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Bill Title: Enforcement of guaranteed savings contracts. Provides that, for all guaranteed savings contracts, the governing body must provide the attorney general a copy of the executed guaranteed savings contract, preproject energy costs and documentation of stipulated project costs and capital expenditures. Provides that the attorney general shall review all guaranteed savings contracts and supporting documentation every three years. Provides that the attorney general may bring an action to enforce the terms of a guaranteed savings contract and recover the amount owed under the guaranteed savings contract. Provides that a court may award: (1) treble damages; or (2) $25,000; whichever is greater,

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced - Dead) 2018-01-18 - Representative Ober added as coauthor [HB1209 Detail]

Download: Indiana-2018-HB1209-Introduced.pdf

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