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House Bill 1979


House Bill 1979

ARCHIVE (2001)

Latest Information

 

DIGEST OF HB 1979 (Updated March 21, 2001 4:38 PM - DI 84)


Merchant power plants. Defines the term "merchant power plant". Provides that a merchant power plant is subject to the jurisdiction of the Indiana utility regulatory commission (IURC), except for a plant that has petitioned the IURC before March 1, 2001, for an order that the IURC decline to exercise its jurisdiction over the plant. Requires a merchant power plant to give notice of a proposed facility to property owners within one half mile of the proposed facility and to hold a field hearing to determine local support for the facility. Provides that after the field hearing, a majority of the property owners may request a hearing before the IURC. Requires the IURC to issue written findings based on testimony at the hearing. Establishes the criteria the Indiana utility regulatory commission (IURC) must consider when considering a merchant power plant application, including preferred siting locations. Provides that when considering whether to approve a plant, the IURC must obtain a recommendation from the department of natural resources (the "department") regarding the plant's planned use of and potential effect on a water resource. Requires a merchant power plant to provide to the IURC and the department an assessment, prepared by a licensed geologist or engineer, of its effect on the water resource and its users. Requires a merchant power plant that seeks: (1) approval from the IURC; or (2) alternative regulation by the IURC; to establish proof of financial responsibility in an amount determined by the IURC. Requires the IURC to issue a decision either approving or denying a merchant power plant's petition for approval or for alternative regulation not later than eighteen months after the date of the petition. Lists the duties of the merchant power plant following approval by the IURC. Provides that if a merchant power plant that has received IURC approval: (1) fails to commence construction of the plant within two years of the date of the IURC's approval; or (2) has not substantially completed construction of the plant within five years of the date of the IURC's approval; the IURC may revoke its approval of the plant. Provides that the IURC may decline to exercise jurisdiction over a facility that has applied to the IURC before March 1, 2001. Specifies that the IURC has jurisdiction over a merchant power plant that has made a significant alteration in the labor used to construct or remodel the facility.
Current Status:
 In Committee - 2nd House
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