Introduced Version






HOUSE BILL No. 1035

_____


DIGEST OF INTRODUCED BILL



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).





Devon




    January 7, 2013, read first time and referred to Committee on Utilities and Energy.







Introduced

First Regular Session 118th General Assembly (2013)


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 this style type.
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 this style type reconciles conflicts between statutes enacted by the 2012 Regular Session of the General Assembly.

HOUSE BILL No. 1035



    A BILL FOR AN ACT to amend the Indiana Code concerning utilities.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: IC 8-1.5-3-9.2; (13)IN1035.1.1. -->     SECTION 1. IC 8-1.5-3-9.2 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JANUARY 1, 2013 (RETROACTIVE)]: Sec. 9.2. (a) This section applies to an electric utility owned and operated by a second class city that, before January 1, 2013, follows the procedures set forth in section 9.1 of this chapter to remove a utility from the jurisdiction of the commission for the approval of rates and charges and of the issuance of stocks, bonds, notes, or other evidence of indebtedness.
    (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.

SOURCE: ; (13)IN1035.1.2. -->     SECTION 2. An emergency is declared for this act.