IN HB1421 | 2023 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 5-0)
Status: Passed on April 20 2023 - 100% progression
Action: 2023-04-20 - Public Law 83
Text: Latest bill text (Enrolled) [PDF]

Summary

Energy production and resources. Requires the Indiana utility regulatory commission (IURC) to issue an order granting or denying an application for a certificate of public convenience and necessity (certificate) not later than 240 days after the filing of the application and the submission of the applicant's case in chief. Authorizes the IURC to issue a general administrative order establishing guidelines regarding the information to be included in an applicant's case in chief. Amends the statute providing certain financial incentives for energy utilities in connection with clean energy projects as follows: (1) Provides that a "clean energy project" includes a project to construct or repower, after July 1, 2011, a natural gas facility to displace electricity generation from an existing coal fired generation facility. (2) Provides that an "eligible business" for purposes of eligibility for incentives authorized under the statute includes a joint agency created under the Indiana Code chapter authorizing municipal electric utility programs. (3) Provides (through an amendment to a cross-referenced definition in the Indiana Code chapter governing the Indiana voluntary clean energy portfolio standard program) that for purposes of a clean energy project involving a renewable energy resource project, a "renewable energy resource" includes gas that is derived from the decomposition of organic matter and that: (A) is fully interchangeable with; or (B) can be combined with; conventional natural gas for purposes of generating electricity. (4) Provides that the IURC may provide an incentive under the statute for a project that the IURC finds to be just and reasonable (rather than "reasonable and necessary" under current law). (5) Provides that the IURC may not approve the timely recovery of costs and expenses incurred during the construction and operation of a project unless the IURC finds that recovery of the costs and expenses: (A) is just and reasonable; and (B) will result in a gross financing costs savings over the life of the project. (6) Eliminates the incentive authorizing up to three percentage points on the return on shareholder equity that would otherwise be allowed to be earned on certain clean energy projects. (7) Amends the language prescribing the time frame within which the IURC must issue a determination as to a project's eligibility for the available financial incentives to require the IURC to issue the determination not later than: (A) 120 days after the date of the application; or (B) the time frame prescribed in the bill for the IURC to grant or deny a certificate if a certificate is required for the project. Provides, for purposes of the oil and gas law (which requires the natural resources commission to adopt rules to prevent waste and prohibits actions in the extraction of coal bed methane that would waste commercially minable coal resources), that the term "waste" does not include capturing and destroying coal bed methane for a commercial purpose, including the generation of carbon credits.

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Title

Energy production and resources.

Sponsors


Roll Calls

2023-03-28 - House - House - House concurred in Senate amendments (Y: 65 N: 29 NV: 1 Abs: 5) [PASS]
2023-03-21 - Senate - Senate - Third reading (Y: 31 N: 10 NV: 5 Abs: 4) [PASS]
2023-02-06 - House - House - Third reading (Y: 71 N: 26 NV: 2 Abs: 1) [PASS]

History

DateChamberAction
2023-04-20HousePublic Law 83
2023-04-20HouseSigned by the Governor
2023-04-17SenateSigned by the President of the Senate
2023-04-06SenateSigned by the President Pro Tempore
2023-04-06HouseSigned by the Speaker
2023-03-28HouseHouse concurred in Senate amendments; Roll Call 325: yeas 65, nays 29
2023-03-27HouseMotion to concur filed
2023-03-22SenateReturned to the House with amendments
2023-03-21SenateThird reading: passed; Roll Call 244: yeas 31, nays 10
2023-03-20SenateSecond reading: amended, ordered engrossed
2023-03-20SenateAmendment #1 (Glick) prevailed; voice vote
2023-03-13SenateSenator Donato added as second sponsor
2023-03-13SenateCommittee report: amend do pass, adopted
2023-02-23SenateFirst reading: referred to Committee on Utilities
2023-02-07HouseReferred to the Senate
2023-02-06HouseThird reading: passed; Roll Call 78: yeas 70, nays 27
2023-02-06HouseSenate sponsor: Senator Koch
2023-02-06HouseRepresentative Wesco added as coauthor
2023-02-02HouseSecond reading: ordered engrossed
2023-01-31HouseCommittee report: amend do pass, adopted
2023-01-17HouseFirst reading: referred to Committee on Utilities, Energy and Telecommunications
2023-01-17HouseAuthored by Representative Soliday
2023-01-17HouseCoauthored by Representative Jeter

Subjects


Indiana State Sources


Bill Comments

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