Bill Text: IN SB0217 | 2016 | Regular Session | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Township assistance payment of electric bills. Allows the township trustee to deposit township assistance funds in an account of a township assistance recipient (recipient) with an electric service provider (provider) for prepaid electric service. Excludes investor owned utilities from the definition of "electric service provider". Provides that the provider holds the township assistance funds as a fiduciary for the township trustee. Establishes deadlines for the provider to remit township assistance funds to the township trustee if: (1) the township trustee demands remittance of any township assistance funds remaining in the recipient's account; or (2) the recipient's account with the provider
Spectrum: Slight Partisan Bill (Republican 4-2)
Status: (Passed) 2016-03-23 - Public Law 134 [SB0217 Detail]
Download: Indiana-2016-SB0217-Amended.pdf
Bill Title: Township assistance payment of electric bills. Allows the township trustee to deposit township assistance funds in an account of a township assistance recipient (recipient) with an electric service provider (provider) for prepaid electric service. Excludes investor owned utilities from the definition of "electric service provider". Provides that the provider holds the township assistance funds as a fiduciary for the township trustee. Establishes deadlines for the provider to remit township assistance funds to the township trustee if: (1) the township trustee demands remittance of any township assistance funds remaining in the recipient's account; or (2) the recipient's account with the provider
Spectrum: Slight Partisan Bill (Republican 4-2)
Status: (Passed) 2016-03-23 - Public Law 134 [SB0217 Detail]
Download: Indiana-2016-SB0217-Amended.pdf
