Bill Text: IN HB1035 | 2013 | Regular Session | Introduced
Bill Title: Nonjurisdictional municipal utilities.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-01-07 - First reading: referred to Committee on Utilities and Energy [HB1035 Detail]
Download: Indiana-2013-HB1035-Introduced.html
Citations Affected: IC 8-1.5-3-9.2.
Synopsis: Nonjurisdictional municipal utilities. Legalizes and
validates the removal from the jurisdiction of the utility regulatory
commission (IURC) of an electric utility owned and operated by a
second class city that, before January 1, 2013, followed certain
statutory procedures to remove the electric utility from IURC
jurisdiction.
Effective: January 1, 2013 (retroactive).
January 7, 2013, read first time and referred to Committee on Utilities and Energy.
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or
A BILL FOR AN ACT to amend the Indiana Code concerning
utilities.
(b) Notwithstanding section 9 of this chapter, the removal from the jurisdiction of the commission for the approval of:
(1) rates and charges; and
(2) the issuance of stocks, bonds, notes, or other evidence of indebtedness;
of an electric utility described in subsection (a) is legalized and validated.
(c) A municipally owned electric utility described in subsection
(b) is otherwise subject to the requirements of this chapter.
