Returned to the Senate with amendments

Feb 20, 2024

House

Third reading: passed; Roll Call 179: yeas 90, nays 1

House

Representative Hall added as cosponsor

Feb 19, 2024

House

Amendment #3 (Pryor) ruled out of order

House

Amendment #2 (Pryor) ruled out of order

House

Second reading: ordered engrossed

House

Appeal the ruling of the chair (Pryor); ruling of the chair sustained Roll Call 154: yeas 67, nays 28

House

Appeal the ruling of the chair (Pryor); ruling of the chair sustained Roll Call 155: yeas 65, nays 28

Feb 13, 2024

House

Committee report: amend do pass, adopted

Feb 06, 2024

House

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

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

Jan 31, 2024

Senate

Referred to the House

Jan 30, 2024

Senate

Senator Leising added as second author

Senate

Third reading: passed; Roll Call 67: yeas 48, nays 1

Senate

House sponsor: Representative Soliday

Senate

Senator Randolph added as coauthor

Senate

Senator Charbonneau added as coauthor

Jan 29, 2024

Senate

Amendment #1 (Koch) prevailed; voice vote

Senate

Second reading: amended, ordered engrossed

Jan 25, 2024

Senate

Committee report: amend do pass, adopted

Jan 10, 2024

Senate

Authored by Senator Koch

Senate

First reading: referred to Committee on Utilities

  • Reading-1
  • Referral-Committee
utilities

Bill Text

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

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Indiana General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.