Indiana House Bill 1401 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Republican 6-0)
Status: Passed on May 1 2023 - 100% progression
Action: 2023-05-01 - Public Law 144
Text: Latest bill text (Enrolled) [PDF]

Assessment of wind power devices. Requires a public utility company that owns or operates a wind power device after a change in ownership of the wind power device to report, when filing its first statement of value and description of property with the department of local government finance (department), the valuation of the device at the same valuation amount that the previous owner reported on the previous owner's last annual report before the change in ownership if the valuation amount that the acquiring public utility company would otherwise enter on its first report is lower than the valuation amount at which the previous owner valued the wind power device before the change in ownership. Requires the new owner, for years subsequent to the first year after the change in ownership, to calculate and report the valuation of the wind power device in accordance with: (1) the statute concerning the taxation of public utility companies; and (2) rules prescribed by the department. Provides that for any year subsequent to the first year after the change in ownership of a wind power device, the department, in determining the just value of the property, shall not consider valuations determined by another governmental agency. Provides that these requirements do not apply to a public utility company that owns or operates one or more wind power devices and that has signed or countersigned an economic development agreement, or another financial agreement, that is entered into: (1) with the county in which the public utility company's wind power devices are located; and (2) for the purpose of repowering, or upgrading the technology used in, the wind power devices; before a sale or transfer of the wind power devices. Requires the department to make necessary conforming changes to the annual report form. Requires the Indiana utility regulatory commission to include a provision in an order declining to exercise jurisdiction over a public utility company that: (1) owns or operates one or more wind power devices; or (2) plans to own or operate one or more wind power devices; requiring the public utility to notify the department of any change in ownership of the wind power devices. Requires that before November 1, 2024, and before November 1, 2025, the department shall prepare, submit in an electronic format, and present a report on: (1) the valuation of wind power devices; and (2) the department's progress in implementing the bill's provisions; to the interim study committee on energy, utilities, and telecommunications. Amends the Indiana Code provision that sets forth how the department is to determine the just value of the property of a public utility company to provide an exception from the specified procedures with respect to the determination of the just value of wind power devices.

Assessment of wind power devices.

Rep. Sharon Negele [R]	Rep. Kendell Culp [R]	Rep. Randall Frye [R]	Sen. Jean Leising [R]
Sen. Rick Niemeyer [R]	Sen. Eric Koch [R]

2023-04-19 - House - House - House concurred in Senate amendments (Y: 90 N: 0 NV: 1 Abs: 9) [PASS]
2023-04-17 - Senate - Senate - Third reading (Y: 49 N: 0 NV: 0 Abs: 1) [PASS]
2023-02-07 - House - House - Third reading (Y: 95 N: 0 NV: 1 Abs: 4) [PASS]

Date	Chamber	Action
2023-05-01	House	Public Law 144
2023-05-01	House	Signed by the Governor
2023-04-26	Senate	Signed by the President of the Senate
2023-04-25	Senate	Signed by the President Pro Tempore
2023-04-24	House	Signed by the Speaker
2023-04-19	House	House concurred in Senate amendments; Roll Call 455: yeas 90, nays 0
2023-04-19	House	Motion to concur filed
2023-04-18	Senate	Returned to the House with amendments
2023-04-17	Senate	Third reading: passed; Roll Call 424: yeas 49, nays 0
2023-04-13	Senate	Second reading: ordered engrossed
2023-04-11	Senate	Committee report: do pass, adopted
2023-04-06	Senate	Committee report: amend do pass adopted; reassigned to Committee on Tax and Fiscal Policy
2023-04-03	Senate	Senator Koch added as third sponsor
2023-02-27	Senate	First reading: referred to Committee on Utilities
2023-02-08	House	Referred to the Senate
2023-02-07	House	Senate sponsors: Senators Leising and Niemeyer
2023-02-07	House	Third reading: passed; Roll Call 93: yeas 95, nays 0
2023-02-06	House	Second reading: ordered engrossed
2023-02-02	House	Committee report: do pass, adopted
2023-01-30	House	Representative Frye added as coauthor
2023-01-24	House	Referred to the Committee on Ways and Means pursuant to House Rule 127
2023-01-24	House	Committee report: amend do pass, adopted
2023-01-17	House	Representative Culp K added as coauthor
2023-01-17	House	First reading: referred to Committee on Utilities, Energy and Telecommunications
2023-01-17	House	Authored by Representative Negele

Type	Source
Summary	https://iga.in.gov/legislative/2023/bills/house/1401/details
Text	https://iga.in.gov/legislative/2023/bills/house/1401/#1.INTR
Text	https://iga.in.gov/legislative/2023/bills/house/1401/#2.COMH
Text	https://iga.in.gov/legislative/2023/bills/house/1401/#3.COMH
Text	https://iga.in.gov/legislative/2023/bills/house/1401/#4.COMS
Text	https://iga.in.gov/legislative/2023/bills/house/1401/#5.COMS
Text	https://iga.in.gov/legislative/2023/bills/house/1401/#6.ENRS
Roll Call	https://iga.in.gov/legislative/2023/bills/house/1401/#H93
Roll Call	https://iga.in.gov/legislative/2023/bills/house/1401/#S424
Roll Call	https://iga.in.gov/legislative/2023/bills/house/1401/#H455