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Senate Bill 0467


Senate Bill 0467

ARCHIVE (2007)

Latest Information

 

DIGEST OF SB 467 (Updated April 3, 2007 11:55 am - DI 77)


Utilities and fuel standards. Requires the Indiana utility regulatory commission to consider certain expenditures related to ethanol construction projects in the rate base of certain public utilities. Permits an electricity supplier to recover costs associated with electric lines facilities projects. Permits certain utilities to recover certain distribution system improvement charges. Requires an electricity supplier (other than a rural electric membership cooperative or a municipally owned utility) to supply a certain percentage of its total electricity supply from renewable energy resources. Establishes the renewable energy resources fund. Requires an electricity supplier that fails to supply electricity from renewable energy resources to pay a penalty. Deposits the penalties in the fund. Allows the state department of health to inspect samples of gasoline-ethanol blends (ethanol) and prohibit the sale of ethanol that does not meet standards prescribed by law. Establishes minimum specifications for ethanol, gasoline, and kerosene. Provides that an instrument evidencing the sale of nominally anhydrous ethyl alcohol must include certain information. Establishes standards for determining when ethanol is considered to be received in Indiana and for certain records concerning ethanol. Changes references to "ethanol" to "gasoline-ethanol blend".
    Current Status:
     Out of Committee 2nd House
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