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Senate Bill 0478
ARCHIVE (2004)
Latest Information
| | DIGEST OF INTRODUCED BILL
IURC deliberations and deadlines. Permits the Indiana utility regulatory commission (IURC) to deliberate in executive session on a proposed order under certain circumstances. Allows a public, municipally owned, or cooperatively owned utility to implement rates proposed by the utility in a petition for a change in its basic rates and charges if the IURC fails to issue an order on the petition within nine months. Requires the utility to give notice to the IURC and to make appropriate changes to the utility's rate schedule not later than 14 days before implementing the proposed rates. Requires the utility to refund or credit to customers any difference between the rate implemented and the higher of the rate: (1) finally approved; or (2) previously in effect. |
Current Status:
| | In Committee - first House |
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