DIGEST OF INTRODUCED BILL
Fire protection costs. Allows a municipally owned water utility in a second class city in St. Joseph County to petition the utility regulatory commission (IURC) to include in the utility's schedule of rates the fire protection costs for each property owner who is not a customer of the utility but whose property is located within 1,000 feet of a fire hydrant within the service area of the utility. Allows the municipally owned utility to charge a fee to such property owners in an amount equivalent to the amount by which the rate for customers of the utility is changed. Requires the IURC to approve a new schedule of rates to take effect 30 days after the IURC's receipt of the utility's petition and recalculated rate schedule. Makes technical changes in the law concerning utilities' rates for fire protection costs to reflect changes in the law that became effective July 1, 2002.